This is the reason the stock went down: Departure of Directors or Certain Officers; Election Of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 25, 2022, Mr. John Carlin and Mr. Robert J. Carlin were terminated from their positions with the registrant as President with regard to Mr. John Carlin and Secretary/Treasurer (Principal Financial and Accounting Officer) with regard to Mr. Robert J. Carlin. On the same date, Mr. Scott McAlister, the registrant’s sole director, was appointed Chief Executive Officer and Chief Financial Officer.
Mr. McAlister, age 41, has been the owner of SWM Contractors, LLC, a commercial real estate development company since 2017. He has been in the commercial real estate development business for more than ten years. Mr. McAlister is a licensed general contractor in Florida. He graduated in 2005, from the University of North Florida, Jacksonville Florida.
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