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 reported) February 15, 2010
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Commission File Number 333-138989
SEA 2 SKY CORPORATION
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(Exact name of registrant as specified in its charter)
Nevada 98-0479847
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State or other jurisdiction of (I.R.S. Employer
incorporation or organization Identification No.)
2287 Stater Road, Ferndale, WA 98248
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 1 (877) 732-2759
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))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.
CANCELLATION OF AGREEMENTS
On June 3, 2009, the Sea 2 Sky Corporation (the "Company") entered into a Joint
Venture Agreement ("JV Agreement") with Gateway Associates LLC ("Gateway") for
the purpose of promoting and providing pellets products and industry expertise
to industrial and institutional markets. On February 15, 2010, the Company and
Gateway have mutually agreed to cancel the JV Agreement without consideration or
recourse by either party.
On June 23, 2009, the Company entered into an Assignment Agreement
("Assignment") with James Forest Products LLC ("JFP") which assigned JFP's
interest in a fiber basket to the Company. JFP is no longer able or willing to
maintain this agreement; thus, effective February 15, 2010, the Company and JFP
have mutually agreed to cancel the Assignment.
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.
(A) DEPARTURE OF DIRECTORS
On February 11, 2010, the Board of Directors of the Company accepted the
resignations of Doug Robertson and David Siebenga as the Chief Operating Officer
and Chief Executive Officer of the Company, respectively, and as directors of
the Company. In addition, Henry James resigned as a director of the Company.
As a part of their resignations, Messers. Robertson, Siebenga and James, each
returned 8,000,000 shares of the Company's common stock to the Company and
agreed to forgive any and all accrued salaries.
(B) ELECTION OF NEW OFFICER
On February 11, 2010, Erik Odeen, the Company's Chief Financial Officer, was
appointed by the Board to fill the vacancy of Chief Executive Officer. Mr. Odeen
also serves as a director of the Company.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange of 1934, the registrant
has caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
DATE: February 15, 2010
SEA 2 SKY CORPORATION
By: /s/ Erik Odeen
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Name: Erik Odeen
Title: Chief Executive Officer
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