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 reported): April 19, 2007
EMVELCO
CORP.
(Exact
name of registrant as specified in charter)
|
Delaware
|
001-12000
|
13-3696015
|
|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
|
of
incorporation)
|
File
Number)
|
Identification
No.)
|
1061
½
N.
Spaulding Ave., Los Angeles CA 90046
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code: (310) 860-5697
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
Euroweb
International Corp.
(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 (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
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On
April
19, 2007, EMVELCO Corp (the “Company”) received a Nasdaq Staff Determination
(the “Determination”) indicating that the Company has failed to comply with the
requirement for continued listing set forth in Marketplace Rule 4310(c)(14)
requiring the Company to file its Form 10-KSB for the year ended December 31,
2006 with the Securities and Exchange Commission and that its securities are,
therefore, subject to delisting from the Nasdaq Capital Market. The Company
has
requested a hearing before a Nasdaq Listing Qualifications Panel (the “Panel”)
to review the Determination. There can be no assurance that the Panel will
grant
the Company’s request for continued listing.
A
copy of
the press release announcing the receipt of the Nasdaq notice is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
|
Exhibit
Number
|
|
Description
|
| |
|
|
|
99.1
|
|
Press
release issued by EMVELCO Corp. on April 23, 2007 (Filed
herewith)
|
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.
| |
|
|
| |
EMVELCO
CORP. |
|
|
|
| |
By: |
/s/ YOSSI
ATTIA |
| |
Name:
Yossi Attia |
| |
Title:
Chief Executive Officer |
| Date: |
April 23, 2007 |
| |
Beverly Hills,
California |