, 34 years of age , is CIRUS TELECOM INC's
only director.Mr. Hromyk has served in this capacity with CIRUS TELECOM INC during the period August 26 , 1997 through September 30 , 1997 and since October 7 , 1999
.Mr. Hromyk is also CIRUS TELECOM INC's sole officer , holding the positions of President , Secretary and Treasurer since October 7 , 1999
.Mr. Hromyk will resign as director and officer of CIRUS TELECOM INC upon the appointment of new directors
.Since November 1993 , Mr. Hromyk has been the President of Century Capital Management Ltd. , a financial and business consulting firm located in Vancouver , British Columbia
.From 1984 through 1989 , Mr. Hromyk studied Economics at the University of Hawaii and the University of British Columbia
.During the past five years , Mr. Hromyk has held positions from time to time in various other public and private companies
.These companies have been engaged in a variety of industries including , telecommunications , software development , environmental remediation , natural resource exploration , cleaning supplies distribution and entertainment.Some of Mr. Hromyk's positions were also in holding companies.In each of these companies , Mr. Hromyk has served as director and provided financial direction and strategic guidance
.APPOINTMENT OF NEW DIRECTORSThe Agreement and Plan of Merger provides that , subject to compliance with applicable law , the current director of CIRUS TELECOM INC
will resign after appointing Messrs.Bahadoorsingh and Syed as members of the Board of Directors.CIRUS TELECOM INC
will take all action necessary to cause Messrs.Bahadoorsingh and Syed to be appointed to the Board of Directors , including , without limitation , seeking and accepting resignations of the incumbent director.Set forth below is certain information with respect to Messrs.
controlled by Mr. Hromyk
has provided administrative services and facilities to CIRUS TELECOM INC
for nil consideration and has paid expenses on behalf of CIRUS TELECOM INC.
.The amount due to this company is without interest or stated terms of repayment.SECTION 16 ( A ) BENEFICIAL OWNERSHIP REPORTING COMPLIANCESection 16 ( a ) of the Exchange Act requires CIRUS TELECOM INC's executive officers and directors and persons who own more than 10% of a registered class of CIRUS TELECOM INC's equity securities to file reports of their ownership thereof and changes in that ownership with the Securities and Exchange Commission
and the National Association of Securities Dealers , Inc.
.Executive officers , directors and greater than 10% stockholders are required by SEC regulations to furnish CIRUS TELECOM INC
with copies of all such reports they file.Based solely upon its review of copies of such forms received by it , or on written representations from certain reporting persons that other filings were required for such persons , CIRUS TELECOM INC
believes that , during the year ended September 30 , 2000 , its executive officers , directors and 10% stockholders complied with all applicable Section 16 ( a ) filing requirements.