On November 28, 2016, the remaining members of the Board of Greenwood Hall, Inc. appointed Jerry Rubinstein, Cary Sucoff and Michael Poutre II as directors on the Board, effective as of December 1, 2016. Jerry Rubinstein is an attorney and a CPA and has significant experience in Banking, Finance Entrepreneurship and the entertainment business. Cary Sucoff has over thirty years of securities industry experience. Mr. Sucoff currently owns and operates Equity Source Partners, LLC. Michael Poutre II has over twenty-five years of experience managing, financing, advising and building both public and private companies. Mr. Poutre started his career in the early 1990s at Smith Barney. On November 22, 2016, Frederic Boyer tendered to Greenwood Hall, Inc., a written resignation as director on the Board of Directors, effective immediately, in which Mr. Boyer expressed disagreement with the level of management's communication with the Board and level of Board involvement in day-to-day operations of the company.