Xtreme Companies (fka XTME)

[rodneytwilk]

Form 8-K for XTREME COMPANIES INC

12-May-2006

Change in Directors or Principal Officers


ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTOR; APPOINTMENT OF PRINCIPAL OFFICERS.

On May 10, 2006, our Board of Directors accepted the resignation of Kevin Ryan as our Chief Executive Officer and Director. Also on May 10, 2006, our Board of Directors appointed our Chief Financial Officer, Laurie Phillips, to the position of Chief Executive Officer effective immediately. Ms. Phillips will also continue to serve as Interim Chief Financial Officer until a permanent replacement is hired.

This report may contain forward-looking statements that involve risks and uncertainties. We generally use words such as "believe," "may," "could," "will," "intend," "expect," "anticipate," "plan," and similar expressions to identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons, including the risks described below and elsewhere in this report. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

EXHIBIT NUMBER DESCRIPTION
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17.1 Resignation letter of Kevin Ryan effective May 10, 2006.