On February 11, 2015, the board of directors of Cloud Security Corporation accepted Ira Lebovic's resignation as a member of the board and Safa Movassaghi's resignation from all officer positions held with the company. Mr. Movassaghi remains with the company as a consultant and will remain as a member of the board at this time. Mr. Movassaghi, as the sole remaining member of the board, appointed Sam (Ning) Liu, Michael Dunn, Derek Yu, Zhen Mu and Jie Lai as members of the board, effective immediately, by unanimous written consent dated February 11, 2015.

In addition, the board appointed Sam (Ning) Liu as the president and chief executive officer of the company, Derek Yu as the chief financial officer of the company and Zhen Mu as the secretary. Mr. Sam (Ning) Liu, 53, who is originally from Fuzhou, Fujian, China, is a businessman, investor and philanthropist. Sam Liu is the founder and serves as the President of American International Cultural Exchange Foundation in Los Angeles, California.

Since 2010, Mr. Yu has been working as the chief financial officer for AICEF in Los Angeles, California. Ms. Zhen Mu, 20, has worked as secretary of AICEF since 2014.