PORTUS CORPORATION (NASDAQ:PORS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

(d) Appointment of Directors

On December 18, 2016, the Board of Directors appointed Kevin
Bobryk to the Board of Directors to serve as its Special Advisor
to the Board of Directors and VP of Corporate Communications.

Mr. Kevin Bobryk has over 14 Years experience owning, operating
and providing consulting services to private and public
businesses across a broad spectrum of industries. In 2000 Mr.
Bobryk started his private consulting practice providing capital
formation and international corporate structuring services. In
2003 he co-founded two companies providing trading, technology
solutions and client management services within the foreign
exchange retail market.

Mr. Bobryk has been registered with the CFTC and NFA as a
Commodities and Futures Broker (Series 3 license) and Branch
Manager (Series 30 license). Additionally, Mr. Bobryk has
contributed to the design of several proprietary hedging models
for interest rate and foreign currency risk. These models have
been utilized for risk management of interest rate and credit
exposure of premium finance transactions within the insurance
industry.

In May of 2015, Mr. Bobryk assumed the interim Chief Executive
Officer and Chairman of the Board positions in Ultimate Rack Inc
and departed these positions in February of 2016.

In April of 2016, Mr. Bobryk assumed the Chief Executive Officer
and Chairman of the Board positions in ML Capital Group, Inc.

Additionally, Mr. Bobryk provides consulting services to private
and public companies. His extensive experience in accounting,
legal, regulatory and financing afford his clients a customized
approach to their specific needs.

There is no employment or compensation agreement or Director
compensation plan in place with Mr. Bobryk.

SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro forma Financial Information.

Not applicable.

(c) Shell Company Transaction.

Not applicable.

(d) Exhibits.

About PORTUS CORPORATION (NASDAQ:PORS)