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Friday, 05/06/2022 8:41:09 AM

Friday, May 06, 2022 8:41:09 AM

Post# of 1583
Vancouver, B.C. - April 8, 2022: Komo Plant Based Foods Inc. (CSE:YUM)

(OTCQB:KOMOF) (FRA:9HB) ("Komo" or the "Company") announces that the Company’s President and Chief Executive Officer, William White has been appointed to serve as a director on the Company’s Board of Directors. The Company also announces the resignation of Spiros Margaris from the Board of Directors, effective April 8, 2022. Mr. Margaris has been appointed to the Company’s Advisory Board as of April 8, 2022. The Company would like to thank Mr. Margaris for his contributions to the Company as a member of the Board and looks forward to continuing to work with him going forward in his new advisory role.

On March 30, 2022 the Company’s CFO, Rick Huang, was appointed as CFO of the Company’s wholly owned subsidiary, Fasttask Inc.

On March 31, 2022, Fasttask Inc. sold all intellectual property, application software and technology related to the crowd sourcing application that it formerly operated for $100,000 in cash to Metaversive Networks Inc. (the “Buyer”), pursuant to an asset purchase agreement entered into on March 31, 2022. This was a related party transaction as the CEO of the Company is a director and shareholder of the Buyer. This asset was not being used in the Company’s current business and following its sale, the Company’s wholly owned subsidiary, Fasttask Inc., will be inactive.



So what is the company current business, creating fairy tales?