DubLi, Inc. (otc pink:DUBL), a global Cashback rewards and value-based travel, shopping and entertainment platform, today announced the appointment of six new Directors and a new Chairman of the Board. The new appointments made by DubLi’s majority shareholder expand the Board to seven members, of which five will be independent Directors.
The new Board will be seated approximately 20 calendar days after mailing of information statement to all stockholders in accordance with SEC regulations. Also, the Company is changing its corporate name from DubLi, Inc. to Ominto, Inc.
“I am pleased to announce the appointment of a world class board of seasoned leaders to support our global business plans,” said Michael Hansen, DubLi’s President and Chief Executive Officer and majority shareholder. “The new board brings together highly complementary skill sets of strategic capital