SECURITIES AND EXCHANGE COMMISSION
(Amendment No. 1)
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 15, 2011
Date of Report (Date of earliest
(Exact name of registrant as specified in its
|(State or other jurisdiction of
||(IRS Employer Identification No.) |
|1100 Quail Street, Suite 100, Newport Beach, CA
|(Address of principal executive offices)
||(Zip Code) |
Registrant's telephone number,
including area code
3702 South Virginia Street, Suite G12-401, Reno, NV,
(Former name or former address, if changed since last
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))
- 2 -
This Amendment No. 1 to the
Current Report on Form 8-K (this Form 8-K/A) is being filed to incorporate
changes to the Current Report on Form 8-K filed by Smart-Tek Solutions Inc.
(Smart-Tek or the Company) on April 20, 2011 (the Form 8-K). This Form
8-K/A amends and restates the Form 8-K in its entirety.
Item 5.03 Amendments to Articles of Incorporation or Bylaws,
Change in Fiscal Year.
On February 4, 2011, the Companys Board of Directors approved
a change in the Companys fiscal year from June 30 to December 31. This change
is effective for the 2011 fiscal year, which would have otherwise ended June 30,
2011 and will now end on December 31, 2010. The Company filed a transitional
annual report on Form 10-KT for the six month period ended December 31, 2010 on
April 15, 2011. The change in year end is to compliment the business cycle of
its operating subsidiary Smart-Tek Automated Services, Inc.
Item 8.01 Other Events.
The transitional Form 10-KT file on April 15, 2011 also
reflects the sale and discontinuation of the SCI subsidiary to its founder Perry
Law. Affected by the slow-down of the economy, SCIs shrinking revenue and
continuing loses, management felt it was in the best interest of STTN to
discontinue its operations. Mr. Law, SCIs founder expressed a desire to acquire
SCI in exchange for certain debt owed to him by the Company. On July 1, 2010,
the Company completed the disposition of the Companys wholly owned subsidiary
Smart-Tek Communications Inc. to its president and founder Perry Law. Please see
Exhibit 10.13 for a copy of the Amended Stock Purchase Agreement and Exhibit
10.14 for a copy of the independent valuation of the transaction.
Item 9.01 Financial Statements and Exhibits.
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.
||SMART-TEK SOLUTIONS INC. |
| Date: June 27, 2011
||/s/ Brian Bonar |
||Brian Bonar |
||Chief Executive Officer