UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): May 2, 2005 (April 26, 2005)
Commission file number: 0-22773
NETSOL TECHNOLOGIES, INC.
(Exact name of small business issuer as specified in its charter)
NEVADA 95-4627685
(State or other Jurisdiction of (I.R.S. Employer NO.)
Incorporation or Organization)
23901 Calabasas Road, Suite 2072, Calabasas, CA 91302
(Address of principal executive offices) (Zip Code)
(818) 222-9195 / (818) 222-9197
(Issuer's telephone/facsimile numbers, including area code)
Item 5.02 Departure of Directors or Principal Officers
On April 27, 2005, NetSol Technologies, Inc. filed a current report on Form 8-K
announcing the appointment of Mr. Derek Soper to the board of directors of the
Company and announcing the resignation of Mr. Irfan Mustafa from the board. This
report stated that Mr. Soper was replacing Mr. Mustafa, when in fact, Mr. Soper
is filling a vacancy left by Mr. Shabir Randeree who did not run for reelection
to the board. The current report was silent as to the effective date of Mr.
Mustafa's resignation. While his resignation has been accepted by the board, Mr.
Mustafa's resignation is not effective until the earlier of his replacement or
June 30, 2005.
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
NETSOL TECHNOLOGIES, INC.
Date: May 2, 2005 /s/ Naeem Ghauri
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NAEEM GHAURI
Chief Executive Officer
Date: May 2, 2005 /s/ Najeeb Ghauri
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NAJEEB GHAURI
Chief Financial Officer and Chairman