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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): April 18, 2005
SBS Interactive, Co.
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(Exact name of Registrant as specified in charter)
Florida 000-28363 65-0705830
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
4211 Yonge Street, Suite 235
Toronto, Ontario M2P 2A9
Canada
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(Address of principal executive offices)
(416) 223-9293
(Issuer Telephone number)
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):
[ ] 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))
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Item 5.02 Departure of Directors or Principal Officers; Appointment
of Directors
On April 18, 2005, Mr. Sam Ash, a member of the Registrant's Board of
Directors, resigned. Mr. Ash did not resign because of a disagreement with the
Registrant on any matter relating to the Registrant's operations, policies or
practices.
On April 18, 2005, Mr. Trent Walklett and Mr. Alexander von Mueffling were
appointed to the Board of Directors by the Registrant's Board of Directors.
Mr. Walklett has been the Controller for All Risks Ltd since 2004. From
2001 to 2003, Mr. Walklett was Vice-President of EYT, Inc. (formerly Ernst &
Young Technologies). From 1998 to 2000 Mr. Walklett was Manager of Corporate
Accounting for Marriott International, Inc. Prior to joining Marriott, Mr.
Walklett held various financial auditing positions with KPMG, LLP. Mr. Walklett
is a Certified Public Accountant. Mr. Walklett currently serves as a member of
the Board of Directors and a member of the Audit Committee for Monarch Services,
Inc. (MAHI:NasdaqSC).
Mr. von Mueffling has 19 years of international corporate finance and
investment banking experience. He is a generalist with sector specialization in
the security and leisure industries, and he is fluent in German and Spanish. He
began his career in 1986 with The Matuschka Group in Germany and left to join
Nomura International Plc in the UK in 1989. He joined Charterhouse Bank in
London in 1991 and founded PI Management Association in London in 1993, as an
independent corporate finance firm. In addition, in 1997, he founded
London-based Biometric Identification Limited, a biometric security equipment
trading agency, and OEM licensing business. After selling the biometric business
in 2002, he joined Bentley Associates L.P. in New York in 2002, as a Managing
Director. Mr. von Mueffling earned his B.S.B.A. from Boston University in 1986.
Neither Mr. Walklett nor Mr. von Mueffling has been a party to, or
benefited directly or indirectly from, any transaction with the Registrant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: April 21, 2005
SBS INTERACTIVE, CO.
By: /s/ Todd Gotlieb
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Todd Gotlieb, President
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