Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 11, 2007, Anthony F. Alibrio, Sr., a director of AHPC Holdings, Inc. (the "Company"), resigned as a director of the Company.
Section 8 – Other Events
Item 8.01 Other Events
On September 7, 2007, WRP Asia Pacific Sdn. Bhd., a corporation organized and existing under the laws of Malaysia ("WRP"), filed suit against the Company and its wholly owned subsidiary American Health Products Corporation ("AHPC"). WRP is one of AHPC's major glove suppliers. In the complaint, WRP asserts, among other things, that AHPC has breached the terms of the Supply and Requirement Agreement, as amended, between AHPC and WRP and that AHPC and the Company have failed to make payments due and owing under the amended Supply and Requirement Agreement in the amount of $1,718,476.11, plus interest. The Company and AHPC are currently evaluating their options in connection with responding to this complaint.
Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.