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Thursday, 04/03/2008 8:44:18 AM

Thursday, April 03, 2008 8:44:18 AM

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TCHH.OB > SEC Filings for TCHH.OB > Form 8-K on 2-Apr-2008 All Recent SEC Filings




Show all filings for TRUSTCASH HOLDINGS, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TRUSTCASH HOLDINGS, INC.


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2-Apr-2008

Change in Directors or Principal Officers, Other Events, Financial State



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


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(a) Effective March 27, 2008, the board of directors of Trustcash Holdings, Inc. (the "Company") accepted the resignation of Gregory Moss as a director of the Company.

Mr. Moss' resignation was predicated on his removal as the Company's chief executive officer by the board of directors and his concern over deliberations held without his inclusion by the board of directors in connection with certain public disclosure disseminated in regard to the prospective merger of the Company with Paivis Corp. Mr. Moss believes that under these circumstances he can no longer fulfill his responsibilities as a member of the board of directors.

A copy of the correspondence received from Mr. Moss in respect to his resignation is attached hereto.



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ITEM 8.01 OTHER EVENTS


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Effective March 31, 2008 the board of directors, appointed Mr. Claudio Lai as the Company's Chief Technical Officer.

For the last five years Mr. Lai has been and remains the Chief Technical Officer of Vertutech Industries, Inc. a programming, software and web design company. Mr. Lai has managed numerous projects with Vertutech including:

• Management of web design projects for sites such as IMPAQ (www.impaqcorp.com)

• Development of web programs (modules) which included; email subscription programs,

password management systems, e-commerce solutions, a content delivery systems.

• Development of database management software.

• Customizing already developed content management systems.

• Web server management.

• Customizing of shopping cart systems.



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ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS


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(d) The following exhibit is included as part of this report.

EXHIBIT PAGE

NO. NO. DESCRIPTION

17 Attached Greg Moss correspondence dated March 27, 2008



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