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): August 31,
2010
MEDICAL
DESIGN STUDIOS, INC.
(Exact
Name of Registrant as Specified in Charter)
Nevada
|
333-144596
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26-0482524
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||||
(State
or other jurisdiction
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(Commission
File Number)
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(IRS
Employer
|
||||
of
incorporation)
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Identification
No.)
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7231
South Rome Street
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80016
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|||
Aurora, Colorado
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(Zip
Code)
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|||
(Address
of principal executive offices)
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Registrant's
telephone number, including area code: (303)
956-7197
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 CFR240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR240.13e-4(c)) |
CURRENT
REPORT ON FORM 8-K
|
Medical
Design Studios, Inc.
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August
31, 2010
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Item
5.02.
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Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers.
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On August
31, 2010, the Board of Directors of Medical Design Studios, Inc. announced a
number of significant management changes, as follows:
·
|
Dennis
B. Carter, an experienced educator and fundraising coordinator, was
elected to Medical Design’s Board of
Directors;
|
·
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Dennis
Neclerio, a custom machine parts sales manager, was appointed to be
Medical Design’s President; and
|
·
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Justin
N. Craig, Medical Design’s current President, Chief Executive Officer,
Chief Financial Officer and Chairman, and Kenneth Craig, Medical Design’s
current Secretary and Director, resigned as directors and executive
officers of Medical Design.
|
Neither
Mr. Carter nor Mr. Neclerio engaged in a related party transaction with Medical
Design during the last two years, and there are no family relationships between
Messrs. Carter and Neclerio and any of Medical Design’s other directors or
executive officers.
Dennis B.
Carter, age 34, is currently the Assistant Athletic Director, Athletic
Fundraising Coordinator and Athletic Facility Coordinator at Lexington Christian
Academy in Lexington, Kentucky, where he has run the day-to-day operations of
the school’s athletic department and coordinated its teams’ sporting events
since June 2006. Additionally, Mr. Carter has served as the associate
head coach of the Academy’s boys basketball team and head coach of the junior
varsity boys basketball team. Mr. Carter was previously a teacher’s
assistant at the Holmes Alternative School in Covington, Kentucky from August
2005 to May 2006, and Assistant to the Dean of Students at North Broward
Preparatory School in Coconut Creek, Florida from August 2004 to August 2005,
where he also coached basketball and other sports. Mr. Carter earned
a B.A. degree from North Kentucky University.
Mr.
Carter received a one-time director’s fee of $1,000 as part of becoming a board
member of Medical Design. He is also entitled to receive an
additional one-time fee of $1,000 upon the closing of a merger of Medical Design
or other change in control transaction.
Dennis
Neclerio, age 59, has been involved in the custom machine parts business for
more than 40 years. Since November 1990, Mr. Naclerio has been the
Sales Manager of Capital City Tool, Inc., a manufacturer of custom machine parts
in Frankfort, Kentucky. From November 1980 to November 1990, he
served as the Vice President of Sales at Georgetown Metal Products, Inc. in
Georgetown, Kentucky.
Mr.
Neclerio received a one-time salary payment of $1,000 as part of becoming the
President of Medical Design. He is also entitled to receive an
additional one-time payment of $1,000 upon the closing of a merger of Medical
Design or other change in control transaction.
There was
no disagreement or dispute with Medical Design concerning the resignations of
Justin N. Craig and Kenneth Craig.
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.
MEDICAL DESIGN STUDIOS, INC. | |||
Date:
August 31, 2010
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By:
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/s/ Justin N. Craig | |
Justin N. Craig | |||
President and Chief Executive Officer |
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