Supplement filed pursuant to Rule 253(g)(2)
File No. 024-11472
SUPPLEMENT NO. 1 DATED JANUARY 28, 2022
TO OFFERING CIRCULAR DATED APRIL 6, 2021
Melody Do Corporation.
12020 Sunrise Valley Dr.,
Reston, VA 20191 USA
This document supplements, and should be read in conjunction with, the Offering Circular dated April 6, 2021, of Melody Do Corporation. (the “Company”). Unless otherwise defined in this supplement, capitalized terms used in this supplement shall have the same meanings as set forth in the Offering Circular.
The purpose of this supplement is to disclose:
| • | Updated information regarding the ownership control of the Company. The board of Melody Do Corporation unanimously approved a resolution by consent to sell the 90 million shares controlling equity stake of Melody do Corporation to Mr. Subramanya (Subbu) Jois. |
| • | Updated information regarding the membership of the board of directors of the Company. The board of Melody Do Corporation unanimously approved the resolution to appoint Mr. Subramanya Jois and Mr. Sharadh Jois to the board of directors. |
| • | Updated information regarding the officers and the company secretary. The board of Melody Do Corporation unanimously approved a resolution to appoint Mr. Subramanya Jois and Mr. Sharadh Jois officers to Melody do Corporation. |
The following information replaces the information under “Executive Officers and Directors” in the section titled “DIRECTORS, EXECUTIVE OFFICERS, AND SIGNIFICANT EMPLOYEES” on pages 23 and 24 and “SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT” on page 27 of the Offering Circular form FORM 1-A/A filed on April 6th, 2021.
DIRECTORS, EXECUTIVE OFFICERS, AND SIGNIFICANT EMPLOYEES
As of the date of this offering circular, the executive officers and directors of the company and their positions are as follows:
Executive Officers and Directors
Subramanya Jois,
Chairman, CEO and Acting CFO
Melody Do Corporation
Mr. Subramanya Jois has been led strategic technology leadership in start-up having built products across verticals over 32 years with a few exits. Subramanya Jois has dedicated his time to build Aurigraph since 2015. Among his other expertise are :
•Conceived and Built Aurigraph, Mining-less Platform, protocol, with Realtime Reconciliation and Audit, achieving consensus in under500 ms and super scalability and throughput in excess of 100000 TPS, overcoming limitations in Blockchain and DAGs to make way for Edge computing
•Architect for first DLT based Open Banking solution and Legal Process Automation using Ricardian Smart contracts
•Expertise on Digital Identity, Interest and Intent Capture to build Personalization on Technology platforms using Neural Networks
•Realtime Analytics using Graph Data and Machine Learning to deliver High availability Platforms
•Built and rolled the first ever e-governance in village panchayath, 1998-2006 and recognized by UN-ESCAP
•Guest lectured on New Product Development at IIM-B NSR cell, Bangalore, SP Jain GIM, Mumbai, and University of Witwatersrand, Johannesburg
•Part of IEEE Standards working groups in software engineering. Helped define four software engineering standards
•Has Filed patents in In-Store consumer analytics, DLTs on Aurigraph and Distributed application in fintech, supply chain and legal process applications
Sharadh Jois
Board of Directors
Sharadh has a passion for science and engineering. He is a thoroughbred nanoscale engineer - he received his B.S in 2016 and M.S. in 2018 from the College of Nanoscale Science and Engineering at SUNY Polytechnic Institute in Albany, NY.
He believes that a DLT solution like Aurigraph can rapidly improve the track and trace problems in semiconductor manufacturing. A typical large semiconductor manufacturer makes over a million wafers containing computer chips with billions of nanoscale transistors that go through thousands of processes steps, making failure analysis a very big challenge.
He's is expected to complete his PhD in Nanoscale Engineering by the end of 2022, during which he has explored the world of 2D materials to make next generation devices for computing.
Kannanthodath Mohan,
Corporate Secretary
Mohan is a global professional experienced in digital transformation, entrepreneurship, business development, mergers & acquisitions and human resources management.
He started his career working with Tata Consultancy Services for a decade before moving on to answer his entrepreneurial calling by starting his own ventures for 12 years. As an entrepreneur, he had his fair share of success in selling a company and bitter loss when the much beloved product company failed. His journey for the past two decades on both sides gives him a well-balanced yin-yang perspective that he shares in his modus operandi.
Over the last five years he has been a part of the Kelton Tech Solutions Inc, an award-winning IT Services company based out of Reston, VA, where he strategizes digitally accelerated business outcomes for customers.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The percentages below are calculated based on 105,068,500 shares of our common stock issued and outstanding as of January 28th, 2022. We do not have any outstanding warrant, options, or other securities exercisable for or convertible into shares of our common stock.
Title of class | | Name and address of beneficial owner (2) | | Number of shares owned beneficially | | Percent of common stock owned (1) | |
Common Stock | | Subramanya Jois (3) | | | 90,000,000 | 85.72% | | |
Common Stock | | Other Shareholders | | | 9,685,000 | 9.14% | | |
Common Stock | | Public Shareholders | | | 5,383,500 | 5.12% | | |
| | | | | | | | |
Total | | | | | 105,068,500 | 100% | | |
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(1) | The percentages are based on 105,068,500 shares of our common stock issued and outstanding as the date of this prospectus. |
(2) | c/o 12020 Sunrise Valley Dr, Reston, VA 20191 USA. |
(3) | Appointed President, Chief Executive Officer and Chief Financial Officer on January 28, 2022 . |