On February 13, 2012 Judah Steinberger resigned from the position of CEO with The Mobile Star Corp., but not before appointing George Ivakhnik to take over his position as CEO. Furthermore, Mr. Steinberger will remain a Director of the company as a member of the Board. Mr. Ivakhnik has also been named to the Board of Directors of the company. As of February 13, 2012, George Ivakhnik was appointed as the company's Chief Executive Officer and a Member of the Board of Directors. Mr. Ivakhnik's background includes service as registered representative of national investment banks, including Advanced Equities, where he performed financial services for top Silicon Valley VC's, New Enterprise Associates, Kleiner Perkins Caufield & Byers, Benchmark Capital, and Sequoia Capital. Mr. Ivakhnik also has over 10 years real estate capital markets experience as Vice President of PRM Realty Group. Most recently, Mr. Ivakhnik has spearheaded the acquisition and implementation franchising opportunities of U.S. based socially responsible companies, Mr. Ivakhnik offices in Beverly Hills, California.