On May 30, 2019, Michael Becker, director of GelTech Solutions, Inc. notified the Board of Directors of the Company of his decision to resign as director, effective on the close of business on June 30, 2019. Additionally, on June 4, 2019, Mr. Warren Mosler, a large shareholder of the Company, was appointed to the Company’s Board of Directors. Mr. Mosler is an American economist, hedge fund founder, engineer, professional automotive designer, and politician. He was the founder of Mosler Automotive and a co-founder of the Center for Full Employment And Price Stability at University of Missouri-Kansas City.