SKKY 8-K
Skkynet Cloud Systems, Inc. (SKKY)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 1, 2024, the Board of Directors (“the Board”) of Skkynet Cloud Systems, Inc. (“the Company”) appointed Mr. Xavier Mesrobian to serve as a director of the Company, effective immediately. Mr. Mesrobian will serve as a director whose current term will expire at the Company’s next annual meeting of stockholders. Mr. Mesrobian has been the Vice Present of Sales and Marketing of the Company since October 2013, and he brings significant experience to the Board as it plans its future areas of business.
In connection with his appointment, Mr. Mesrobian will receive compensation in accordance with the Company’s standard non-executive director pay and stock option plan.
On November 1, 2024, Mr. Mesrobian resigned his position as Vice President of Sales and Marketing. In anticipation of the resignation, the Company hired new sales and marketing staff, who will continue to receive guidance from Mr. Mesrobian in his new role at the Company.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| SKKYNET CLOUD SYSTEMS, INC. |
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November 5, 2024 |
| /s/ Paul Thomas |
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| Paul Thomas, President |
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Contact:
Skkynet Cloud Systems, Inc.,
Paul Thomas, President
Office: (888) 702-7851
Email: [email protected]
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