Effective December 26, 2018, Lim Yew Seng resigned as a member of the Board of Directors of the Moxian, Inc. On December 19, 2018, Moxian, Inc. received a letter from The Nasdaq Stock Market notifying the company of the Nasdaq Staff's determination that the company no longer complies with Nasdaq's independent director and audit committee requirements as set forth in Listing Rule 5605 due to the resignation of Sun Cai Di from the Board of Directors of the company, effective November 18, 2018. With Ms. Sun's departure, the audit committee no longer has three members or an audit committee financial expert. The company is currently seeking new qualified directors to serve on the board and audit committee and will also consider appointing non-independent directors to serve on committees for the exceptional and limited circumstances permitted by NASDAQ rules.