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): October 19, 2010
Spectral Capital Corporation
(Exact name of registrant as specified in its charter)
| Nevada | 000-50274 | 510520296 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| 701 Fifth Avenue, Suite 4200, Seattle, WA | 98104 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (888)366-6115
formerly FUSA Capital Corporation ___________________________________________________ (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 (17CFR 230.425) |
| | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| [ ] | 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)) |
SECTION 1 – Registrant's Business and Operations
| Item 1.01 | Entry into a Material Definitive Agreement |
On October 19, 2010, Spectral Capital Corporation (the "Company") adopted through its board of directors the Spectral Capital Corporation 2010 Stock Option and Award Plan. The plan provides for the issuance of up to 10,000,000 shares of common stock of the Company for employees, consultants, directors and advisors. The Company has filed a copy of the plan as an Exhibit to this Form 8K.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
Exhibit 1.01 Spectral Capital Corporation 2010 Stock Option and Award Plan dated October 19, 2010.
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.
Spectral Capital Corporation
/s/ Jenifer Osterwalder
Jenifer Osterwalder
President, Principal Executive Officer, Principal Financial Officer
Date: October 19, 2010
