BRK, Inc. (OTCMKTS:BRKK) Files An 8-K Changes in Control of RegistrantItem 5.01 Changes in Control of Registrant.
The information disclosed in Item 5.02 of this Current Report on Form 8-K is incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 14, 2017, BRK, Inc., a Nevada corporation (the “Company”), announced that Daniel Serruya has been appointed to the Company’s board of directors, which will now consist of solely of Mr. Serruya, and appointed as President and Chief Executive Officer of the Company. Simultaneously with Mr. Serruya’s appointment, Gary Shields, was appointed Chief Technology Officer, and Brian Keasberry resigned as a director, and President and Chief Executive Officer, but remains as the Company’s Secretary and Treasurer.
Mr. Serruaya, age 49, has been a consultant, providing business development and structured financing advice and services. Mr. Serruaya attended Concordia University of Montreal, Quebec, where he studied Economics and Sociology. Mr. Serruya’s background in business development and structured financing led to our conclusion that he should serve as a director in light of our business and structure.
Mr. Shields, age 56, has been a Technical Designer at Shark Marine Technologies, of St. Catharine’s, Ontario, since August 2016. From February 2015 until July 2016, Mr. Shields was a Technical Designer at Niagara Technical Design, of Fonthill, Ontario. From May 2014 until February 2015, Mr. Shields was a software developer at Insight Avionics, of Fort Erie, Ontario. From May 2006 until May 2014, Mr. Shields was a Technical Designer at Shields Industrial Science, of Toronto, Ontario.
There are no family relationships between Mr. Serruya or Mr. Shields and any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company within the meaning of Item 401(d) of Regulation S-K under the U.S. Securities Act of 1933 (“Regulation S-K”). Since the beginning of the Company’s last fiscal year, the Company has not engaged in any transaction in which Mr. Tan had a direct or indirect material interest within the meaning of Item 404(a) of Regulation S-K.
Each of Mr. Serruya and Mr. Shields has entered into an Indemnification Agreement with the Company, to which the Company has agreed to indemnify each of them for claims against them that may arise in connection with the performance of their duties as an office and/or director of the Company.
Item 9.01 Financial Statements and Exhibits.
Form of Indemnification Agreement
BRK, Inc. ExhibitEX-10.1 2 brk_ex101.htm FORM OF INDEMNIFICATION AGREEMENT brk_ex101.htmEXHIBIT 10.1 INDEMNIFICATION AGREEMENT This Indemnification Agreement (the “Agreement”) is made as of ________,…To view the full exhibit click
About BRK, Inc. (OTCMKTS:BRKK)
BRK, Inc. has developed a product for the repair of hanging venetian blinds. As part of this development, the Company has completed the development and is engaged in building a machine to make the parts for blind repair that it is selling. The Company’s product, Blind Repair Kit, consists of a plastic mold that provides invisible repairs for vertical blinds that has had their hanging hole ripped. The Blind Repair Kit allows the blind owner to extend the life of the blind vane and eliminates the need to special order or replace blinds due to damage. The Blind Repair Kit is manufactured in the United States in its own facility.