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Tuesday, May 22, 2018 7:31:38 AM
https://backend.otcmarkets.com/otcapi/company/sec-filings/12770902/content/html
2 new Board of Director Appointees.
One of them very interesting
Robert Yaspan, age 72, has owned and operated Law Offices of Robert M. Yaspan since 1997 where has focused his practice on business reorganizations and real property law. Mr. Yaspan received a Bachelor of Arts degree in History from the University of Chicago in 1968 and a Juris Doctorate from University of Southern California in 1971. Mr. Yaspan is the manager of REKO Holdings LLC, a significant shareholder of the Company.
CEO resignation
On May 17, 2018, Mansour Khatib, Chief Marketing Officer and director of the Company, was engaged as Interim Chief Executive Officer to fill the vacancy resulting from Gregory Bauer’s resignation as Chief Executive Officer and director of the Company. In addition, Michael Murray, a director of the Company, was engaged as President of the Company. The Company and Mr. Bauer entered into a Consulting Agreement for a period of one year for compensation of $15,000 per month to provide services associated with prepaid financial services.
Interesting thing is that Khatib said he wasn't aware of anything with Reko holdings but he is now interim CEO with a representative of REKO on the board of directors. I wonder how this is going to change plans going forward
15174-872-XXX
TCR1515007XXXXXX
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