Hydrogen Corp - Current report filing (8-K)
29 November 2007 - 8:33AM
Edgar (US Regulatory)
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)
November
21, 2007
HYDROGEN
CORPORATION
(Exact
name of registrant as specified in charter)
Nevada
(State
or
other Jurisdiction of Incorporation or Organization)
(Commission
File Number)
|
|
(IRS
Employer Identification No.)
|
0-32065
|
2
Juniper Street
Versailles,
PA 15132
(Address of Principal Executive Offices and zip code)
|
86-0965692
|
(412)
405-1000
(Registrant’s
telephone number, including area code)
N/A
(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 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(b) under the Exchange Act (17 CFR
240.14a-12(b))
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 3.01.
|
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.
|
On
November 21, 2007, HydroGen Corporation (the “Company”) received a Nasdaq Staff
Deficiency Letter indicating that the Company fails to comply with the
independent director requirements for continued listing on the Nasdaq Stock
Market set forth in Marketplace Rule 4350(c)(1), which requires that the Company
maintain a majority of independent directors on its Board of Directors. The
Company's Board of Directors is currently comprised of eight members, four
of
whom are independent directors.
The
reduction in the number of independent directors on the Board of Directors
of
the Company came as a result of the appointment of John J. Freeh, the former
Lead Independent Director, to the position of Chief Executive Officer on
November 10, 2007. The Company intends to come into compliance with the
independent director requirements by appointing one additional independent
director to its Board of Directors.
Item 7.01.
|
Regulation
FD Disclosure.
|
On
November 28, 2007, the Company issued a press release announcing that it had
received a Nasdaq Staff Deficiency Letter indicating that the Company fails
to
comply with the independent director requirements for continued listing. A
copy
of the press release is attached hereto as Exhibit 99.1 to this Current Report
and is incorporated by reference herein.
The
information in this Item 7.01, including that incorporated herein by
reference, is being furnished and shall not be deemed filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that Section. The information in this Item,
including that incorporated herein by reference, shall not be deemed
incorporated by reference into any registration statement or other document
pursuant to the Securities Act of 1933, as amended.
Item 9.01.
|
Financial
Statements and Exhibits.
|
Exhibit No.
|
|
Description
|
99.1
|
|
Press
Release of HydroGen Corporation dated November 28,
2007.
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Date:
November 28, 2007
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HYDROGEN
CORPORATION
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|
|
|
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By:
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/s/
Joshua Tosteson
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Name:
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Joshua
Tosteson
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Title:
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President
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EXHIBIT
INDEX
Exhibit No.
|
|
Description
|
99.1
|
|
Press
Release of HydroGen Corporation dated November 28,
2007.
|
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