Income Opportunity Realty Investors, Inc. announce that effective August 14, 2020, Daniel J. Moos President of the company, ceased to be and resigned as President, as well as all positions with any subsidiary entities. Mr. Moos noted that his resignation is not the result of any disagreement with the company, its management, the Board of Directors or any committee of the Board with respect to procedures, policies or operations of the Issuer.