Utilicraft Aerospace Industries Inc (UITA)

[Kool Aid Man]

According to the recently published 2021 Annual Report--

"In Q1, Y2022, in furtherance of moving the Company forward, Kim Halvorson resigned at CEO, CFO and Board Member and Don Zeppenfeld resigned as Board Member. Robert Clegg succeeded Ms. Halvorson as CEO and CFO and remains as the Company's sole
Board Member"

https://www.otcmarkets.com/otcapi/company/financial-report/324250/content

Halvorson reportedly owns 99 Preferred B shares convertible at a rate of 10 million-to-1. So 990 MILLION common.. roughly 1/5th all authorized.

Also named: Avenue SLS Holdings, LLC - Paul Colangelo owns 48.7 million shares (6.7%). I wonder what a high flyer like Colangelo is doing mixed up in a ticker like BLLB. Perhaps payment in shares for services rendered? Potential reverse merger in the offing?

https://www.avenuinsights.com/about-us/

https://www.dnb.com/business-directory/company-profiles.avenu_holdings_llc.e0208bfa29034ffba37cb5002e7b9310.html

https://profiles.forbes.com/members/tech/profile/Paul-Colangelo-CEO-Avenu-Insights-Analytics/d9083818-b5d1-483a-a0f4-3c6c1155bb31