0001144204-11-059606.txt : 20111027 0001144204-11-059606.hdr.sgml : 20111027 20111027060249 ACCESSION NUMBER: 0001144204-11-059606 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20111021 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111027 DATE AS OF CHANGE: 20111027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QKL Stores Inc. CENTRAL INDEX KEY: 0000808047 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 752180652 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34498 FILM NUMBER: 111160215 BUSINESS ADDRESS: STREET 1: 1 NANREYUAN STREET STREET 2: DONGFENG ROAD , SARTU DISTRICT CITY: DAQING STATE: F4 ZIP: 163300 BUSINESS PHONE: 3124540312 MAIL ADDRESS: STREET 1: 1 NANREYUAN STREET STREET 2: DONGFENG ROAD , SARTU DISTRICT CITY: DAQING STATE: F4 ZIP: 163300 FORMER COMPANY: FORMER CONFORMED NAME: QKL Stores, Inc. DATE OF NAME CHANGE: 20080619 FORMER COMPANY: FORMER CONFORMED NAME: FORME CAPITAL INC DATE OF NAME CHANGE: 19920703 8-K 1 v238264_8-k.htm FORM 8-K Unassociated Document
 
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 1934

Date of Report (date of earliest event reported): October 21, 2011

QKL STORES INC.
(Exact name of registrant as specified in charter)

Delaware
033-10893
75-2180652
(State of Incorporation)
 (Commission File No.)
(IRS Employer
Identification No.)
 
4 Nanreyuan Street
Dongfeng Road
Sartu District
163300 Daqing, PRC
(Address Of Principal Executive Offices) (Zip Code)
 
(011) 86-459-460-7825
(Registrant’s Telephone Number, Including Area Code)

________________________________________
(Former Name or Former Address, is Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
Item 5.02 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 21, 2011, the board of directors (the “Board”) of QKL Stores Inc. (the “Company”) received notification from Mr. Gary Crook, that he resigned as a member of the Board of the Company, effective immediately.  At the time of his resignation, Mr. Crook also served as Chairman of the Audit Committee and as a member of the Compensation Committee and Corporate Governance Committee.

Mr. Crook submitted his resignation to the Board via email on November 21, 2011. There were no disagreements between Mr. Crook and the Company on any matter relating to the Company’s operations, policies or practices, which resulted in his resignation.  A copy of Mr. Crook’s resignation letter is included with this 8-K as Exhibit 17.1 and incorporate herein in its entirety by reference.

The Company has provided Mr. Crook a copy of the disclosures it is making in this item 5.02.  The Company has also provided him the opportunity to furnish the Company a letter addressed to the Company stating whether he agrees with the statements made by the Company in this Item 5.02, and, if not, stating the respects in which he does or does not agree. On October 26, 2011, Mr. Crook provided the Company a letter in which Mr. Crook stated that he agrees with the statements made herein.  A copy of the letter is included with this 8-K as Exhibit 17.2.

Item 9.01 
Financial Statements and Exhibits

(d) Exhibits

Exhibit No.
  
Description
     
17.1
  
Resignation Letter from Mr. Gary Crook, dated as of October 21, 2011.
     
17.2
  
Letter from Mr. Gary Crook, dated as of October 26, 2011.
 
 
 
 
 
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.

 
QKL STORES INC.
     
     
 
By: /s/ Tsz-Kit Chan
     
 
Name:  
Tsz-Kit Chan
     
 
Title:
Chief Financial Officer
Date: October 27, 2011
 
 
 
 
 
EXHIBIT INDEX

Exhibit
Description
17.1
Resignation Letter from Mr. Gary Crook, dated as of October 21, 2011.
17.2
Letter from Mr. Gary Crook, dated as of October 26, 2011.

 
 
 
EX-17.1 2 v238264_ex17-1.htm EXHIBIT 17.1 Unassociated Document
 
Exhibit 17.1
 
October 21, 2011
 
Mr. Zhuangyi Wang
Chairman and Chief Executive Officer
QKL Stores, Inc.
4 Nanreyuan Street
Dongfeng Road
Sartu District
Daqing, P.R. China 163311
 
Re: Resignation
 
Dear Mr. Wang;
 
I hereby tender my resignation as a member of the board of directors and all associated board committees of QKL Stores, Inc. effective immediately.
 
Thank you and the other board members for the opportunity to serve. I have very much enjoyed my association and wish you, the board, management and all of the fine people of QKL all the best in the future.
 
Regards,
 
/s/ Gary Crook
Gary Crook
 
cc: Eric Doering, Loeb and Loeb
 
 
 
 
EX-17.2 3 v238264_ex17-2.htm EXHIBIT 17.2 Unassociated Document
 
Exhibit 17.2
 
October 26, 2011
 
Mr. Zhuangyi Wang
Chairman and Chief Executive Officer
QKL Stores, Inc.
4 Nanreyuan Street
Dongfeng Road
Sartu District
Daqing, P.R. China 163311

Dear Mr. Wang;

I have reviewed a draft of the 8-K regarding my resignation as a director of QKL Stores, Inc. and agree with the statements contained in the documents.

Regards,
 
/s/ Gary Crook
Gary Crook

cc: Eric Doering, Loeb and Loeb