CarbonMeta Technologies Inc (COWI)

[aries4747]

INRA files 8-K. Wow!

ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.


On September 10, 2007, Kenneth D. Vanden Berg resigned as an executive officer of Innova Robotics & Automation, Inc. (the “Company”). In addition, Mr. Vanden Berg’s employment agreement has been terminated effective immediately. In accordance with Mr. Vanden Berg’s employment agreement, the Company owes no further fees or salary. Mr. Vanden Berg’s resignation is a result of his failure to disclose the commission of a criminal offense regarding the violation of federal bulk cash transfer statutes which occurred in 2002, prior to his employment with the Company. In accordance with the Company’s hiring policies, a background check was conducted on Mr. Vanden Berg prior to his employment and no records relating to this or any other similar matter were found. The existence of this offense and conviction was not disclosed by Mr. Vanden Berg to management or the Board of Directors of the Company. Management of the Company became aware of this infraction on September 10, 2007.