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EX-99.1 - COMPOSITE TECHNOLOGY CORP | v186088_ex99-1.htm |
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): May 21, 2010 (May 17,
2010)
COMPOSITE
TECHNOLOGY CORPORATION
(Exact
name of registrant as specified in Charter)
Nevada
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000-10999
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59-2025386
|
||
(State
or other jurisdiction of
incorporation
or organization)
|
(Commission
File No.)
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(IRS
Employee Identification
No.)
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2026
McGaw Avenue
Irvine,
California 92614
(Address
of Principal Executive Offices)
(949)
428-8500
(Issuer
Telephone number)
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:
¨ 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 CFR
240.13e-4(c))
Forward
Looking Statements
This Form
8-K and other reports filed by Registrant from time to time with the Securities
and Exchange Commission (collectively the “Filings”) contain or may contain
forward looking statements and information that are based upon beliefs of, and
information currently available to, Registrant’s management as well as estimates
and assumptions made by Registrant’s management. When used in the filings the
words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan”
or the negative of these terms and similar expressions as they relate to
Registrant or Registrant’s management identify forward looking statements. Such
statements reflect the current view of Registrant with respect to future events
and are subject to risks, uncertainties, assumptions and other factors
(including the risks contained in the section of the Registrant’s Form 10-K
entitled “Risk Factors”) relating to Registrant’s industry, Registrant’s
operations and results of operations and any businesses that may be acquired by
Registrant. Should one or more of these risks or uncertainties materialize, or
should the underlying assumptions prove incorrect, actual results may differ
significantly from those anticipated, believed, estimated, expected, intended or
planned.
Although
the Registrant believes that the expectations reflected in the forward looking
statements are reasonable, the Registrant cannot guarantee future results,
levels of activity, performance or achievements. Except as required by
applicable law, including the securities laws of the United States, the
Registrant does not intend to update any of the forward-looking statements to
conform these statements to actual results.
Item
5.02. Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Departure
of Certain Officers
On May 17, 2010, Composite Technology
Corporation (the “Company”) announced that Mr. John P. Brewster intends to
resign as Chief Commercial Officer of the Company and President of the Company’s
CTC Cable Corporation division in order to pursue a position with another
company. Mr. Brewster’s resignation will be effective on June
4, 2010.
This Form
8-K incorporates by reference the press release announcing Mr. Brewster’s
resignation, filed as Exhibit 99.1 hereto.
Item
9.01. Financial Statement and Exhibits.
(d)
Exhibits
Exhibit
Number
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Description
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99.1
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Press
Release of Composite Technology Corporation dated May 17, 2010 regarding
resignation of John P. Brewster as Chief Commercial Officer of Composite
Technology Corporation and President of CTC Cable
Corporation.
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SIGNATURES
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.
Composite
Technology Corporation
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By:
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/s/
Domonic J. Carney
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Domonic J. Carney
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Chief
Financial Officer
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Dated:
May 21, 2010
Exhibit
Index
Exhibit
Number
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Description
|
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99.1
|
Press
Release of Composite Technology Corporation dated May 17, 2010 regarding
resignation of John P. Brewster as Chief Commercial Officer of Composite
Technology Corporation and President of CTC Cable
Corporation.
|