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):  April 28, 2014


INFORMATION SYSTEMS ASSOCIATES, INC.

(Exact name of registrant as specified in its charter)


Florida

333-142429

65-049317

(State or other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)


819 SW Federal Highway

Stuart, FL

 


34994

(Address of principal executive offices)

 

(Zip Code)


Registrant’s telephone number, including area code: (772) 403-2992


 

(Former name or former address if changed since last report.)


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 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; Compensatory Arrangements of Certain Officers.


On April 28, 2014, Information Systems Associates, Inc. (the “Company”) accepted the resignation of Michael Hull as director and audit committee chairman due to conflicting obligations causing an inability to devote sufficient time to meet the fiduciary responsibilities necessary to serve effectively.


On May 1, 2014, the Company appointed David Brooks to the Board of Directors replacing Mr. Hull. From June 2012 through December 2013, Mr. Brooks has served as the Chief Financial Officer of SKM Media Corp., a data and services marketing company. Since November 2009, Mr. Brooks has been the Managing Shareholder of D. Brooks and Associates CPAs, P.A., which provides Chief Financial Officer and related services to businesses on a consulting basis. From August 2008 through October 2009, Mr. Brooks was an audit director and consultant for McGladrey & Pullen, LLP (now McGladrey LLP), a large assurance, tax and consulting services company. Since February 2013, Mr. Brooks was appointed and continues to serve as interim CFO for Ecosphere Technologies on an independent consulting basis. Mr. Brooks is a Certified Public Accountant in Florida. Mr. Brooks will be compensated both as a director of ISA and as an independent contractor through D. Brooks and Associates CPAs, P.A. and will be paid on an hourly basis for providing specific accountancy consultation related to SEC reporting. Mr. Brooks is 43 years old.











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.


 

 

INFORMATION SYSTEMS ASSOCIATES, INC.

 

 

 

 

 

 

 

 

 

Date:  May 2, 2014

By:

 /s/ Adrian Goldfarb

 

 

Name:  

Adrian Goldfarb

 

 

Title:   

Chief Financial Officer