TRACKSOFT SYSTEMS, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 4, 2012 Newswires
Share
Share
Post
Email

TRACKSOFT SYSTEMS, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers

Edgar Online, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Mr. Rosario Piacente to Board of Drirectors, and as President

On December 27, 2011, Mr. Rosario Piacente, age 38, was elected and appointed as President and Director of Tracksoft Systems, Inc., (the "Company"), to serve until the earlier of his death, resignation, or removal from such offices pursuant to the by-laws of the Company. During the last five years Mr. Piacente has been a marketing consultant for Gyro Institution, LTD, located in Tortola, BVI, specializing in cutting advertising budgets while increasing revenues. He has taken the lead in marketing campaigns to develop and apply new research techniques and modeling tools to deliver insights and marketing direction. Rosarios experience in overall business strategy, market analysis, and feature benefit analysis will provide insight for company wide promotion, sales strategy, sales plan, customer loyalty programming and systemization. Mr. Piacente has not been the director of any company during the last 5 years.

Mr. Piacente has no contract or material arrangement with the Registrant, or any other person or entity, with respect to his appointment as director and president. There have been no transactions, since the beginning of the registrant's last fiscal year, or any currently proposed transaction, in which the registrant was or is to be a participant and the amount involved exceeds $ 120,000, and in which Mr. Rosario Piacente had or will have a direct or indirect material interest. There is no family relationship between Mr. Piacente and any present or former director or officer of the registrant.

During the last 10 years, Mr. Picente has not been involved in any legal proceeding of the type required to be disclosed under applicable SEC rules, including:

1. A petition under the Federal bankruptcy laws or any state insolvency law was

    filed by or against, or a receiver, fiscal agent or similar officer was     appointed by a court for the business or property of such person, or any     partnership in which he was a general partner at or within two years before     the time of such filing, or any corporation or business association of which     he was an executive officer at or within two years before the time of such     filing;?  

2. Such person was convicted in a criminal proceeding or is a named subject of a

pending criminal proceeding (excluding traffic violations and other minor

offenses);?

3. Such person was the subject of any order, judgment, or decree, not

    subsequently reversed, suspended or vacated, of any court of competent     jurisdiction, permanently or temporarily enjoining him from, or otherwise     limiting, the following activities:?  

i. Acting as a futures commission merchant, introducing broker, commodity

    trading advisor, commodity pool operator, floor broker, leverage transaction     merchant, any other person regulated by the Commodity Futures Trading     Commission, or an associated person of any of the foregoing, or as an     investment adviser, underwriter, broker or dealer in securities, or as an     affiliated person, director or employee of any investment company, bank,     savings and loan association or insurance company, or engaging in or     continuing any conduct or practice in connection with such activity;?  

ii. Engaging in any type of business practice; or?

iii. Engaging in any activity in connection with the purchase or sale of any

security or commodity or in connection with any violation of Federal or

State securities laws or Federal commodities laws;?

4. Such person was the subject of any order, judgment or decree, not

    subsequently reversed, suspended or vacated, of any Federal or State     authority barring, suspending or otherwise limiting for more than 60 days the     right of such person to engage in any activity described in paragraph     (f)(3)(i) of this section, or to be associated with persons engaged in any     such activity;?  

5. Such person was found by a court of competent jurisdiction in a civil action

    or by the Commission to have violated any Federal or State securities law,     and the judgment in such civil action or finding by the Commission has not     been subsequently reversed, suspended, or vacated;?  

6. Such person was found by a court of competent jurisdiction in a civil action

    or by the Commodity Futures Trading Commission to have violated any Federal     commodities law, and the judgment in such civil action or finding by the     Commodity Futures Trading Commission has not been subsequently reversed,     suspended or vacated;?  

7. Such person was the subject of, or a party to, any Federal or State judicial

or administrative order, judgment, decree, or finding, not subsequently

reversed, suspended or vacated, relating to an alleged violation of:?

i. Any Federal or State securities or commodities law or regulation; or?

ii. Any law or regulation respecting financial institutions or insurance

     companies including, but not limited to, a temporary or permanent      injunction, order of disgorgement or restitution, civil money penalty or      temporary or permanent cease-and-desist order, or removal or prohibition      order; or?  

iii. Any law or regulation prohibiting mail or wire fraud or fraud in connection

      with any business entity; or?   8.  Such person was the subject of, or a party to, any sanction or order, not     subsequently reversed, suspended or vacated, of any self-regulatory     organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C.     78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the     Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange,     association, entity or organization that has disciplinary authority over its     members or persons associated with a member.      

--------------------------------------------------------------------------------

Departure of Matthew Howell as Director and President

Matthew Howell resigned as Director and President of the Company effective December 27, 2011. As a result Mr. Howell is no longer an executive officer or director of the Company. Mr. Howell's resignation was not due to any disagreement with the registrant, known to an executive officer of the registrant, as defined in 17 CFR 240.3b-7, on any matter relating to the registrant's operations, policies or practices.

Departure of Phutthachaksu Muleethed as Secretary

Phutthachaksu Muleethed resigned as Secretary of the Company effective December 27, 2011.

--------------------------------------------------------------------------------

Wordcount:  1006

Newer

Major ChinaCast Stockholder, Ned Sherwood, Issues Open Letter to All ChinaCast Stockholders

Advisor News

  • Help women break through their retirement roadblocks
  • Advisors await SEC decision on Vanguard fair fund distribution
  • What to do when adult children become the client
  • Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
  • Why vacation homes are becoming a major blind spot for advisors
More Advisor News

Annuity News

  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
  • Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
  • Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
More Annuity News

Health/Employee Benefits News

  • BRAND DRUGMAKERS RAISED PRICES ON 250 DRUGS THIS SUMMER
  • Premiums set to spike in Virginia Obamacare premiums set to rise next year, filings show
  • Premiums set to rise next year, filings show Obamacare premiums set to rise next year, filings show
  • Hickman gets 27 months for leading benefits plot Northfield man gets 27 months for leading $50M health insurance scheme
  • Complaint Index Report Shows Assistance for Sumner County Residents
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • How advisors can get clients to act sooner on life insurance
  • AM Best Affirms Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York
  • AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
  • AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
  • When technology becomes easy to rent, what still separates life and annuity carriers?
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.