STONY HILL CORP. (OTCMKTS:STNY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On February 10, 2017, the board of directors of Stony Hill Corp.,
a Nevada corporation (the Company), appointed Chris Bridges as
our President. Concurrent with the appointment of Mr. Bridges,
Damian Jr. Gong Marley resigned as our President and Chief
Executive Officer, but remains as our sole director.
Chris Bridges, age 38, has served as the Chief Executive Officer
of Vessix Inx, a virtual payment systems business which provides
payment services designed for the aviation industry, since
January 2013. From January 2009 until September 2013, Mr. Bridges
served as a director of Banctek Solutions, which provides
merchant bankcard processing services to all types of merchants.
From January 2005 until January 2008, Mr. Bridges was Executive
Vice President – Acquisitions at PRS Assets, of Denver, Colorado.
Mr. Bridges has entered into an Indemnification Agreement, dated
February 10, 2017, with the Company, to which the Company has
agreed to indemnify Mr. Bridges for claims against him that may
arise in connection with the performance of his duties as
president of the Company.
Mr. Bridges does not have any other agreement, arrangement or
understanding with the Company in connection with being appointed
Item 9.01 Financial Statements and Exhibits.
Indemnification Agreement dated February 10, 2017, by and
About STONY HILL CORP. (OTCMKTS:STNY)
Stony Hill Corp., formerly First Fixtures, Inc., is organized to sell plumbing fixtures over the Internet. The Company is vertically integrated company focused on various areas of the cannabis industry. The Company is engaged in exploring involvement in the consumer, health and wellness, recreational, medical, media, nutraceutical and cosmeceutical parts of the industry. The Company sells products, including clothing, apparel, and other various branded products through its partners. Stony Hill Ventures is organized for various investments under the Stony Hill brand, as well as to conduct any other related business and activities. The Company intends to establish a medical cannabis platform and brand; create a platform to partner and invest in various segments in the medical marijuana industry, and establishes various strategic alliances. STONY HILL CORP. (OTCMKTS:STNY) Recent Trading Information
STONY HILL CORP. (OTCMKTS:STNY) closed its last trading session 00.00 at 2.20 with 2,500 shares trading hands.