UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities and Exchange Act of 1934
Date
of
Report (Date of earliest event reported): November 1, 2007
EMVELCO
CORP.
(Exact
name of registrant as specified in charter)
Delaware
001-12000
13-3696015
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Delaware
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001-12000
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13-3696015
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|
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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468
N.
Camden Drive, Suite 315, Beverly Hills, CA 90210
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code: (310) 285-5350
Copies
to:
Gregory
Sichenzia, Esq.
Stephen
M. Fleming, Esq.
Sichenzia
Ross Friedman Ference LLP
61
Broadway
New
York,
New York 10006
Phone:
(212) 930-9700
Fax:
(212) 930-9725
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 (see General Instructions A.2. below):
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
2.01 Completion
of Acquisition or Disposition of Assets
On
November 1, 2007, that certain closing (the “Closing”) took place by and between
Emvelco Corp. (the “Company”) and AP Holdings, on the one hand and Kidron
Industrial Holdings, Ltd. (“Kidron”) on the other hand, in connection with that
certain agreement dated July 19, 2007 with respect to the transfer of
certain of the Company’s assets to Kidron (the “Kidron Transaction”), as
reported on the Company’s 8-K filings dated June 11, 2007 and July 26,
2007.
In
the
Minutes of Completion of the Agreement dated July 19, 2007 (the “Agreement”)
that was conducted on November 1, 2007, the Parties acknowledged that the
preliminary conditions for the Kidron Transaction were satisfied, that due
diligence on the acquired assets; namely, the capital stock of Verge Living
Corporation (“Verge”) and Sitnica, d.o.o. (“Sitnica”) had been completed and
accepted, and that the Company shall receive and be issued pursuant to the
Closing 734,060,505 shares of stock in Kidron.
Item
9.01 Financial Statements and Exhibits
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Exhibit
No.
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Description
of Exhibit
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10.1
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Minutes
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act 1934, the registrant has
duly
caused this report to be signed on its behalf by the undersigned, thereunto
duly
authorized.
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EMVELCO
CORP. |
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By: |
/s/
YOSSI ATTIA |
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Name:
Yossi Attia |
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Title:
Chief Executive Officer |
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Date:
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November
5, 2007
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Beverly
Hills, California
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