-----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, GD0VZxzDiVFeIEfQZYkCBt+LPuHJk6mNNgngYLZPkIrwOBVf1rUmxFFwGmK1hd31 PjIf98O4V4j8cbddN2D1uw== 0001144204-06-054411.txt : 20061226 0001144204-06-054411.hdr.sgml : 20061225 20061226140134 ACCESSION NUMBER: 0001144204-06-054411 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061220 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20061226 DATE AS OF CHANGE: 20061226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Friendlyway CORP CENTRAL INDEX KEY: 0000888702 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 880270266 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20317 FILM NUMBER: 061298723 BUSINESS ADDRESS: STREET 1: 1244 MAIN STREET CITY: LINFIELD STATE: PA ZIP: 19498 BUSINESS PHONE: 6104958413 MAIL ADDRESS: STREET 1: 1255 BATTERY STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: BIOFARM INC DATE OF NAME CHANGE: 19981123 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL SPILL MANAGEMENT INC /NV/ DATE OF NAME CHANGE: 19930328 8-K 1 v061219_8k.htm
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: December 20, 2006
(Date of earliest event reported)


PSI CORPORATION
(Exact name of Registrant as specified in its charter)


Nevada
(State or other jurisdiction of incorporation)

000-20317 
88-0270266 
(Commission File No.) 
(I.R.S. Employer Identification No.) 

7222 Commerce Center Drive, Suite 240
Colorado Springs, CO 80919
(Address of principal executive offices; zip code)

(719) 359-5533
(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 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13-4(e) 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; Compensatory Arrangements of Certain Officers.

Effective December 20, 2006, Mr. Kenneth Upcraft resigned from his positions as Chief Executive Officer and President of our company. Mr. Upcraft will remain with the company as our Vice President of Business Development. In connection with his resignation, the employment agreement between Mr. Upcraft and our company, dated April 27, 2006 was terminated. We expect to enter into a new employment agreement with Mr. Upcraft with terms and conditions commensurate with his new position as Vice President of Business Development.

Mr. David Lott was appointed to the position of Chief Executive Officer to fill the vacancy created by Mr. Upcraft’s resignation. Mr. Lott will assume the duties of Chief Executive Officer of our company in addition to his current duties as Chairman of our board of directors.
 
 
 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
  PSI Corporation
 
 		  
 		  
 
Date: December 22, 2006 By:   /s/David V. Lott
  David V. Lott
  Chief Executive Officer
 
 
 
 
 
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