On January 18, 2022,Nano Mobile Healthcare, Inc. appointed Mr. Frank I Igwealor as its President, effectively immediately. The Company believes that Mr. Igwealor's vast experience would help to find a suitable merger for the Company to capitalize on emerging opportunities in the Web3, Gaming, Crypto and Metaverse industries. The Company also believes that bringing Mr. Igwealor back to actively manage the Company will provide it with the vision and grit to achieve its objectives.