ZZLL INFORMATION TECHNOLOGY, INC. (OTCMKTS:ZZLL) 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

Appointment of Tsz Fung Philip Lo as Chief Financial Officer

On April 1, 2017, Tsz Fung Philip Lo (“Mr. Lo”) was appointed to serve as a Chief Financial Officer of ZZLL Information Technology, Inc. (the “Company”) to serve until the next annual meeting or until his successor is duly appointed. On April 3, 2017, Mr. Lo accepted such appointment.  

The biography for Mr. Lo is set forth below:

Mr. Tsz Fung Philip LO, 50 – Mr. LO graduated from the University of Wollongong, NSW Australia in 1992 with a Bachelor of Commerce degree. Mr. Lo is currently an Independent Non-Executive Director of Styland Holding Limited since April 2009, a company listed on Hong Kong Stock Exchange Main Board (Stock Code: 211); an independent director of Dragon Jade International Limited since Sept 2012, a company listed on OTCQB in the United States; and the Chief Financial Officer of China Keli Electric Company Ltd. since August 2015, a company listed on TSX-Venture Canada (ZKL). He was an independent non-executive director of QKL Stores, Inc. from Sept 2011 to May 2016, a company listed on NASDAQ (QKLS), and the Chief Financial Officer of USmart Mobile Device Inc. from August 2013 to Dec 2014, a company listed on OTCQB in the United States.

Mr. Lo is currently a member of the Certified Public Accountants of Australia and a certified public accountant of the Hong Kong Institute of Certified Public Accountants. Mr. Lo had several public service positions. He was a member of the standing committee of the Guangzhou Liwan District Committee of CPPCC from 2005 to 2007; a member of the standing committee of the Guangzhou Fan Cun District Committee of CPPCC from 2003 to 2005; and also the vice president of the Council of Guangzhou Association of Enterprises with Foreign Investment in 2003.

 Family Relationships

Mr. Lo is not related to any Officer or Director of the Company.

Related Party Transactions

There are no related party transactions reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.

About ZZLL INFORMATION TECHNOLOGY, INC. (OTCMKTS:ZZLL)

ZZLL Information Technology, Inc., formerly Green Standard Technologies, Inc., operates through its subsidiaries, including Olive Oils Direct International, Inc. (OODI), Syndicore Asia Limited (SAL) and Green Standard Technologies Enterprises, Inc. (GSTEI). OODI is a development-stage company that plans to develop and operate a retail Internet Website specializing in gourmet Italian food products. OODI is developing an e-commerce Website, www.OliveOilsDirect.com, to sell products inventoried by OliveOilsDirect.com and products offered by other retailers. SAL is an online media company that syndicates professional sports video in a cloud-based, multimedia conduit for content creators, news outlets and brands. The Company’s second line of business is carried out by GSTEI, which is in the medical and recreation marijuana industry.

ZZLL INFORMATION TECHNOLOGY, INC. (OTCMKTS:ZZLL) Recent Trading Information

ZZLL INFORMATION TECHNOLOGY, INC. (OTCMKTS:ZZLL) closed its last trading session 00.000 at 0.660 with 500 shares trading hands.