On November 10, 2015, Solarflex Corp. and International Executive Consulting SPRL entered into an Asset Purchase Rescission Agreement together with Mr. Edwin Witarsa Ng, a resident of Indonesia. On November 15, 2015, Solarflex Corp.

appointed Mr. Ng as a director in the position of Chairman, joining Mr. Sergei Rogov, the company's CEO and CFO, as the second member of the Board of Directors.