Cellular Goods announced the resignation of Darcy Taylor to his position as Chairman of the Company, effective immediately. Furthermore, the Company announced that Michael Edwards has been appointed as Executive Director. The appointment will take effect immediately.

Michael (Mike) Edwards has started and invested in technology companies for over 20 years. Mike has a wealth of experience in building and scaling technology companies in private and public markets, including the following: Mike invested in early stage technology companies such as Punch'd, which was sold to Google, Summify, which was acquired by Twitter, Wander, which was acquired by Yahoo, AreaConnect, which was sold to Marchex, Wylie Interactive, which was acquired by Zynga, and PasswordBox, which was acquired by Intel. He was the cofounder and president of Argo Blockchain plc, a company established to provide cryptocurrency mining services and which was admitted trading on the London Stock Exchange's Main Market for listed securities in August 2018 that reached a USD 2 Billion valuation in 2022.

Mike is also a current Board member of Eastside Games Group Inc, listed on the Toronto Stock Exchange. East Side Games Group is a mobile game platform technology company and development and publishing group powerhouse creating legendary games. He is also the co-founder and director of NFT Investments Plc, the first publicly traded vehicle for the new NFT asset class; AQRU Plc, a publicly traded issuer building and investing in Cryptocurrency and DeFi assets; Ora Technology Plc, the first carbon credit trading platform listed on the Aquis Stock Exchange; and Flex Labs Inc, the first AI middleware solution listed in the Aquis Stock Exchange.

Current directorships and/or partnerships: Aquis Stock Exchange listed companies: NFT Investments plc, AQRU plc and Clarify Pharma plc, Ora Technology plc, Flex Labs Inc. London Stock Exchange listed company: Streaks Gaming plc. Toronto Stock Exchange listed company: East Side Games Group, Former directorships and/or partnerships (within the last five years): London Stock Exchange listed companies: Guild esports Plc, Argo Blockchain plc. CBOE Canada Exchangelisted company: Pioneer Media Holdings Inc.