Alternative Energy and Environmental Solutions, Inc. announced in connection with the closing of the Stock Purchase Agreement, on May 22, 2012, Scott Williams, Dave Callan and John Tilger each submitted to the company a resignation letter pursuant to which they resigned from their respect positions as directors of the company. In addition, Scott Williams resigned from his position as President and Chief Executive Officer of the company and Dave Callan resigned from his position as Chief Financial Officer and Secretary of the Company. The resignations of Mr. Williams, Mr. Callan and Mr. Tilger were not a result of any disagreements relating to the Company's operations, policies or practices. On May 22, 2012, by consent to action without meeting by unanimous consent of the board of directors of the company, the Board accepted the resignations of Mr. Williams, Mr. Callan and Mr. Tilger and appointed Peter Coker serve as the President, Chief Executive Officer, Chief Financial Officer and sole director of the company. Peter Coker is the founder and Managing Director of Tryon Capital Ventures.