-----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, VIjHhNhaHdsjDT4yH4ZXEQvaFfPhf9hHH6GZztk4NIJVoa1AlUbXAevXN7hkbSuc qrWQe7NzZD6hRbGo2V/l6A== 0001083742-09-000003.txt : 20090209 0001083742-09-000003.hdr.sgml : 20090209 20090209121628 ACCESSION NUMBER: 0001083742-09-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090209 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events FILED AS OF DATE: 20090209 DATE AS OF CHANGE: 20090209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTREPID TECHNOLOGY & RESOURCES, INC. CENTRAL INDEX KEY: 0001083742 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 820230842 STATE OF INCORPORATION: ID FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30065 FILM NUMBER: 09579716 BUSINESS ADDRESS: STREET 1: 501 WEST BROADWAY STREET 2: SUITE 200 CITY: IDAHO FALLS STATE: ID ZIP: 83442 BUSINESS PHONE: 2085295337 MAIL ADDRESS: STREET 1: 501 WEST BROADWAY STREET 2: SUITE 200 CITY: IDAHO FALLS STATE: ID ZIP: 83442 FORMER COMPANY: FORMER CONFORMED NAME: INTREPID TECHNOLOGY & RESOURCE INC DATE OF NAME CHANGE: 20000202 8-K 1 f200902078kdoresign.htm RESIGNATION OF DIRECTORS AND OFFICERS SECURITIES AND EXCHANGE COMMISSION








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


February 7, 2009


Intrepid Technology & Resources, Inc.

(Exact Name of Registrant as Specified in Charter)




Idaho

000-30065

82-0230842

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)



501 West Broadway, Suite 200, Idaho Falls, Idaho

83402

(Address of principal executive offices)

(Zip code)

 

 

Registrant’s telephone number, including area code:

(208) 529-5337

 

 












ITEM 5.02 Departure of Directors or Certain Officers

ITEM 8.01 Other Events

  

The present Board and Management have long struggled to preserve value for all Intrepid stakeholders. In spite of our efforts, the Company has become insolvent and operations have ceased.

The Board and Management have been unsuccessful in securing and paying for directors & officers liability coverage past February 7, 2009.  The Board and Management now recognize that the senior secured lenders are the major stakeholders in Intrepid Technology & Resources, Inc. and its subsidiaries.  Consequently, these stakeholders should determine the future governance and management of the Company and its assets.

As a result, Intrepid Technology & Resources, Inc. announces today that all the directors and officers of the Company have resigned, effective 5:00 pm MST, Saturday, February 7, 2009, with the exception of Jacob Dustin who will continue as President in order to provide continuity and signature authority and to facilitate such future actions as may be required.

Such resignations are not a result of any disagreement between directors and officers.

DISCLAIMER:  Statements released by Intrepid Technology and Resources, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.






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:

February 7, 2009

INTREPID TECHNOLOGY & RESOURCES, INC.

 

 

 

By:

/s/ D.Lynn Smith

 

Name:

D. Lynn Smith

 

Title:

Chairman of the Board

 

 

 

By:

/s/ John D. Haffey

 

Name:

John D. Haffey

 

Title:

Chief Executive Officer






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