Spindle, Inc. (OTCMKTS:SPDL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(a)  Resignation of Chief Executive Officer and a Director

On January 17, 2017, Mr. John Hunnicutt and Spindle, Inc. (the “Company”) mutually agreed to end Mr. Hunnicutt’s service as the Company’s Chief Financial Officer (the “CFO”), effective as of January 17, 2017.  Mr. Hunnicutt’s resignation was not due to any dispute with the Company.

(b) Appointment of Interim Chief Financial Officer

On January 17, 2017, Mr. John Devlin, a member of the board of directors and former CFO of the Company, was appointed by the board to the position of Interim Chief Financial Officer.

Item 9.01

Financial Statements and Exhibits

Exhibits

None.

About Spindle, Inc. (OTCMKTS:SPDL)

Spindle Inc. (SPDL) provides commerce solutions for payment processing services, point-of-sale systems, and customer marketing to small and medium sized businesses. The Company enables businesses to sell their goods and services, accept payment, and create repeat sales though payment processing and marketing and loyalty programs. It operates as a payment facilitator (PF), which offers instant boarding to its merchants, and the Company has added traditional merchant services to its offering. The Company’s Yowza!! branded point-of-sale (POS) platform supplies business with a full commerce solution, which provides critical business functions, online ordering, inventory management and menu management, online ordering, mobile payment acceptance and Eurocard-MasterCard-Visa (EMV) compliance. It operates a self-service PF platform. As a PF, it provides services to merchants under a process defined by the card associations as Aggregation or Master Merchant.

Spindle, Inc. (OTCMKTS:SPDL) Recent Trading Information

Spindle, Inc. (OTCMKTS:SPDL) closed its last trading session 00.0000 at 0.0655 with 5,500 shares trading hands.