Monitor for announcement of a permanent CEO replacement. The lack of severance and mutual release suggest a clean break, but the absence of a named successor introduces leadership uncertainty for a micro-cap OTC stock.
Price Chart
Executive Summary
CEO Dr. Ahmad Moradi resigned effective May 7, 2026, with no severance or benefits beyond accrued salary and expenses. The resignation was not due to any disagreement with the company. President Chiyuan Deng signed the filing, but no permanent replacement CEO was named.
Key Facts
- CEO Dr. Ahmad Moradi resigned effective May 7, 2026
- Resignation was not due to any disagreement with the company
- No severance, accelerated equity, consulting fees, or benefits continuation
- Only accrued but unpaid base salary, pro-rated remote-work stipend, and approved unreimbursed expenses paid
- Mutual release of claims including ADEA
- President Chiyuan Deng signed the filing; no permanent replacement CEO announced
Financial Impact
Only accrued but unpaid base salary, pro-rated remote-work stipend, and approved unreimbursed business expenses through May 7, 2026 — amounts not specified in filing
Risk Factors
- Leadership vacuum with no permanent CEO named
- Micro-cap OTC stock with limited liquidity and high volatility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001663577-26-000136 |
| Exhibit: ex10_1.htm | 0001663577-26-000136 |
| Document: 0001663577-26-000136-index-headers.html | 0001663577-26-000136 |
| Document: 0001663577-26-000136-index.html | 0001663577-26-000136 |
| Document: 0001663577-26-000136.txt | 0001663577-26-000136 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 17, 2026 14w ago | 8-K | $0.5410 $0.4986 | ▼ −7.84% | ▼ −7.25% | $0.0187 (−96.54%) |
Jun 15, 2026 19w ago | 8-K | $1.00 $1.09 | ▲ +9.00% | ▲ +11.62% | $0.0187 (−98.13%) |
Jun 9, 2026 19w ago | 8-K | $1.00 $1.05 | ▼ −5.00% | ▼ −2.86% | $0.0187 (+98.13%) |
May 11, 2026 24w ago | 8-K | $1.12 $0.9999 | ▼ −10.72% | ▼ −10.64% | $0.0187 (−98.33%) |
Apr 30, 2026 25w ago | 8-K | $1.20 $0.9400 | ▲ +21.67% | ▲ +23.39% | $0.0187 (+98.44%) |
Apr 20, 2026 27w ago | 8-K | $0.8240 $1.09 | ▲ +32.28% | ▲ +31.20% | $0.0187 (−97.73%) |
Apr 7, 2026 28w ago | 8-K | $0.2412 $0.2100 | ▼ −12.94% | ▼ −18.26% | $0.0187 (−92.25%) |
Apr 3, 2026 29w ago | EFFECT | $0.2412 $0.2100 | ▲ +12.94% | ▲ +17.07% | $0.0187 (+92.25%) |
Mar 23, 2026 31w ago | S-1 | $0.4240 $0.2800 | ▲ +33.96% | ▲ +33.54% | $0.0187 (+95.59%) |
Feb 24, 2026 34w ago | 8-K | $0.2700 $0.3200 | ▼ −18.52% | ▼ −19.55% | $0.0187 (+93.07%) |
US Market Status
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