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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001116502-09-000053.txt : 20090114
<SEC-HEADER>0001116502-09-000053.hdr.sgml : 20090114
<ACCEPTANCE-DATETIME>20090114172409
ACCESSION NUMBER:		0001116502-09-000053
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090112
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
FILED AS OF DATE:		20090114
DATE AS OF CHANGE:		20090114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AE Biofuels, Inc.
		CENTRAL INDEX KEY:			0000738214
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL ORGANIC CHEMICALS [2860]
		IRS NUMBER:				840925128
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51354
		FILM NUMBER:		09526990

	BUSINESS ADDRESS:	
		STREET 1:		20400 STEVENS CREEK BLVD
		STREET 2:		SUITE 700
		CITY:			CUPERTINO
		STATE:			CA
		ZIP:			95014
		BUSINESS PHONE:		561-798-2907

	MAIL ADDRESS:	
		STREET 1:		20400 STEVENS CREEK BLVD
		STREET 2:		SUITE 700
		CITY:			CUPERTINO
		STATE:			CA
		ZIP:			95014

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARWICH II LTD
		DATE OF NAME CHANGE:	19840123
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>aebiofuels8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>United State Securities and Exchange Commission Edgar Filing</TITLE>
<META NAME="date" CONTENT="01/13/2009">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<P style="margin:0px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:2.2px; padding-bottom:4px; border-bottom:4px solid #000000" align=right>&nbsp;</P>
<P style="margin:0px; padding-top:4px; border-top:1.333px solid #000000" align=right>&nbsp;</P>
<P style="line-height:16pt; margin:0px; font-size:14pt" align=center><B>UNITED STATES </B></P>
<P style="line-height:16pt; margin:0px; font-size:14pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B> </P>
<P style="margin-top:0px; margin-bottom:6.667px" align=center><B>Washington, D.C. 20549</B></P>
<P style="line-height:12.5pt; margin-top:0px; margin-bottom:3.533px; font-size:10.5pt" align=center><B><SUP>______________</SUP></B></P>
<P style="line-height:16pt; margin-top:18.667px; margin-bottom:0px; font-size:14pt" align=center><B>FORM 8-K</B></P>
<P style="line-height:12.5pt; margin-top:3.533px; margin-bottom:14px; font-size:10.5pt" align=center><B><SUP>______________</SUP></B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:8px; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0px" align=center><B>Pursuant to Section&nbsp;13 or 15(d) of<BR>
the Securities Exchange Act of 1934</B></P>
<P style="margin:0px; font-size:3pt" align=center>&nbsp;</P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center>Date of report (Date of earliest event reported): <B>January&nbsp;12, 2009</B></P>
<P style="line-height:12.5pt; margin-top:0px; margin-bottom:3.533px; font-size:10.5pt" align=center><B><SUP>______________</SUP></B></P>
<P style="line-height:26pt; margin-top:16px; margin-bottom:0px; font-size:24pt" align=center><B>AE BIOFUELS, INC.</B> </P>
<P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>(Exact Name of Registrant as Specified in its Charter)</I></P>
<P style="line-height:12.5pt; margin-top:3.533px; margin-bottom:10.533px; font-size:10.5pt" align=center><B><SUP>______________</SUP></B></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=208></TD><TD width=208.067></TD><TD width=207.933></TD></TR>
<TR><TD valign=bottom width=208><P style="margin:0px">&nbsp;</P>
</TD><TD valign=bottom width=208.067><P style="margin:0px">&nbsp;</P>
</TD><TD valign=bottom width=207.933><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=208><P style="margin:0px" align=center><B>Nevada</B></P>
</TD><TD width=208.067><P style="margin:0px" align=center><B>000-51354</B></P>
</TD><TD width=207.933><P style="margin:0px" align=center><B>26-1407544</B></P>
</TD></TR>
<TR><TD valign=top width=208><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>(State or Other Jurisdiction </I></P>
</TD><TD valign=top width=208.067><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>(Commission File Number) </I></P>
</TD><TD valign=top width=207.933><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>(I.R.S. Employer</I></P>
</TD></TR>
<TR><TD valign=top width=208><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>of Incorporation) </I></P>
</TD><TD valign=top width=208.067><P style="margin:0px; font-size:8pt" align=center><I>&nbsp;</I></P>
</TD><TD valign=top width=207.933><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>Identification No.)</I></P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=312></TD><TD width=312></TD></TR>
<TR><TD valign=top width=312><P style="margin:0px" align=center><B>20400 Stevens Creek Blvd., Suite 700</B></P>
</TD><TD valign=top width=312><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=312><P style="margin:0px" align=center><B>Cupertino, California</B></P>
</TD><TD valign=top width=312><P style="margin:0px" align=center><B>95014</B>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=312><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>(Address of Principal Executive Offices) </I></P>
</TD><TD valign=top width=312><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><I>(Zip Code)</I></P>
</TD></TR>
<TR><TD valign=top width=312><P>&nbsp;</P></TD><TD valign=top width=312><P>&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px" align=center><B>(408)&nbsp;213-0940</B></P>
<P style="line-height:10pt; margin-top:0px; margin-bottom:7.133px; font-size:8pt" align=center><I>(Registrant&#146;s telephone number, including area code)</I></P>
<P style="margin:0px; font-size:1pt" align=center>&nbsp;</P>
<P style="margin:0px; padding-right:-48px">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin:0px"><BR></P>
<A NAME="000"></A><TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=15.733></TD><TD width=608.6></TD></TR>
<TR><TD style="border:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P style="margin:0px">&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
</TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P style="margin:0px">&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
</TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P style="margin:0px">&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
</TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.733><P>&nbsp;</P></TD><TD valign=top width=608.6><P style="margin:0px">&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:2.2px; padding-bottom:4px; border-bottom:1.333px solid #000000">&nbsp;</P>
<P style="margin:0px; padding-top:4px; border-top:4px solid #000000">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:13.333px"><BR>
<BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin-top:0px; margin-bottom:-16px; page-break-before:always"><B>Item 5.02</B></P>
<P style="margin-top:0px; margin-bottom:8.867px; text-indent:72px"><B>Appointment of Certain Officers; Departure of Certain Officers.</B></P>
<P style="margin-top:0px; margin-bottom:8.867px">Effective January&nbsp;12, 2009 (the &#147;Effective Date&#148;), Mr.&nbsp;William J. Maender&#146;s three year contract with the Company expired and Scott A. Janssen, 39, the Company&#146;s Senior Vice President of Finance assumed the office of Executive Vice President and Chief Financial Officer for AE Biofuels, Inc. &nbsp;Mr.&nbsp;Janssen has more than 15 years experience in public and private accounting with global public accounting firms and for public and private companies. </P>
<P style="margin-top:0px; margin-bottom:8.867px">Mr.&nbsp;Janssen began consulting with the Company in March&nbsp;2008 and on June&nbsp;17, 2008 was engaged as the Company&#146;s Senior Vice President of Finance. From December&nbsp;2005 to March&nbsp;2008, Mr.&nbsp;Janssen was a financial consultant with Level Path Consulting and Kranz &amp; Associates in Silicon Valley, California where he acted as interim Chief Financial Officer or financial advisor to several high technology companies, including three IPO&#146;s. From July&nbsp;2004 to December&nbsp;2005, Mr.&nbsp;Janssen was a Senior Manager with Ernst &amp; Young, a global public accounting firm, in San Jose, California. From June&nbsp;2002 to July&nbsp;2004, Mr.&nbsp;Janssen was Controller and acting Chief Financial Officer with Barcelona Design Software, an enterprise software company in Newark, California. </P>
<P style="line-height:normal; margin-top:0px; margin-bottom:8.867px">Mr.&nbsp;Janssen received a Bachelor&#146;s of Science in Mathematics/Applied Science from the University of California, Los Angeles in 1991 and is a licensed Certified Public Accountant. There is no family relationship between Mr.&nbsp;Janssen and any director or executive officer of the Company.<FONT style="font-size:12pt"> </FONT>There is no transaction or any currently proposed transaction in which the Company was or is to be a participant and in which Mr.&nbsp;Janssen had or will have a direct or indirect material interest.</P>
<P style="margin-top:0px; margin-bottom:8.867px">In connection with his appointment as Senior Vice President, on June 17, 2008, the Company entered into a two year employment agreement with Mr. Janssen (the &#147;Employment Agreement&#148;). Pursuant to the Employment Agreement, Mr. Janssen is paid annual compensation of $180,000. In addition, Mr. Janssen is entitled to an annual cash bonus of up to $50,000 based upon attainment of certain performance milestones except for 2008 when he is entitled to a bonus of up to $25,000 made at the discretion of the Board. In addition, Mr. Janssen has been granted a stock option to purchase 200,000 shares of the Company's common stock at an exercise price equal to the closing market price on the date of grant. Twenty five thousand (25,000) of the shares subject to the option vest and become exercisable on the last day of each calendar quarter beginning September 30, 2008. The Company will pay up to three months of severance and health benefits in the event Mr. Janssen i
s terminated without &#147;cause&#148; (as defined in the Employment Agreement) or &#147;constructively terminated&#148; (as defined in the Employment Agreement&#148;).</P>
<P style="margin-top:0px; margin-bottom:8.867px">On January&nbsp;12, 2009, Mr.&nbsp;William J. Maender retired from his positions as Chief Financial Officer and Secretary of the Company. Mr.&nbsp;Maender also resigned as an officer and director of, and from all other positions with, the Company's subsidiaries and affiliates as of the Effective Date.</P>
<P style="margin-top:0px; margin-bottom:8.867px">Alisande M. Rozynko, the Company&#146;s corporate counsel, will assume the office of Corporate Secretary.</P>
<P style="margin-top:0px; margin-bottom:13.333px" align=center><BR>
<BR></P>
<P style="margin:0px" align=center>2</P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin-top:0px; margin-bottom:13.333px; page-break-before:always" align=center><B>SIGNATURES</B> </P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px">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.</P>
<P style="margin-top:0px; margin-bottom:13.333px">Dated: January&nbsp;13, 2009 </P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=386.267></TD><TD width=28.8></TD><TD width=208.933></TD></TR>
<TR><TD valign=top width=386.267><P>&nbsp;</P></TD><TD valign=top width=237.733 colspan=2><P style="margin:0px"><B>AE BIOFUELS, INC.</B></P>
</TD></TR>
<TR><TD valign=top width=386.267><P style="margin:0px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=28.8><P>&nbsp;</P></TD><TD valign=top width=208.933><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=386.267><P style="margin:0px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=28.8><P>&nbsp;</P></TD><TD valign=top width=208.933><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=386.267><P>&nbsp;</P></TD><TD valign=top width=28.8><P style="margin:0px">By: </P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=208.933><P style="line-height:normal; margin:0px">E<FONT style="font-size:6pt">RIC</FONT> A. M<FONT style="font-size:6pt">C</FONT>A<FONT style="font-size:6pt">FEE</FONT></P>
</TD></TR>
<TR><TD valign=top width=386.267><P>&nbsp;</P></TD><TD valign=top width=28.8><P>&nbsp;</P></TD><TD valign=top width=208.933><P style="margin:0px">Eric A. McAfee</P>
</TD></TR>
<TR><TD valign=top width=386.267><P>&nbsp;</P></TD><TD valign=top width=28.8><P>&nbsp;</P></TD><TD valign=top width=208.933><P style="margin:0px">Chief Executive Officer</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=center>3</P>
<P style="margin:0px"><BR></P>
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