On August 16, 2012, Moufid Makhoul resigned as Chief Executive Officer, President, Secretary, Treasurer, Chief Financial Officer and Director of Octagon 88 Resources, Inc. Mr. Makhoul did not resign due to any dispute or disagreement with the company. On August 16, 2012, the Board of Directors appointed Mr. Feliciano Tighe as Chief Executive Officer, President, Secretary, Treasurer, Chief Financial Officer and a Director of the company. From July 2011, Mr. Tighe worked with Rigi Capital Zug Ch.

He is currently a consultant with Zentrum Energie Trust AG. He is not currently an officer or director of any other reporting issuers.