UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: April 22, 2012
LATITUDE SOLUTIONS, INC.
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(Exact name of registrant as specified in its charter)
Nevada 000-54194 26-1284382
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(State or other jurisdiction of (Commission File (IRS Employer Identification
incorporation) Number) Number)
2595 NW BOCA RATON BLVD., SUITE 100, BOCA RATON, FL 33431
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(Address of Principal Executive Offices) (Zip Code)
(561)417-0644
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Registrant's telephone number, including area code
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(Former name or former address, if changed since last report)
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:
[ ] 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)
SECTION 5 - CORPORATE GOVERANCE
ITEM 5.02 - DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
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DEPARTURE OF DIRECTOR
On April 22, 2012, Harvey Kaye resigned from the Board of Directors of Latitude
Solutions, Inc. ("the Company"). Mr. Kaye resigned as a Chief Executive Officer
of the Company on January 18, 2012.
As part of his resignation, Mr. Kaye and the Company entered into a Confidential
Separation Agreement Share Recapture and General Release of Claims ("the
Agreement"). As part of such Agreement, Mr. Kaye has agreed to return 1,750,000
shares of the Company's common stock held by him to the Company for
cancellation. In addition, the Company has agreed to pay a $10,417 per month
severance payment to Mr. Kaye through September 30, 2012.
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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.
LATITUDE SOLUTIONS, INC.
By: /s/ Matthew J. Cohen
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Matthew J. Cohen, Chief Financial Officer
Date: May 1, 2012
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