Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers On October 12, 2006, the Company announced in a press release the election of Dr. Thomas Beahm and Mr. Thomas O'Brien as Directors. A copy of the press release is attached hereto as Exhibit 99.1. Item 9.01. Financial Statements and Exhibits Exhibit No. Description ----------- ----------- 99.1 Press release dated October 12, 2006 SIGNATURES 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 thereunto duly authorized. MAXXON, INC. /s/ Ron Wheet ---------------------------------------- By: Ron Wheet Chief Executive Officer DATED: October 19, 2006