Cattlesale Co – ‘8-K’ for 3/10/05

On:  Friday, 3/11/05, at 11:00am ET   ·   For:  3/10/05   ·   Accession #:  205239-5-5   ·   File #:  1-07636

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         4     14K 

Document Table of Contents

8-K
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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):  March 11, 2005     

The CattleSale Company          
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(Exact name of registrant as specified in its charter)      
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  Delaware                001-07636                 74-1605174
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(State or Other Jurisdiction  (Commission File Number)      (IRS Employer       
  of Incorporation)                                        Identification No.)

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9901 IH-10 West, Suite 800, San Antonio, Texas   78230-2292                   
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(Address of Principal Executive Offices)          (Zip Code)                    
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Registrant's telephone number, including area code   210-558-2898               
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8-K
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Item 5.   Other Events                                                          

The CattleSale Company announces organization changes as described in the press 
release attached as exhibit 99.1.                                               

Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits.     

99.1  Press Release dated March 11, 2005                                        

FOR IMMEDIATE RELEASE                                                           

THE CATTLESALE COMPANY ANNOUNCES ORGANIZATION CHANGES 

San Antonio, Texas, March 11, 2005...The CattleSale Company (OTC BB "CTLE")     
announced today that Mr. Phillip P. Krumb has been appointed President and will 
succeed Mr. David S. Geiman who will continue to serve on the Company's Board of
Directors. Mr. Krumb has been the Company's Chief Financial Officer since 1999  
and has been a director since 1997. Mr. William K. Richardson, the Company's    
Treasurer, has been appointed Vice President and Chief Financial Officer and    
will serve on the Company's Board of Directors.                                 

The Company also announced that Mr. Edward L. McMillan is retiring as the       
Company's Chairman of the Board, effective March 10, 2005. Mr. McMillan has     
served as the Company's Chairman since February, 2003. Mr. David W. Pequet, a   
company director, has been appointed Interim Chairman of the Board, until a     
replacement can be identified and appointed.                                    

In addition, the Company announced that Mr. Gerald N. Agranoff has resigned as  
the Company's General Counsel. Mr. Agranoff will also continue to serve on the  
Company's Board of Directors. All matters of a legal nature will be referred to 
external Counsel.                                                               

The Company also reported that its wholly owned subsidiary, Wireless Interface  
Systems Inc. ("WIS") is still pursuing a private equity placement of            
approximately $2.0 million The purchase agreement covering WIS's purchase of    
IDComm's proprietary ISO Memory tag technology and database management system   
was contingent on WIS's successful closing of such a placement by the end of    
February, 2005. While there can be no assurances, the company anticipates that  
the placement will be completed, if at all, by the end of March, 2005.          

Contact:
 Mr. Phillip P. Krumb, President
The CattleSale Company
San Antonio, Texas 78230
(210) 558 2898
  This press release contains forward-looking statements about the
business, financial condition and prospects of the Company. The actual results  
of the Company could differ materially from those indicated by the              
forward-looking statements because of various risks and uncertainties, including
without limitation, the risks associated with entering into a new line of       
business, changes in product demand, the reliability of the internet, changes in
competition, economic conditions, new product development, changes in tax and   
other governmental rules and regulations applicable to the Company, and other   
risks indicated in the Company's filings with the Securities and Exchange       
Commission. These risks and uncertainties are beyond the ability of the Company 
to control, and in many cases, the Company cannot predict the risks and         
uncertainties that could cause its actual results to differ materially from     
those indicated by the forward-looking statements. When used in this press      
release the words "believes," "estimates," "plans," "expects," and "anticipates"
and similar expressions as they relate to the Company or its management are     
intended to identify forward-looking statements.                                

8-K
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SIGNATURE           

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.                                           

                          The CattleSale Company
                (Registrant)
Date: March 11, 2005                                                            

                             By:  /s/ Phillip P. Krumb
                    Phillip P. Krumb
                 President and
                            Chief Accounting Officer

8-K
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Exhibit 99-1                                                                    

Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		3/11/05		1		3			None on these Dates
For Period End:		3/10/05		2
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