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 12,2008
LOCATEPLUS HOLDINGS CORPORATION
(Exact name of registrant as
specified in its charter)
000-49957
(Commission File Number)
DELAWARE 04-3332304
(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification No.)
100 CUMMINGS CENTER, SUITE 235M
BEVERLY, MA 01915
(Address of principal executive offices, with zip code)
(978) 921-2727
(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 (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))
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
The Company announced that at a meeting of the Board of Directors held on
December 1, 2008, the Board voted to extend an offer for the position of
Director to George Isaac. On December 11, 2008, Mr. Isaac accepted this offer .
Mr. Isaac is a Massachusetts Certified Public Accountant and is affiliated with
the Massachusetts Board of Certified Public Accountants and the American
Institute of Certified Public Accountants. He is well experienced in all areas
of financial management having practiced as a CPA for 25 years within a
financial career that reaches back nearly 40 years. His experience includes
management, business consulting, budgeting, managerial accounting, risk
management, internal controls, tax advice and preparation, financial planning
and reporting, audit functions, banking functions, and all treasury functions
including SEC compliance. Specifically, his current practice involves services
as a consulting CFO. In the past he has served as CFO for a publicly traded
company, a managing partner of a public accounting firm, has managed a
commercial office building. As a board member of a community bank and a publicly
traded company he has served as a member and is familiar with the functioning of
board audit committees, executive committees, and compensation committees. His
experience includes the negotiation of significant expansion and growth credit
availability but also downsizing to maintain profitability where necessary. He
is proficient in Russian and German. For the past five years Mr. Isaac has
served as a consulting Chief Financial Officer for several closely held
businesses in Massachusetts with responsibility for all financial planning and
reporting, tax preparation, banking and related treasury functions for each of
his clients.
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.
LOCATEPLUS HOLDINGS CORPORATION
By /s/ James C. Fields
James C. Fields
President and CEO
Date: December 12, 2008