UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report:
(Date of earliest event reported)
June 1, 2012
Derycz Scientific, Inc.
(Exact name of registrant as specified in charter)
Nevada
(State or other Jurisdiction of Incorporation or Organization)
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0-53501 (Commission File Number)
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11-3797644 (IRS Employer Identification No.) | |
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5435 Balboa Blvd., Suite 202 Encino, CA 91316 (Address of Principal Executive Offices and zip code)
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(310) 477-0354
(Registrant’s telephone
number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective as of June 1, 2012, the Compensation Committee of the Registrant’s Board of Directors approved and adopted a revised compensation arrangement for Alan Urban, the Registrant’s Chief Financial Officer, pursuant to which Mr. Urban will receive an annual base salary of $175,000 and other general benefits made available to the Registrant’s senior executives.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DERYCZ SCIENTIFIC, INC. | ||
| Date: June 5, 2012 | By: | /s/ Alan Urban |
| Alan Urban | ||
| Chief Financial Officer | ||