SHANGHAI, February 29, 2020 - Sky Century Investment Inc. (OTC: SKYI) is a Shanghai-based development-stage company incorporated in Nevada and announcing new management and the latest business plans subsequent.
Departure of Director and Officer; Appointment of Director and Officer
On January 10, 2020, the company's previous sole director and officer, Mr. Kamo Toneryan, resigned from his position as officer and director of the company. Mr. Khamijon Alimzhanov was appointed as the company's new director, President and Chief Executive Officer. Mr. Alimzhanov is currently working with the company under a verbal contract and is not remunerated, although the company intends to enter into a written contract containing compensation for Mr. Alimzhanov in the near future. Mr. Alimzhanov is not a shareholder of the company. Please see the company's most recent quarterly disclosure report filed with the OTC for information on the beneficial ownership of the company's shares by control persons and management.
New Business Direction
In connection with the company's change of management, the company decided to engage in a new direction connected with IT development. On February 29, 2020, the Company purchased Cannabis News LLC with Cannabis News Application. This asset allows Sky Century Investment to move into the IT area of development. Cannabis News is an application that enables users to gather and get acquainted to all of the cannabis related news from various sources over the Internet. It is also possible to create personal news feed consisting only of the sources of users’ choice.
For more info on Sky Century Investment, please visit our website at www.skygcbd.com.
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