Trustfeed Corp (TRFE)

[threewheeler]

TRFE CHANGE IN CONTROL 2.2M float
https://www.otcmarkets.com/filing/html?id=17216448&guid=czd-kH2IptwfJth


Upon the consummation of the Transaction on December 29, 2023, the Company experienced a change in control. The Transaction and related transactions have the following consequences:


? We expanded the Board to two members and appointed one new director who is an affiliate of CWR;

? Subject to the filing of this Information Statement and Rule 14f-1, our sole existing director will resign;

? Our Chief Executive Officer (principal executive officer, principal accounting officer and principal financial officer) and Chairman of the Board resigned from his officer and employment positions with the Company and its subsidiaries;

? An officer of CWR was appointed as our sole executive officer; and

? New management anticipates entering into a future transaction involving the Company, which could result in the acquisition of one or more businesses, companies or asset classes, including but not limited to intellectual property assets and that may currently be owned by affiliates of management. The Company’s new management will be evaluating the Company’s existing business as part of these possible future transactions.