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 (Date of earliest event reported): August 6, 2014
Health Revenue Assurance Holdings, Inc.
(Exact name of registrant as specified in its charter)
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Nevada
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333-173039
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99-0363866
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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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8551 W. Sunrise Boulevard, Suite 304
Plantation, Florida
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33322
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: 954-472-2340
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(Former name or former address if changed since last report.)
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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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.03 Bankruptcy or Receivership.
On August11, 2014 (the “Petition Date”), Health Revenue Assurance Associates, Inc. ( “HRAA”), the operating subsidiary of Health Revenue Assurance Holdings, Inc. (the “Company”), filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Florida (the “Bankruptcy Court”) seeking relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). The Chapter 11 case is being administered under Case No. 52-2322643. HRAA continues to operate its business as a “debtor-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 6, 2014, the Company, HRAA and Todd Willis, the Company’s Chief Executive Officer, entered into a new two-year Employment Agreement. In accordance with the Agreement, Mr. Willis will receive an annual base salary of $175,000. The base salary shall increase upon the Company meeting certain performance milestones.
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.
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HEALTH REVENUE ASSURANCE HOLDINGS, INC.
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Date: August 12, 2014
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By:
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/s/ Todd Willis
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Name:
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Todd Willis
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Title:
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Chief Executive Officer
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