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Re: greenparrot post# 332

Tuesday, 04/15/2008 4:30:42 PM

Tuesday, April 15, 2008 4:30:42 PM

Post# of 1111
it's in the 10K http://www.secinfo.com/d19aNn.tEe.htm



Recent Events

On March 11, 2008, the Company announced that Mr. John Meeske was terminated as the Company’s Chief Executive Officer and as a member of the Board of Directors. Mr. Meeske had served as the Company’s CEO and as a Director since May 2006. His termination was effective immediately and was based on actions conducted by Mr. Meeske that were inconsistent with his employment agreement, Company policies and procedures. The Company is currently investigating this matter further.

Consequently, Nicholas A. Lopardo, Chairman of the Board of Directors, has been named interim Chief Executive Officer until such time as the Company can locate a suitable replacement. The Company’s Board has begun this search.

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