-----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, F9dIh6QzONeLShmHZlcx7IBAeIVbygqRNklUipIvFKtP+/hDiBzk4VOMnpu+g3x7 ke1q7NefMWNWBXXndRhVPA== 0001019687-09-000308.txt : 20090127 0001019687-09-000308.hdr.sgml : 20090127 20090127160816 ACCESSION NUMBER: 0001019687-09-000308 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20090127 DATE AS OF CHANGE: 20090127 EFFECTIVENESS DATE: 20090127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: China Tel Group Inc CENTRAL INDEX KEY: 0001357531 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 980489800 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 333-156969 FILM NUMBER: 09548306 BUSINESS ADDRESS: STREET 1: 8105 IRVINE CENTER DRIVE #800 CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 949-450-4942 MAIL ADDRESS: STREET 1: 8105 IRVINE CENTER DRIVE #800 CITY: IRVINE STATE: CA ZIP: 92618 FORMER COMPANY: FORMER CONFORMED NAME: Mortlock Ventures Inc. DATE OF NAME CHANGE: 20060327 S-8 1 china_s8-consultinghaxby.htm FORM S-8 REGISTRATION STATEMENT china_s8-consultinghaxby.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

 
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933

 
CHINA TEL GROUP, INC.
(Exact name of Registrant as Specified in Its Charter)
 
Nevada
 
98-0489800
(State or Other Jurisdiction
of Incorporation or Organization)
 
(I.R.S. Employer
Identification No.)
 
8105 Irvine Center Drive, Suite 800
Irvine, California 92618
(Address, Including Zip Code, of Principal Executive Offices))
 
CONSULTING SERVICES
(Full title of the Plan)
 
George Alvarez
8105 Irvine Center Drive, Suite 800
Irvine, California 92618
(949) 585-0222
(Name, Address and Telephone Number, Including
Area Code, of Agent For Service)


 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b­2 of the Exchange Act.
 
Large accelerated filer  q
Accelerated filer  q
Non-accelerated filer  q (Do not check if a smaller reporting company)
Smaller Reporting Company  ý

 

CALCULATION OF REGISTRATION FEE
 
Title of securities
 to be Registered
Amount to
 be Registered
Proposed Maximum
Offering Price Per Share
Proposed Maximum
Aggregate Offering Price
Amount of
 Registration Fee
Common Stock
1,373,158 Shares
.95
$1,304,500
$51.27
 

 



 

 

PART I
 
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

The information called for in Part I of Form S-8 is not being filed with or included in this Form S-8 (by incorporation by reference or otherwise) in accordance with the rules and regulations of the Securities and Exchange Commission (the “Commission”).

PART II

Item  3.  Incorporation of Documents by Reference

The Commission allows us to “incorporate by reference” the information we file with them, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is considered to be part of this Registration Statement, and later information filed with the Commission will update and supersede this information. The following documents filed by us with the Commission are incorporated by reference:

(a)  
Registrant’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2008 filed January 16, 2008, including all material incorporated references therein and all amendments thereto;

(b)  
Registrant’s Current Report on Form 8-K filed March 10, 2008, March 31, 2008, June 25, 2008, July 10, 2008, August 11, 2008,  September 9, 2008, September 17, 2008, October 20, 208, October 23, 2008 and November 6, 2008, including all material incorporated references therein;

(c)  
Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2008 filed May 15, 2008, including all material incorporated references therein and all amendments thereto;

(d)  
Registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2008 filed August 18, 2008, as amended on August 29, 2008, including all material incorporated references therein and all amendments thereto.

(e)  
Registrant’s Quarterly Report on Form 10-Q for the quarter ended August 31, 2008 filed November 18, 2008, including all material incorporated references therein and all amendments thereto.

All documents subsequently filed by the Registrant pursuant to the Securities Exchange Act of 1934 after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in this Registration Statement, or in any other subsequently filed document which also is or is deemed to be incorporated by reference in this Registration Statement, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

 
2

 


Item 4.   Description of Securities

Shares of Series A Common Stock, $.001 par value

Item 5.  Interests of Named Experts and Counsel

The shares of Series A Common Stock registered in this Registration Statement are being registered in the name of Sandy Haxby, consultant to the Registrant, for certain consulting services provided to the Registrant.

Item 6.  Indemnification of Directors and Officers

We indemnify our directors and officers for all liabilities allowed under  the Nevada Corporations Code. We do not indemnify for a breach of loyalty, reckless or intentional acts causing harm to the Registrant or any illegal or criminal acts intended to provide personal gain.

Item 7.  Exemption from Registration Claimed

Not applicable.

Item 8.  Exhibits

Exhibit
Number
 
Description
   
99.1
Consulting Agreement with Sandy Haxby

Item 9.  Undertakings

The undersigned Registrant hereby undertakes:

(1)  
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement;

(2)  
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
 
 
3


 
(3)  
To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the dollar value of securities would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form a prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective Registration Statement; and

(4)  
To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

Provided, however, that paragraphs (1) and (2) do not apply if the Registration Statement is on Form S-8, and the information required to be included is a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement.

(5)  
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(6)  
To remove from registration by means of a post effective amendment any of the securities being registered which remain unsold at the termination of the offering.

The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit of proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.


 
4

 

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned thereunto duly authorized in the City of Irvine, State of California, on January 23, 2009.

 
 
 
CHINA TEL GROUP, INC.

BY:  /s/ George Alvarez
        George Alvarez, CEO
 



5



EX-99.1 2 china_s8-ex9901.htm CONSULTANT AGREEMENT china_s8-ex9901.htm
Exhibit 99.1
 
CONSULTING AND NON-CIRCUMVENTION AGREEMENT

This CONSULTING AND NON-CIRCUMVENTION AGREEMENT (this or the "Agreement"), dated as of January 2, 2008 (the “Effective Date”), is entered into by and between Trussnet/ChinaTel Group (the "Company"), and Sandy Haxby, an individual (the "Consultant").

WHEREAS, Consultant has extensive knowledge and experience in the matters that affect the business of the Company, the market in which the business is engaged, and access to individuals who may be interested in becoming business partners of the Company, as more fully set forth herein; and

WHEREAS, the Company desires to benefit from Consultant’s knowledge and expertise in introducing possible business partners to the Company;

NOW THEREFORE, in order to effect the foregoing, the Company and the Consultant wish to enter into a consulting agreement upon the terms and subject to the conditions set forth below. Accordingly, in consideration of the premises and the respective covenants and agreements of the parties contained herein, and intending to be legally bound hereby, the parties hereto hereby agree as follows:

1.       Consulting Period and Services to be Provided. Beginning on the Effective Date and continuing on a month to basis until the earlier of the one year anniversary of the Effective Date or the termination of this Agreement pursuant to Paragraph 10 hereof (the "Consulting Period"), the Company hereby agrees to engage the Consultant, and the Consultant hereby agrees to perform services for the Company, upon request by the Company, on the terms and conditions set forth herein.

2.        Duties. During the Consulting Period, the Consultant shall serve as a consultant to the Company on a non-exclusive, independent basis, and will perform such services as the Company shall from time to time request, including but not limited to the Consulting Services set forth in Exhibit A hereto (the "Services"). The Consultant will perform the Services in a timely and professional manner and will not engage in any activities that will conflict with the performance of the Services or the interests of the Company, though nothing in this Agreement restricts Consultant from engaging in similar or different activities on behalf of other entities, including business competitors of the Company.

3.       Place of Performance. The Consultant shall perform the Services and conduct Consultant’s business at such locations as are reasonably acceptable to both Consultant and the Company.

4.         Confidentiality. Without the prior written consent of the Company, during the Consulting Period and thereafter, except (i) as reasonably necessary in the course of carrying out his duties hereunder or (ii) to the extent required by an order of a court having competent jurisdiction or under subpoena from an appropriate government agency, Consultant shall not directly or indirectly disclose, communicate or divulge any secret or confidential information of or pertaining to the Company, including, without limitation, any trade secrets, customer lists, customer profiles, prospective customer lists, mailing lists, receipts, documentation, computer programs, drawings, designs, information regarding product development, any work conducted by Consultant for the Company, marketing plans, sales plans, information relating to the Company’s strategy or plans, manufacturing plans, management organization information (including data and other information relating to members of the Board and management), operating policies or manuals, business plans, financial records or other financial, commercial, business or technical information relating to the Company or any of its subsidiaries or affiliates or information designated as confidential or proprietary that the Company or any of its subsidiaries or affiliates may receive belonging to suppliers, customers or others who do business with the Company or any of its subsidiaries or affiliates (collectively, “Confidential Information”), unless such Confidential Information has been previously disclosed to the public by the Company or has otherwise become available to the public (other than by reason of Consultant’s breach of this Section 4).

 

 
5.        Non-Circumvention. The Company shall not in any way attempt to circumvent, or circumvent, Consultant for the purpose of transacting or consummating any loan, financing arrangement, stock offering, or any other business or transaction with any person or entity introduced to the Company by Consultant directly or indirectly pursuant to this Agreement which shall (i) interfere with the relationship between such persons or entities and Consultant, or (ii) attempts to avoid or avoids the Company's obligations to pay Consultant the fees set forth herein. The Company, on behalf of itself and all of its affiliated persons, shall not make any contact with any person or otherwise be involved in any transaction with any person, to the exclusion of Consultant, introduced to the Company by Consultant for the purpose of providing the services herein and contemplated by the provisions of the Agreement. Company acknowledges that Consultant has contacts and relationships with the persons and business sources previously unknown to the Company which may be able to provide certain functions or resources to facilitate these transactions. The Company shall not contact, transact or conduct business with such sources of persons, without the prior written consent of Consultant.
 
6.       Non-Disparagement. Consultant will not at any time during the Term disparage, criticize, defame, or otherwise make any derogatory statements regarding the Company, its directors, officers, employees, or shareholders.
 
7.       Assignment of Discoveries and Intellectual Property Rights. All processes, improvements, formulations, ideas, inventions, designs and discoveries, whether patentable or not (collectively "Discoveries") and all patents, copyrights, trademarks, and other intangible rights (collectively "Intellectual Property Rights") that may be conceived, developed, expressed, or stated by Consultant, either alone or with others, during the Consulting Period in connection with or related to Consultant’s performances of Services hereunder or the Company shall be the sole property of the Company. Consultant shall take all action and execute and deliver all agreements, assignments and other documents, including, without limitation, all patent, copyright, and trademark applications and assignments, requested by the Company to establish the Company's rights under this paragraph and to vest in the Company title to all Discoveries and Intellectual Property Rights which are the property of the Company under this paragraph.
 


 
 
8.       Publicity. The Company shall have the right, in its sole discretion, to disclose to any third parties the existence of this Agreement and the fact that Consultant has agreed to provide the Services hereunder. Consultant shall not discuss with any third party the business of the Company or the nature of the Services without the Company’s prior consent.
 
9.        Independent Contractor.
 
(a)            During the Consulting Period, the Consultant shall be an independent contractor. It is intended by both the Consultant and the Company that the Services to be performed by the Consultant shall not result in an employer/employee relationship and the Consultant shall not be entitled to any benefits provided by the Company and/or its respective affiliates to its employees, including but not limited to coverage under any tax-qualified or nonqualified retirement plan.
 
(b)            The Consultant will at all times hold herself out as and represent herself to be an independent contractor, rather than an employee of the Company. As an independent contractor, the Consultant will have no right or authority to make or undertake any promise, warranty or representation or to execute any contract or otherwise assume any obligation or responsibility in the name of the Company and will not hold herself out as having such right or authority, except with the prior express approval of the Company. The Consultant agrees to comply with all of the Company’s policies and practices applicable to independent consultants.
 
(c)            Neither Federal, state or local income taxes nor payroll taxes of any kind shall be withheld or paid by the Company on behalf of the Consultant. The Consultant shall be responsible for payment of all taxes for remuneration received under this Agreement, including Federal, state and local income or self-employment tax and any other taxes or business license fees as required.
 
(d)            No workers compensation insurance shall be obtained by the Company concerning the Consultant.
 
10.        Compensation; Business Expenses.
 
(a)            As base compensation for the Services, during the Consulting Period, the Company shall pay Consultant at the rate of ten thousand USD ($10,000.00) per month for which Consultant provides the Services for the Company.
 
(b)            The Company shall reimburse Consultant for direct, out of pocket expenses reasonably incurred by Consultant in connection services provided to the Company hereunder; provided, however, that any expenditure or series of related expenditures shall be approved in advance by an authorized representative of the Company and shall be consistent with the expense reimbursement policy of the Company forth below:
 

 

 
(i)            In the event Consultant is able to secure or obtain during the Consulting Period from one or more companies approved by the Company in advance (“Target Companies”) on terms and conditions acceptable to the Company, Consultant shall receive an amount equal to a minimum of two and one half (2.5%) to any other agreed upon percentage between the Company and the Consultant, of the gross proceeds (whether in cash or in kind).
 
11.           Termination. This Agreement may be terminated:
 
(a)       by the Company or Consultant, upon thirty (30) days’ written notice
 
(b)     by mutual agreement of the parties hereto; or
 
(c)     by the Company or Consultant, if the other party is in breach in a material respect of any of his or its obligations under this Agreement and fails to remedy such breach (if curable) within three (3) days of receipt of a written notice by the other party which specifies the breach.

12.            Notices. All notices and other communications provided for herein shall be in writing and shall be made by hand delivery, by United States first class mail (registered, return receipt requested, postage prepaid) or overnight air courier guaranteeing next day delivery, addressed as follows:

If to the Consultant:

Sandy Haxby, Consultant
                                          
                                          
Email:               

If to the Company:

George Alvarez, CEO
Trussnet/ChinaTel Group
                                         
                                        
                                        

or to such other address as any party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon receipt. Except as otherwise provided in this Agreement, each such notice shall be deemed given, if personally delivered, at the time delivered; if mailed, five business days after being deposited in the mail; and, if sent by overnight air courier, the next business day after timely delivery to the courier.
 


 

13.            Miscellaneous.
 
(a)            Modification; Waiver. No provision of this Agreement may be modified or waived unless such waiver or modification is agreed to in writing signed by the party to be charged. No waiver by any party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time.
 
(b)            Survival; Severability. Sections 4, 5, 6, 7, 11 and 12 shall survive the termination hereof, whether such termination shall be by expiration of the Consulting Period in accordance with Section 2 or an early termination of the Consulting Period pursuant to Section 10 hereof. The invalidity, in whole or in part, of any provision of this Agreement shall not affect the validity or enforceability of any of its other provisions.
 
(c)            Entire Agreement. This Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and supersedes all prior agreements, promises, covenants, arrangements, communications, representations or warranties whether oral or written, by any officer, employee or representative of any party hereto, and any prior agreement of the parties hereto in respect of the subject matter contained herein is hereby terminated. No agreements or representations, oral or otherwise, expressed or implied, with respect to the subject matter hereof have been made by either party that are not set forth expressly in this Agreement.
 
(d)            Assignment. The Consultant may not assign, delegate or otherwise transfer any of its rights or obligations hereunder, in whole or in part, by operation of law or otherwise, but the Company may assign, delegate or otherwise transfer any of its rights or obligations hereunder, in whole or in part, by operation of law or otherwise, to any affiliate or successor to its business and such rights or obligations will inure to the benefit and be binding upon any such successor.
 
(e)            Headings. The headings contained herein are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.

(f)            Governing Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California without regard to principles of conflicts of laws that would direct the application of another jurisdiction’s laws.
 
(g)            Representations. The Consultant hereby represents and warrants to the Company that the Consultant has the legal capacity and authority to execute and deliver this Agreement and perform his obligations hereunder and that the performance of the Services by the Consultant shall not conflict with or constitute a breach under any other agreement to which the Consultant is bound. Upon the Consultant’s execution and delivery of this Agreement, this Agreement is the legal, valid and binding obligation of the Consultant, enforceable against the Consultant in accordance with its terms.


 
(h)            Counterparts. This Agreement may be executed in two or more counterparts, all of which shall be considered one and the same agreement and shall become effective when two or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood that all parties need not sign the same counterpart.
 
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date and year first above written.
 
 
January 2, 2008
 
 
 
By: /s/ George Alvarez                     
Name: George Alvarez
Title: CEO
Dated: Jan 2, 2008
 
 
CONSULTANT
 
By:   /s/ Sandy Haxby                     
Name: Sandy Haxby
Dated: Jan 2, 2008
 
 


 
EXHIBIT A
 
Consultant’s Services

Pursuant to that certain agreement between Trussnet/ChinaTel Group (“Company”) and Sandy Haxby (“Consultant”) with an effective date of January 2, 2008 (“the Agreement”), Consultant has agreed to:

 
1)
Identify potential companies for mergers and acquisitions in and for the Company and introduce those to the Company

 
2)
Provide such other services as are reasonably requested by the Company from time to time including, but not limited to, due diligence, negotiations of intent (LOI), and contract terms.
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