|"February 28, 2005 James B. Terrell and Shane H. Traveller gave resignation letters".. |
SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
On February 28, 2005 James B. Terrell and Shane H. Traveller gave resignation letters to the Board of Directors of 21st Century Technologies, Inc (the "Company"). The Company accepted their resignations on March 4, 2005. James B. Terrell served as Chairman of the Board of Directors and Shane H. Traveller served as Chairman of the Audit Committee of the Board of Directors.
Further details are disclosed in the press release attached as Exhibit 99.1 to this report and the resignation letters from James B. Terrell and Shane H. Traveller attached as Exhibit 99.2 and 99.3, respectively.
DIRECTORS TERRELL AND TRAVELLER RESIGN FROM 21ST CENTURY TECHNOLOGIES, INC.'S BOARD
Las Vegas, Nev. - March 7, 2005 - 21st Century Technologies, Inc. (the "Company") (OTC: TFCY.PK) today announced that James B. Terrell and Shane H. Traveller have resigned from the Company's Board of Directors. Mr. Terrell served as Chairman of the Board and Mr. Traveller served as Chairman of the Audit Committee.
John R. Dumble, President and Chief Executive Officer of the Company, said, "I am deeply appreciative of the contributions made by Jim Terrell and Shane Traveller during their tenure on the Company's Board of Directors. With their counseling, the Company was able to achieve several of its objectives as a business development company. While I am saddened to see these gentlemen go, I respect their desire to bring new faces onto the Board to help Shepard the Company through the coming months."
The Company is a business development company operated pursuant to the Investment Company Act of 1940. It holds various enterprises as investments and seeks to grow companies in which it has an interest.
Statements that are not historical facts contained in this press release are forward-looking statements that involve certain risks and as are further detailed in the Company's filings with the Securities and Exchange Commission.
Gemini Financial Communications
A. Beyer, 951-693-4534 (10 a.m.-12 p.m. PT Mon.-Fri.) firstname.lastname@example.org
Obviously didn't stop him from being involved in all those other companies (Steve Peacock/Javelin/BEYER) related companies). I wonder if this was about the time he changed the address for Sequoia International? It used to be in the US and changed to the TURKS and CAICOS Islands.