UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 ORor 15(d) OFof ~~THE~~the Securities Exchange Act of 1934

~~SECURITIES~~Date ~~EXCHANGE~~of ~~ACT~~Report OF(Date ~~1934~~of earliest event reported): November 14, 2011 EXERCISE FOR LIFE SYSTEMS, INC. Exact name of registrant as specified in its charter

Date of Report (Date of earliest event reported): June 6, 2011

North Carolina	333-153589	22-3464709
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

EXERCISE FOR LIFE SYSTEMS, INC.

92 Gleneagles View, Cochrane, Alberta, Canada	T4C 1P2
(Address of principal executive offices)	(Zip Code)

(~~Exact~~403) 992-3161 Registrant’s telephone number, including area code n/a (Former name ofor ~~registrant~~former asaddress, ~~specified~~if inchanged ~~its~~since ~~charter~~last report)

North Carolina (State or other jurisdiction of incorporation)	333-153589 Commission File Number	22-3464709 (I.R.S. Employer Identification No.)
2001 Beacon Street, Suite 201 Boston, Massachusetts		02135
(Address of principal executive offices)		(zip code)

Registrant’s telephone number, including area code: (617)264-7200

19720 Jetton Road, Suite 300, Cornelius, N.C. 28031 (704) 778-1700 (Registrant’s former name, address and telephone number)

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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

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

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

AsSECTION ~~used in this Current Report on Form 8-K, all references to the “we,” “our”, “us” and the “Company” refer to Exercise For Life Systems, Inc~~5.~~, a company incorporated under the laws of the State of North Carolina.~~

~~Item~~CORPORATE ~~5.02~~GOVERNANCE ~~Departure~~AND ~~of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.~~MANAGEMENT

~~The~~Item ~~Board of Directors of the Company on June 6, 2011 voted to terminate the service of Jeremy Ostrowski as Chairman of the Board, President and Chief Executive Officer of the Company~~5.01 ~~Also,~~Changes ~~Mr.~~in ~~Ostrowski~~Control ~~was removed as an Officer and Director~~ of the Company’s wholly owned Canadian subsidiary, Mediamatic Ventures (“Sub”). Simultaneously, the Board appointed David Solomont as Interim Chairman, President and Chief Executive Officer of the Company and of the Sub. In connection with Mr. Solomont’s appointment, the Company has relocated its principal executive office to 2001 Beacon Street, Suite 201, Boston, MA 02135. The new telephone number for the Company is 617-264-7200 and the fax number is 617-264-7300.Registrant

~~Speaking~~On ofNovember ~~the necessity to remove Mr. Ostrowski~~14, ~~Mr. Solomont~~2011, asBenjamin ~~Interim~~Schaeffer ~~Chairman~~acquired ~~stated,~~a ~~"The~~total ~~Board and management~~ of ~~the~~20,073,410 ~~Company~~shares ~~have expended great effort over the past months in trying to work out the serious cash flow deficiencies arising from the combined effects~~ of ~~the~~common ~~reverse~~stock ~~merger and activities~~ of ~~prior~~Exercise ~~management.~~For ~~Unfortunately,~~Life ~~we finally reached a point where~~Systems, ~~due to the unwillingness of Mr~~Inc. ~~Ostrowski to cooperate with~~ (the ~~Board of Directors in integrating the operations of the Sub into the~~ “Company,”) ~~we were forced to remove him~~ from ~~all~~Jeremy ~~positions with the Company. As Mr.~~ Ostrowski ~~remains~~and aJocelyne significant shareholder of the Company we are hopeful that we can work out an agreement to obtain his cooperation moving forward to fully integrate the operations of the Sub into the Company. We have delayed the filing of the Form 8Hughes-KOstrowski, inrepresenting ~~the hopes that we could also report the successful negotiation of such an agreement but as of the date of this filing we have been unable to reach an agreement with Mr Ostrowski~~50.18% ~~Accordingly the Board has authorized me to take such steps as may be necessary to protect the interests~~ of the ~~shareholders~~total issued and ~~the~~outstanding ~~stakeholders~~shares of the Company ~~as a result of the lack of cooperation from Mr~~. ~~Ostrowski, his attorneys and advisers.”~~

~~David~~The ~~Solomont~~shares ~~has~~were ~~over~~acquired 30by ~~years~~way ~~experience~~of ina Stock Purchase Agreement whereby Mr. Schaeffer purchased the ~~information~~shares ~~technology~~for ~~and~~total ~~software~~consideration ~~industries.~~of He$40,000, iswith a$5,000 ~~founding~~payable ~~General~~on ~~Partner~~signing of ~~UTR~~the ~~Ventures~~agreement and $35,000 Lpayable within 90 days of signing.P. The ~~and~~agreement anrequired ~~active~~the ~~investor~~shares into ~~early~~be ~~stage~~transferred ~~technology~~to ~~companies~~Mr. ~~Solomont~~Schaeffer isupon the ~~founder~~initial payment of ~~Common Angels~~$5,000. As ~~Boston,~~of ~~Massachusetts~~the date of this filing, ~~and~~Mr. ~~advises~~Schaeffer ~~technology~~has ~~companies~~paid ona ~~business~~total ~~development,~~of ~~funding~~$10,000 ~~mergers~~against &the ~~acquisitions~~purchase. The funds paid to date for the purchase were borrowed by Mr. Schaeffer from Mainland Investments Inc. and ~~team~~Able ~~building~~Star Capital Investments Ltd.

~~Mr.~~Item ~~Solomont holds a bachelor's degree in engineering from Tufts University and a master's degree in management from MIT's Sloan School~~5.02 HeDeparture ~~is a founding Trustee and past Chairman~~ of ~~the~~Directors ~~Massachusetts~~or ~~Technology~~Certain ~~Leadership~~Officers; ~~Council~~Election ~~(formerly the Massachusetts Software Council). Mr. Solomont previously served as an Overseer and member~~ of ~~the~~Directors; ~~Information~~Appointment ~~Technology Committee at the Museum~~ of ~~Science,~~Certain ~~Boston~~Officers; ~~and~~Compensatory asArrangements ~~Technology Advisor to the Internet Working Group at the Museum~~ of ~~Fine~~Certain ~~Arts, Boston.~~Officers

~~Mr.~~Departure ~~Solomont is currently employed on an “at will” basis. The Board is planning to negotiate an employment agreement with Mr. Solomont pending the completion~~ of ~~the~~Directors ~~Board’s~~or ~~review~~Certain ~~of current operations and its assessment of the Company’s current business strategy and financial stability.~~Officers

~~EXERCISE~~On ~~FOR~~November ~~LIFE~~14, ~~SYSTEMS~~2011, ~~INC~~Jeremy Ostrowski, Jocelyne Hughes-Ostrowski and Dennis Neiser resigned as directors of Exercise For Life Systems, Inc., a North Carolina corporation (the "Company"). Mr. Ostrowski also resigned as Chief Executive Officer, President, Secretary, Chief Financial Officer and Treasurer.

SNone Iof Gthe Ndirectors Aor Tofficers Unamed Rabove Eresigned Sas a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

~~Pursuant~~Appointment ~~to the requirements~~ of ~~the~~Certain ~~Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.~~Officers

~~EXERCISE~~On ~~FOR~~November ~~LIFE~~14, ~~SYSTEMS~~2011, ~~INC~~Mr. ~~By:~~Benjamin ~~/s/~~Schaeffer ~~David~~was ~~Solomont~~appointed ~~David~~as ~~Solomont~~a ~~Interim~~director, Chief Executive Officer, President, Secretary, Treasurer and Chief ~~Executive~~Financial Officer of the Company.

~~Date:~~Mr. ~~June~~Benjamin 23Schaeffer for the past five years has been a self-employed businessman who has undertaken consulting work to various companies by way of providing investor relations, ~~2011~~assistance in raising funding, contract negotiations and assistance in taking private companies public. For the last two years in addition to his private consulting business he has worked in the automotive industry. Prior he worked part time in the food and beverage industry in various positions.

Mr. Schaeffer intends to devote a substantial portion of his time to the Company and intends to work to seek out acquisitions for the Company in various sectors, including by not limited to technology or oil and gas.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro forma Financial Information.

Not applicable.

(d) Exhibits.

None

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.

	EXERCISE FOR LIFE SYSTEMS, INC.

Dated: February 8, 2012	By:	/s/ Benjamin Schaeffer
	Name:	Benjamin Schaeffer
	Title:	President, Secretary, Treasurer & Director

Filing Compare · EXERCISE FOR LIFE SYSTEMS, INC.