Engagement of New Independent Registered Public Accounting Firm

On March 16, 2017, Marcum LLP (“Marcum”) resigned as the independent registered public accounting firm of J.E.M. Capital, Inc., formerly known as Zosano, Inc. (the “Company”). On May 9, 2017, the Board of Directors of the Company approved the appointment of Union Power HK CPA Limited (“UNHK”) as the Company’s independent auditor.

During the Company’s two most recent fiscal years ended December 31, 2015 and 2014 and through UNHK’s appointment on May 9, 2017, neither the Company nor anyone acting on its behalf consult with UNHK with respect to (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that may be rendered on the Company’s financial statements, and UNHK did not provide either a written report or oral advice to the Company that was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; or (ii) any matter that was the subject of a disagreement or any reportable events as defined and set forth in Item 304(a)(1)(iv) and (v), respectively, of Regulation S-K.

About J.E.M. CAPITAL, INC. (OTCMKTS:JEMC)

J.E.M. Capital Inc., formerly Zosano, Inc., is a shell company. The Company’s business plan is to identify a privately held operating company, which is profitable or has growth potential, irrespective of the industry, in which it is engaged, desiring to become a publicly held company with access to the United States capital markets by merging with the Company through a reverse merger or acquisition. The Company has no operations. The Company has not generated any revenues.

J.E.M. CAPITAL, INC. (OTCMKTS:JEMC) Recent Trading Information

J.E.M. CAPITAL, INC. (OTCMKTS:JEMC) closed its last trading session at 0.0000 with shares trading hands.