 On December 30, 2013 ZENN announces completion of the purchase of Series A preferred shares of EEStor (includes Kleiner Perkins Caufield & Byers shares and other private holders shares) and the associated rights for US$1.5 million which gives ZENN a total ownership of 41% in EEStor.On May 8, 2014 ZENN and EEStor complete an exchange offer which gives ZENN a total ownership of 71.3% in EEStor.Following the ZENN controlling ownership on May 19, Ian Clifford assumes role of CEO following the resignation of James Kofman.