SECURITIES AND EXCHANGE COMMISSION _________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) Date of Report (Date of earliest event reported): March 12, 2004 MPAC CORPORATION |
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NEVADA | 000-49951 | 91-2084507 |
(State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer |
incorporation or organization) |
| Identification Number) |
1302 Arbutus Street, Vancouver, British Columbia, V6J 3W8 (Address of Principal Administrative Offices) Registrant's Telephone Number, Including Area Code: (604) 736-7481 |
Item 1. Changes in Control of Registrant
NONE
Item 2. Acquisition or Disposition of Assets
NONE
Item 3. Bankruptcy or Receivership
NONE
Item 4. Changes in Registrant's Certifying Accountants
NONE
Item 5. Other Events and Regulation FD Disclosure
On March 12, 2004, the directors of MPAC Corporation voted to appoint to the board of directors, Dr. Peter Guest of Whistler, B.C. On this same day, Dr. Guest accepted the aforementioned position. Additionally on March 12, 2004 The Board of directors voted to appoint Dr. Peter Guest Chief Executive Officer of the Company. On this same day, Dr. Guest accepted the aforementioned position.
Grant of Incentive Options
On March12, 2004, MPAC's board of directors granted stock options to Dr. Peter Guest, a director of MPAC, Mr. Michael Laidlaw, a director of MPAC, Mr. David Uppal, a director of MPAC, and Mr. Adam Smith, a director of MPAC. Each option is exercisable at $.10 per share and expires March 12, 2009. Dr. Guest's option is for 2,000,000 shares of MPAC's common stock. Mr. Laidlaw's option is for 500,000 shares of MPAC's common stock. Mr. Uppal's option is for 500,000 shares of MPAC's common stock. Mr. Smith's is for 500,000 shares of MPAC's common stock. Each option agreement provides for registration rights on Form S-8 for the shares underlying such options.
Item 6. Resignation of Registrant's Directors
On March 12, MPAC Corporation accepted letters of resignation from the board of directors and as officers of the company from Mr. Paul Uppal . The resignation was offered for personal reasons and not for any disagreement with management of the company or its policies. The resigning director and the company part ways on good terms and with no outstanding issues, and the company expresses its appreciation for the contributions of Mr. Uppal.
Item 7. Financial Statements and Exhibits.
NONE
Item 8. Changes in Fiscal Year
NONE
Item 9. Regulation FD Disclosure
NONE
Item 10. Amendments to Registrant's Code of Ethics, or Waiver of the Provision of the Code of Ethics
NONE
Item 11. Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
NONE
Item 12. Results of Operations and Financial Condition.
NONE
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 thereunto duly authorized.
MPAC CORPORATION | ||||
Registrant | ||||
By: |
| /s/ Adam Smith | ||
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| Name: |
| Adam Smith |
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| Title: |
| Chief Executive Officer |
Dated: March 12, 2004
