Effective January 28, 2016, Broke Out Inc. accepted the resignations of Jason Draper as the President, Chief Executive Officer, and member of the company's Board of Directors, and of Sarah Burgin as the Chief Financial Officer, Secretary, Treasurer and member of the company's Board of Directors. Simultaneously, Mr. Chan Set Kuan was elected as the company's Chief Executive Officer and Chief Financial Officer, and as the sole member of the company's Board of Directors. Mr. Chan Set Kuan has served as the Executive Sales Manager of IOL Group KL Division since 2010.