UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported) ~~August~~September 1712, 2012

CONTINUITYX SOLUTIONS, INC.

(Exact name or registrant as specified in its charter)

Delaware		4841		27-2701563
(State or other jurisdiction of incorporation)		(Primary Standard Industrial Classification Code Number)		(I.R.S. Employer Identification No.)

ContinuityX Solutions, Inc.

610 State Route 116

Metamora, IL 61548

(Address of Principal Executive Offices, Including Zip Code)

309-367-2800

(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

1ITEM 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~ITEM~~On 1September 12, 2012, Mr.~~01: Entry~~ Anthony Roth resigned as an Executive Officer of ContinuityX Solutions, Inc. ("We", "Us", "Our" or the “Company”) from his positions as Executive Vice President, Treasurer and Corporate Secretary and as a director of the Company. Mr. Roth had previously resigned as CFO of the Company on August 16, 2012. Pursuant to his resignation, Mr. Roth entered into a ~~Material~~Severance ~~Definitive~~Agreement and Mutual Release (the “Agreement”) with the Company dated September 12, 2012. With Mr. Roth’s departure, David Godwin is the Company’s sole director. We intend to elect additional board members in the near future.

OnPursuant ~~August~~to ~~17th,~~the ~~2012~~Agreement, ~~ContinuityX~~Mr. ~~Solutions,~~Roth ~~Inc.~~shall ~~("We"~~continue to receive his base salary, ~~"Us"~~automobile allowance and office expense reimbursement until March 31, ~~"Our"~~2013 oras ~~the~~well ~~"Company")~~as ~~entered~~a ~~into~~pro anrata ~~consulting~~bonus ~~agreement~~for ~~(the~~his ~~“Agreement”)~~eight ~~with~~months ~~BAW~~of ~~Holdings~~service ~~Corp.~~in 2012 and ~~Brian~~continuation ~~Wasserman. Pursuant~~of tohis ~~the~~health ~~term~~insurance ofcoverage ~~the~~until ~~Agreement~~September 30, 2013. Mr. ~~Wasserman~~Roth ~~has~~shall ~~agreed~~also tobe ~~undertake~~paid ~~the~~all ~~title~~accrued and ~~duties~~unpaid ofcompensation. The ~~Chief~~Agreement ~~Financial~~also ~~Officer~~provides ~~(“CFO”)~~for ofMr. Roth and the Company~~. The~~ ~~terms~~to ofmutually ~~the~~release ~~agreement~~each ~~are~~other ~~discussed~~from ~~further~~any inpast ~~Item~~claims ~~5.02~~except ofthose ~~this~~pursuant ~~report~~to the Agreement.

~~ITEM~~In 5addition, pursuant to the Agreement, Mr.~~02: Appointment~~ Roth executed a Stock Purchase Agreement (the “SPA”). Pursuant to the SPA, Mr. Roth sold two million six hundred fourteen thousand three hundred (2,614,300) shares of ~~Principal~~Common ~~Officers~~Stock of the Company to various purchasers for a total payment price of two hundred fifty thousand dollars. In addition the SPA provides that Mr. Roth shall enter into and close on a second purchase agreement for the sale of four million three hundred eighty-five thousand seven hundred (4,385,700) shares of Common Stock of the Company for a total payment price of four hundred fifty thousand ($450,000) dollars within forty-five (45) days after the SPA closes.

On August 17, 2012, Mr. Anthony Roth resigned from his position as CFO of the Company. Mr. Roth remains a director of the Company as well as our Executive Vice President and Corporate Secretary.

On August 17, 2012, pursuant to action of our Board of Directors, Mr. Brian Wasserman was appointed CFO of the Company.

Identification of executive officers

Our present executive officers and directors, their ages and present positions are as follows:

Name	Age	Position	First Year Elected/Appointed
David Godwin	50	President, CEO, Director	2011
Anthony Roth	48	Executive Vice President, Corporate Secretary, Director	2011
Brian Wasserman	46	CFO	2012

Mr. Wasserman shall hold office until the next annual meeting of the Board of Directors and until his successor, if any, has been duly appointed and qualified.

Family relationships

Mr. Wasserman does not have a family relationship with any director, executive officer, or person nominated or chosen by the registrant to become a director or executive officer.

Business experience

Background

Brian Wasserman, CPA, was appointed CFO of the Company on August 17, 2012. Although Mr. Wasserman will not devote all his professional time to serving as the CFO of the Company, he will devote as much time as is necessary to fully and professionally perform his duties as our CFO. He has served as a director of SG Blocks, Inc. (“SGB”) since May 23, 2012 as well serving as SGB’s Chief Financial Officer since June 2011. Mr. Wasserman has been a Partner and a Director of Forensic Services at Janover, LLC, a public accounting firm since January 2010 and the Chief Executive Officer of BAW, a financial consulting business, since September 2005. Mr. Wasserman was a founder, the Chief Financial Officer and Treasurer of Newtek Business Services, Inc. (“Newtek” — NASDAQ Symbol “NEWT”) from September 1997 through July 2005. Newtek is a direct distributor of a wide range of business services and financial products to the small- and medium-sized business market under the Newtek brand. Newtek serves as a “one-stop-shop” provider of business services to the small- and medium-sized business market. From 1992 thru 1997, Mr. Wasserman was the Chief Financial Officer for a Wall Street investment banking firm, the General Partner of various investment limited partnerships and the Treasurer of Engex, Inc., a publicly traded closed end mutual fund. Mr. Wasserman is a licensed New York State Certified Public Accountant and holds a BS in Accounting from Lehigh University. From 1987 thru 1992, Mr. Wasserman worked for Coopers & Lybrand (now PricewatershouseCoopers) and achieved the position of Manager.

Mr. Wasserman is not presently involved in any transactions with the Company other than his consulting agreement.

Pursuant to the Agreement among Mr. Wasserman, BAW Holdings Corp. (“BAW”) and the Company, Mr. Wasserman shall serve as our CFO commencing August 17, 2012 for three years until August 15, 2015, performing, with the assistance of BAW Holdings Corp., all of the duties normally associated with that position. Mr. Wasserman is the President and Chief Executive Officer of BAW and he and his wife are the sole stockholders of the corporation. Mr. Wasserman and BAW shall jointly receive compensation of $10,500 per month and BAW shall receive options to purchase 2,720,000 shares of Common Stock of the Company at an exercise price of $0.183 per share (the “Options”). One-sixth of the Options have vested as of August 17, 2012 and an additional one-sixth of the Options shall vest on December 31 and June 30 of each year until the Options are fully vested on December 31, 2014. The Options shall be exercisable for a period of five years commencing on the date each portion of the Options vests. The Agreement states that the Company shall enter into an indemnification agreement with Mr. Wasserman. That agreement has not yet been executed.

ITEM 9.01: Exhibits

Exhibit 10.1 – ~~Consulting~~Severance Agreement and Mutual Release dated ~~August~~September 1612, 2012 by and ~~among~~between Anthony Roth and ContinuityX Solutions, Inc.~~, BAW Holdings Corp. and Brian Wasserman.~~*

3*- The ContinuityX, Inc. Employment Agreement dated April 30, 2011 by and between Anthony Roth and ContinuityX, Inc., which is exhibit 1 to the Severance Agreement and Mutual Release was previously filed by the Company as Exhibit 10.8 to the Form 8-K/A filed on November 23, 2011.

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 hereunto duly authorized.

	ContinuityX Solutions, Inc. (the Company)
Dated: August 23, 2012	By:	/s/ David Godwin
Dated: September 18, 2012	By:	/s/ David Godwin
		David Godwin
		Title: President

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