On June 4, 2020, the Board held a meeting and voted to elect Darin Brown as a member of the Board. Mr. Brown does not earn any compensation as a member of the Board. The Company shall amend this filing to include this information when available. At the same meeting, Sanford Lang resigned from his position as Chairman of the Board but shall remain a member of the Board. Ross Sklar was elected Chairman of the Board. Further, Martin Goldrod resigned as Treasurer of the Company but shall remain a member of the Board and Secretary. The Treasurer position will remain vacant for now. At the same meeting, Ross Sklar resigned as President of the Company but will remain the Chief Executive Officer. The position of President will remain vacant for now. After this meeting, the Board agreed to appoint David Dreyer as the Executive Vice President of Marketing for the Company. Mr. Dreyer will not receive compensation for his role but is an existing shareholder of the Company.
Starco Brands, Inc. is a consumer goods company. The Company operates in three segments: Starco Brands, Skylar, and Soylent. The Starco Brands segment is engaged in the development and sales of consumer goods products. The Starco Brands segment includes STCB, AOS, Whipshots Holdings and Whipshots LLC. The Skylar segment is involved in the sale of fragrances. The Soylent segment is engaged in the sale of nutritional products, mainly drinks. Its brands include Whipshots, the vodka-infused whipped cream; Art of Sport, the body care brand designed for athletes; Winona, the indulgent theater-popcorn spray powered by air; Skylar, the fragrance that is both hypoallergenic and safe for sensitive skin; Whipshots; and Soylent, a non-dairy nutrition brand. It commercializes consumer products manufactured by The Starco Group (TSG). TSG is a private label and branded aerosol and liquid fill manufacturer with manufacturing assets in verticals, including paints, coatings and adhesives, and household.