United States Securities & Exchange Commission EDGAR Filing


 

 

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):  June 19, 2007

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The Quantum Group, Inc.

(Exact name of registrant as specified in its charter)

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Nevada

000-31727

20-0774748

(State or Other Jurisdiction

(Commission

(I.R.S. Employer

of Incorporation)

File Number)

Identification No.)

3420 Fairlane Farms Road, Suite C, Wellington, Florida, 33414

 (Address of Principal Executive Office) (Zip Code)

(561) 798-9800

(Registrant’s telephone number, including area code)

N/A

(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:

¨ 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 June 12, 2007, the Registrant’s board of directors approved an expansion of the board of directors from seven members to eleven members. The board of directors then approved the appointment of Jose de la Torre, Alberto Del Valle, Larry Fisher and Gregg Steinberg as independent directors to be effective June 12, 2007. The Board then approved restructuring the board committees: Audit Committee – Alberto Del Valle (Chairman), Larry Fisher and Mark Haggerty; Compensation & Options Committee – Jose de la Torre (Chairman) and Gregg Steinberg; Nomination & Governance Committee – Gregg Steinberg (Chairman), Jose de la Torre and Larry Fisher; and Executive Committee – Noel Guillama (Chairman), Donald Cohen, James Baker and Alberto Del Valle.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.

 

Description

 

 

 

99.1

     

Press Release



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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.


         

The Quantum Group, Inc.

 

 

  

 

 

 

 

By:  

/s/  NOEL J. GUILLAMA

 

 

Noel J. Guillama

President and CEO

 

 

Date:  June 19, 2007




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