UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K/A
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
|
March
10, 2010
|
Date of
Report (Date of earliest event reported)
|
WECOSIGN,
INC.
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(Exact
name of registrant as specified in its charter)
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California
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333-160570
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26-1476002
|
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(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
|
3400
West MacArthur Blvd, Suite I, Santa Ana,
CA 92704
|
(Address of principal executive offices)
(Zip Code)
Registrant’s
telephone number, including area code: (714) 556-6800
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Registrant under any of the following
provisions (see General Instruction A.2. below):
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
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Item
5.02 Departure
of Directors or Principal Officers
On March
10, 2010, WECOSIGN, Inc., a California corporation (the “Company”) and Joseph
Bennington mutually agreed to end their employment relationship. Mr.
Bennington served as the Company’s Chief Financial Officer. Mr.
Bennington’s departure is not due to any disagreement with the Company on any
matter relating to the Company’s operations, policies or practices.
The Board of Directors of the Company
have elected Jeff Padilla, pursuant to unanimous written consent, to act as the
Chief Financial Officer on a continuous basis or until the next annual meeting
of the Board of Directors or until his successor is elected.
Mr. Padilla, 42 years old, has over
fifteen years of accounting experience including internal audit, public
accounting, and general accounting. His industry experience includes
finance, manufacturing, technology and local government.
Mr. Padilla had previously served as
the Chief Finical Officer of the Company. However, since that time, he has not
previously held any other positions with the Company. Mr. Padilla is
the brother of Carlos Padilla III, the Chief Information Officer of the
Company. Other than Carlos Padilla III, Jeff Padilla has no other
family relationships with any director or executive officer of the Company, or
persons nominated or chosen by the Company to become directors or executive
officers.
In April 2009, the Company issued an
aggregate of 20,000 shares of our common stock, valued at $5,000 to Carlos
Padilla Jr. in full payment for the loan he tendered to us in April
2009. Carlos Padilla Jr. is the father of Carlos Padilla III and Jeff
Padilla. Other than the aforementioned transaction, there have been no related
party transactions between Mr .Padilla and or the Company.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| Date: March 12, 2010 | WECOSIGN, INC. | |||
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/s/
Frank Jakubaitis
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|||
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Frank
Jakubaitis, CEO
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