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samsamsamiam

10/28/11 11:26 AM

#17323 RE: samsamsamiam #17319

MILV/Allan Smethers/Jeffrey Smuda/KARE/XNE,Inc


http://www.sec.gov/Archives/edgar/data/1069778/000135448810003427/xne_8k.htm
FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

November 4, 2010
Date of Report (Date of earliest event reported)

XNE INC.
...
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On November 4th, 2010, Mr. Jeffry M. Smuda, was appointed to the position of Director and Chairman of the Board of Directors.

On November 4th, 2010, Mr. Allan Smethers, was appointed to the position of Director of the company.
...
XNE INC.


Date: November 4, 2010
By:
/s/ Michael Cummings
Name: Michael Cummings
Title: President/Chief Executive Officer

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And oddly in the next and last 8k filing - no mention of their departure?? I guess they left with Michael Cummings?
http://www.sec.gov/Archives/edgar/data/1069778/000143774911003175/xne_8k-050511.htm

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

Effective February 25, 2011, Michael Cummings resigned as a director and as Chief Executive Officer, Chief Financial Officer, and Secretary of XNE Inc . (the “Company”).

Prior to Mr. Cummings’ resignation, Imran Firoz was appointed as the sole director and Mr. Firoz became Chief Executive Officer, Chief Financial Officer, and Secretary of the Company.

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http://www.lermanfirm.com/uploads/Lee_Class_Action_Complaint-Filed_Copy.pdf