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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) March 31, 1999
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THE RECOVERY NETWORK, INC.
(Exact name of registrant as specified in its charter)
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COLORADO 7812 39-1731029
(State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer
incorporation or organization) Classification Code Number) Indentification No.)
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1411 5th Street, Suite 250
Santa Monica, CA 90401
(Address of principal executive offices)
Registrant's telephone number including area code (310)393-3979
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Item 5. OTHER EVENTS
On March 31, 1999, Gary Horowitz resigned from his position as Chief Executive
Officer, a member of the Board of Directors, and as a member of various Board
committees of The Recovery Network, Inc. ("the Company"). On April 6, 1999,
Michael G. Clark resigned from his positions of Chief Financial Officer and
Secretary of the Company. Also on April 6, 1999, Donald Masters resigned from
his position as Executive Vice President of the Company. All three individuals
have agreed to provide additional future services to the Company on a consulting
basis, and Mr. Masters will remain as Chairman for the Company's National
Partnership for Recovery and Prevention, and as a Director on the Company's
Board of Directors.
In connection with these changes, William Moses, Chairman of the Board, has been
named President and Chief Financial Officer, Tracy Neal has been appointed as
Secretary, and Stacey Romm has been named Treasurer of the Company. These
appointments were made by the Board of Directors on April 6, 1999.
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SIGNATURE
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.
THE RECOVERY NETWORK, INC.
Date: April 7, 1999 By: /s/ William Moses
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William Moses
President and Chief Financial Officer
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Note to Investors
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Forward-looking statements in this filing are based on information
available to the Company on the date hereof. The Company's actual results could
differ materially from those stated or implied by such forward-looking
statements. The forward-looking statements should be considered in the context
of these and other risk factors disclosed in the Company's fiscal 1998 SEC Form
10-K, latest Form 10-Q (filed February 23, 1999), Form S-8 (filed February 19,
1999) and Form SB-2 (filed on October 27, 1998).