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

Effective November 16, 2012, Mr. Dale Hoover has resigned as Chief Financial Officer, Vice President and Treasurer of Daystar Technologies Inc. (the "Company"). There was no disagreement between Mr. Hoover and the Company regarding any matter relating to the Company's operations, policies or practices.

On November 20, 2012, the Company announced via press release the appointment of Mr. John Ng as its new Chief Financial Officer.

Mr. Mark Roseborough, the Company's president will assume the position of treasurer.

The following is a brief biographical description of the recently appointed Chief Financial Officer.

John Ng

Mr. John Ng is a Certified Public Accountant in the USA and a Chartered Accountant in Canada and brings over 20 years experience in corporate finance, capital markets, and strategic initiatives. Mr. Ng has had extensive experience in mergers and acquisitions, capital markets and successful commissioning and financing in the solar energy sector.

The full text of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit No. Description
99.1 Press Release issued by Daystar Technologies Inc. dated November 20, 2012, regarding the appointment of its new Chief Financial Officer.

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