SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 16,
Commission File Number: 0-32593
Regal One Corporation
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
11300 West Olympic Blvd., Suite 800, Los Angeles, California 90064
(Address of principal executive offices)
(Issuer's telephone number, including area code)
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Effective June 16, 2008, the Board of Directors Regal One Corporation (the "Company"), by unanimous written consent, agreed to accept the resignation of Malcolm Currie from his positions as the Company' s Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors. Mr. Currie will, however, remain a director of the Company. The Board also appointed Charles J. Newman to a vacant seat on the Board of Directors and appointed Mr. Newman as the Company's new Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors.
Charles J. Newman, 62, is a private investor with corporate management experience. From 1982 to the present, Mr. Newman has been serving as Chief Executive Officer of NCJ Corporation. From 1985 to the present, Mr. Newman has been serving as the Chief Executive Officer of Mid America Venture Capital Fund, Inc. From 1988 to the present, he has been serving as Chief Financial Officer of Lincoln Loan & Finance Corp., National Acceptance Corporation and Ambassador Finance Co., Inc. Mr. Newman has also been serving as the Chief Executive Officer for those three entities since 2005. From 1993 to the present, Mr. Newman has been serving as President and Director of Mid America Capital Corp. From 2004 to the present, Mr. Newman has been serving as Chief Financial Officer of Viurx Pharmaceuticals, Inc. From 2005 to the present, Mr. Newman has been serving as President and Director of Cardiovas Corporation and, from 1999 to the present, he has served in those same capacities for Porchester Gardens, LTD. From 2000 to the present, Mr. Newman has served as Vice-President and Director of Doubletree Capital Partners, LLC, which is a controlling shareholder of ISA Internationale, Inc., a corporation whose shares are traded on the NASDAQ Over-the-Counter Bulletin Board under the symbol "ISAT".
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.
REGAL ONE CORPORATION
/s/ Charles J. Newman
Charles J. Newman,
Chief Executive Officer
Date: June 17, 2008