On January 27, 2014, Mr. Matthew Worrall resigned from his position as a member of the Board and from his position as Chief Executive Officer, President, director and any and all other positions to which he may have been previously or at any time appointed, regardless of whether he served in such capacity, of Amerilithium Corp. Mr. Worrall's resignation is not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices. On January 27, 2014, the directors the company approved the appointment of Mr. Ernest Remo as Interim Chief Executive Officer and director effective immediately.

Mr. Ernest Remo's career on Wall Street has spanned thirty years involving all areas of the institutional bond and equity business. From 2004 through the present, Mr. Remo has served as Chairman and Chief Executive Officer of American Diversified Holdings Corporation.