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 21, 2009

 

PANGLOBAL BRANDS INC.

(Exact name of registrant as specified in its charter)

 

Delaware

333-131531

20-8531711

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

 

2853 E. Pico Blvd., Los Angeles CA 90023

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code

323 266-6500

 

N/A

(Former name or former address, if changed since last report.)

 

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 under the Exchange Act (17 CFR 240.14a-12)

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))

 

 



- 2 -

 

 

Item 5.02

Departure Of Directors Or Certain Officers; Election Of Directors; Appointment Of Certain Officers; Compensatory Arrangements Of Certain Officers.

Effective May 21, 2009, we appointed Dru Narwani and Charles Shaker to our board of directors and to our audit committee.

Certain Related Transactions

We have not been party to any transaction with either of Dru Narwani or Charles Shaker, since the beginning of our last fiscal year, or any currently proposed transaction with either of Dru Narwani or Charles Shaker, in which we were or will be a participant and where the amount involved exceeds the lesser of $120,000 or one percent of the average of our total assets at year-end for the last two completed fiscal years. However, Charles Shaker is a representative of Providence Wealth Management Ltd., from whom we have borrowed $1,000,000 under the terms of a Convertible Loan Agreement dated for reference January 15, 2009.

 

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits

99.1

News Release

 

 

 

 

 



- 3 -

 

 

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.

PANGLOBAL BRANDS INC.

/s/ Stephen Soller

Stephen Soller

CEO, President, Secretary and Director

 

Date: May 22, 2009

 

 

CW2600567.1

 

 

 

Panglobal Brands (CE) (USOTC:PNGB)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Panglobal Brands (CE) Charts.
Panglobal Brands (CE) (USOTC:PNGB)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Panglobal Brands (CE) Charts.