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) November 20, 2009
WORLD
TRANSPORT AUTHORITY, INC.
(Exact
name of registrant as specified in its charter)
Alberta
(State or
other jurisdiction of incorporation)
000-23693
(Commission
File Number)
98-044-0800
(IRS
Employer Identification No.)
2510
Warren Avenue, Cheyenne, WY 82001-3163
(Address
of principal executive offices and Zip Code)
(307)
773-0148; fax: (307) 773-0149
(Registrant’s
telephone number, including area code)
COMPOSITE
AUTOMOBILE RESEARCH, LTD
(Former
name or former address, if changed since last report)
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
240.14-12)
__
Pre-commencement communtication 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 CGR 240.13.e-4 (c))
Item
1.01 Entry into a Material Definitive Agreement
On
December 30, 2009, the board of directors of the Company approved the renewal of
management contracts for William C. Kennedy (chief executive officer, chairman
and director), George I. Bates (secretary, treasurer and director) and David Yue
(director) for one year, or until such time there is a change in
management.
On
November 20, 2009, approximately 31, 975, 330 common 144 Restricted World
Transport Authority, Inc. shares were sold and/or distributed
to certain individuals and entities as settlements for notes owed and for
service provided, with some recently disclosed on required Form
4s. There are 143,978,888 outstanding common shares of World
Transport Authority, Inc. shares.
World
Transport Authority, Inc. may, in the near future, provide a website in order to
communicate with shareholders. If instituted, the website will
be: www.wtaworldstar.com.
Item
8.01 Other Events
As of
December 3, 2009, the new resident agent for World Transport Authority, Inc., an
Alberta corporation, is Incorp Services, Inc., 2510 Warren Avenue, Cheyenne, WY
82001-3163. This is also the new headquarters for World Transport
Authority, Inc., an Alberta corporation.
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.
WORLD
TRANSPORT AUTHORITY, INC.
/s/ William C.
Kennedy
William
C. Kennedy
Chief
Executive Officer
Date: January
19, 2010