8k
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of
Report: (Date of earliest event reported): March 27, 2006
Commission
File No.: 000-30785
CAMELOT
ENTERTAINMENT GROUP, INC.
--------------------------------------------------------------------------------
(Exact
name of registrant as specified in its charter)
DELAWARE
52-2195605
-------------------------------------- -------------------------------------
(State
or
other jurisdiction of (IRS Employer
Identification No.)
incorporation or
organization)
2020
Main
Street Suite 990
Irvine,
CA 92614
-----------------------------------------------------
(Address
of principal executive offices)
(949)
777-1090
------------------------
(Issuer
telephone number)
-------------------------------------------
(Former
name, if changed since last report)
100
East
San Marcos Blvd. Suite 400
San
Marcos, CA 92069
------------------------------------------------------------
(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 Exchange
Act
(17
CFR 240.13e-4(c))
SECTION
5
- CORPORATE GOVERNANCE AND MANAGEMENT
ITEM
5.02
DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT
OF PRINCIPAL OFFICERS
On
March
27, 2006, the Board of Directors accepted the resignation of H. K. Dyal as
a
member of the Board of Directors. Mr. Dyal had originally submitted his
resignation to the Board of Directors on February 2, 2006.
Michael
Ellis, 55, has been appointed Chief Operating Officer and will join the
Board
of
Directors.
Michael
Ellis offers over 25 years of senior executive management experience with an
emphasis on technology-driven enterprises from NYSE and NASDAQ listed
corporations to emerging-growth startups. He possesses broad expertise in
finance, marketing, technology and operations with emphasis on growing revenues,
profits and market valuations for both publicly traded and private entities.
Over the years, his highly-effective teams have consistently translated
aggressive goals into efficiently executed and highly profitable programs.
Successes encompass managing P&L at $450 million and CAPEX at $500 million
annually, overseeing centerpiece development for the most popular destination
attraction in the United States, to rebuilding a NASDAQ global entertainment
enterprise - producing record profits for all.
Before
joining Camelot Entertainment Group, Ellis served as a management consultant
bringing “leading-edge” operational methodologies and technologies, financial
savvy plus worldwide contacts to entrepreneurial startup, turnaround and
high-growth companies. Ellis typically functioned in senior executive roles
to
quickly diagnose, design and implement revenue and profit growth strategies
for
entities involved in entertainment, hospitality, Internet services, information
technologies, telecom, electronics, retail, international trade, real estate
services and construction management.
Prior
to
his consulting endeavors, Ellis served as the Senior Vice President for Showscan
Entertainment, a NASDAQ traded global manufacturer, producer, distributor and
licensor of state-of-the-art, location based entertainment attractions plus
special venue film and digital media. He performed as both the COO and CTO,
updating Showscan’s strategic plan, creating new business/technology alliances
and rebuilding the corporate infrastructure. Worldwide responsibilities included
operations, engineering, construction, electronics manufacturing, supply chain
management, customer services, product development plus film/digital media
production and post, sales, marketing, licensing and distribution. In addition,
Ellis managed Showscan’s largest customer accounts including Gardaland, Imagine
Japan, Universal Studios, Futuroscope, Tokyo Dome and Fox Studios.
Previously,
Ellis was the Corporate Director of Engineering for Knott’s Berry Farm and was
responsible for overseeing design and construction of Mall of America, Knott’s
Camp Snoopy, a $100+ million, seven acre enclosed theme park in Minneapolis,
MN.
In this lead role, Ellis built a distinguished project team of international
consultants and contractors while managing design, construction and operations
planning activities. Today, Mall of America is the most visited destination
attraction in the U.S. with over 43 million annual visitors.
Before
joining Knott’s, Ellis was a senior executive for divisions of PepsiCo including
Frito-Lay and Taco Bell where he built and managed numerous engineering,
technology and operations based organizations while overseeing major capital
expansion programs.
Ellis
is
a graduate of North Carolina State University and holds a Bachelor of Science
degree in Electrical Engineering.
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
thereunto authorized.
Camelot
Entertainment Group, Inc.
By:
/s/ Robert P. Atwell
March
27,
2006
Robert
P.
Atwell
CEO