Acquired SIP-AI/SIP-3 oilfield IP and SAPI registrations FM-03779, SO72943 from Franklin Marín Toro for 10M restricted shares and 2M Series B preferred (200 votes each); no cash.
Seller Franklin Marín Toro named CEO, President, Secretary, Treasurer and director on Oct 22, 2026; no independent valuation/fairness opinion obtained; COO Andrew Gaudet to exit after 2-3 weeks.
Acquired SIP-AI/SIP-3 oilfield IP and SAPI registrations FM-03779, SO72943 from Franklin Marín Toro for 10M restricted shares and 2M Series B preferred (200 votes each); no cash.
On October 22, 2026, the Board appointed Franklin Marín Toro as Chief Executive Officer, President, Secretary and Treasurer, and designated him as the Company’s principal executive officer and, until a separate Chief Financial Officer is appointed, its principal financial officer and principal accounting officer, effective at 5:00 p.m. Eastern Time on October 22, 2026.
Franklin Marín Toro , age 46, has served as Chief Executive Officer, President, interim Chief Financial Officer, Secretary and Treasurer, and a director of the Company since October 22, 2026.
Departed
Ricardo Enrique Silva Canelon
Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary
On October 22, 2026, Ricardo Enrique Silva Canelon resigned as Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary, effective at 5:00 p.m. Eastern Time on October 22, 2026.
Effective at the same time, the Board increased the number of directors from two to three and appointed Mr. Marín Toro as a director to fill the resulting vacancy.
Materiality & sentiment trend
Max materiality 0.80
· Median 0.70
· Most common event m_and_a