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): October 4, 2005
GLOBAL CONCEPTS, LTD.
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(Exact Name of Registrant as Specified in its Charter)
Colorado 0-25319 84-1191355
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(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
501 Bloomfield Ave., Montclair, NJ 07042
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(Address of principal executive offices)
(973) 233-1233
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Registrant's Telephone Number
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 communication 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 October 4, 2005 the Board of Directors removed Eduardo Rodriguez from
his position as Chairman, Chief Executive Officer and Chief Financial Officer
of Global Concepts. The Board elected Mr. Rodriguez to serve as Vice Chairman.
At the same time the Board of Directors appointed Michael Margolies to
serve as Chairman, Chief Executive Officer and Chief Financial Officer. Prior
to that appointment, Mr. Margolies had been the Secretary of Global Concepts
and a member of its Board of Directors.
Item 9.01 Financial Statements and Exhibits
Exhibits
99. Press release dated October 10, 2005
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 hereunto duly authorized.
GLOBAL CONCEPTS, LTD.
Dated: October 10, 2005 By: /s/ Michael Margolies
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Michael Margolies
Chief Executive Officer