Item  5.02. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

 

On November 4, 2005, Jordan E. Slone, one of the Company’s directors, resigned his position in an effort to focus on other business activities. Mr. Slone’s resignation did not result from a disagreement with the Company, as such term is defined in 17 CFR 240.36-7, relating to the Company’s operations, policies or practices. A copy of Mr. Slone’s resignation letter is attached as an exhibit hereto.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

 

(a) Financial statements of businesses acquired.

 

Not Applicable.

 

(b) Pro forma financial information.

 

Not Applicable.

 

(c) Exhibits.

 

  99.1     Letter of Resignation for Jordan E. Slone, dated November 4, 2005

 

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Pursuant to the requirement of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Waterside Capital Corporation
By:   /S/    J. ALAN LINDAUER        
   

J. Alan Lindauer

President and Chief Executive Officer

 

Dated: December 2, 2005

 

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EXHIBIT INDEX

 

Number
  

Description of Exhibit

99.1    Letter of Resignation for Jordan E. Slone, dated November 4, 2005

 

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