Lotus Bio-Technology Development Corp. (OTCMKTS:LBTD) 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.
Departure of Sole Officer & Director – Zoltan Nagy
The Company accepted the resignation of Zoltan Nagy on June 19, 2017, effective immediately resigning his position on the Board of Directors of Lotus Bio-Technology Development Corp. and his positions as the sole officer, including Principal executive officer and principal financial officer.
Mr. Nagys resignation was not related to any matter relating to the Registrants operations, policies or practices. The Company has identified a replacement for Mr. Nagy and appreciates the time he served on the Board and as our President.
Appointment of Director & CEO/President- William Ko
Effective June 19, 2017 the Board of Directors of Lotus Bio-Technology Development Corp. appointed William Ko to the Board of Directors and as sole officer, including principal executive officer and principal financial officer. Mr. Ko will serve on the board until the next annual shareholders meeting.
Mr. Ko has been highly successful in business in a variety of industries namely Real Estate developments ranging from commercial to agricultural properties in Hong Kong and China. He brings a vast array of experience in both public and private companies.
Item 8.01 Other Events: change of Company address
Unit 04,16/F, Tower 2 Silvercord, 30 Canton Road, Kowloon, Hong Kong
Phone Number 852 6398 0212
About Lotus Bio-Technology Development Corp. (OTCMKTS:LBTD)
Lotus Bio-Technology Development Corp., formerly Starflick.Com, is a biotechnology development company. The Company focuses on specializing in the refining of organic materials and the production of natural consumer related products. It is exploring opportunities in the organic growth and farming sector in China. The Company’s operations are organizational matters, planning its Websites and developing its business plan. The Company is in start-up stage and has not generated any revenues.