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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
Date of Report (Date of earliest event reported): October 28, 1997
(October 23, 1997)
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SEQUESTER HOLDINGS, INCORPORATED
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
NEVADA 33-06827LA 95-4532103
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification No.)
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2835 TOWNSGATE ROAD, SUITE 110
WESTLAKE VILLAGE, CALIFORNIA 91361
(Address of principal executive offices) (Zip Code)
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(805) 494-6687
(Registrant's telephone number,
including area code)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS.
At a Special Meeting of the Board of Directors, held on October 21,
1997, Wellington A. Ewen resigned as President of the Company. Pursuant to
resolutions adopted by the Company's Board of Directors Steve Karl Karsh was
appointed as President effective October 21, 1997 and Secretary and a Director
effective October 23, 1997.
The above appointments fill the vacancies created by the resignation of
Bonnie L. Richards as an Officer and a Director effective October 23, 1997 and
the resignation of Wellington A. Ewen as President effective October 21, 1997.
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS.
By letter dated September 23, 1997, Bonnie L. Richards resigned as an
Officer and Director of the Company for personal reasons effective as of October
23, 1997. There were no disagreements between the Company and Bonnie L. Richards
on any matter relating to the Registrant's operations, policies or practices.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
EXHIBITS
EXHIBIT NUMBER EXHIBIT
17.1 Letter on Director Resignation
SIGNATURES
Pursuant to the requirement 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.
SEQUESTER HOLDINGS, INCORPORATED
Date: October 28, 1997 By: /s/ Steve K. Karsh
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Steve K. Karsh
President, Secretary
and Director
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EXHIBIT INDEX
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Exhibit
Number Exhibit
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17.1 Letter on Director Resignation
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Exhibit 17.1
Letter on Director Resignation from Bonnie L. Richards
Bonnie Richards
4791 Parma Lane
Agoura Hills, CA 91301
September 23, 1997
Wellington A. Ewen
President, Chief Financial Officer
SeQuester Holdings, Incorporated
2835 Townsgate Road, Suite 110
Westlake Village, CA 91361
Dear Mr. Ewen:
I hereby resign as Vice President, Secretary and Director of SeQuester
Holdings, Incorporated and SeQuester Incorporated. Please accept this letter as
30 days notice as required by my employment contract.
Very truly yours,
/s/ Bonnie L. Richards
Bonnie L. Richards
cc: Stephen R. Miller, M.D. - Director
Clark M. Holcomb
