Gert Andersen entered into a stock purchase agreement to acquire 83.33% stake in Zlato Inc. from Dana Gallovicova for $0.13 million on February 21, 2017. As reported, Gert Andersen will acquire 5 million shares in Zlato for $0.1 million. In addition, Gallovicova also assigned all of the outstanding debt owed to her by Zlato to Andersen for $32,608. Following the sale, Dana Gallovicova will not own any shares in the Zlato. Gert Andersen utilized existing funds to pay the consideration. Gert Andersen completed the acquisition of 83.33% stake in Zlato Inc. from Dana Gallovicova on February 24, 2017. In connection with the sale, Dana Gallovicova, resigned from all officer and Director positions in Zlato and Gert Andersen was appointed as new Director, President, Chief Executive Officer, Secretary and Treasurer of Zlato.