ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.
On March 29th, 2013, Henry H. Ngan resigned as our Chief Financial Officer. Mr. Ngan who served as Chief Financial officer since March 2011 has decided to pursue other opportunities, and we want to thank him for his contribution to the Company and wish him well with his future endeavors. Xia Zhao, the current financial manager will be promoted to the Chief Financial Officer position effective immediately.
Wonder if this was the doing of the 48% interest in ZSTN! I hope so! Ngan was a very poor CFO that tank the stock more then help it go up! Not letting the CPA firm "do it thing" was crazy!
I would suspect so. I am certain that many of us (ZSTN investors) have been hoping for any kind of communication as an indication that the company is viable. And, perhaps it's just AER sucking up a few more inexpensive shares.