-----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, PL4hUwaX8u/tC3tg3hWnbsMxAWarU9NvEI/WO9D3lW2Clu3U9M65A7H0F0dgkGTk 1gxhP+BXwj6Rprqq2K3IaQ== 0001043105-07-000038.txt : 20070918 0001043105-07-000038.hdr.sgml : 20070918 20070918102829 ACCESSION NUMBER: 0001043105-07-000038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070918 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070918 DATE AS OF CHANGE: 20070918 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IElement CORP CENTRAL INDEX KEY: 0001043105 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 760270295 STATE OF INCORPORATION: NV FISCAL YEAR END: 0307 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29331 FILM NUMBER: 071121543 BUSINESS ADDRESS: STREET 1: 17194 PRESTON ROAD STREET 2: SUITE 102 PMB 341 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 214-254-3425 MAIL ADDRESS: STREET 1: 17194 PRESTON ROAD STREET 2: SUITE 102 PMB 341 CITY: DALLAS STATE: TX ZIP: 75248 FORMER COMPANY: FORMER CONFORMED NAME: MAILKEY CORP DATE OF NAME CHANGE: 20040607 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL DIVERSIFIED ACQUISITION CORP DATE OF NAME CHANGE: 20030625 FORMER COMPANY: FORMER CONFORMED NAME: SUTTON TRADING SOLUTIONS INC DATE OF NAME CHANGE: 20020925 8-K 1 ie8k091807.htm IELEMENT CORPORATION FORM 8-K CURRENT REPORT IELEMENT CORPORATION FORM 8-K CURRENT REPORT
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-KCURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest reported) September 14, 2007
 
IELEMENT CORPORATION
_______________________________________________
(Exact name of registrant as specified in its charter)
 
NEVADA   000-29331    76-0270295
________________________________________________________________________
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
 
 
17194 Preston Road, Suite 102, PMB 341, Dallas, TX 75248
______________________________________________________________________
(Address of principal executive offices) (Zip Code)
 
 
Registrant's telephone number, including area code: (214) 254-3425
________________________________________________________________________
(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 (see General Instructions A.2 below):

[ ] 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 1.02 Termination of a Material Definitive Agreement.

On September 14, 2007 IElement terminated negotiations with Micro Data Systems. IElement and Micro Data Systems had previously entered into a letter of intent whereby IElement Corporation may have acquired Micro Data Systems in a merger transaction. IElement described the binding provisions of the Letter of Intent in its Form 8-K filed on August 13, 2007, all of which provisions have expired by their own terms.
 
Item 5.02(b) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 14, 2007 Art Eckert was removed from the Board of Directors. Mr. Eckert was removed as a result of the termination of negotiations with Micro Data Systems regarding a potential merger transaction. Mr. Eckert was previously appointed to the Board of Directors as an advisor to Micro Data Systems and to assist in the due diligence process.
 
 
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.
 
Date: September 17, 2007
 
IELEMENT CORPORATION
 
By: /s/Ivan Zweig
Name: Ivan Zweig
Title: Chief Executive Officer
 
 
  
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