TV Channels Network, Inc. filed a Form 8-K on October 28, 2026, reporting the resignation of Chief Financial Officer Jorge L. Verar, effective October 31, 2026, and the designation of CEO Darryl Payne as principal financial officer and principal accounting officer.

Key Highlights

  • CFO resignation: Jorge L. Verar notified the company of his resignation as Chief Financial Officer on October 21, 2026, effective October 31, 2026.
  • Successor arrangement: The company disclosed it expects to engage JV CPA INC., an accounting firm of which Mr. Verar is President, as an independent contractor for bookkeeping and financial statement preparation services.
  • New dual role: Effective October 21, 2026, the Board of Directors designated Darryl Payne, already serving as CEO, President, and Chairman, to also serve as principal financial officer and principal accounting officer.
  • No additional compensation: According to the filing, Mr. Payne will not receive any additional compensation in connection with these added roles.
  • Emerging growth company: The filing confirms TV Channels Network, Inc. is designated an emerging growth company under applicable SEC definitions.

CFO Departure and Leadership Changes at TV Channels Network

According to the Form 8-K filed with the SEC on October 28, 2026, Jorge L. Verar submitted his resignation as Chief Financial Officer of TV Channels Network, Inc. on October 21, 2026. His departure becomes effective October 31, 2026. The filing reports that Mr. Verar delivered the resignation notice directly to the company.

Following his departure from the officer role, the company disclosed it expects to engage JV CPA INC. as an independent contractor. The filing identifies JV CPA INC. as an accounting firm of which Mr. Verar is President, and specifies that the contracted services will cover bookkeeping and financial statement preparation. The filing further states that "Mr. Verar will not serve as an officer or employee of the Company" going forward.

To fill the resulting gap in financial oversight, the company's Board of Directors acted on the same date, October 21, 2026, designating Darryl Payne to assume the roles of principal financial officer and principal accounting officer. Mr. Payne already held the positions of Chief Executive Officer, President, and Chairman. The filing notes that his biographical information is available in the company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on April 10, 2026. The filing states that Mr. Payne will not receive any additional compensation in connection with these new responsibilities. TV Channels Network, Inc. is incorporated in Nevada and headquartered at 7582 Las Vegas Blvd. South, Las Vegas, NV 89123. No exchange-listed ticker symbol appears in the filing's registered securities table, as the company indicated its securities are "Not applicable" under Section 12(b) of the Act.

What Was Disclosed

TV Channels Network, Inc. reported the resignation of its CFO Jorge L. Verar effective October 31, 2026, plans to engage his accounting firm JV CPA INC. as an independent contractor, and the Board's designation of CEO Darryl Payne as principal financial and accounting officer without additional pay.