U.S. 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: November 3, 2006 URBAN TELEVISION NETWORK CORPORATION -------------------------------------------------------------------------------- (Exact Name of registrant as specified in its Charter) Nevada 33-58972 22-2800078 ------------------------ ------------------- ------------------- (State of Incorporation) Commission File No. (IRS Employer Identification No.) 2707 South Cooper St. Suite 119 Arlington, TX 76015 ------------------------------------------------ ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, ( 817 ) 303 - 7449 ----------- ----------- -------------- -------------------------------------------------------------------------------- (Registrant's former name and address) Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers. (b) Resignation of an Officer and Director On November 3, 2006, the Board of Directors accepted the resignation of Carl Olivieri, dated October 27, 2006, as Executive Vice President and as a member of our Board of Directors. Mr. Olivieri's Resignation was not the result of any disagreement between us and him. A copy of the press release issued by the Company announcing the resignation of Mr. Olivieri is filed as Exhibit (99) to this Form 8-K. Item 9.01 Financial Statements and Exhibits. (c) Exhibits. (99) Urban Televison Network Corporation New Release dated November 3, 2006. SIGNATURES 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 hereunto duly authorized. Urban Television Network Corporation Dated: November 3, 2006 /s/ Randy Moseley ------------------------------------ By: Randy Moseley Title: Chief Financial Officer