pact_8k-030308.htm
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: March 3, 2008
(Date of
earliest event reported)
___________________________
PACIFICNET
INC.
(Exact
name of registrant as specified in charter)
Delaware
(State or
other Jurisdiction of Incorporation or Organization)
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000-24985
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91-2118007
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(Commission
File Number)
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(IRS
Employer Identification No.)
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c/o
PacificNet Inc.
23/F,
Tower A, TimeCourt, No.6 Shuguang Xili,
Chaoyang District, Beijing, China
100028
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(Address
of Principal Executive Offices and zip code)
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011-852-2876-2900
(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 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(b) under the Exchange Act (17 CFR
240.14a-12(b))
[ ] 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 March
3, 2008, the Board of Directors (the “Board”) of PacificNet Inc. (the “Company”)
by unanimous written consent appointed Stephen Crystal to serve as a member of
the Board of the Company. Mr. Crystal has been appointed to serve as
an independent director of the Board. A press release was issued on
March 3, 2008 to this effect, a copy of which is attached to this report as
Exhibit 99.1.
Mr.
Crystal has been the Chief Executive Officer and President of TableMAX Holdings,
LLC, a leading provider of electronic table games, since August 2007. Mr.
Crystal is also a former board member of Las Vegas Gaming, Inc., a game
management system operator as well as founder and managing member of JMC
Investments, LLC, an investment company whose portfolio includes gaming real
estate and operations, gaming technology, hospitality and entertainment, and
franchise assets. Prior to that, Mr. Crystal co-founded Barrick Gaming
Corporation, which owned and operated six hotel casinos in Las Vegas. Prior to
entering the gaming world, Mr. Crystal practiced law at Armstrong Teasdale, LLP,
Gage & Tucker L.C, and Wirken & King, P.C. Mr. Crystal also served as an
Equal Opportunity Specialist for the United States Department of Labor from May
1990 to May 1992 and served in the New Hampshire House of Representatives from
December 1988 to August 1989. Mr. Crystal received his law degree from the
American University, Washington College of Law in 1992 and his Bachelor degree
from Dartmouth College in Political Science in 1986.
Mr.
Crystal has no family relationship with any of the executive officers or
directors of the Company. There has been no transaction in the past
two years to which the Company or any of its subsidiaries was or is to be a
party, in which Mr. Crystal had, or will have, direct or indirect material
interest.
Item
9.01. Financial Statements and
Exhibits
(d) Exhibits
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Exhibit
No.
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Description
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99.1
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Press
Release Dated March 3, 2008
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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 hereunto
duly authorized.
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PACIFICNET
INC. |
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Date: March
10, 2008
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By:
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/s/
Victor Tong |
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Name: Victor
Tong |
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Title: President |
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Exhibit
Index
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Exhibit
No.
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Description
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99.1
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Press
Release Dated March 3, 2008
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