UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of report (Date of earliest event reported): June 25, 2012
DEBT RESOLVE, INC.
(Exact Name of Registrant as Specified in Charter)
| Delaware | 1-33110 | 33-0889197 | ||
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(State or other jurisdiction
of incorporation)
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(Commission File
Number)
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(IRS Employer
Identification No.)
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| 150 White Plains Road, Suite 108 Tarrytown, New York | 10591-5521 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (914) 949-5500
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 DFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 40.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 40.13e-4(c))
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Current Report on Form 8-K
Debt Resolve, Inc.
June 25, 2012
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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Effective June 25, 2012, the Company eliminated the position held by David M. Rainey, the President and CFO of the Company. The elimination was the result of the Company’s continuing efforts to reduce its costs. The Chief Executive Officer of the Company, Michael J. Cassella, will now serve as the Acting Chief Financial Officer of the Company as well as Chief Executive Officer.
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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.
| DEBT RESOLVE, INC. | |||
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Date: July 2, 2012
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By:
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/s/ David Rainey | |
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David Rainey
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President and Chief Financial Officer
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