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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) September 25, 2000 (September
19, 2000) ------------------------------
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SAN DIEGO SOCCER DEVELOPMENT CORPORATION
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)
000-27487 33-0770630
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(Commission File Number) (IRS Employer Identification No.)
5222 Balboa Avenue, Suite 24, San Diego, California 92117-6951
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (858) 581-2120
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2123 Garnet Avenue, Suite B, San Diego, California 92019
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS - RESIGNATION OF REGISTRANT'S OFFICER
On September 19, 2000, Mr. Yan Skwara tendered his resignation to
the Registrant of his position of Chief Executive Officer. On that same date,
Ms. Trisha Bollman resigned as Secretary of the Registrant. The Board has
named Mr. Sarkis Kaloustian to the positions of Chief Executive Officer, to
replace Mr. Skwara. The Registrant has not yet named a Chief Financial
Officer and Secretary. A copy of Mr. Skwara's letter of resignation is
included herewith.
ITEM 5. APPOINTMENT OF REGISTRANT'S DIRECTOR
Registrants had two vacancies on its Board of Directors. Pending
election by the shareholders at the next annual meeting and effective September
21, 2000, the current Board of Directors of Registrant appointed the following
individuals to serve on the Board.
JAMES UPTON, 52, DIRECTOR. Mr. Upton is the Executive Vice President of
Peacock Financial Corporation. Mr. Upton brings 27 years of general business and
real estate development experience to this team. Mr. Upton is experienced in
closely monitoring every aspect of Peacock's many investments utilizing
computer-generated management/administrative systems. Mr. Upton has an extensive
background in cost accounting, and has developed an operations audit management
system that is effective in insuring revenue streams for Peacock Sports
investments and soccer franchises. Mr. Upton provides significant managerial
support, and serves on the Board of Directors for various Companies in which
Peacock has acquired ownership positions.
JEFFREY SCOTT, 37, DIRECTOR. Mr. Scott is the owner of Global Soccer
Concepts, Ltd., which is a consulting business he started. He is also is the
chairman of the board of the Soccer Council of San Diego. Prior to this, Mr.
Scott served for 13 years as the head professional coach for the Pensaquitos
Youth Soccer Association. During this time he also served on the club's Board of
Directors, first as the Director of Facilities and later as the Director and
Co-Founder of the club's annual tournament. Mr. Scott oversaw the construction
of several park projects and was responsible for maintenance and scheduling. He
also directed the fund raising activities for the Pensaquitos Youth Soccer
Association through the development of corporate sponsorship and community
relations. Mr. Scott's career as an educator began 12 years ago as an
instructional aide in a kindergarten classroom and culminated as a middle school
Physical Education instructor and Assistant Athletic Director.
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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.
Dated: September 25, 2000 SAN DIEGO SOCCER DEVELOPMENT CORPORATION
/s/ Sarkis Kaloustian
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By: Sarkis Kaloustian
Its: Chief Executive Officer and Director
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Pacific Capital Relations
Mr. Yan Skwara
748 Archer, Suite A
San Diego, CA 92109
San Diego Soccer Development Corporation
Board of Directors
5222 Balboa Blvd., Suite 24
San Diego, CA 92117
September 19, 2000
Dear Gentlemen:
Effective immediately, I formally resign from my position as Chief
Executive Officer and President of SDSDC. I want to thank you for the
opportunity to represent the company over the past three years however based on
the evolving growth of our company it is in the best interest of shareholders
and for future growth that the board accept my resignation.
As per my prior discussions with the Chairman, Steven Peacock, my
contract with SDSDC will essentially be transferred to Pacific Capital Relations
whereas SDSDC will enter into a three-year contract with Pacific Capital
Relations effective immediately.
I look forward to assisting in the development and growth of SDSDC. I
am always available in any way I may be able to serve the need of the company. I
will continue to maintain my seat on the board of directors and will attend all
board meetings personally or via teleconference.
Sincerely,
/s/ Yan Skwara
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Yan Skwara
Board of Directors
YKS/tmb
