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): April 15, 2005
|
Chembio
Diagnostics, Inc. |
(Exact
name of registrant as specified in its charter)
|
Nevada |
333-85787 |
88-0425691 |
|
(State
or other jurisdiction
of
incorporation) |
(Commission
File Number) |
(IRS
Employer Identification No.) |
3661
Horseblock Road, Medford, NY
11763
(Address
of principal executive offices) (Zip
Code)
Registrant's
telephone number, including area code (631)
924-1135
(Former
name or 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 (see General Instruction A.2. below):
[ ]
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 the Exchange Act
(17 CFR 240.13e-4(c))
ITEM
5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
Effective
April 15, 2005, Mark L. Baum resigned as a member of the Board of Directors of
Chembio Diagnostics, Inc. (the “Company”). Mr. Baum’s resignation was not a
result of any disagreement with the Company. On April 20, 2005, the Company
issued a press release announcing Mr. Baum’s resignation. A copy of the press
release is attached hereto as Exhibit 99.1.
Effective
April 15, 2005, the Company’s Board of Directors elected Alan Carus to become a
member of the Board of Directors. Mr. Carus is a co-founder of LARC Strategic
Concepts LLC, a consulting firm dedicated to guiding emerging companies to next
stage development. Prior to co-founding LARC Strategic Concepts LLC, Mr. Carus
was Senior Vice President of Maritime Overseas Corporation (“MOC”) and a senior
executive of Overseas Shipholding Group, Inc. (“OSG”) from 1981 to 1998, when he
retired. MOC was managing agent for OSG, one of the world’s largest ship-owners.
Mr. Carus was a member of OSG’s senior management committee and had senior
responsibility in areas relating to administration, accounting, tax, finance,
budgets, long-range projections, and human resources. He was involved in
numerous acquisitions, debt and equity offerings, complex transaction
structuring, and was active in the management of OSG’s major investments in the
cruise industry and other development stage companies. From 1964 to 1981, Mr.
Carus was with Ernst & Young (including predecessors), the last seven years
as a partner. Mr. Carus has a B.B.A. from the Baruch School of Business of the
City College of New York.
Mr.
Carus’ election to the Board of Directors also was announced in the press
release attached hereto as Exhibit 99.1.
ITEM
9.01. Financial Statements and Exhibits
(c)
Exhibits
99.1
Press release dated April 20, 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 thereunto
duly authorized.
| |
|
|
| |
CHEMBIO DIAGNOSTICS,
INC. |
|
|
|
| Date: April 20,
2005 |
By: |
/s/ Lawrence A.
Siebert |
| |
Lawrence A. Siebert |
| |
Chief
Executive Officer |