News Column

VALUESETTERS CORP FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

May 14, 2014

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

On May 7, 2014, Sean S. Lee was elected to the board of directors of Valuesetters Inc. (the "Company"), to fill a vacancy, consistent with the Company's bylaws.

Mr. Lee, 39, is a product manager for Heartland School Solutions, a K-12 food nutrition software development firm, since January 2012 to present. Prior to joining Heartland, he worked as a consultant for SL-Tech, a K-12 food nutrition software and hardware development firm, from August 2011 to January 2012, and as the chief technology officer for ImproveSmart Inc., an electronic commerce company, from December 2009 to August 2011. From June 2007 to December 2010 he served as the technology manager for our Company.

The Company currently offers no compensation to its non-employee directors.

Mr. Lee's father is Sean F. Lee, former Chairman and Chief Executive Office of our Company, who recently retired from our board of directors.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits. Number Documents 99.1 Press release of Valuesetters Inc. dated May 12, 2014.


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Source: Edgar Glimpses