Creative Vistas Inc - Current report filing (8-K)
May 09 2008 - 5:25PM
Edgar (US Regulatory)
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): May 5, 2008
CREATIVE
VISTAS, INC.
(Exact
name of Registrant as specified in its Charter)
Arizona
|
0-30585
|
86-0464104
|
(State
or other Jurisdiction)
of
Incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
2100
Forbes Street
Units
8-10
Whitby,
Ontario, Canada L1N 9T3
(Address
of principal executive offices)
Registrant’s
telephone number, including area code:
(905)
666-8676
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))
Item
5.02
Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On
May
5
,
2008,
Creative Vistas, Inc. (the “Company”) announced the appointment of Dominic
Burns, President of the Company, to the additional position of Chief Executive
Officer. Mr. Burns’ appointment follows the resignation of Sayan Navaratnam from
the position of Chief Executive Officer, also effective May 5, 2008. Mr.
Navaratnam who had been both Chief Executive Officer and Chairman, will remain
as Chairman.
Mr.
Burns, age 48, has over 20 years of experience in the security integration
industry. Mr. Burns founded AC Technical Systems Ltd. in 1991, which later
became one of Creative Vistas’ core business units, and he has been president of
AC Technical since then. He has designed a number of internal technical and
marketing programs to expand AC Technical's sales and capabilities. Burns has
also served on Creative Vistas’ Board of Directors since September 2004. Mr.
Burns is a graduate of Northern Ireland’s Belfast College of Technology and also
holds radio and navigation licenses.
There
are
no arrangements between Mr. Burns and any other person pursuant to which Mr.
Burns was selected as Chief Executive Officer, nor are there any transactions
to
which the Company was or is a participant and in which Mr. Burns has a material
interest subject to disclosure under Item 404(a) of Regulation S-K.
Mr.
Burns
has no family relationship with any director or executive officer which would
otherwise be subject to disclosure under this Item 5.02.
Item 9.01
Financial
Statements and Exhibits.
The
following exhibits are filed with this Form 8-K:
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|
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Exhibit
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Description
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99.1
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Press
Release dated May 5, 2008.
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|
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has
duly
caused this Report to be signed on its behalf by the undersigned hereunto duly
authorized.
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|
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CREATIVE
VISTAS, INC.
|
|
|
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Date:
May 9, 2008
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By:
|
/s/ Heung
Hung Lee
|
|
Heung
Hung Lee
Chief
Financial Officer and Secretary
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|
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