8-K 1 file1.htm



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):  January 5, 2007


CKRUSH, INC.

(Exact name of Registrant as specified in its charter)



Delaware

0-25563

65-0648808

(State or other jurisdiction of

(Commission File

(IRS Employer

incorporation or organization)

Number)

Identification No.)


336 West 37th Street, Suite 410

 

New York, New York

10018

(Address of principal executive offices)

(Zip Code)


(212) 564-1111

(Registrant’s telephone number, including area code)



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 Instruction A.2. below):


[  ]

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 240.14a-12)


[  ]

Pre-commencement communications 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 CFR 240.13e-4(c))








ITEM 1.01  ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT


On January 5, 2007, we entered into an amendment to our consulting agreement with Joe Abrams. The amendment expands Mr. Abrams’ role with us to Chairman of our subsidiary, Ckrush Digital Media, Inc. The term of the consulting agreement was extended through December 31, 2008, subject to either party’s right to terminate sooner for any reason.

We agreed to issue to Mr. Abrams an aggregate of 4,000,000 shares of our common stock as compensation for his enhanced role. The shares will be issued in escrow on or before February 1, 2007 and released to Mr. Abrams in equal quarterly installments over the remaining two year term of the agreement. The original consulting agreement with Mr. Abrams dated October 12, 2006 remains in full force and effect.  

A copy of the amendment is attached as an exhibit to this report.



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ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS


(c)

Exhibits.


Exhibit Number

Description


10

Amendment to Consulting Agreement

dated January 5, 2007 between

Ckrush, Inc. and Joe Abrams





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SIGNATURE


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, thereunto duly authorized.


Dated:  January 9, 2007 CKRUSH, INC.
(Registrant)
  
 
By: /s/ Jeremy Dallow    
Jeremy Dallow, President





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EXHIBIT INDEX


Exhibit Number Description Page
     
10 Amendment to Consulting Agreement
dated January 5, 2007 between Ckrush,
Inc. and Joe Abrams
5


   

    

   




  




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