Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
Resignation of Officers
Effective March 14, 2018, a letter of resignation tendered by Baxter
Koehn as Chief Executive Officer of the Company was accepted.
Appointment
of Board Members and Officer
Effective March 14, 2018, Mr. Bruce M. Sellars has been appointed
to the Board of Directors of the Company to serve as Chief Executive Officer of
the company until he resign or his successors be elected by the shareholders of
the Company or appointed by the Board of Directors.
Bruce M. Sellars, P.Eng., MBA is a seasoned executive with
over 40 years of business experience in a variety of
technical, managerial and executive positions. He has the
ability to draw on a variety of skills including engineering, sales, marketing
and finance to successfully create and implement profitable business
ventures. Mr. Sellars has held executive level positions in
Business Development and Marketing for firms in the renewable energy, oil and
gas, electric utility, and water and wastewater utility industries. These
companies include Texaco Canada, Nexen, North Canadian Oils, EPCOR,
TransAlta, Hydroxyl, Hill Murray & Associates, Highwater Power and Cedar
Road LFG. He has created and executed strategic and tactical marketing
and sales plans and led business development and sales teams. Mr.
Sellars has successfully led the North American sales efforts for two European
manufacturing companies. Mr. Sellars has founded several companies
and has been a Director of a publicly traded company and several
private companies.
In consideration for accepting the appointment as a
Director and Chief Executive Officer for the Company, five million
(5,000,000) fully vested shares of the Company's
restricted common stock shall be issued to Bruce Sellars.
Effective March 14, 2018, Mr. Ms. Irene Getty has been appointed
to the Board of Directors of the Company until she resign or her successors be
elected by the shareholders of the Company or appointed by the Board of
Directors.
Ms. Irene Getty is an experienced executive having served as a
Director and President of other publicly traded companies. Ms. Getty has over
20 years of accounting experience as an Owner and Director of Aspire Business
Service a company serving various companies in Western Canada. Current clients
include Siebenga & King Law Corporation; for over 15 years. Previously,
Ms. Getty gained her 25 years of experience in the accounting departments of
Rendek Construction Ltd., as well as other companies in Western Canada.
Ms. Getty if fully versed with general accounting, reconciliation
of all trust bank accounts and reporting trust status for reporting to the Law
Society as well as filing of TAF with the Law Society.
In
consideration for accepting the appointment to the Board of Directors for the Company,
two hundred fifty thousand (250,000) fully vested shares of the Company's
restricted common stock shall be issued to Irene Getty.