Item 5.01, Changes in Control of Registrant
Effective January 31, 2021, Astutia Venture Capital AG acquired 8,000,000 of the
issued and outstanding common shares of Lake Forest Minerals Inc. ("we', "us",
"our", the "Company"). As a result of the transaction, Astutia Venture Capital
AG holds 72.7% of our outstanding voting securities. The shares were acquired
in a private transaction from Mr. Jeffrey Taylor using the purchaser's funds.
Mr. Taylor no longer holds any equity interest in our Company.
Item 5.02, Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Effective January 31, 2021, Mr. Taylor resigned as the President, Chief
Executive Officer, Chief Financial Officer, Treasurer and director of the
Company. Having consented to act as sole officer and director of the Company,
Larson Elmore was appointed to fill the ensuing vacancies.
Larson Elmore, President, Chief Executive Officer, Chief Financial Officer,
Secretary, Treasurer, and Sole Director.
Mr. Elmore is a seasoned professional, with a proven track record for
identifying companies with products and services with hidden potential, then
building an effective business model around them. Throughout his career he has
been instrumental in raising over $3 billion from professional and private
investors for a variety of projects.
He began his career in the Seminar and Education sector, working with prominent
leaders including Zig Ziglar, Paul Harvey, Art Linkletter and other pioneers in
media, management and marketing. Over the years he has been involved in property
development, managing a personal portfolio over $100 million while working on
large scale projects, consulting for RBC Mortgage Group, securing a $43 million
dollar commitment for the construction of Home Depot's 250,000 square foot
National Headquarters in Atlanta, and a $2.4 billion casino resort project in
Mississippi. He also founded a direct response telecommunications firm utilizing
AT&T and MCI WorldCom billing systems to generate revenue.
For the last 20 years Larson has focused on the formation of concept-centric
ventures around emerging market sectors, renewable energy, pharmaceuticals and
real estate. He is currently serving on several public boards. His broad-based
knowledge of various disciplines, along with his high-level contacts in multiple
industries facilitate his ability to organize the resources and high-quality
leadership necessary to implement these strategies.
He earned his BA degree from Johnson University in Knoxville, Tennessee, where
he received its Outstanding Speaker Award and has completed coursework towards a
Masters and PhD in Speech and Communications at Lincoln University, Indiana
University, and Hebrew Union in Jerusalem.
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