-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ATsqrEsJWaQKe65LS8MZ6zz5udq70NmVRLIa7kqVstHVDO93EHMSV/V3Qu7YUj5z
 FsqGA+3/cYmvyK/yr/cYlA==

<SEC-DOCUMENT>0000950120-06-000791.txt : 20061221
<SEC-HEADER>0000950120-06-000791.hdr.sgml : 20061221
<ACCEPTANCE-DATETIME>20061221171210
ACCESSION NUMBER:		0000950120-06-000791
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061219
FILED AS OF DATE:		20061221
DATE AS OF CHANGE:		20061221

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Knockout Holdings, Inc.
		CENTRAL INDEX KEY:			0001128008
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-CHEMICALS & ALLIED PRODUCTS [5160]
		IRS NUMBER:				134024018
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1205

	BUSINESS ADDRESS:	
		STREET 1:		100 W. WHITEHALL AVENUE
		CITY:			NORTHLAKE
		STATE:			IL
		ZIP:			60164
		BUSINESS PHONE:		(708) 273-6900

	MAIL ADDRESS:	
		STREET 1:		100 W. WHITEHALL AVENUE
		CITY:			NORTHLAKE
		STATE:			IL
		ZIP:			60164

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED NETWORK MARKETING SERVICES INC
		DATE OF NAME CHANGE:	20001109

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GELBAND ALAN
		CENTRAL INDEX KEY:			0000908361
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-32007
		FILM NUMBER:		061294099

	BUSINESS ADDRESS:	
		STREET 1:		575 MADISON AVE
		STREET 2:		7TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2126882808

	MAIL ADDRESS:	
		STREET 1:		750 THIRD AVENUE
		STREET 2:		16TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>gel-knoform4_1221ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-12-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001128008</issuerCik>
        <issuerName>Knockout Holdings, Inc.</issuerName>
        <issuerTradingSymbol>OTCBB:KNOH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000908361</rptOwnerCik>
            <rptOwnerName>GELBAND ALAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>750 THIRD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-12-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>241000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.04</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2732051</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-12-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.36</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2727051</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Held by the Reporting Person's Pension Plan (2,524,650 shares) and a charitable entity for which he has voting and investment
 powers (202,401 shares)</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Alan Gelband</signatureName>
        <signatureDate>2006-12-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----