Business Context and Reporting Period
This Form 8-K Current Report was filed by Optimumbank Holdings, Inc. on January 7, 2011, covering the event date of January 6, 2011. The filing addresses a corporate governance matter regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a specific corporate event and does not contain financial performance data.
Material Changes
On January 6, 2011, Jack D. Calloway resigned from the Board of Directors of Optimumbank Holdings, Inc. The Company explicitly stated that Mr. Calloway's decision to resign was not the result of any disagreement with the Company.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the director resignation.
Key Facts for Investor Verification
- Jack D. Calloway resigned from the Board of Directors on January 6, 2011.
- The resignation was not caused by any disagreement with the Company.
- The report was signed by Richard L. Browdy, President and Chief Financial Officer.