On December 12, 2014, Ms. Petra Grimm provided notice that she was resigning from her position as the Chief Financial Officer of FlikMedia Inc., effective immediately. There were no disagreements between Ms. Grimm and the company on any matter relating to the company's operations, policies or practices, that resulted in her resignation. On December 18, 2014, the Board of Directors of the company appointed Mr. David R. Wells, to serve as the company's Interim Chief Financial Officer.

David R. Wells founded DRW Consulting Inc. (now StoryCorp Consulting dba Wells Compliance Group) in 2007, which provides services to small growing public companies. From December 2009 to March 2013 he was the President and Chief Financial Officer of Sionix Corporation and he served on the board of directors. Mr. Wells possesses over 20 years experience in finance, operations and administrative positions.

While mainly focused on technology companies, he has also worked in supply-chain management, manufacturing and the professional services industry. He has experience working with auditors and regulatory agencies to rapidly address non-conforming situations and assisting companies who desire to increase their internal controls. The company intends to enter into an employment agreement with Mr. Wells pursuant to which he will serve as Interim Chief Financial Officer for a term of approximately 24 months, ending on December 31, 2016.