Parkit Enterprise Inc. announced that Joel Dumaresq and David Mullen have both resigned from the company's board of directors effective May 29, 2018 in order to create vacancies for the appointment of two persons nominated by a group of the company's shareholders led by Leonite Capital LLC. Mr. Dumaresq has been a non-executive director of the ompany and a member of the Audit Committee since January 2015, and Chairman of the Board since May 2015. Joel played a key role in Parkit's development at critical points during his tenure. Mr. Mullen has been on the Board of the company since Spring 2015 and served on the Compensation Committee and Audit Committee of the company. Mr. Mullen's guidance proved invaluable as the company navigated through various transitions. On May 30, 2018, the Board appointed Avi Geller and David Delaney as directors of the company. Since 2017, Mr. Geller has served as Chief Investment Officer of Leonite Capital. Mr. Geller also serves as a director on the board of Dealflow Financial Products and as chairman of Axios Mobile Assets. Prior to thereto, Mr. Geller was Chief Operating Officer at FirstFire Capital. Mr. Delaney is the president of Concord Investment Partners. Prior thereto, Mr. Delaney spent five years working in real estate development as a managing director at Firm Capital. From 2007 to 2011, Mr. Delaney trained and practiced as an architect at the University of Toronto and Diamond and Schmitt Architects.