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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UNITED STATES</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">WASHINGTON, D.C. 20549</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT REPORT</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date of Report (Date of earliest event reported): September 10, 2010</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">200 S. Virginia, 8<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">th</font> Floor</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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 (<font style="DISPLAY: inline; TEXT-DECORATION: underline">see</font> General Instruction A.2. below):</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item 1.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Termination of a Material Definitive Agreement</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Effective as of September 10, 2010, Mr. Johannes Petersen resigned as&#160;Chief Financial Officer and member of the Board of Directors (the &#8220;Board&#8221;) of American Sierra Gold Corp. (the &#8220;Company&#8221;).&#160;&#160;Accordingly, Mr. Petersen&#8217;s Consulting Agreement entered into with the Company, dated September 29, 2009 (the &#8220;Agreement&#8221;), as disclosed in the Company&#8217;s Current Report on Form 8-K, filed with the SEC on October 5, 2009, was terminated, with both parties waiving the right to the 60-day notice period provided for in the Agreement.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">SECTION 5&#160;- CORPORATE GOVERNANCE AND MANAGEMENT</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item 5.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>As disclosed above under Item 1.02, effective as of September 10, 2010, Mr. Johannes Petersen resigned as Chief Financial Officer and member of the Board of the Company for personal reasons.&#160;&#160;Mr. Petersen&#8217;s resignation did not result from any disagreement with the Company or any matter relating to the Company&#8217;s operations, policies or practices.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>In connection with Mr. Petersen&#8217;s resignation, Mr. Wayne Gruden, the Company&#8217;s current Chief Executive Officer and sole remaining member of the Board, will serve as interim Chief Financial Officer of the Company, effective immediately, until a successor is duly appointed.&#160;&#160;As of the date of this filing, Mr. Gruden has not entered into any supplemental compensatory arrangements as a result of this appointment.&#160;&#160;Mr. Gruden&#8217;s biographical information can be found in the Company&#8217;s SEC filings, including, most recently, the Company&#8217;s Annual Report on Form 10-K filed with the SEC on November&#160;13, 2009.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-DECORATION: underline">/s/ Wayne Gruden<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Wayne Gruden</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief Executive Officer</font></div>
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[{"type": "8-K", "sequence": "1", "filename": "form8-k.htm", "secsgml_size_bytes": 23941}]
{"company-data": {"conformed-name": "AMERICAN SIERRA GOLD CORP.", "cik": "0001415432", "assigned-sic": "5960", "irs-number": "980528416", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-52927", "film-number": "101076543"}, "business-address": {"street1": "200 S. VIRGINIA, 8TH FLOOR", "city": "RENO", "state": "NV", "zip": "89501", "phone": "775-398-3044"}, "mail-address": {"street1": "200 S. VIRGINIA, 8TH FLOOR", "city": "RENO", "state": "NV", "zip": "89501"}, "former-company": {"former-conformed-name": "C E ENTERTAINMENT INC", "date-changed": "20071017"}}
form8-k.htm
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): September 10, 2010
AMERICAN SIERRA GOLD CORP.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of
incorporation)
000-52927
(Commission
File Number)
98-0528416
(IRS Employer
Identification Number)
200 S. Virginia, 8
th
Floor
Reno, Nevada
(Address of principal executive offices)
89501
(Zip Code)
(775) 398-3044
(Registrant's telephone number, including area code)
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))
1
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
Item 1.02         Termination of a Material Definitive Agreement
Effective as of September 10, 2010, Mr. Johannes Petersen resigned as Chief Financial Officer and member of the Board of Directors (the "Board") of American Sierra Gold Corp. (the "Company").  Accordingly, Mr. Petersen's Consulting Agreement entered into with the Company, dated September 29, 2009 (the "Agreement"), as disclosed in the Company's Current Report on Form 8-K, filed with the SEC on October 5, 2009, was terminated, with both parties waiving the right to the 60-day notice period provided for in the Agreement.
SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As disclosed above under Item 1.02, effective as of September 10, 2010, Mr. Johannes Petersen resigned as Chief Financial Officer and member of the Board of the Company for personal reasons.  Mr. Petersen's resignation did not result from any disagreement with the Company or any matter relating to the Company's operations, policies or practices.
In connection with Mr. Petersen's resignation, Mr. Wayne Gruden, the Company's current Chief Executive Officer and sole remaining member of the Board, will serve as interim Chief Financial Officer of the Company, effective immediately, until a successor is duly appointed.  As of the date of this filing, Mr. Gruden has not entered into any supplemental compensatory arrangements as a result of this appointment.  Mr. Gruden's biographical information can be found in the Company's SEC filings, including, most recently, the Company's Annual Report on Form 10-K filed with the SEC on November 13, 2009.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
AMERICAN SIERRA GOLD CORP.
Dated:  September 16, 2010
By:
/s/ Wayne Gruden
Wayne Gruden
Chief Executive Officer
3