On May 30, 2014, the sole member of the board of directors of Avra Inc. David Bailey submitted a letter of resignation as President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary and Director of the Company to the Board. Mr. Bailey's resignation is effective immediately. On May 30, 2014, the Board approved the election of Stephen Shepherd as President, Chief Executive Officer, Chief Financial Officer, and Director of the company.

Also on May 30, 2014, the Board approved the election of Xiaojian Lu as Secretary and Chief Marketing Officer of the Company. Stephen Shepherd, age 35, has 15 years' experience with various financial institutions in the financial services sales & marketing industry. Xiaojian Lu, age 30, has, since June 2012, worked as the Technical Manager for Hangzhou Dianchuang Science and Technology Co.

Ltd. Prior to this Mr. Lu worked as a Technical Supervisor for Changhuatong Online Telephone Co. Ltd. from December 2009 to June 2012 and as a Division Manager for Hangzhou Youheng Internet Science Technology Co. Ltd. from May 2008 to December 2009.