-----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, ReG+RzOL9EWBIHPYdglHWaJMnJ0cHNAQ1zqjKvr2ms64xYBaUXT6x8Q21y9V+ETZ 7WxD5axl3iq30ZFxvv7RPA== 0001144204-11-009075.txt : 20110215 0001144204-11-009075.hdr.sgml : 20110215 20110215170456 ACCESSION NUMBER: 0001144204-11-009075 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110215 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20110215 DATE AS OF CHANGE: 20110215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DJSP Enterprises, Inc. CENTRAL INDEX KEY: 0001436612 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34149 FILM NUMBER: 11614988 BUSINESS ADDRESS: STREET 1: 900 SOUTH PINE ISLAND DRIVE STREET 2: SUITE 400 CITY: PLANTATION STATE: FL ZIP: 33324 BUSINESS PHONE: (954) 233-8000 X2024 MAIL ADDRESS: STREET 1: 900 SOUTH PINE ISLAND DRIVE STREET 2: SUITE 400 CITY: PLANTATION STATE: FL ZIP: 33324 FORMER COMPANY: FORMER CONFORMED NAME: Chardan 2008 China Acquisition Corp. DATE OF NAME CHANGE: 20080603 8-K 1 v211652_8k.htm Unassociated Document
 
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) February 15, 2011
 
DJSP ENTERPRISES, INC.
(Exact Name of Registrant as Specified in Its Charter)
 
British Virgin Islands
  
001-34149
  
98-0667099
(State or other jurisdiction
of incorporation)
 
  
(Commission
File Number)
 
  
(IRS Employer
Identification No.)
 

900 South Pine Island Road, Suite 400
Plantation, Florida
  
33324
(Address of Principal Executive Offices)
  
(Zip Code)
 
(954) 233-8400
(Registrant’s Telephone Number, Including Area Code)
 
 
(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 Instruction A.2. below):
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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 2.05 Costs Associated with Exit or Disposal Activities.
 
On February 15, 2011, the Company’s subsidiary, DJS Processing, LLC, informed affected employees of an immediate reduction in its total work force by 90 employees.  These further staff reductions are the result of the continued reduction in demand for the services of DJS Processing, LLC and its affiliates announced last year.  The Company estimates that it will record charges of between approximately $125,000 and $150,000 for termination-related benefits, all of which will result in cash expenditures by the Company during the current and subsequent fiscal quarters.
 
 
 
 
 
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.
 
 
DJSP Enterprises, Inc.
 
(Registrant)
   
Date February 15, 2011
By
 /s/ Stephen J. Bernstein
   
Stephen J. Bernstein,
President and Chief Executive Officer

 
 
 
 
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