On May 10, 2017, the NanoFlex Power Corporation accepted the resignation of its Chief Financial Officer, Mark Tobin from all positions with the company effective as of May 15, 2017. Mr. Tobin's resignation was to pursue other opportunities and was not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices. The company appointed Ronald DaVella as the company's Chief Financial Officer and a member of its board of directors to be effective as of May 15, 2017.