On February 6, 2015, High Desert Assets, Inc. entered into stock purchase agreements with two U.S. accredited investors, Scott C. Kline and Jose A. Capote, the Secretary and Chief Technical Officer of the company, respectively, and two foreign investors, including Rock Capital Limited, the new majority owner of the company, pursuant to which the company issued an aggregate of 17,554,672 shares of common stock, or approximately 42.7% of the issued and outstanding common stock of the company, at an aggregate purchase price of approximately $17,554. Effective February 6, 2015, Lin Kok Peng and Allister Lim Wee Sing were appointed as members of the board of directors. Effective February 6, 2015, Lin Kok Peng was appointed Chief Executive Officer and Chief Financial Officer of the company, Scott C. Kline was appointed Secretary of the company, and Jose A. Capote was appointed Chief Technical Officer of the company.

The company may hire additional officers in the near future. Dr. Lin is currently the Managing Director of New Asia Holdings Limited (since 2014), Director of Goldin Shipping Pte Ltd. (since 2012), Managing Director of Klin Capital Resources Pte Ltd. (since 2012), Managing Director of FSI Investment Holdings Pte Ltd. (since 2011), Managing Director of Free Space Intent Pte Ltd. (since 2009) and Managing Director of FS Intent Pte Ltd. (since 2006). Since 2005, Mr. Lim has been the Principal Partner of the law firm of Allister Lim & Thrumurgan, Singapore.

Since January 2013, Mr. Kline has been the Principle of Kline Law Group, PC. During 2014, Mr. Kline was a Founding Partner of CKR Law LLP. Mr. Capote is currently responsible for the implementation & management of Large Scale Waste to Energy projects in S.E. Asia (Malaysia, Thailand), including MSW Waste to Energy, Medical Waste to Energy, Palm Oil Waste to Energy and Natural Fibres.

In addition, on the closing date, Alan Smith, the sole officer and director of the company, submitted his resignation from all executive officer positions with the company, including Chief Executive Officer and President, effective immediately, and as a member of the board, which resignation shall become effective on the 10th day following the mailing of this information statement to the stockholders of the company.