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) March 26, 2002
The Amanda Company
- ------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Utah 1-14072 87-0430260
- ------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
13765 Alton Parkway, Bldg. F, Irvine CA 92618
- ------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (949) 859-6279
- ------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
Item 6. Resignations of Registrant's Directors
1. William Prevot, a member of the Board of Directors of the Company
has resigned effective March 26, 2002. Mr. Prevot had accepted a position in
Denver with the expectation of a limited assignment, however that assignment has
been extended and based on his other priorites, Mr. Prevot feels that he will be
unable to contribute to the Company in a fashion that he would like to.
2. Jose Candia, a member of the Board of Directors, President and Chief
Executive Officer of the Company extended his resignation to the Board on April
1, 2002. The Board accepted his resignation to be effective as of that date.
Mr. Candia's resignation was related to items he deemed were inaccurate in the
value of the assets and liabilities disclosed in the tAA acquisition documents
and in the manner that the Amanda shares to be issued to the tAA shareholders
was being calculated.
The Registrant having been appraised of these items has implemented steps to
correct any inaccuracies including having their independent accountants and CFO
investigate each claim. The result of the investigation was that all claims
were addressed and accounted for in the tAA December 31, 2000 audited
financials, which were done prior to the completion of the acquisition.
Concerning the issue of the calculation of the Amanda shares to be issued to the
tAA shareholders, the Registrant feels that claim is incorrect as well.
Brian Bonar, a current Board Member will be acting as the interim
Chairman of the Board and Chief Executive Officer.
Item 7(c.) Exhibits
The following exhibit is filed as part of this report in accordance with
the provision of Item 601 of Regulations S-B:
Exhibit Name of Exhibit
------- -----------------
17 Letter on director resignation
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 thereunto duly authorized.
Dated: April 4, 2002 The Amanda Company
/s/ Brian Bonar Chief Executive Officer April 4, 2002
-----------------
Brian Bonar and Chairman of the Board
/s/ David L. Woo
-------------------
David L. Woo Director April 4, 2002
/s/ Steve Fryer
-----------------
Steve Fryer Director April 4, 2002
/s/ E. Timothy Morgan
------------------------
E. Timothy Morgan Director April 4, 2002