-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RVAt/1VuFLw95M7jFbYR8llaUYs+5/gQIqWg2DWFw9AWyLR40ZSAT5pZudoqfbJn 5+cxPlllq65DY1Cjt4WDHg== 0001144204-08-030383.txt : 20080516 0001144204-08-030383.hdr.sgml : 20080516 20080516145929 ACCESSION NUMBER: 0001144204-08-030383 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080516 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: StatSure Diagnostic Systems, Inc. CENTRAL INDEX KEY: 0000885534 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 911549305 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21284 FILM NUMBER: 08841940 BUSINESS ADDRESS: STREET 1: 1 CLARKS HILL RD. CITY: FRAMINGHAM STATE: MA ZIP: 01702 BUSINESS PHONE: 508.872.2625 MAIL ADDRESS: STREET 1: 1 CLARKS HILL RD. CITY: FRAMINGHAM STATE: MA ZIP: 01702 FORMER COMPANY: FORMER CONFORMED NAME: SALIVA DIAGNOSTIC SYSTEMS INC DATE OF NAME CHANGE: 19960122 8-K 1 v114945_8k.htm
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
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): May 16, 2008
StatSure Diagnostic Systems, Inc.

(Exact name of Registrant as specified in its charter)   

Delaware

(State or other jurisdiction of incorporation)
 
 
 
 
 
000-21284
 
 
 
91-1549305
 
 
 
 
 
(Commission
 
 
 
(IRS Employer
File Number)
 
 
 
Identification No.)
 
 
 
 
 
1881 Worcester Rd.  #200, Framingham, MA.
 
01701
 
 
 
(Address of principal executive offices)
 
(Zip Code)
 
508.872.2625

(Registrant’s telephone number, including area code)
 
Saliva Diagnostic Systems, Inc.

(Former name or former address, if 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:
 
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.

The Company announced that effective July 1, 2008, Mr. Steve M. Peltzman, Chairman of the Board and Chief Executive Officer, and Mr. D. Bruce Pattison, President, Chief Operating Officer and Director, have resigned. Messrs Peltzman and Pattison, have indicated that they will enter into Consulting Agreements with StatSure. In addition, Mr. Richard Woodrich has resigned as Director. Concurrently, the Board elected Mr. Moishe Bodner, currently Vice President of the Company, as Chief Executive Officer and Director, and Mr. Leo Ehrlich, the current Chief Financial Officer and Director, was elected as the President, Chief Operating Officer effective July 1, 2008.

ITEM 7.01.  REGULATION FD DISCLOSURES.

On March 20, 2008, the Company issued a press release titled “StatSure Diagnostic Systems, Inc. Announces First Quarter Revenues And Management Changes.” A copy of the press release is furnished herewith as Exhibit 99.1.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 and Exhibits 99.1 and 99.2 in this Current Report on Form 8-K shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing.  This Current Report on Form 8-K does not constitute a determination of whether any information included herein is material.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit  99.1 - Press Release titled “StatSure Diagnostic Systems, Inc. Announces First Quarter Revenues And Management Changes” dated May 16, 2008.  

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.
 
 
 
 
 
 
 
StatSure Diagnostic Systems, Inc.
 
     
Date: May 16, 2008
By:  
/s/ Leo Ehrlich  
 
 
 
Leo Ehrlich 
 
 
 
Chief Financial Officer 
 
 
 
 

 
 
 
EX-99.1 2 v114945_ex99-1.htm
Exhibit  99.1
 

StatSure Diagnostic Systems, Inc. Announces First Quarter Revenues And Management Changes
 

StatSure Diagnostic Systems, Inc. (OTCB - “SSUR”) today announced its financial results for the three months ended March 31, 2008. The increase in revenue for the three months in 2008 consists of greater sales of our saliva collectors and an increase in license fees from the Company’s various license agreements with ChemBio and Inverness.
 
 
 
Three Months Ended March 31,
 
 
 
2008
 
2007
 
Product Sales
 
$
224,370
 
$
142,862
 
Royalty and Other Income
   
35,800
   
10,986
 
Selling, general and administrative
   
244,579
   
495,604
 
 
Additionally, the Company announced that effective July 1, 2008, Mr. Steve M. Peltzman, Chairman of the Board and Chief Executive Officer, and Mr. D. Bruce Pattison, President, Chief Operating Officer and Director, have resigned. Messrs Peltzman and Pattison, have indicated that they will enter into Consulting Agreements with StatSure. In addition, Mr. Richard Woodrich has resigned as Director.  Concurrently, the Board elected Mr. Moishe Bodner, currently Vice President of the Company, as Chief Executive Officer and Director, and Mr. Leo Ehrlich, the current Chief Financial Officer and Director, was elected as the President, Chief Operating Officer effective July 1, 2008.

The incoming Chief Executive Officer noted that the Company accepted the resignations of Mr. Peltzman and Mr. Pattison with regret, and thanked them for their services.  As Mr. Bodner pointed out “Their commercial leadership and expertise with respect to strategic partnering and regulatory affairs raised StatSure to a new level in consummating the transactions with Inverness and ChemBio, as well as other transactions which will allow us to increase the revenues and margins from our existing products and technology. While they have reduced their time commitments to the Company, StatSure will be able to avail itself of their knowledge and expertise as consultants to the Company.”

The Company also announced that it had been granted a patent on one of its key technologies in Brazil.

For further information, please contact:
Mo Bodner 347-394-3641
mobodner@statsure.com
 
 
 

 
-----END PRIVACY-ENHANCED MESSAGE-----