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STATES</font></div>
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AND EXCHANGE COMMISSION</font></div>
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DC 20549</font></div>
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8-K</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 PURSUANT</font></div>
    <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">TO
SECTION 13 OR 15(D) OF THE</font></div>
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EXCHANGE ACT OF 1934</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): &#160;September 15, 2008</font></div>
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CORPORATION</font></font></div>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><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; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">see</font>
General Instruction A.2. below):</font></div>
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pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</font></div>
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pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></div>
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communications pursuant to Rule&#160;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</font></div>
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communications pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</font></div>
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PERTAINING TO FORWARD LOOKING STATEMENTS: </font>The Private Securities
Litigation Reform Act of 1995 provides a &#8220;safe harbor&#8221; for forward-looking
statements. Certain of the statements contained herein, which are not historical
facts, are forward-looking statements with respect to events, the occurrence of
which involve risks and uncertainties. These forward-looking statements may be
impacted, either positively or negatively, by various factors. Information
concerning potential factors that could affect the Registrant is detailed from
time to time in the Registrant&#8217;s reports filed with the Commission. This report
contains &#8220;forward looking statements&#8221; relating to the Registrant&#8217;s current
expectations and beliefs. These include statements concerning operations,
performance, financial condition and anticipated growth. For this purpose, any
statements contained in this Form 8-K that are not statements of historical fact
are forward-looking statements. Without limiting the generality of the
foregoing, words such as &#8220;may&#8221;, &#8220;will&#8221;, &#8220;expect&#8221;, &#8220;believe&#8221;, &#8220;anticipate&#8221;,
&#8220;intend&#8221;, &#8220;could&#8221;, &#8220;estimate&#8221;, or &#8220;continue&#8221;, or the negative or other variation
thereof or comparable terminology are intended to identify forward- looking
statements. These statements by their nature involve substantial risks and
uncertainties which are beyond the Registrant&#8217;s control. Should one or more of
these risks or uncertainties materialize or should the Registrant&#8217;s underlying
assumptions prove incorrect, actual outcomes and results could differ materially
from those indicated in the forward looking statements.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <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; Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal 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">The Board
of Directors of SoftNet Technology Corp. has accepted the resignation of Mr.
John Stopper as CEO, for personal reasons, effective immediately. Mr. Stopper
will remain as a Board member as an outside Director of the Corporation. The
Board has named Mr. James Booth interim CEO and has authorized a search for a
replacement.</font></div>
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appreciates the valuable contributions Mr. Stopper made to the Company during
his tenure and looks forward to benefitting from his expertise and knowledge
going forward.</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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9.01&#160;&#160;&#160;&#160; Financial Statements and Exhibits.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div>
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            <td style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a.</font></div>
            </td>
            <td>
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Financial
      Statements of Businesses Acquired.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 54pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
Applicable</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div>
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          <tr valign="top">
            <td style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">b.</font></div>
            </td>
            <td>
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      Forma Financial Information.</font></div>
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Applicable</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div>
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          <tr valign="top">
            <td style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
            <td style="WIDTH: 18pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">c.</font></div>
            </td>
            <td>
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibits.</font></div>
            </td>
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    <div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">99.01</font></div>
            </td>
            <td>
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Press
      Release, dated 9/17/2008.</font></div>
            </td>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to 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.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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September 15, 2008</font></div>
    <div>
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            <td align="left" valign="top" width="57%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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      Technology Corp.</font></div>
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softnet8k091508.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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 15, 2008
SOFTNET TECHNOLOGY
CORPORATION
(Exact
Name of Registrant as Specified in Its Charter)
_________________________________________
(Former
Name of Registrant)
Nevada
(State or
Other Jurisdiction of Incorporation)
000-07693
73-3035831
(Commission
      File Number)
(IRS
      Employer Identification No.)
33
      Wood Ave., S
Suite
      600
Iselin,
      New Jersey
08830
(Address
      of Principal Executive Offices)
(Zip
      Code)
(908)
212-1799
(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))
CAVEAT
PERTAINING TO FORWARD LOOKING STATEMENTS:
The Private Securities
Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking
statements. Certain of the statements contained herein, which are not historical
facts, are forward-looking statements with respect to events, the occurrence of
which involve risks and uncertainties. These forward-looking statements may be
impacted, either positively or negatively, by various factors. Information
concerning potential factors that could affect the Registrant is detailed from
time to time in the Registrant's reports filed with the Commission. This report
contains "forward looking statements" relating to the Registrant's current
expectations and beliefs. These include statements concerning operations,
performance, financial condition and anticipated growth. For this purpose, any
statements contained in this Form 8-K that are not statements of historical fact
are forward-looking statements. Without limiting the generality of the
foregoing, words such as "may", "will", "expect", "believe", "anticipate",
"intend", "could", "estimate", or "continue", or the negative or other variation
thereof or comparable terminology are intended to identify forward- looking
statements. These statements by their nature involve substantial risks and
uncertainties which are beyond the Registrant's control. Should one or more of
these risks or uncertainties materialize or should the Registrant's underlying
assumptions prove incorrect, actual outcomes and results could differ materially
from those indicated in the forward looking statements.
Item
5.02      Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal Officers.
The Board
of Directors of SoftNet Technology Corp. has accepted the resignation of Mr.
John Stopper as CEO, for personal reasons, effective immediately. Mr. Stopper
will remain as a Board member as an outside Director of the Corporation. The
Board has named Mr. James Booth interim CEO and has authorized a search for a
replacement.
The Board acknowledges and
appreciates the valuable contributions Mr. Stopper made to the Company during
his tenure and looks forward to benefitting from his expertise and knowledge
going forward.
Item
9.01     Financial Statements and Exhibits.
a.
Financial
      Statements of Businesses Acquired.
Not
Applicable
b.
Pro
      Forma Financial Information.
Not
Applicable
c.
Exhibits.
99.01
Press
      Release, dated 9/17/2008.
Signatures
Pursuant
to 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.
Date: 
September 15, 2008
SoftNet
      Technology Corp.
By:
/s/ James
      Booth
James
      Booth
President/Interim
      CEO