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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>UNITED STATES</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>Washington, D.C. 20549</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>FORM 8-K</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>CURRENT REPORT</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Date of Report (Date of earliest event reported): <B>&nbsp;&nbsp;August 20, 2008 [August 10, 2008]</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>FACT CORPORATION</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Exact name of registrant as specified in its charter)</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>Colorado</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(State or other jurisdiction</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>of incorporation)</P>
</TD><TD valign=top width=18>&nbsp;</TD><TD valign=top width=150><P style="margin:0pt; line-height:7.2pt; font-family:Times New Roman; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; line-height:12.5pt; font-family:Times New Roman; font-size:10.5pt" align=center><B>000-17232</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Commission</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>File Number)</P>
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<P style="margin:0pt; line-height:12.5pt; font-family:Times New Roman; font-size:10.5pt" align=center><B>84-0888594</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(IRS Employer</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Identifica&shy;tion No.)</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>1530 - 9 Avenue S.E., Calgary, Alberta, Canada T2G 0T7</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>&nbsp;(Address of principal executive offices) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip Code)</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>(403) 204-0260</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Registrant&#146;s telephone number, including area code</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>Not applicable</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>&nbsp;(Former name or former address, if changed since last report)</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">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):<BR>
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<P style="margin:0pt; padding-left:18pt; text-indent:-18pt; line-height:13pt; font-family:Wingdings; font-size:11pt">&#168;<FONT FACE="Courier"> </FONT><FONT FACE="Times New Roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR>
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<P style="margin:0pt; padding-left:18pt; text-indent:-18pt; line-height:13pt; font-family:Wingdings; font-size:11pt">&#168;<FONT FACE="Courier"> </FONT><FONT FACE="Times New Roman">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
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<P style="margin:0pt; padding-left:18pt; text-indent:-18pt; line-height:13pt; font-family:Wingdings; font-size:11pt">&#168;<FONT FACE="Courier"> </FONT><FONT FACE="Times New Roman">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
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<P style="margin:0pt; padding-left:18pt; text-indent:-18pt; line-height:13pt; font-family:Wingdings; font-size:11pt">&#168;<FONT FACE="Courier"> </FONT><FONT FACE="Times New Roman">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
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<P style="page-break-before:always; margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><B>Item 5.02</B></P>
<P style="margin:0pt; text-indent:72pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><B>Appointment of Brad D. Hunsaker to the Board of Directors:</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>On August 10, 2008, Mr. Hunsaker was appointed to the Board of Directors of FACT Corporation. &nbsp;Mr. Hunsaker brings forth proven success in general management, marketing and sales with global industry leaders.&nbsp;&nbsp; His expertise includes strategy development and implementation, change management/restructuring, acquisition integration, alliance development, marketing and sales enhancement and new market expansion, across a broad range of product channels.&nbsp; Mr. Hunsaker is currently a Global Executive Vice President in Sales and Marketing for SVP Worldwide in LaVergne, Tennessee, a private equity owned company that combined three of the world&#146;s strongest sewing brands &#150; Singer, Husqvarna Viking and Pfaff, and has served that role since September 2005.&nbsp; From March 2002 to September 2005, Mr. Hunsaker, created a consulting company focused on acquisitions, divestitures and new business creation called HH&amp;C Consultants, LLC in Alpharetta, Georgia, and provided sales and marketing expertise for several acquisitions and divestitures of consumer goods companies.&nbsp; Mr. Hunsaker has also had career experience with Procter &amp; Gamble, Eastman Kodak and Paragon Trade Brands.</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Mr. Hunsaker holds a Masters of Business Administration from University of Utah, Salt Lake City, and a B.S. in Finance, with a minor in Accounting and Economics, from Brigham Young University, Provo, Utah.</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>SIGNATURES</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>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.</P>
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<TABLE cellspacing=0><TR><TD valign=top width=343.2>&nbsp;</TD><TD valign=top width=294><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>FACT CORPORATION</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">August 20, 2008</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">By: <U>/s/ Jacqueline Danforth</U></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jacqueline Danforth</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President</P>
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{"company-data": {"conformed-name": "FACT CORP", "cik": "0000707674", "assigned-sic": "2000", "irs-number": "840888594", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-17232", "film-number": "081030959"}, "business-address": {"street1": "821 HIGHWAY 33", "street2": "N/A", "city": "FREEHOLD", "state": "NJ", "zip": "07728", "phone": "732 780 9132"}, "mail-address": {"street1": "821 HIGHWAY 33", "street2": "N/A", "city": "FREEHOLD", "state": "NJ", "zip": "07728"}, "former-company": {"former-conformed-name": "CAPITAL RESERVE CORP", "date-changed": "19920703"}}
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):
August 20, 2008 [August 10, 2008]
FACT CORPORATION
(Exact name of registrant as specified in its charter)
Colorado
(State or other jurisdiction
of incorporation)
000-17232
(Commission
File Number)
84-0888594
(IRS Employer
Identifica­tion No.)
1530 - 9 Avenue S.E., Calgary, Alberta, Canada T2G 0T7
(Address of principal executive offices)               (Zip Code)
(403) 204-0260
Registrant's telephone number, including area code
Not applicable
(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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Brad D. Hunsaker to the Board of Directors:
On August 10, 2008, Mr. Hunsaker was appointed to the Board of Directors of FACT Corporation.  Mr. Hunsaker brings forth proven success in general management, marketing and sales with global industry leaders.   His expertise includes strategy development and implementation, change management/restructuring, acquisition integration, alliance development, marketing and sales enhancement and new market expansion, across a broad range of product channels.  Mr. Hunsaker is currently a Global Executive Vice President in Sales and Marketing for SVP Worldwide in LaVergne, Tennessee, a private equity owned company that combined three of the world's strongest sewing brands – Singer, Husqvarna Viking and Pfaff, and has served that role since September 2005.  From March 2002 to September 2005, Mr. Hunsaker, created a consulting company focused on acquisitions, divestitures and new business creation called HH&C Consultants, LLC in Alpharetta, Georgia, and provided sales and marketing expertise for several acquisitions and divestitures of consumer goods companies.  Mr. Hunsaker has also had career experience with Procter & Gamble, Eastman Kodak and Paragon Trade Brands.
Mr. Hunsaker holds a Masters of Business Administration from University of Utah, Salt Lake City, and a B.S. in Finance, with a minor in Accounting and Economics, from Brigham Young University, Provo, Utah.
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.
FACT CORPORATION
August 20, 2008
By:
/s/ Jacqueline Danforth
Jacqueline Danforth
President
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