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EX-99.1 - EXHIBIT 99.1 - DAYSTAR TECHNOLOGIES INCexhibit99-1.htm

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

October 2, 2012
Date of Report (Date of earliest event reported)

DAYSTAR TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in Charter)

DELAWARE 001-34052 84-1390053
(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Incorporation)   Identification No.)

33556 Alvarado Niles Road
Union City, California 94587-1010
(Address of Principal Executive Offices) (Zip Code)

(408) 582-7100
(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):

[_]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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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))

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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; Compensatory Arrangements of Certain Officers.

On September 28, 2012, DayStar Technologies, Inc. (the “Company”) accepted the resignation of William Steckel from the board of directors (the “Board”) due to his new employer’s requirement that he not serve as a director on any outside company boards. A replacement has not been named yet so the Board will continue to conduct business with a vacancy in its’ allowed members until a new member is identified. Mr. Steckel joined DayStar in 2008 and served in positions, including CFO, President and CEO. The Board and the Company are greatly indebted to Mr. Steckel for his years of service.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description
99.1 Press Release, dated October 1, 2012.


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.

  DAYSTAR TECHNOLOGIES, INC.
   
   
   
Date: October 2, 2012 By /s/ Peter A. Lacey                                
        Peter A. Lacey
        Interim Chief Executive Officer