UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2015
Commission File Number: 000-32981
QWICK MEDIA
INC.
(Translation of registrant's name into English)
8652 Commerce Court, Burnaby, BC V5A 4N6
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F. Form 20-F
[X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the
submission in paper of a Form 6-K if submitted solely to provide an attached
annual report to security holders.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the
submission in paper of a Form 6-K if submitted to furnish a report or other
document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrants home country), or under the
rules of the home country exchange on which the registrants securities are
traded, as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrants security
holders, and, if discussing a material event, has already been the subject of a
Form 6-K submission or other Commission filing on EDGAR.
- 2 -
SUBMITTED HEREWITH
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.
Date: September 9, 2015
QWICK MEDIA INC.
(Registrant)
By: Greg
Dureault
News Release
Qwick Media Announces Appointment of New Chief Operating
Officer
Vancouver, British Columbia- September 4, 2015 - Qwick Media
(CSE: QMI) the leader in interactive proprietary software for digital media
applications is pleased to announce that Peter Nieforth has been appointed Chief
Operating Officer (COO) effective immediately.
Nieforth, 46, is a 19 year technology and investment veteran
with successful experience with three startups, and over 50 million in capital
raised in his career. Nieforth was instrumental in bringing Vitrium Systems, Mob
Safety/Smart Fleet, and TicTalking to market. Nieforth has a background in
retail investments and corporate finance with Midland-Walwyn, Merrill Lynch,
Yorkton Securities, and BMO Bank of Montreal.
As COO, Nieforth will have overall responsibility for the
companys global growth, including strategic business development, implementing
global growth strategies, and overseeing the companys WuXi, China operation. He
will continue to focus on building a strong, customer, focused organization,
while increasing efficiency across all aspects of operations. In addition, he
will maintain senior management responsibilities for sales, marketing, logistics
and technology.
Peter is a seasoned and trusted leader who consistently
delivers results. His addition to our team strengthens our executive management
team and greatly adds to our capacity to implement our growth strategy, says
Ross Toucher, CEO. Peters outstanding leadership and deep knowledge of the
industry will be instrumental in aligning Qwick Media to meet the present and
future needs of our customers worldwide. Qwick Medias touchscreen software
solutions allow customers to easily communicate with their customers in real
time. With over four years of working with beta customers, the company is
deploying systems globally with recurring fees under end user licenses.
The Board of Directors of the Company has authorized the
issuance of 1,000,000 stock options to Mr. Nieforth, each of which is
exercisable into one common share of the Company at a price of $0.20 per share
until August 6, 2020, and is subject to the terms of the Companys stock option
plan. The options will vest over a two year period, with one half vesting on the
date of grant, one quarter on the first anniversary date and one quarter on the
second anniversary date.
About Qwick Media
Qwick Media provides content management systems for the
delivery of private channels into high traffic locations. Touch screen media,
and interactive signage allow consumers to engage themselves with interactive
directories, wayfinding, reward coupons and drive other on-demand media
applications. To find out more please visit our new website at: http://www.qwickmedia.com
For further information, contact:
Greg Dureault
Vice-President and General Counsel
Tel.
604 338 8820
Email: greg@qwickmedia.com
51-102F3
MATERIAL CHANGE REPORT
Item 1 |
Name and Address of
Company |
|
|
|
Qwick Media Inc. (the
Company) |
|
8652 Commerce Court |
|
Burnaby, BC V5A 4N6 |
|
|
Item 2 |
Date of Material Change
|
|
|
|
September 4, 2015 |
|
|
Item 3 |
News Release |
|
|
|
The news release was disseminated
on September 4, 2015 through Market News and Stockwatch. |
|
|
Item 4 |
Summary of Material Change
|
|
|
|
The Company announced the appointment of Peter Nieforth
as the chief operating officer of the Company and the grant of 300,000
stock options to Mr. Nieforth. |
|
|
Item 5 |
Full Description of Material Change |
|
|
5.1 |
Full Description of Material Change |
|
|
|
The Company announced the appointment of Peter Nieforth
as the chief operating officer of the Company. Mr. Nieforth is a 19 year
technology and investment veteran with successful experience with three
startups, and over 50 million in capital raised in his career. Nieforth
was instrumental in bringing Vitrium Systems, Mob Safety/Smart Fleet, and
TicTalking to market. Nieforth has a background in retail investments and
corporate finance with Midland-Walwyn, Merrill Lynch, Yorkton Securities,
and BMO Bank of Montreal. |
|
|
|
In connection with Mr. Nieforths appointment, the Board
granted Mr. Nieforth 300,000 stock options, each of which is exercisable
into one common share of the Company (each, a Share) at a price
of $0.20 per Share until August 6, 2020, and is subject to the terms of
the Companys stock option plan. The options will vest over a two year
period, with one half vesting on the date of grant, one quarter on the
first anniversary date and one quarter on the second anniversary date.
|
|
|
|
See attached news release for a full description of the
material change. |
|
|
5.2 |
Disclosure for Restructuring Transactions
|
|
|
|
N/A |
|
|
Item 6 |
Reliance on subsection 7.1(2) or (3) of National
Instrument 51-102 |
|
|
|
N/A |
|
|
Item 7 |
Omitted Information |
|
|
|
None |
Item 8 |
Executive Officer |
|
|
|
Greg C. Dureault |
|
Vice President and General
Counsel |
|
Phone: 604.338.8820 |
|
|
Item 9 |
Date of Report |
|
|
|
September 8, 2015
|
News Release
Qwick Media Announces Appointment of New Chief Operating
Officer
Vancouver, British Columbia- September 4, 2015 - Qwick Media
(CSE: QMI) the leader in interactive proprietary software for digital media
applications is pleased to announce that Peter Nieforth has been appointed Chief
Operating Officer (COO) effective immediately.
Nieforth, 46, is a 19 year technology and investment veteran
with successful experience with three startups, and over 50 million in capital
raised in his career. Nieforth was instrumental in bringing Vitrium Systems, Mob
Safety/Smart Fleet, and TicTalking to market. Nieforth has a background in
retail investments and corporate finance with Midland-Walwyn, Merrill Lynch,
Yorkton Securities, and BMO Bank of Montreal.
As COO, Nieforth will have overall responsibility for the
companys global growth, including strategic business development, implementing
global growth strategies, and overseeing the companys WuXi, China operation. He
will continue to focus on building a strong, customer, focused organization,
while increasing efficiency across all aspects of operations. In addition, he
will maintain senior management responsibilities for sales, marketing, logistics
and technology.
Peter is a seasoned and trusted leader who consistently
delivers results. His addition to our team strengthens our executive management
team and greatly adds to our capacity to implement our growth strategy, says
Ross Toucher, CEO. Peters outstanding leadership and deep knowledge of the
industry will be instrumental in aligning Qwick Media to meet the present and
future needs of our customers worldwide.
Qwick Medias touchscreen software solutions allow customers to
easily communicate with their customers in real time. With over four years of
working with beta customers, the company is deploying systems globally with
recurring fees under end user licenses.
The Board of Directors of the Company has authorized the
issuance of 1,000,000 stock options to Mr. Nieforth, each of which is
exercisable into one common share of the Company at a price of $0.20 per share
until August 6, 2020, and is subject to the terms of the Companys stock option
plan. The options will vest over a two year period, with one half vesting on the
date of grant, one quarter on the first anniversary date and one quarter on the
second anniversary date.
About Qwick Media
Qwick Media provides content management systems for the
delivery of private channels into high traffic locations. Touch screen media,
and interactive signage allow consumers to engage themselves with interactive
directories, wayfinding, reward coupons and drive other on-demand media
applications. To find out more please visit our new website at: http://www.qwickmedia.com
For further information, contact:
Greg Dureault
Vice-President and General Counsel
Tel.
604 338 8820
Email: greg@qwickmedia.com
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