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 of 1934
Date
of Report (Date of earliest event reported): April 28,
2009
GREEN
BUILDERS, INC.
(Exact
name of registrant as specified in its charter)
Texas
(State
or other jurisdiction
of
incorporation)
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001-33408
(Commission
File
Number)
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76-0547762
(IRS
Employer
Identification Number)
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|
|
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8121
Bee Caves Road
Austin,
Texas 78746
(Address
of principal executive
offices)
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(512)
732-0932
(Registrant’s
telephone number, including area
code)
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N/A
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(Former
Name of Former Address, if Changed Since Last Report)
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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:
□ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
□ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
□ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR
240.14d-2(b))
□ 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 April
28, 2009, Victor Ayad announced his resignation from his position as a member of
the Board of Directors (the “Board”) of Green Builders, Inc. (the “Company”), to
be effective immediately. Mr. Ayad informed the Company that
his resignation was not a result of any disagreement with the Company on any
matter relating to the Company’s operations, policies or
practices. Mr. Ayad recently entered into a new business that may
result in Mr. Ayad investing in real estate in the central Texas area and
selling that real estate to home and commercial builders, such as the Company
and the Company’s competitors. Due to this new business opportunity
for Mr. Ayad, Mr. Ayad and the Company felt it was in the best interest of the
Company for him to resign from his position on the Board at this
time.
Item
8.01 Other Events.
On April
28, 2009, the Company issued a press release announcing that its exchange
listing compliance plan submitted on February 23, 2009 to the NYSE AMEX LLC
(formerly the American Stock Exchange) has been accepted. A copy of
the press release is attached hereto as Exhibit 99.1 and is incorporate herein
by reference.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
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Description
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99.1
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Press
Release dated April 28,
2009
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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.
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GREEN
BUILDERS, INC.
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Dated: April
28, 2009
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By:
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/s/
Clark Wilson
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Clark
Wilson
President
and Chief Executive Officer
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