BINGO NATION INC. (OTCMKTS:BLTO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Election of Director
On March 22, 2017, the Company appointed Richard G. Hill to the Company’s Board of Directors. This corporate action was approved by the Company’s Board of Directors and the holders of a majority of its common shares by written consent as authorized by Nevada corporate law.
Hill, age 64, served as chairman of the Oneida Nation of Wisconsin from 2008 to 2001. He previously served as chairman from 1990-1993. Under Hill’s first term as chairman, Oneida signed its first gaming compact with the State of Wisconsin. From 1993 to 2001 Hill also served as chairman of the National Indian Gaming Association (NIGA). Based in Washington, D.C., NIGA is a non-profit organization that has grown to 184 Indian tribes, representing the interests of tribal gaming enterprises. Under Hill’s leadership, NIGA became a nationally recognized voice on Indian gaming on legislative and entrepreneurial issues and established regulatory standards and policies for tribal governmental gaming nationwide. As the main national public relations spokesperson for the organization, Hill addressed the National Press Club, Harvard Law School, Arizona State Law School, and a variety of national and regional trade shows and other prestigious entities, encouraging Indian self-sufficiency, self-regulation, and integrity for gaming enterprises.
In October 2001 Hill became the first Gaming Hall of Fame inductee from the Indian gaming segment. He was recognized for his significant role in nurturing growth of tribal gaming. That Industry has now expanded into 497 gaming establishments operated by 244 tribes across 29 states.
Since 2001 a NIGA Chairman Emeritus, Hill formed The Hill Group LLC, to consult with various entities to identify economic development projects and partnerships in Indian Country along with equity/debt projects. He also formed RGH Holdings Inc., to assist and develop real estate both on and off reservations, including the development of the first ever off-reservation, tribal consortium hotel investment, located in Washington, D.C. The Residence Inn by Marriot where RGH identified and negotiated the $12 million tribal equity participation in a $42 million extended-stay hotel project.
About BINGO NATION INC. (OTCMKTS:BLTO)
Bingo Nation Inc., formerly Nexgen Applied Solutions Inc., is engaged in the business of leasing land and buildings to licensed cannabis producers in the state of Washington, which do not have the financial resources to purchase land and build their own greenhouses. As of March 31, 2016, the Company has one tenant leasing from it. As of March 31, 2016, the Company, through its subsidiary River Ridge Sunshine Farms LLC, held 10 years lease on 40 acre property. The property is located in Benton County in the south-central portion of the state of Washington. BINGO NATION INC. (OTCMKTS:BLTO) Recent Trading Information
BINGO NATION INC. (OTCMKTS:BLTO) closed its last trading session up +0.30 at 2.08 with 631,507 shares trading hands.