$IMTV a new Company with serious CEO that took the
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tem 5.01 Changes in Control of Registrant.
As a result of a private transaction, the control block of stock of this company, represented by 408,166,667 shares of common stock and 240,000,000 shares of preferred stock, has been transferred from Steven Samblis to Joseph S. Sirianni, and a change of control of Imagination TV, Inc. (the “Company”) has occurred. The information set forth in Item 5.02 of this Form 8-K is incorporated by reference into this Item 5.01.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain officers; Compensatory Arrangements of Certain Officers.
Upon the change of control of the Company, which occurred on January 5, 2016, the existing director and officer resigned immediately. Accordingly, Steven Samblis, serving as the sole director and as the only officer, ceased to be the Company’s director and Principal Executive Financial and Accounting Officer. At the effective date of the transfer, Joseph S. Sirianni assumed the role of director and President, Treasurer and Secretary of the Company.