SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
November, 21st 2013
Date of Report (Date of earliest event reported)
of registrant as specified in its charter)
|(State or other jurisdiction of incorporation)
||(Commission File Number)
||(IRS Employer Identification No.)|
Panama city, Panama 0833-00321
principal executive offices) (Zip Code)
Registrant's telephone number, including area code
or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(a) Effective November 21, 2013, the Issuers Chief Executive
Officer appointed Herminder Rai as the Company's Vice Chairman to serve until the company's next annual meeting of stockholders.
The appointment of Herminder Rai as the Company's Vice Chairman was not based on any prior understanding or arrangement.
(b) Effective November 21, 2013, the Issuers Chief Executive
Officer appointed Adrian Towning as the Company's Chief Financial Officer to serve until the company's next annual meeting of stockholders.
The appointment of Adrian Towning as the Company's Chief Financial Officer was not based on any prior understanding or arrangement.
Mr. Towning has over 35 years business experience.
As a result Management will consist of 5 (five) as follows;
Chairman of the Board/Director
Chief Executive Officer/Director
Chief Financial Officer
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant caused this re port to be signed on its behalf by the undersigned thereunto duly authorized.
November 25, 2013
By: /s/ Rene Hamouth
Name: Rene Hamouth
Title: Chief Executive Officer