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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): September 2, 1999
OSAGE SYSTEMS GROUP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-22808 95-4374983
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification No.)
incorporation)
1661 East Camelback Road
Suite 245
Phoenix, AZ 85016
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(Address of principal executive office)
Registrant's telephone number, including area code: (602) 274-1299
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ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTOR'S
a) Effective as of September 2, 1999, Phil Carter, Director and Chief
Operating Officer of Registrant, resigned as a Director of Registrant's Board of
Directors by written registration dated August 31, 1999, without requesting that
the reasons for his resignation be disclosed.
b) Effective as of September 3, 1999, George Knight, Director and Member of
Registrant's Audit Committee, resigned by written resignation dated August 31,
1999, without requesting that the reasons for his resignation be disclosed.
c) The vacancies created by the resignations of Phil Carter and George
Knight have not yet been filled by Registrant's Board of Directors as of the
date of this Report on Form 8-K, but Registrant is making arrangements to fill
these two vacancies with two persons at least one of whom will be outside the
Company, in conformance with American Stock Exchange requirements relating to
"outside directors", as Registrant currently has one outside director serving on
its Board.
d) Both resignations were prompted by recent published disclosures
concerning the intentions of the Registrant's executive management team to
resign, and the later public disclosures rescinding such plans. The executive
management team comprises Jack Leadbeater, David Olson and John Iorillo, who
continue to occupy their positions as Registrant's Chief Executive Officer,
President and Chief Financial Officer, respectively.
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 hereunto duly authorized.
OSAGE SYSTEMS GROUP, INC.
By: /s/ Jack Leadbeater
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Jack Leadbeater
Chief Executive Officer
Date: September 16, 1999
