Business Context and Reporting Period
This Form 8-K is a current report filed by Intellisense Solutions Inc. (not Odysight.Ai Inc.) on January 8, 2019. The filing addresses significant changes in corporate leadership under Item 5.02.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Resignation: Neil Reithinger resigned as President, Treasurer, and Director effective January 8, 2019. The resignation was not due to any disagreement with the company.
- Appointments:
- Eyal Ben Ami was appointed President and is now the sole Director.
- Oded Gilboa was appointed Treasurer.
Management Commentary and Background
Eyal Ben Ami (President/Director): Age 42. Previously served on the Board of Virtual Crypto Technologies Inc. and as Director of Employee Benefits at IDB Bank of Israel (2008–present). Former professional soccer player. Holds a BA in business management.
Oded Gilboa (Treasurer/CFO): Age 45. Licensed CPA in the U.S. and Israel. Former CFO of TechCare Corp. (2013–2016). Extensive experience in finance and public accounting with over 20 years in the technology and biotech sectors, including roles at Mylan Specialty, Taro Pharmaceuticals, and IDT Corporation. Holds a BA in Economics and Accounting and an MBA.
Related Party Transactions: The company confirmed no transactions exceeding the lesser of $120,000 or 1% of average total assets involving the new officers or their immediate families.
Investor Verification Checklist
- Verify the correct registrant name is Intellisense Solutions Inc., not Odysight.Ai Inc.
- Confirm the effective date of the leadership transition (January 8, 2019).
- Review the professional backgrounds of Eyal Ben Ami and Oded Gilboa for relevant industry experience.
- Note that this filing contains no financial data; refer to 10-K or 10-Q filings for financial metrics.