Form 8-K
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
-----------------------------------------
FORM
8-K
-----------------------------------------
PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report (Date of earliest event reported): November
24, 2006
Commission
File # 000-51055
RED
MILE ENTERTAINMENT, INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
20-4441647
|
|
(State
or other jurisdiction of incorporation or organization)
|
(IRS
Employer Identification Number)
|
4000
Bridgeway, Suite 101
Sausalito,
CA 94965
(ADDRESS
OF PRINCIPAL EXECUTIVE OFFICES)
415-339-4240
(Registrant’s
telephone number, including area code)
NOT
APPLICABLE
(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):
|_|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_|
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 Resignation of an Officer
On
November 24, 2006 Mr. Michael Troy, the Vice President of Business Development
resigned as an officer of Red Mile Entertainment, Inc. Mr. Troy will remain
with
the Company as an employee with a significantly lesser role in business
development though June 30, 2007. The terms of his separation agreement specify
that 50,000 stock options that would have vested on March 31, 2007 under his
existing stock option agreement will continue to vest providing that he is
still
employed with Red Mile Entertainment on that date. In addition, the agreement
specifies the cash compensation that Mr. Troy will receive through the end
of
June, 2007. This compensation is less than his salary as the Vice President
of
Business Development, and does not constitute a severance payment.
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.
|
|
Red
Mile Entertainment, Inc.
|
|
|
|
|
|
|
|
Date:
November 28, 2006
|
By:
|
/s/ Ben Zadik
|
|
|
|
|
Name:
|
Ben
Zadik
|
|
|
|
Title:
|
Chief
Financial Officer
|
| |
|
|
|
|