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Re: PotterBanker post# 306

Friday, 07/17/2020 2:09:53 PM

Friday, July 17, 2020 2:09:53 PM

Post# of 402
I've been looking into this company and trying to find some info on why nothing is happening. Unfortunately, the CEO Daniel Hammett (per 8K quoted below) passed away early this year.
Don't see anything happening until his family take over and do something with his shares, or someone takes custodianship.


from 8k filed 08/10/2018

"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 9, 2018, the Board of Directors (the “Board”) of Arias Intel Corp. (the “Company”) accepted the resignation of Kevin Gillespie, the Company’s Chairman of the Board, President, and Chief Executive Officer.

Subsequently, also on August 9, 2018, the Board appointed Daniel Hammett, the Company’s Chief Technology Officer, Executive Vice President, and sole remaining member of the Board as its Interim President and Chief Executive Officer.

As a result of the resignation of Mr. Gillespie, Mr. Hammett becomes the Company’s sole officer and director and therefore has no family relationship with other officers or directors of the Company. Additionally, there are no understandings or arrangements between Mr. Hammett and any other person pursuant to which Mr. Hammett was appointed as Interim Chief Executive Officer of the Company."

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