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IFSG.OB > SEC Filings for IFSG.OB > Form 8-K on 1-Sep-2009All Recent SEC Filings

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

Form 8-K for INFOSMART GROUP, INC.


1-Sep-2009

Change in Directors or Principal Officers, Financial Statements and Exhibit


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Directors

Effective August 1, 2009, Chen Chia Ju, Leung Wai Chuen and Sze Po Nei resigned as members of the Board of Directors of the Company. Mr. Chen, Mr. Leung and Ms. Sze's resignation were not a result of any disagreements relating to the Company's operations, policies or practices.

Appointment of Director

On August 1, 2009, the Board of Directors of the Company appointed Sung YingYing, Tseng Cheng Yu and Seto Man Fai as members of the Board of Directors.

Ms. Sung was previously sales Manager, respectively, at two companies trading in Tainwan & China. She graduated from American Culture University, Bachelor of Business Administration; Quincy University of Illinois, Master of Administration of Business.

Mr. Tseng oversees Discobras operations in Brazil and sales in South America. He was previously CEO and VP, Sales/Purchasing Manager, respectively, at two companies trading in optical dye and optical discs. He graduated from New York Polytechnic University , Master of Science, Chemical Engineering; University of California, San Diego, Bachelor of Science, Chemical Engineering.

Mr. Seto is the present CEO of Infosmart Group, Inc. He was previously the Managing Director and Business Consultant of an investment bank. He graduated from the China University of Hong Kong, Bachelor of Business Administration.

Family Relationships

Neither Ms. Sung, Mr. Tseng nor Mr. Seto has a family relationship with any of the officers or directors of the Company.

Related Party Transactions

There are no related party transactions reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.

Employment Agreement

Pursuant to employment agreements, dated August 1, 2009 (the "Director Agreements"), Ms. Sung, Mr. Tseng and Mr. Seto were appointed as the members of the Board of Director of the Company. The Director Agreements are filed as Exhibit 10.4, 10.5 and 10.6 to this Form 8-K and are incorporated by reference herein.

Pursuant to the Director Agreements, Ms. Sung, Mr. Tseng and Mr. Seto will receive $6,153.84, $23,076.92 and $0, respectively, as annual compensation for their services on the Board, pro-rated for the Company's current fiscal year.



Item 9.01 Financial Statements and Exhibits

(d)  Exhibits

Exhibit No.    Exhibit Description

10.1           Resignation Letter of Chen Chia Ju, dated July 28,
               2009
10.2           Resignation Letter of Leung Wai Chuen, dated July
               28, 2009
10.3           Resignation Letter of Sze Po Nei, dated July 28,
               2009
10.4           Director Agreement between Infosmart Group, Inc.
               and Sung Ying Ying, dated August 1, 2009
10.5           Director Agreement between Infosmart Group, Inc.
               and Tseng Cheng Yu, dated August 1, 2009
10.6           Director Agreement between Infosmart Group, Inc.
               and Seto Man Fai, dated August 1, 2009


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