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: June 7, 1999 (Date of Earliest Event Reported: March 16, 1999) RIGL CORPORATION _____________________________________________________________________________ (Exact name of registrant as specified in its charter) Nevada 0-24217 85-0206668 _______________ ______________ _____________ (State or other jurisdiction (Commission File No.) (IRS Employer I.D. No.) of incorporation) 4840 East Jasmine Street, Suite 105, Mesa, Arizona 85020 _____________________________________________________________________________ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (602) 654-9646 _____________________________________________________________________________ (Former name or former address, if changed since last report.) Item 6. Resignations of Registrant's Directors. The Registrant reports that on March 16, 1999, Tennessee Webb resigned from his position as Chairman of the Board of Directors. Mr. Webb's resignation was delivered to the other members of the Board in writing. Mr. Webb's resignation was for personal reasons and did not arise from any disagreement with the Registrant on any matter relating to the Registrant's operations, policies or practices. The Registrant reports that on April 17, 1999, Eugene Starr resigned from his position as a member of the Board of Directors. Mr. Starr's delivered a written letter of resignation to the other members of the Board. Mr. Starr's resignation was for personal reasons and did not arise from any disagreement with the Registrant on any matter relating to the Registrant's operations, policies or practices. Item 6 EXHIBIT INDEX Exhibit A - Resignation letter of Tennessee Webb Exhibit B - Resignation letter of Eugene Starr 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, thereto duly authorized. March 29, 1999 RIGL CORPORATION By ________/s/_______________ Kevin Jones As President and Chief Operations Officer EXHIBIT A NOTICE OF RESIGNATION TO: Board of Directors of RIGL Corporation c/o Kevin Jones, President and C.O.O. RIGL Corporation 4840 East Jasmine, Suite 105 Mesa Arizona 85205 Fr: Tennessee Webb Dt: 3-16-99 NOTICE: It has been a positive experience for me to have had the privilege of serving with you for the past three years. As I am endeavoring to create a "Foundation" for Children, as well as pursue other business opportunities, I am currently unable to provide the time to RIGL necessary to serve as an effective Chairman and member of the Board of Directors. With regrets and well wishes for your continuing efforts and success, I hereby resign as Chairman and Director of RIGL Corporation, as well as from the compensation committee, effective March 16, 1999. ____________/s/__________ Tennessee Webb Chairman of the Board of Directors cc: Gene Starr William O'Neal Peter De Krey EXHIBIT B _______________________________________________________________________________ DR. EUGENE STARR:431 SUMMIT ST:ENGLEWOOD CLIFFS, NEW JERSEY 07632:(201)568 0448 _______________________________________________________________________________ April 17, 1999 Mr. Kevin Jones, President RIGL Corporation 4840 E. Jasmine #105 Mesa, AZ 85205 Dear Kevin: I would like to express my appreciation for the opportunity to work with you in RIGL Corporation. However, with the many changes developing at RIGL, I do not feel that I can contribute to the further growth of the corporation. Therefore, I am hereby tendering my resignation from the Board of Directors of the corporation. I wish you success in the future direction Sincerely _____________/s/________________ EUGENE STARR