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):
FEBRUARY 13, 2008 (FEBRUARY 7, 2008)
ZONE 4 PLAY, INC.
(Exact name of registrant as specified in its charter)
NEVADA 000-51255 98-0374121
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
103 FOULK ROAD, WILMINGTON, DE 19803
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(Address of principal executive offices) (Zip Code)
(302) 691-6177
(Registrant's telephone number, including area code)
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:
[_] 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. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On February 7, 2008, Ronen Stein announced that he will be resigning from his
position as Chief Executive Officer and Chief Financial Officer effective on
March 7, 2008. The registrant's board of directors elected the registrant's
director, Steve Baker, to act as Acting Chief Executive Officer effective March
7, 2008. On the same day, Michael Chill resigned from his position as a director
of the registrant.
Mr. Baker has been a director of the registrant since October 2007. Since March
2007 Mr. Baker has been the Executive in Residence at RHO Canada, a venture
capital firm dedicated to backing leading, early-stage technology-based
companies in Canada. Prior to this, since 2001, he was CEO of CyberWorld Group,
a leading marketing and back office services provider to the internet-gaming
industry. Mr. Baker is also the CEO and Founder of Chrysalis-ITS Inc., a pioneer
in internet security and encryption systems and Founder and CEO of Emanation
Control Limited, a leader in the intelligence countermeasures sector. Mr. Baker
attended Carleton University in Ottawa, Canada.
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.
ZONE 4 PLAY, INC.
(REGISTRANT)
Date: February 13, 2008 By: /s/ Ronen Stein
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RONEN STEIN
CHIEF EXECUTIVE OFFICER AND
CHIEF FINANCIAL OFFICER