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) February 2, 2006
Franchise Capital Corporation
(Exact name of Registrant as specified in charter)
Nevada 333-72392 98-0353403
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification)
8566 E. Via De Ventura Suite G217
Scottsdale, AZ 85258
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (480) 355-8142
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS;
On January 30, 2006 the Board of Directors accepted the resignation of Gordon
Sales. The Company is currently seeking a replacement.
ITEM 8.01 OTHER EVENTS
The Board of Directors has agreed to amend the funding agreement between the
Company and Creative Eateries Corporation. The Amendment eliminates the 5 day
grace period and incorporates a 10% penalty on all amounts not paid after the
payment's due date.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. 10: Amendment.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned here unto duly authorized.
Date: February 2, 2006
Franchise Capital Corporation
By: /s/Edward C. Heisler
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Edward C. Heisler, Chairman & CEO