- Current report filing (8-K)
06 April 2009 - 10:54PM
Edgar (US Regulatory)
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):
March 31, 2008
Bald
Eagle Energy Inc.
(Exact
Name of Registrant as Specified in its Charter)
|
Nevada
|
000-52565
|
72-1619354
|
|
(State
of Incorporation)
|
(Commission
File Number)
|
(IRS
employer identification no.)
|
21
Waterway
Avenue,
The Woodlands,
Texas
77380
(Address
of Principal Executive Offices)
Registrant’s
Telephone Number, Including Area Code:
(281) 362-2821
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))
ITEM
5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On March
31, 2009, Bald Eagle Energy Inc. (“BEEI”) accepted the resignation of Andrew S.
Harper from its Board of Directors and as the President and Chief Executive
Officer of BEEI. To the knowledge of BEEI’s executive officers, Mr.
Harper’s resignation was not due to any disagreement with BEEI’s operations,
policies or practices. Alvaro Vollmers, the sole remaining director
of BEEI, appointed himself to serve as the President and Chief Executive Officer
on an interim basis, effective immediately. Mr. Vollmers was serving
as the interim Chief Financial Officer of BEEI immediately prior to Mr. Harper’s
resignation, and he will continue serving in all of those roles until the
company has the resources to employ someone in one or more of those roles on a
full-time basis. If Mr. Harper is available when the company’s
finances and operating condition justify retaining a full-time chief executive,
BEEI intends to pursue a mutually acceptable arrangement with Mr. Harper that
would allow him to return to that role on a full-time
basis. Following the termination of his employment, Mr. Harper is
being paid $5,000 per month for the next ten months as payment for amounts
previously owed to him.
After Mr.
Harper’s resignation was accepted, Mr. Harper and BEEI entered into an
Independent Contractor Agreement dated April 1, 2009, which provides for him to
deliver executive management services to BEEI from time to time in the role as a
Chief Operating Officer of the company. The agreement has an initial
term that ends on December 31, 2009, and it will renew for consecutive 90 day
periods until it is terminated upon Mr. Harper’s death or disability or upon
notice from either party delivered at least 30 days prior to the end of the
initial or any renewal term. Mr. Harper will be engaged as an
independent contractor and will report to the President of BEEI. BEEI
is under no obligation to use Mr. Harper’s services for any minimum number of
hours per week. In exchange for his services, Mr. Harper will be paid
a monthly fee of $2,000, plus $160 per hour for each hour he works in excess of
16 hours during the calendar month. BEEI will reimburse Mr. Harper
for any mutually agreed and budgeted expenses or costs that he incurs on behalf
of BEEI.
The Board
of Directors of BEEI also approved reducing the number of directors on the board
to one, in accordance with the bylaws of BEEI. The sole director of
BEEI will be Mr. Vollmers.
SIGNATURE
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.
|
Date:
April 6, 2009
|
BALD EAGLE ENERGY,
INC.
|
|
|
|
|
|
|
|
|
By:
|
/s/ Alvaro
Vollmers
|
|
|
|
|
President,
CEO and CFO
|
|
Bald Eagle Energy (CE) (USOTC:BEEI)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Bald Eagle Energy (CE) (USOTC:BEEI)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
