SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
March 12, 2008
Date of Report (Date of Earliest Event Reported)
LEFT BEHIND GAMES INC.
(Exact name of registrant as specified in its charter)
| WASHINGTON | | 000-50603 | | 91-0745418 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
| 25060 HANCOCK AVENUE, SUITE 103 BOX 110, MURRIETA, CA | | 92562 |
| (Address of principal executive offices) | | (Zip code) |
(951) 894-6597
(Registrant’s telephone number, including area code)
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 2.04 | | Triggering Events That Accelerate a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. |
| | | On March 17, 2008, we defaulted on several unsecured bridge loans totaling $285,000 since we failed to repay the loans when they became due. We are in discussions with the holders of the unsecured bridge loans and anticipate an extension of the due date or another resolution. |
| Item 5.02 | | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers |
| | | On March 12, 2008, James Frakes, the company's Chief Financial Officer, as a cost reduction measure, tendered his resignation. Mr. Frakes will continue to work for the company as a part-time consultant. Both Mr. Frakes and management intend for him to rejoin as CFO once the company is in a stronger financial position. The board has elected Troy Lyndon, the company's Chief Executive Officer, to temporarily assume the role as CFO. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | LEFT BEHIND GAMES INC. |
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| DATE: March 18, 2008 | By: | /s/ Troy Lyndon | |
| | Name: | Troy Lyndon |
| | Title: | Chief Executive Officer |
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