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): February 11, 2008
EMVELCO
CORP.
(Exact
name of registrant as specified in charter)
|
Delaware
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001-12000
|
13-3696015
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|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
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of
incorporation)
|
File
Number)
|
Identification
No.)
|
1061
½
N.
Spaulding Avenue, Los Angeles, CA 90046
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code: (323) 822-1750
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
8.01 Other Events.
On
February 11, 2008, Emvelco Corp. (the “Company”) received a decision letter from
The NASDAQ Stock Market LLC (“NASDAQ”) informing the Company that it has
regained compliance with Marketplace Rule 5310(c)(4). The Staff letter
noted that the closing bid price of the Company’s common stock has been at $1.00
per share or greater for at least 10 consecutive business days.
As
the
Company disclosed in its Form 8-K filed on November 6, 2007, the
Company received a NASDAQ Staff Determination on November 1, 2007 (the
“Determination”) indicating that the Company had failed to comply with the
requirement for continued listing set forth in Marketplace Rule 4310(c)(4)
requiring the Company to maintain a minimum bid price of $1.00 and that its
securities are, therefore, subject to delisting from the NASDAQ Capital Market
if it did not regain compliance by April 29, 2008. Since the Company has
regained compliance, the matter is now closed.
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 |
Los
Angeles, California