Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 18, 2022, Thom Hazaert was appointed to the Company's Board of Directors. Mr Hazaert will serve as the Director of A&R for the Company's subsidiary, Seven Arts Music, as well as Chief Revenue Director for the Company and its subsidiary, Muse Media.

Prior to joining the Company, Mr. Hazaert has, over the past 30 years, been a Music Journalist, Record Producer, Label Executive, Radio Personality, Artist Manager and Talent Agent. His work includes marketing and management for many iconic Rock acts including Limp Bizkit, Staind, Def Leppard, Korn, Nine Inch Nails, Marilyn Manson, Papa Roach, and more. He has also been involved in marketing on major studio films and soundtracks including Saw 3, Stigmata, and Rock Star.

Mr. Hazaert's work was also influential in the early advent of viral marketing as an independent consultant for record labels including Warner Bros. Records, Flip Records, Interscope Records, Hollywood Records, and Jive Records.

More recently, Mr. Hazaert formed THC (Thom Hazaert Company) Films. Through THC Films, Mr. Hazaert began producing special features with Red Shirt Pictures for Shout!Factory. Hazaert was involved in production, with Red Shirt Pictures and Iron Alley Films, on special features for Wes Craven's The People Under The Stairs, Army of Darkness, Tales From the Crypt Demon Knight and Bordello of Blood.

In 2019, prior to departing as manager to long time business partner and Grammy winning former Megadeth bassist, David Ellefson, Mr. Hazaert was involved in the early development of the film Dwellers along with Ellefson and Director, Drew Fortier. Dwellers has gone on to win 11 awards in the horror film genre.

The Company believes Mr. Hazaert's experience and expertise will be instrumental in networking with major studios and streaming networks in execution of the Company's business plan.

© Edgar Online, source Glimpses