eBullion, Inc. (OTCMKTS:EBML) 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.
On August 14, 2017, BRK, Inc., a Nevada corporation (the “Company”), announced that Chui Chui Li had resigned as a Chief Financial Officer, Secretary, Treasurer and director of the Company.
Kee Yuen Choi, the Company’s current Chief Executive Officer and a director, has been appointed Chief Financial Officer, Secretary, and Treasurer of the Company.
There are no family relationships between Mr. Choi 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.
About eBullion, Inc. (OTCMKTS:EBML)
eBullion, Inc. is engaged in the precious metals trading business, facilitating the execution of gold and silver price contracts for customers of its agents through an electronic trading platform, which the Company licenses from an affiliated company, True Technology Company Limited. The Company is engaged in the business through its Hong Kong subsidiary, Man Loong Bullion Company Limited (Man Loong). The electronic trading platform provides various independent sales agents and their customers with the Chinese Gold & Silver Exchange (CGSE) price quotations on gold and silver price contracts, on a Loco London basis, as well as information updates on the gold and silver market, based on an evaluation of third-party market pricing sources. The electronic trading platform also provides an agent’s customers with up-to-date market data, trade reports and gain/loss reports to assist them in evaluating their portfolio and effecting trades.