Item 5.01 Change in Control of Registrant.
On October 21, 2019, Giant Consulting Services, LLC, the largest
controlling shareholder of Fast Lane Holdings, Inc., consummated a sale of 60,000,000 shares of our restricted common stock and
2,550 shares of preferred stock to Lykato Group, LLC, an accredited investor, for an aggregate purchase price of three hundred
and twenty-five thousand dollars ($325,000). Following the closing of the share purchase transaction, Lykato Group, LLC owns approximately
82.25% interest in the issued and outstanding shares of our common stock. Lykato Group, LLC is now the largest controlling shareholder
of Fast Lane Holdings, Inc.
The foregoing description of the Agreement does not purport to be
complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as Exhibit 10.1 to this
Current Report on Form 8-K and is incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain officers; Compensatory Arrangements of Certain Officers.
On October 21, 2019, Mr. Paul Moody resigned as our Chief Executive
Officer, Chief Financial Officer, President, Secretary, Treasurer, and Director, such resignation of which is to be effective ten
days after the filing and mailing of an Information Statement required by Rule 14f-1 under the Securities Exchange Act of 1934,
as amended. The resignation was not the result of any disagreement with us on any matter relating to our operations, policies or
practices.
On October 21, 2019, Mr. James Xilas was appointed as Chief
Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and Director and to hold such office ten days after
the filing and mailing of an Information Statement required by Rule 14f-1 under the Securities Exchange Act of 1934, as amended.
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Mr. James Xilas, Age 58, Chief Executive Officer, Chief Financial
Officer, President, Secretary, Treasurer, and Director
Background of Mr. James Xilas:
Mr. Xilas graduated from West Virginia University
in 1989 with a Bachelor of Arts with a concentration in mathematics and sciences. Mr. Xilas was also a member of the Golden Key
National Honor Society and a Sphinx Senior Honorary. Beginning in 2002, Mr. Xilas has been an investor in the securities markets,
including various micro and small cap companies. From May 2004 to December 2006, Mr. Xilas owned and operated a small boutique
broker-dealer in Florida and Pennsylvania, Salix Capital Securities Corp., where he held the Series 4, 7, 24, 27, and 63 securities
licenses. Since 2014, James Xilas has been an investor in currencies and cryptocurrencies. In September 2018, Mr. Xilas began an
affiliation with Epic Corporation, a Colorado corporation, as an officer and director. During Mr. Xilas’ tenure, the office
was moved to Florida where Mr. Xilas was responsible for determining and implementing strategies. In February of 2019, Mr. Xilas
resigned his positions from Epic Corporation.
As of the date of this filing, there has not been any material
plan, contract or arrangement (whether or not written) to which any of our officers or directors are a party in connection with
their appointments at Fast Lane Holdings, Inc.