8-K 1 a06-23623_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

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): November 2, 2006

MAGSTAR TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Minnesota

 

0-1561

 

41-0780999

(State of or other jurisdiction

 

(Commission

 

(I.R.S. Employer

of incorporation)

 

File Number)

 

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

(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:

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 5.02.         Departure of Director or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangement of Certain Directors

On November 2, 2006, the Board of Directors of MagStar Technologies, Inc. (the Company) has determined that the Board shall consist of six members, increasing the Board by one director from the current number of five directors.  To fill the newly created board seat, on November 2, 2006, the Board of Directors of the Company elected Jon L. Reissner, Secretary, President, and Chief Executive Officer, as a Director of the Company.  Mr. Jon L. Reissner has been with the Company since 2002 and has served as Secretary, President, and Chief Executive Officer since 2004.  Mr. Jon L. Reissner will continue to serve in all of his current roles.  Mr. Jon L. Reissner is not entitled to any additional compensation from the Company for his services as a director.  Mr. Jon L. Reissner is the son of James L. Reissner who is also a Director of the Company.

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: November 8, 2006

 

By

 

/s/ Jon L. Reissner

 

 

 

 

Jon L. Reissner

 

 

Its:

 

President and Chief Executive Officer