Video River Networks, Inc. announced that as a result of the Securities Sales Agreement, all the former officers of company resigned their appointments. The company has appointed Mr. Frank I Igwealor as the company's Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors effective October 29, 2019. Mr. Igwealor and Ms. Patience C Ogbozor have also been elected as new directors of the company.

The changes to the board of directors of the company will not be effective until at least ten days after an Information Statement is mailed or delivered to all of the company's shareholders in compliance with Section 14(f) of the Securities Exchange Act of 1934, as amended, and Rule 14f-1 thereunder. On October 29, 2019, the company announced certain officer changes that will be effective immediately. Mr. Frank I Igwealor, JD, CPA, CMA, CFM was elected the President and Company Secretary of the company.