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 15, 2008
PLAYBOX (US)
INC.
(Exact
name of registrant as specified in its charter)
Nevada
|
000-52753
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n/a
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(State
or other jurisdiction of
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(Commission
File
|
(IRS
Employer Identification
|
incorporation)
|
Number)
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No.)
|
|
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Suite
3.19, 130 Shaftesbury Avenue,
London,
England
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W1D 5EU
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(Address
of principal executive offices)
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(Zip
Code)
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44 20 7031
1187
Registrant's
telephone number, including area code
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K 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 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
1.01 Entry
Into Material Definitive Agreement
On
October 15, 2008, Playbox (US) Inc., a Nevada corporation, (the “Registrant” or
“Company” or “Playbox”), entered into a Settlement Agreement and General Mutual
Release (the “Settlement Agreement”) with Henry C. Maloney, a
director and executive officer of the Company (“Maloney”).
Under the
terms of the Agreement, Maloney received 700,000 restricted shares of the common
stock of the Company in full and final settlement of any dispute and controversy
regarding any cash compensation payable to Maloney by Playbox for his service as
an officer and director of the Company.
The
foregoing description of the Settlement Agreement does not purport to be
complete and is qualified in its entirety by reference to the agreement, a
copy of which is filed as Exhibit 99.1, and incorporated by
reference.
Item
5.02 Departure
of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers
By
written consent on October 23, 2008, the Board of Directors of Playbox (US) Inc.
accepted the resignation of Henry C. Maloney (“Maloney”) from the position of
Director of Business Strategy and as a member of the Board of
Directors.
As
Maloney’s final action, Mr. Gideon Jung (“Mr. Jung”) was duly nominated, elected
and appointed to serve as an executive officer of the Company with the title
“Director of Business Development”. In addition, Mr. Jung was appointed to the
Board of Directors effective October 23, 2008.
Following
the appointment of Mr. Jung, the Company’s directors and officers
were:
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Name of Director
:
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Office
:
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1.
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Robert
Burden
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President,
Chief Executive Officer, Chief
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|
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Financial
Officer, Treasurer, and Secretary
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|
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2.
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Gideon
Jung
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Director
of Business Development
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(a) Not
applicable
(b) Not
applicable
(c) Not
applicable
(d) Exhibits:
Exhibit No.
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Exhibit
Description
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99.1
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Settlement
Agreement with Harry Maloney
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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 thereunto
duly authorized.
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Date:
November 6, 2008
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Playbox
(US) Inc.
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|
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By:
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/
s/ Robert Burden
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Robert
Burden
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President
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