UNITED STATES FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the |
Date of Report: September 17, 2014 | ||
DigitalTown, Inc. | ||
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MN | 000-27225 | 411427445 |
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11974 Portland Ave, Burnsville |
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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))
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.
The Board of Directors announced that Linda Thrasher will be resigning her position as Chief Executive Officer and from the board of directors, effective September 17, 2014. Paul Gramstad will be resigning his position as Chief Financial Officer, effective September 17, 2014. Management is unaware of any disagreements between Ms. Thrasher, Mr. Gramstad and management relating to the registrants operations, policies or practices.
The Company has provided a copy of the disclosures it is making herein to Ms. Thrasher and Mr. Gramstad, and provided them with an opportunity to furnish the registrant as promptly as possible with a letter addressed to the registrant stating whether they agree with the statements made by the registrant in response to this Item 5.02, and, if not, stating the respects in which they do not agree. The Company will file any letter received as an exhibit to an amended 8K.
The Board of Directors appointed Richard Pomije as President, CEO and CFO of the Company, effective September 17, 2014. There have been no transactions between Mr. Pomije and the Registrant during the prior fiscal year which would be required to be reported pursuant to Item 404(a) of Regulation S-K that have not already been reported on Form 10-K.
Following is a brief description of Mr. Pomijes business experience:
Mr. Pomije has been with DigitalTown, Inc. since 1982 and his primary responsibilities include overall strategic planning, and has held both CEO and CFO positions before. Mr. Pomije holds a degree in Communication Technology, Audio Technology and Technical Services from Brown Institute. Mr. Pomije also received a First Class FCC license with radar endorsement.
SIGNATURES
Dated: September 19, 2014 | DIGITALTOWN, INC By: /s/ Richard Pomije_________ |
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