Unassociated Document
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): |
January
29, 2008
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HOSTING
SITE NETWORK INC.
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(Exact
name of registrant as specified in its
charter)
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Delaware
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33-73004
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13-4122844
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(State
or other jurisdiction of incorporation)
|
|
(Commission
File Number)
|
|
(I.R.S.
Employer Identification No.)
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32
Poplar Place
Fanwood,
New Jersey
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07023
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(Address
of principal executive offices)
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(Zip
Code)
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(973)
652-6333
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(Registrant’s
telephone number, including area
code)
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(Former
name, former address and former fiscal year, if changed since last
report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM
3.02 |
UNREGISTERED
SALES OF EQUITY SECURITIES
|
On
each
of January 29, 2008 and February 13, 2008 we sold 500,000 shares of our common
stock at a price of $0.02 per share or $10,000. In each instance, the shares
were sold to a single subscriber. The shares were sold in reliance on Section
4(2) of the Securities Act of 1933, as amended, since the foregoing sales did
not involve a public offering, each of the recipients had access to information
that would be included in a registration statement, each of the recipients
bought the shares for investment and not resale, and we took appropriate
measures to restrict resale.
ITEM
5.02 |
DEPARTURE
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT
OF
CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
|
On
February 29, 2008 Matthew Sebal resigned his position as our Secretary and
as
one of our Directors. His resignation was not the result of any disagreement
with us on any matter relating to our operations, policies or practices. After
accepting Mr. Sebal’s resignation, on the same date, we appointed Jim Cassina to
the vacated Secretary and Director positions. Mr. Cassina has extensive
managerial and financial experience with both public and private
entities.
From
June
8, 2005 until February 5, 2008 Mr. Cassina served as President of OSE Corp.,
an
Ontario, Canada based oil and gas company (Toronto Venture Exchange “OSE”) and
he has been a Director of OSE Corp. since June 8, 2005. From September 8, 2005
to the present he has served as a Director of GEOCAN Energy Inc. (Toronto Stock
Exchange “GCA”), a Calgary, Canada based oil and gas company. From June 30, 2005
until September 8, 2005 he served as a Director for Assure Energy Corp., a
Calgary, Canada based oil and gas company (OTCBB: “ASUR”). From July 1998 to
June 30, 2002 Mr. Cassina served as the President and CEO of EnerNorth
Industries Inc. (AMEX: ENY), an Ontario, Canada based oil and gas company and
as
a Director of EnerNorth from September 1999 until March 2008. From July 1,
2002
until March 2008 he was the Chairman of EnerNorth. From October 12, 2000 to
the
present Mr. Cassina has served as the President, a Director and principal
shareholder of Bonanza Blue Corp. Since February 1995, Mr. Cassina has been
President, Director and principal shareholder of 1118836 Ontario Inc. Since
March 2007 he serves as a Director and principal shareholder of Limestone
Properties Inc. a private holding company, and Core Energy Enterprises Inc.,
a
private energy related company, among other private investment
companies.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly cause this Report to be signed on its behalf by the undersigned hereunto
duly authorized.
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HOSTING
SITE
NETWORK INC. |
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Dated: March
10, 2008 |
By: |
/s/ Scott
Vicari |
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Name:
Scott Vicari |
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Title:
President
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