55 S.E 2nd Ave Delray Beach, FL. 33444
(Address of principal executive offices)
Registrant's telephone number, including area code: 617-504-3635
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(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
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
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.
On September 1, 2015, and on September 11, 2015, the Company accepted the resignations of Steve Berman as Interim Chief Executive Officer and Frank Chester as a member of the Board of Directors, respectively. The resignations were not a result of any disagreement with the Company or its executive officers, or any matter relating to the Company’s operations, policies or practices.
On September 12, 2015, the Company appointed David Lewis as Interim Chief Executive Officer. Mr. Lewis was previously serving on the Board of Directors as Executive Director and remains in that capacity.
SECTION 8 - OTHER EVENTS
Item 8.01 Other Events.
The Company has entered into negotiations with its convertible note holders with the goal of restructuring existing debt and has requested “standstill agreements” that would eliminate penalty interest, waive default provisions and halt debt conversions for a period of up to (12) months.
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.
Dated December 7, 2016
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PROTEXT MOBILITY, INC.
By: /s/ David Lewis David Lewis Interim Chief Executive Officer |
