On October 14, 2016, Sirrus Corp., Ahmed Guled (the Selling Stockholder) and Linux Labs Technologies Inc. entered into a Stock Purchase Agreement. Contemporaneously with the consummation of the Transaction, the Board of Directors of the Company appointed Sparrow Marcioni as a member of the Board of Directors and as the Chief Executive Officer, President, Secretary and Treasurer of the company, and Steven James as the Chief Technology Officer of the company. The Selling Stockholder also resigned as the President and Chief Executive Officer of the company and as a member of the Board.

Sparrow Marcioni has been serving as Chief Executive Officer of Linux Labs International Inc. for the past 10 years (2006-2016). Steven James has been serving as the Chief Technology Officer of Linux Labs International Inc. for the past 10 years (2006-2016).