As pointed out on OTC Markets web site , Dr. Seonkee Kim is now listed as the new CEO of The Coretec group ) . In the closing conditions we can see that the new CEO is not appointed until after the closing . So it appears that the CLOSING has taken place and they just need to make the public filings ..Will be looking for that tommorrow .
COMPANY OFFICERS & CONTACTS. ( On the OTC Market site )
Dr. Seonkee Kim CEO
ARTICLE 9
CONDITIONS TO CLOSING
(p) Chief Executive Officer. Following the Closing, the Parent will employ a chief executive officer who will be chosen by the Board..
The new board names were not on the OTC site , not sure why , but the board of the Parent after Close chooses the CEO . And that board should be the new board .
(o) Board of Directors. Following the Closing, the Board of Directors of the Parent shall be increased to at least five members and the five (5) board members (the “Board”) will consist of one (1) current member of the Parent’s Board and four (4) member that shall be appointed by Member. The initial board members shall serve for a period of at least one year and cannot be removed during that year, unless removed by unanimous vote of the Board.
Bullish
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