Apex 5 Inc. announced that on December 10, 2012, the company accepted the resignations of Richard Chiang as the president, chief executive officer, chief financial officer, secretary and chairman of the board of directors. These resignations are in connection with the consummation of the share purchase agreement with Michael R. Rosa and was not the result of any disagreement with company on any matter relating to operations, policies or practices. Effective as of the same date, to fill the vacancies created by Richard Chiang's resignations, the company elected and appointed Michael R. Rosa as president, chief executive officer, secretary, chief financial Officer and chairman of the board of directors of the company.

Mr. Rosa currently serves as chief executive officer, president and director of ENCO Industries Inc.