In connection with the closing of the stock purchase agreement, on September 24, 2014, John Fahlberg submitted to Clone Algo Technologies Inc. a resignation letter pursuant to which he resigned from his position as officer and member of the Board of Directors of the company. Mr. Fahlberg's resignation was not a result of any disagreements relating to the company's operations, policies or practices. On September 24, 2014, the board of directors of the company and the majority stockholders of the company accepted the resignation of Mr. John Fahlberg and, contemporaneously appointed: (i) Nakul Gupta to serve as the Chief Executive Officer, Chief Financial Officer and member of the Board of Directors; and (ii) Oksana Murarova to serve as the Secretary, Treasurer, and member of the Board of Directors.

Nakul Gupta is a proficient software researcher and developer. He previously worked on algorithms for the Defense Research and Development Organization in New Delhi, India. Oksana Murarova has worked for Strategybot Russia for the last 19 years developing algorithms. Ms. Murarova' s qualifications to serve on the Board include her experience in developing algorithms.