Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.





Resignation of Phillip Allen:

On December 22, 2021, Phllip Allen tendered his resignation as the Company's Chief Executive Officer. Mr. Allen will continue to serve as Chairman of the Board of Directors.

Appointment of Larry Kozin as Chief Executive Officer:

On December 23, 2021, the Board of Directors appointed Larry Kozin to serve as the Company's Chief Executive Officer.

Prior to his election as Chief Executive Officer, Mr. Kozin served as Chief Operating Officer and a member of the Board of Directors of the Company. Mr. Kozin will continue to serve as a board member. The position of Chief Operating Officer will remain vacant for the time being.

On December 23, 2021, the Board of Directors also appointed John Bellave as President and Secretary and Jeffrey Rubinstein as Treasurer and Chief Financial Officer.




Item 9.01   Financial Statements and Exhibits.



(d) Exhibits.



Exhibit No.   Title
17.1            Resignation Letter from Phillip Allen

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