HDS International Corp. announced that on March 9, 2015, the company closed the transaction that is the subject of a strategic expansion agreement dated March 5, 2015, by and between the company, Hillwinds Ocean Energy, LLC. In connection with the closing of the strategic expansion agreement, Mr. Recachinas resigned from all executive, non-executive and director positions with the company, including but not limited to President, CEO, CFO, Treasurer, Secretary and Director and concurrently therewith Mr. Rauner was appointed as President, CEO, CFO, Secretary, Treasurer and a Director.
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