On December 19, 2018, Moregain Pictures, Inc. entered into a voluntary share exchange and merger transaction with Sceneries Entertainment Corp. Upon the Closing, the company shall change its name and ticker symbol to reflect the Company’s new business. The Exchange Agreement provides that upon the Closing, Mr. Philippe Diaz and Ms. Ali Yang shall be appointed to serve as members of the Board of Directors. Additionally, Diaz shall be appointed as President - Head of Production and Distribution, in charge of production, distribution, theater cooperation, and film and media acquisitions; and Yang shall be appointed as President- Head of International Affairs, both serving at the direction of the Board of Directors of the Company.