8-K 1 htm_24297.htm LIVE FILING X-Change Corporation (Form: 8-K)  

 


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):   December 4, 2007

X-Change Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

     
Nevada 002-41703 900156146
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
710 Century Parkway, Allen, Texas   75013
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   972-747-0051 x113

Not Applicable
______________________________________________
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:

[  ]  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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 4, 2007, The Board of Directors of The X-Change Corporation appointed George DeCourcy as Director of the Company effective immediately. Mr. DeCourcy has held the position of CFO of the Company and its wholly owned subsidiary, AirGATE Technologies, Inc., since July of 2007.

Mr. DeCourcy has over 30 years financial management experience in high tech and other business sectors. Prior to joining X-Change, he served as president of Dallas-based Carriage Financial, where he spearheaded financings for numerous real estate and other commercial enterprises. From 1995 through 2001, Mr. DeCourcy was co-founder and president of Anacom Communications, Inc., one of the first Internet-based companies processing credit card transactions for merchants. Prior to this, he served as executive vice president and CFO at Senior Living Properties, where he designed publicly traded real estate investment trusts for the senior housing industry. Earlier, he was executive vice president and CFO at Triland International Inc., where he structured, negotiated and drafted over 100 joint venture transactions with private/institutional investors. Mr. DeCourcy holds degrees in accounting, finance and economics from Carleton University in Ottawa, Canada, and is an Executive MBA candidate at the University of Texas at Dallas.

A copy of the press release is filed herewith as Exhibit 99.1





Item 7.01 Regulation FD Disclosure.

A copy of the press release announcing the appointment of George DeCourcy as Director is attached as Exhibit 99.1 and is hereby incorporated by reference to this Item 7.01.

The information in the press release is being furnished pursuant to Item 7.01 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in the press release shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1934, as amended.





Item 9.01 Financial Statements and Exhibits.

99.1 Press release announcing appointment of George DeCourcy as Director.






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.

         
    X-Change Corporation
          
December 10, 2007   By:   /s/ Michael L. Sheriff
       
        Name: Michael L. Sheriff
        Title: Chief Executive Officer


Exhibit Index


     
Exhibit No.   Description

 
99.1
  99.1 Press Release announcing the appointment of George DeCourcy as Director of X-Change Corporation