The Metal Arts Company, Inc. Announces Change in Control and New Management New York, NY - August 30, 2021 – The Metal Arts Company, Inc. (OTC Pink: MTRT)(“MTRT”) is proud to announce that on or about August 25, 2021, as a result of a private sale of 7,665,000 shares of common stock of MTRT, control of MTRT passed to Medium, Inc., a company incorporated under the laws of South Korea.
A new board of directors of MTRT, consisting of Messrs. Pan Jong Kim, Kiwoon Biak, and Yunho Chung, were appointed. In addition the following individuals are now officers of MTRT: (i) Mr. Pan Jong Kim is now serving as chairman and chief executive officer, (ii) Mr. Kiwoon Biak is now serving as vice president and chief financial officer of MTRT, and (iii) Mr. Yunho Chung is now serving as vice president and secretary of MTRT.
MRTR is still a shell company as that term is defined under Rule 405 of the Securities Act of 1933, as amended, and Rule 12b-2 of the Securities Exchange Act of 1934, as amended.
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