Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On June 29, 2021, the board of directors accepted the resignation of Marcus
Goetz Laun as Chief Executive Officer and Director and appointed Harrison Pierce
Kordestani to act as our Chief Executive Officer and Director.
Harrison Pierce Kordestani is an executive with over twenty-five years
experience in entertainment and media, technologies, and start-ups. Mr.
Kordestani has also developed a specialized legal and strategic consulting
practice representing select entertainment, oil and gas, mrotgage lending, and
technology start-up clientele. He is also deeply passionate about new
technologies and has actively worked in building companies in the
Video-on-Demand, wearable tech, Information of Things, demand prediction and
app-marketing spaces.
Mr. Kordestani is a member of the bars of the states of Calfiornia and Maryland,
the United States District Court, and the U.S. Tax Court, as well as having been
a guest lecturer at the Tisch School of Film at the New York University, and
Chapman University in Soutrhern California.
There are no family relationships between Mr. Kordestani and any of our
directors or executive officers.
Mr. Kordestani has not had any material direct or indirect interest in any of
our transactions or proposed transactions over the last two years. At this time,
we do not have any employment agreement with Mr. Kordestani but shall endeavor
to imminently enter into a viable agreement, and shall disclose the same to the
commission upon that event.
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