Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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) -
September 28, 2006 (September 28, 2006)
TELECOM
COMMUNICATIONS, INC.
(Exact
name of registrant as specified in its charter)
Delaware
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333-62236
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35-2089848
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(State
or other jurisdiction of
Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification
No.)
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9/F.,
Beijing Business World,
56
Dongxinglong Avenue, CW District, Beijing, China 100062
(Address
of principal executive offices) (zip code)
Registrant’s
telephone number, including area code - (86) 10 6702 6968
N/A
(Former
Name or Former Address, if changed since last report)
Item
5.02. Election of Directors; Appointment of Principal
Officers.
Effective
as of September 28, 2006, the Board of Directors of Telecom Communications,
Inc. (the “Company”) appointed Mr. Yaofu Su as a Director of the
Company. Mr. Su currently serves as the Company’s Vice President and is
the Chief Executive Officer of HRDQ Group, Inc.(“HRDQ”), one of
the Company’s subsidiary. HRDQ is a company that owns and operates an
e-commerce website and a trading company. From January 2005 to present, Mr.Su
also serves as the Multimedia Technology Director of 3G Dynasty Inc. ("3G"),
a wholly-owned subsidiary of the Company. 3G is an internet and wireless communications
content services company. From March 2004 to December 2004, Mr. Su was the multimedia
content production manager of IC Star MMS Limited, a wholly owned subsidiary
of the Company.
Effective
as of September 28, 2006, the Board of Directors of the Company appointed Mr.
Hongtao Zhang as a Director of the Company. Mr. Zhang currently serves as the
Chief Executive Officer of Guangzhou TCOM Computer Technology Limited, a limited
liability company formed in China and a wholly-owned subsidiary of the Company.
From June 2004 through May 2006, Mr. Zhang was the Informational Technology
Director of Alpha Century Holdings Limited ("Alpha"), a wholly-owned subsidiary
of the Company. Alpha is an informational technology and communications solution
services company. From May 2003 to May 2004, Mr. Zhang was the webmaster of
IC Star MMS Limited, a wholly -owned subsidiary of the Company.
The
Company has entered into an employment agreement with Mr. Su, dated April 20,
2006, covering his employment as Vice President of the Company. The agreement
provide, that among other items, and subject to Mr. Su’s continuous employment
with the Company, he will receive a sign-on bonus of 600,000 shares of the Company’s
common stock, an annual base salary of $1, a minimum annual bonus of 500,000
shares of the Company’s common stock (payment of 20% of each annual bonus
will be deferred for two (2) years) and be entitled to a forgivable, interest-free
loan of $100,000 in lieu of relocation assistance.
Mr.
Su and Mr. Zhang do not have any family relationships with any of the Company’s
other directors or executive officers.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
Dated:
September 28, 2006
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TELECOM
COMMUNICATIONS, INC. |
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By: |
/s/ Tim
T.
Chen |
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Tim
T. Chen |
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Director
and CEO (Principal Executive Officer) |