---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-24-001415"
form_type: "8-K"
ticker: "FCCN"
cik: "0001131903"
company_name: "SPECTRAL CAPITAL Corp"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:42:05.201544+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Spectral Capital appoints Paul Breitenbach and Samson Lee to Board of Directors

## Summary
- Each director receives 30,000 stock options (exercise price at market) plus 8,000 annual refresh options, vesting monthly over 4 years.
- Breitenbach gets options valued at $0.57 each; Lee's options valued at $0.61 each.
- Cash compensation: $25,000 in year 1, $50,000 annually thereafter, plus $2,000 per board meeting attended.
- Breitenbach is founder/CEO of r4 Technologies and former CMO of priceline.com; Lee is founder/CEO of Coinstreet and CSpro.io.
- Both appointments effective June 17 and June 20, 2024, respectively, with four-year terms.

## SEC filing metadata
- accession: 0001096906-24-001415
- form_type: 8-K
- ticker: FCCN
- cik: 0001131903
- company_name: SPECTRAL CAPITAL Corp
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001415/0001096906-24-001415-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001415/fccn-20240617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-24-001415
- JSON: https://secwatch.observer/filing/0001096906-24-001415.json
- Plain text: https://secwatch.observer/filing/0001096906-24-001415.txt

## Key facts
- Executive change
  Samson Lee was appointed as member of the Board of Directors at SPECTRAL CAPITAL Corp.
  - Action: appointed
  - Role: member of the Board of Directors
  source text: On June 20, 2024, pursuant to the Lee Offer Letter, the Company appointed Samson Lee as a member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001415/0001096906-24-001415-index.htm
- Executive change
  Paul Breitenbach was appointed as member of the Board of Directors at SPECTRAL CAPITAL Corp.
  - Action: appointed
  - Role: member of the Board of Directors
  source text: On June 17, 2024, pursuant to the Breitenbach Offer Letter, the Company appointed Paul Breitenbach as a member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001415/0001096906-24-001415-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.