PowerBand Solutions announces results of Annual General, Special Meeting

PowerBand Solutions announced the results of voting at its Annual General and Special Meeting of Shareholders held virtually on Wednesday, September 18, 2024. Shareholders voted in favour of all items put forward by the Board of Directors and management, namely: The number of Directors was set at five. The elected Directors of the Company are: Jeff A. Morgan; J. Bryan Hunt Jr.; Shibu Abraham; Steven Lee; Kris Gaerlan. HDCPA Professional Corporation has been appointed as the Company’s auditor. The 2024 Incentive Stock Option Plan was approved by disinterested shareholders, reserving for issuance up to 89,933,091 common shares of the Company. The 2024 Restricted Share Unit Plan was approved by disinterested shareholders, reserving for issuance a maximum of 30,000,000 common shares of the Company, an amount that is included in the 89,933,091 common shares reserved in the 2024 Incentive Stock Option Plan. Disinterested shareholders passed a special resolution approving a name change of the Company from “Powerband Solutions Inc.” to “Ameritrust Financial Technologies Inc.”