on December 23, 2016, WrapMail, Inc. received the resignation of Rolv Heggenhougen from his position on the WRAP Board of Directors and as an officer of the company. Mr. Heggenhougen's resignation was not the result of any disagreement with the company. Marco Alfonsi, the company's CEO, was appointed to serve as the company's interim chairman and CFO until replacements can be found.

On January 23, 2017, S. Neil Ford, Jr. was appointed to WRAP's Board of Directors, filling the vacancy left by Mr. Heggenhougen. Mr. Ford's appointment was a term of the Agreement but there was no other arrangement relating to his appointment.