On August 14, 2012, Punchline Entertainment, Inc. received a resignation from Michael Thiessen. Mr. Thiessen resigned as president, chief executive officer, secretary, treasurer and as a director of company. The company appointed Ramzan Savji as president, chief executive officer, secretary, treasurer and as a member to company's board of directors, effective August 14, 2012.

Ramzan Savji has more than 30 years of experience in the banking and business sector. He was employed with the Deutsche Bank A.G. in their letters of credit department from June 1971 to August 1974. He then became the Area Representative for Societe Generale, the French & International Bank from May 1988 to April 1995.

He covered Kenya, Uganda, Tanzania, Rwanda, Burundi and Malawi. In August 2000, Mr. Savji incorporated Telecommunications Supply Line Ltd. From December 1993 to December 1996, Mr. Savji has been a Member of the Board of Governors of the Aga Khan Hospital. Since October 2011, Mr. Savji has been the vice president, secretary and a member to the board of directors of Toron, Inc.