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 3, 2017, the Company appointed David Matheson 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.
David Matheson, age 65, holds an M.A. in Business Administration from the University of Washington. In 1989 Mr. Matheson was appointed by President George H. W. Bush to serve as Deputy Commissioner for Indian Affairs, U.S. Department of the Interior, which he did for four years, during the time the Indian Gaming Regulatory Act of 1988 was being implemented. As Deputy Commissioner of Indian Affairs, Mr. Matheson was responsible for the day-to-day operations of the Bureau of Indian Affairs, including the responsibility for fulfilling the Department’s trust responsibilities and promoting self-determination on behalf of over 500 federally recognized American Indian and Alaska Native tribal governments. Mr. Matheson oversaw a federal agency which currently has 10,000 employees nationwide, and which is responsible for providing services to over one million individual American Indians and Alaska Natives from the federally recognized tribes. Mr. Matheson was awarded a Commendation from the Secretary of the Interior for Outstanding Service. He was appointed by President George W. Bush as an advisor to the President’s Commission on Tribal Colleges and Universities. Mr. Matheson previously served as a delegate to the People’s Republic of China’s Native American Trade Mission, and as Chief Executive Officer of Coeur d’Alene Development Enterprises.
From 1994 to 2006 and 2011 to 2016 Mr. Matheson was CEO of the Coeur d’Alene Casino & Resort Hotel in Worley, Idaho, which was voted the #1 local casino in the Spokesman Reader Review for three consecutive years. Over the years, Mr. Matheson, a member of the Coeur d’Alene Tribe, has served three terms as Tribal Council leader, has served from 1981 to 1986 as Tribal Chairman, and manager of various tribal operations.
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 +0.020 at 0.510 with 11,500 shares trading hands.