UNITED STATES
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): December 31, 2010
INFINITE GROUP, INC.
(Exact name of Registrant as specified in its charter)
| Delaware | | 0-21816 | | 52-1490422 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
60 Office Park Way
Pittsford, New York 14534
(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code: (585) 385-0610
| |
| (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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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.
(b) Effective December 31, 2010, (i) the Board of Directors (the “Board”) of Infinite Group, Inc. (the “Company”) terminated Michael S. Smith as the Company’s Chief Executive Officer, and (ii) Mr. Smith resigned as a director of the Company. Mr. Smith’s employment with the Company will continue in a non-executive capacity on an at-will basis. James Villa, President and a director of the Company, was appointed by the Board as the Company’s acting Chief Executive Officer to temporarily fill the vacancy created by Mr. Smith’s termination.
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: January 5, 2011 | INFINITE GROUP, INC. | |
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| | By: | /s/ James Villa | |
| | | James Villa | |
| | | President | |
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