Keith Flett, founder and CEO of Open Ocean Trading, an online seafood auction website, has stepped down from his role at the company.

The news comes just days after Open Ocean agreed to partner with Aikido Bay to help provide market stability, transparency and communication between Canadian and US lobster buyers and sellers.

Flett told IntraFish the move is completely unrelated, citing a disagreement with the company's investor as the reason.

“My decision to step down had nothing to do with theprojects or the partnerships we created or any of the perceived projections,” he said, "It was a mutual agreement between myself and the investor."

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