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): October 7, 2008 (October 7, 2008)
I2 TELECOM INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Washington | | 0-27704 | | 91-1426372 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employee Identification No.) |
5070 Old Ellis Pointe, Suite 110
Roswell, Georgia 30076
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (404) 567-4750
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
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))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective October 7, 2008, the Board of Directors appointed Timothy McGeehan as a new member of the Board.
As compensation for his services, Mr. McGeehan received 2,000,000 non-qualified stock options under the registrant’s 2004 ISO Plan, exercisable at $0.08 per share and expiring three years from the date of grant. Such options will vest according to the following schedule: 50% on October 7, 2009 and 50% on October 7, 2010. There is no material plan, contract, or arrangement to which Mr. McGeehan is a party or in which he participates that is entered into or material amendment in connection with Mr. McGeehan’s appointment as a director.
There are no related party transactions to report involving Mr. McGeehan since the beginning of the registrant’s last fiscal year.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exh. No. | | Description |
| | |
99.1 | | Press Release, dated October 7, 2008. |
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.
Date: October 7, 2008 | I2 TELECOM INTERNATIONAL, INC. (Registrant) |
| | |
| By: | /s/ Paul Arena |
| | Paul Arena Chief Executive Officer |
