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): March 7, 2005
NETWORK INSTALLATION CORP.
(Exact name of registrant as specified in its charter)
NEVADA 0-25499 88-0390360
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(State or jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation or Identification
organization No.)
15235 Alton Parkway, Suite 200
Irvine, CA 92618
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (949) 753-7551
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 Departure of Principal Officers; Appointment of Principal Officers
On March 7, 2005, our Board of Directors accepted the resignation of Michael
Cummings as Chief Executive Officer. Mr. Cummings will remain a Director of the
Company.
On March 8, 2005, we announced that Jeffrey Hultman will serve as our new Chief
Executive Officer. Mr. Hultman will receive $16,000 per month salary with
customary benefits. Additionally, Mr. Hultman will participate in a stock bonus
plan.
The foregoing description of Mr. Hultman's employment and compensation is
qualified in its entirety by, and made subject to, the more complete information
set forth in the Employment Agreement with Mr. Hultman filed as an exhibit to
this report.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
99.1 Resignation of Michael Cummings.
99.2 Employment Agreement with Jeffrey Hultman.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NETWORK INSTALLATION CORP.
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REGISTRANT
Date: March 9, 2005 By:/s/ Jeffrey Hultman
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Jeffrey Hultman
Chief Executive Officer