-----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, K9PeAgwJ4JyxtKGlQ/us4vFJoMI24Tw/nQlXBnDCLCO0AWIPPYd+hz8XWpjjBIql 7KA/dzx3yT65HsZqQAy5HA== 0001104659-04-026044.txt : 20040827 0001104659-04-026044.hdr.sgml : 20040827 20040827114041 ACCESSION NUMBER: 0001104659-04-026044 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040823 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20040827 DATE AS OF CHANGE: 20040827 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGSTAR TECHNOLOGIES INC CENTRAL INDEX KEY: 0000083490 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY APPARATUS & FURNITURE [3821] IRS NUMBER: 410780999 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-01561 FILM NUMBER: 041001192 BUSINESS ADDRESS: STREET 1: 410 11TH AVE SOUTH CITY: HOPKINS STATE: MN ZIP: 55343 BUSINESS PHONE: 6129356921 MAIL ADDRESS: STREET 1: 410 11TH AVENUE SOUTH CITY: HOPKINS STATE: MN ZIP: 55343 FORMER COMPANY: FORMER CONFORMED NAME: GREEN ISLE ENVIRONMENTAL SERVICES INC DATE OF NAME CHANGE: 19940210 FORMER COMPANY: FORMER CONFORMED NAME: REUTER INC DATE OF NAME CHANGE: 19920703 8-K 1 a04-10007_18k.htm 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): August 23, 2004

 

MAGSTAR TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

Minnesota

 

0-1561

 

41-0780999

(State of or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

 

 

 

 

 

410 11th Avenue South, Hopkins, MN

 

55343

(Address of principal executive offices)

 

(zip code)

 

Registrant’s telephone number, including area code: (952) 935-6921

 

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))

 

 

 

Section 5 – Corporate Governance and Management

 

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

 

(b)                                 On August 23, 2004, James L. Reissner, resigned from his positions as the Company’s President and Chief Executive Officer.  He will remain on the Company’s Board of Directors.

 

(c)                                  On August 23, 2004, Jon L. Reissner, was appointed to replace James L. Reissner as the Company’s President and Chief Executive Officer.  Jon Reissner has served as the Company’s Director of Finance and participated in the Company’s sales, operations and general management functions since May 2002.  Since May 2002, he has also performed certain corporate and real estate finance services for Activar, Inc. on a part-time consulting basis for which he has been separately compensated by Activar, a corporation owned by Richard F. McNamara, the Company’s Chairman and largest shareholder.  Mr. Reissner expects to continue performing such consulting services in the future.  From November 2001 to May 2002, Mr. Reissner was employed by Vermillion State Bank in Hastings, Minnesota, where he performed various services relating to commercial lending and general banking matters.  From 1992 to 2000, Mr. Reissner structured and traded fixed income and derivative securities for GMAC-RFC, a division of General Motors.  Mr. Reissner holds a bachelor’s degree in economics from St. John’s University and an M.B.A. from the University of St. Thomas.  Mr. Reissner is a board member of the St. John’s University Private Investment Fund.  The Company and Jon Reissner have not entered into a written agreement concerning his employment as President and CEO.  Mr. Reissner will receive an annual salary of $100,000.  Jon Reissner is the son of James Reissner.

 

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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 thereunto duly authorized.

 

 

MAGSTAR TECHNOLOGIES, INC.

 

 

 

 

 

 

Dated: August 26,  2004

By

/s/ Jon L. Reissner

 

 

Jon L. Reissner

 

Its: President and Chief Executive Officer

 

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