Current Report Filing (8-k)
December 29 2014 - 8:24AM
Edgar (US Regulatory)
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): October 16, 2014
POWERSTORM
CAPITAL CORP.
(Exact
name of registrant as specified in its charter)
Delaware |
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333-184363 |
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45-3733512 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
31244 Palos Verdes Dr W, Ste 245
Rancho Palos Verdes, CA 90275-5370 |
(Address of principal executive offices)(Zip Code) |
Registrant’s telephone number, including area code: 1-424-327-2991 |
N/A |
(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 (see General Instruction A.2. below):
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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) |
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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 |
Appointment
of Kirstin L. Gooldy as Chief Financial Officer
On October 16,
2014, the Board of Directors of Powerstorm Capital Corp. (the “Company”) appointed Kirstin L. Gooldy as the Company’s
Chief Financial Officer. Additionally, Ms. Gooldy was appointed to the Board of Directors on November 15, 2014.
Kirstin L.
Gooldy, 45, Chief Financial Officer
Ms.
Gooldy brings over 20 years of Operations, Corporate Finance and Capital Markets experience to Powerstorm Capital Corp., having
lead or managed over $500 million in financial transactions for various companies during her career. Prior to joining the Company,
Ms. Gooldy held a position as an Advisor of the Gaea Group and KKM Group. Additionally, she was the Senior Vice President of the
DiBari Group a premier finance organization. Ms. Gooldy was also a founding employee of a leading telecommunications company where
she was responsible for various functions within Corporate Finance, Investor Relations and Treasury Management.
Family Relationships
No family relationship
has ever existed between Ms. Gooldy and the Company.
Related Party
Transactions
There are no related
party transactions reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.
Employment
Agreement
There is currently
no employment agreement between Ms. Gooldy and the Company.
On October 29,
2014, the Company issued a press release announcing the appointment of Ms. Gooldy, a copy of which is attached to this Report as
Exhibit 99.1.
Item 9.01 |
Financial Statement and Exhibits |
The following
exhibit is furnished herewith:
Exhibit Number |
|
Description |
99.1 |
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Press Release, dated October 27, 2014 |
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.
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POWERSTORM CAPITAL CORP. |
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Date: December 29, 2014 |
By: |
/s/Michel Freni |
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Michel Freni |
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Chief Executive Officer |
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Exhibit 99.1
LOS
ANGELES
Powerstorm Capital Appoints
New Chief Financial Officer
Contact: |
Investor Relations |
For Immediate Release |
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invest.relation@powerstormcapital.com |
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Rancho Palos Verdes — October 27, 2014 — Powerstorm
Capital Corp. (OTC: PTSO) announced today that they have appointed Kirstin L. Gooldy as Chief Financial Officer, effective October
15, 2014.
Ms. Gooldy joins the Company with significant industry experience
in areas of due diligence and financial modeling, and a proven track record at translating strategy into execution. Prior to joining
Powerstorm Capital’s management team, Ms. Gooldy served as Controller at GAEA GROUP and
Senior Vice President of DiBari Group a leading specialty finance group. There, she was responsible
for the strategic growth, placement and funding of Venture Debt and Structured Finance transactions, and advised on over $350 Million
in placements. Ms. Gooldy was also one of the founding members of a premier Telecommunications Company and has held the positions
of Director of Finance, Treasury and Investor Relations. During her career she has successfully lead well over $500 Million in
capital investment transactions as well as several mergers and acquisitions.
“The addition of Ms. Gooldy to our team is a key development
for the company. Her wealth of experience combined with deep industry connections and capital partners will be a valuable addition
to our acquisition and financing efforts. Under Ms. Gooldy’s leadership, Powerstorm Capital will be well positioned to command
a significant international market presence, continue to improve our operating and financial efficiency and continue to create
shareholder value,” stated Powerstorm Capital Corp. CEO Michel Freni.
Ms. Gooldy commented, "I am delighted to join PSTO and
to support the great vision and mission of its founder and management team during such a dynamic and exciting time in energy storage
and communication industries. Powerstorm is in an excellent position to capitalize on this sector, fulfill its ‘power to
people’ mission and achieve continued growth in the coming years. I look forward to leveraging my financial experience to
further Powerstorm’s success and growth prospective.”
Powerstorm Capital Corp. (http://www.powerstormcapital.com)
maintains offices in Los Angeles, New York, and The Netherlands, headed by Powerstorm Capital Corp.’s President, Ana-Maria
Pruteanu, who takes the responsibility and overseas NEMA territories and works with her team to find the most efficient way to
meet Powerstorm’s pipeline and execution goals.
Powerstorm Capital has developed a containerized Energy Storage
Solution for tower operators and rural communities in the emerging markets. Powerstorm Capital has several patents pending for
its foundational and innovative technology. Powerstorm’s optimized containerized plug-and-play solution is CAPEX/OPEX
reducing, environmentally sound and easily installed in challenging environments. The system is built and ready to utilize –a
“mini-grid” that brings opportunity and quality of life to off-grid communities for the enormous numbers of people
without access to power.
This release contains forward-looking statements concerning
market developments for our products and corresponding value propositions for our customers. These forward-looking statements reflect
Powerstorm’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Powerstorm’s assumptions
relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market
demand.
These statements involve risks and uncertainties that may cause
Powerstorm’s actual results to be materially different, including general economic and regulatory changes, detrimental reliance
on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion
of these and other risk factors that could affect Powerstorm’s future performance, please refer to Powerstorm’s most
recent Annual Information on Form 10K. Readers should not place undue reliance on Powerstorm’s forward-looking statements
and Powerstorm assumes no obligation to update or release any revisions to these forward looking statements, other than as required
under applicable legislation.
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