On February 10, 2018, Angela Colette, the court-appointed receiver of Lone Star Gold, Inc. and sole officer and director of the company, appointed William Alessi as President and Chief Executive Officer and director of Lone Star Gold, Inc., and then resigned from all officer and director positions. Ms. Colette's resignation was not the result of any disagreement with the company. Alessi, age 46, has been the Managing Director of Hybrid Titan Management, LLC since September 11, 2000.

He was formerly the interim CEO of RMD Entertainment Group, Inc. from April of 2017 through October of 2017, and was the interim CEO of Land Star, Inc. from April of 2017 to December of 2017.