U.S. 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 8, 2010
Commission file number 001-10196
STUDIO ONE MEDIA, INC.
(Exact name of Registrant as specified in its charter)
|
DELAWARE
|
23-2517953
|
|
(State or other jurisdiction of incorporation or organization)
|
(IRS Employer Identification No.)
|
7650 E. Evans Rd., Suite C
Scottsdale, Arizona 85260
(Address of principal executive offices) (Zip Code )
(480) 556-9303
(Registrant's telephone number, including area code)
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 (see General Instruction A.2. below):
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
(d) Election of Director
On February 4, 2011, Frank J. Perrotti, Jr., was elected as a director of the Company effective February 4, 2011.
Mr. Perrotti will receive as compensation, on a quarterly basis, fifteen thousand shares of common stock of the Company, or such number of shares as shall be determined by dividing the sum of fifteen thousand dollars by the per share price calculated at seventy five percent of the average closing prices of the Company’s common stock for the ten trading days prior to the date such payment is due, whichever is greater. All shares of common stock issued pursuant to Mr. Perrotti as a director shall be restricted pursuant to the provisions of Rule 144 promulgated by the Securities Exchange Commission and all certificates evidencing such shares shall bear a legend to that effect.
ITEM 9.01 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
|
a)
|
Not Applicable.
|
|
b)
|
Not Applicable.
|
|
c)
|
Exhibits
|
|
No.
|
Exhibits
|
|
None
|
|
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.
|
Date:
|
March 9, 2011
|
||
|
By:
|
/s/ Kenneth R. Pinckard
|
||
|
Name:
|
Kenneth R. Pinckard
|
||
|
Title:
|
Vice President
|
||
2