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): March 12, 2010
CYTTA CORP.
(Exact name of registrant as specified in its charter)
Nevada 333-139699 98-0505761
(State of Incorporation) (Commission File No.) (Tax ID No.)
905 Ventura Way, Mill Valley, CA 94941
(Address of principal executive offices)
Registrant's Telephone Number, including area code: (415) 860-5192
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions (see General Instruction A.2. below).
[ ] Written Communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] 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 CFR240.13e-4(c)).
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS
Effective on March 12th, 2010, Mr. Stephen Spalding CEO and Director has entered
into an annual executive services contract with the Company under which Mr.
Spalding will provide his management services to the Company in exchange for
annual compensation of $60,000.
Following is a brief description of Mr. Spalding's business experience:
Stephen Spalding, age 60, is a senior corporate executive. Mr. Spalding is
formerly a consultant with Grant Thorton. Mr. Spalding is also formerly CEO,
Vigilant Privacy Corporation, a private Nevada corporation, from 2003 to 2008
where he procured the firms angel round of financing and lead the organization
while the company's product was transformed from a desktop product to an
enterprise security solution. Previously he was a Partner, Deloitte & Touche
LLP, from 1997 - 2003, responsible for their IDI Practice (Implementation,
Development and Integration) Division. He was formerly a partner at KPMG Peat
Marwick LLP from 1995 - 1997, involved in Strategic Services, Enabling
Technology Practice. Mr. Spalding is currently Assistant Professor, San
Francisco State University, Business Systems Management and Control, Course
Number 507 (Senior/Graduate Level), present. He has an MBA, in Quantitative
Analysis, University of Arizona, 1974. He also has a B.S., Finance and
Management, Eastern Illinois University, 1973, a B.S., Physics (solid state),
Eastern Illinois University, 1969 and a B.S., Mathematics, Eastern Illinois
University, 1969. Mr. Spalding resides in Mill Valley, California
Effective on March 12th, 2010 Mr. Gary Campbell was appointed President and
Secretary to assist Mr. Stephen Spalding and also elected as a Director. The
Company has negotiated a six month executive services contract under which Mr.
Campbell will provide all usual management services to the Company for
consideration of $30,000. There have been no transactions between Mr. Campbell
and the Registrant during the prior fiscal year which would be required to be
reported pursuant to Item 404(a) of Regulation S-K.
The following is a brief description of Mr. Campbell's business experience:
Mr. Campbell age 56, brings to the Company three decades of public company
experience wherein he has assisted in the formation, operation and financing of
several public companies and established ongoing contacts within the US and
International technical, medical and financial community. In addition, Mr.
Campbell was employed for many years as an attorney in the healthcare, mining
and telecom sectors, where he oversaw a myriad of legal and business affairs.
Mr. Campbell is currently the managing partner of Unified Financial Inc. a
private organization that provides administrative services to public entities as
well as advice on corporate reorganization and restructuring. Mr. Campbell has
degrees in both Commerce and Law.
On March 19th, 2010 Mr. Karl Harz was appointed Vice President Business
Development with a special mandate to focus upon the expansion and development
of the Company's home healthcare model and technology. Mr. Harz was also elected
2
a member of the Board of Directors. The Company has negotiated a six month
consulting contract with Mr. Harz in the amount of $30,000, whereby Mr. Harz
will provide business development services. There have been no transactions
between Mr. Harz and the Registrant during the prior fiscal year which would be
required to be reported pursuant to Item 404(a) of Regulation S-K.
Following is a brief description of Mr. Harz's business experience:
Mr. Harz, 59, has an extensive background in sales, administration and finance
including public company financing and administration, and conventional and
private real estate funding. Mr. Harz has been passionately involved with the
home healthcare industry and specifically the use of internet access devices to
transmit and store medical information through home based peripherals for many
years. Mr. Harz has previously been instrumental in the development and
management of several major corporations including Transitional Housing Inc., a
contract that was awarded through the Department of Justice: Province Service
Corporation, a servicing arm of the mortgage companies; and presently,
Alternative Funding Sources, Inc. Mr. Harz has managed and coordinated several
major sales organizations with an emphasis on Real Estate properties, Trust Deed
investments, Limited Partnership interests, and Public and Private Corporate
Security products. Mr. Harz has maintained a California Real Estate Broker's
License and has had a Series 22 and 63 licenses, a Life and Disability license
and Variable Annuity License. He attended Farleigh Dickinson University in
Teaneck, N.J., and graduated with a Bachelor of Science in Marketing and a
Masters in Business Administration.
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.
Date: March 25, 2010
Cytta Corp.
By: /s/ Stephen Spalding
--------------------------------
Stephen Spalding
CEO & CFO
