Leadership & Pay ·
Techlott Inc. Chairman Eldar Grady resigns; CFO Ron Mekler appointed to Board
LOTTTechlott Inc.
Techlott Inc. announced that Chairman and Executive Chairman Eldar Grady resigned from all board and officer roles under a termination agreement dated October 20, 2026. The agreement terminates his consulting contract, waives accrued fees of approximately $400,438 (with $18,830 applied to the purchase price), and cancels most equity rights while retaining 188.3 million shares for Grady's holding company, Talniri Ltd., subject to anti-dilution protection up to $5 million in new capital. Concurrently, Chief Financial Officer Ron Mekler was appointed as a director to fill the vacancy. The filing also notes that Techlott's common stock has been moved from the OTCQB Venture Market to the OTCID Basic Market due to bid price non-compliance and that the company is pursuing a reverse stock split and an increase in authorized shares to regain eligibility. Techlott Inc. operates in the technology sector, developing digital design platforms.