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): November 1, 2006
Commodore Applied Technologies, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-11871 113312952
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
150 East 58th Street, Suite 3238 10155
New York, New York
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 308-5800
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N/A
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(Former Name or Former Address if Changed Since Last Report)
Check the appropriate box below if the Form 8K fining 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 (17CFR230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02(b) Departure of Directors or Principal Officers; Election of
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Directors; Appointment of Principal Officers.
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On November 1, 2006, Commodore Applied Technologies, Inc. entered into an
employment agreement with Ted R. Sharp to serve the Company as Chief Financial
Officer, effective January 1, 2007. To provide for a period of transition from
the current Chief Financial Officer, James M. DeAngelis, who has resigned that
position effective January 1, 2007, Mr. Sharp began his employment on November 1
and will assume full responsibility for the position on the effective date.
Mr. Sharp is a Certified Public Accountant in Washington and Idaho, and has a
Bachelor of Business Administration Degree in Accounting from Boise State
University. He has more than 25 years of experience in treasury management,
internal financial controls, international business and management, U.S.
Security and Exchange compliance and Corporate Governance. Since 2003, he has
been President of Sharp Executive Associates, Inc., a privately-held accounting
firm providing Chief Financial Officer and Sarbanes-Oxley compliance services to
clients. Several of those clients have had international subsidiaries, for which
Mr. Sharp has provided an array of services. Prior to 2003, he worked for 14
years in positions of Chief Financial Officer, Managing Director of European
Operations and Corporate Controller for Key Technology, Inc., a publicly-traded
manufacturer of capital goods with headquarters in Walla Walla, Washington (KTEC
on the Nasdaq microcap exchange). Mr. Sharp's earlier career experiences
included financial management positions in industry and service in the tax
department of a regional accounting firm.
The Company has entered into an employment contract with Mr. Sharp, engaging him
on a part-time basis. Mr. Sharp will spend approximately 50% of his business
hours on matters related to Commodore Applied Technologies, Inc. He also serves
part-time as Chief Financial Officer, Secretary and Treasurer under contract
with Little Squaw Gold Mining, Inc., a publicly-traded exploration-stage mining
Company with headquarters in Spokane, Washington (LITS on the OTCBB exchange).
SIGNATURES
In accordance with the requirements of the Securities and Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
Commodore Applied Technologies, Inc.
(Registrant)
Dated: November 2, 2006 By: /s/ O. Mack Jones
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O. Mack Jones,
President & Chief Operating Officer