Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
ODonnell Francis Joseph
2. Issuer Name and Ticker or Trading Symbol
COACH INDUSTRIES GROUP INC [CIGI.OB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO and Chairman of the Board
(Last)
(First)
(Middle)

12330 SW 53RD STREET, SUITE 704
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2005
(Street)


COOPER CITY, FL 33330
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock par value $0.001     3         D  
Common Stock par value $0.001     3         I ELM Street Partners

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock par value $0.001 $ 1.28 07/08/2004   A 21,600   07/08/2006 07/08/2014 Common Stock par value $0.001
21,600
$ 1.28 21,600
D
 
Common Stock par value $0.001 $ 1.43 07/12/2004   A 135,000   07/12/2006 07/12/2014 Common Stock par value $0.001
135,000
$ 1.43 156,600
D
 
Common Stock par value $0.001 $ 1.14 08/22/2004   A 60,000   08/22/2006 08/22/2014 Common Stock par value $0.001
60,000
$ 1.14 216,600
D
 
Common Stock par value $0.001 $ 0.9 08/31/2004   A 500,000   08/31/2006 08/31/2014 Common Stock par value $0.001
500,000
$ 0.9 716,600
D
 
Common Stock par value $0.001 $ 1.08 09/01/2004   A 300,000   09/01/2006 09/01/2014 Common Stock par value $0.001
300,000
$ 1.08 1,016,600
D
 
Common Stock par value $0.001 $ 0.99 09/29/2004   A 180,000   09/29/2006 09/29/2014 Common Stock par value $0.001
180,000
$ 0.99 1,196,600
D
 
Common Stock par value $0.001 $ 0.97 12/17/2004   A 150,000   12/17/2006 12/17/2014 Common Stock par value $0.001
150,000
$ 0.97 1,346,600
D
 
Common Stock par value $0.001 $ 0.91 12/27/2004   A 45,000   12/27/2004 12/27/2014 Common Stock par value $0.001
45,000
$ 0.91 1,391,600
D
 
Common Stock par value $0.001 $ 0.56 07/01/2005   A 175,000   07/01/2006 07/01/2015 Common Stock par value $0.001
175,000
$ 0.56 1,566,600
D
 
Common Stock par value $0.001 $ 0.38 08/31/2005   A 100,000   08/31/2006 08/31/2015 Common Stock par value $0.001
100,000
$ 0.38 1,666,600
D
 
Common Stock par value $0.001 $ 0.43 09/30/2005   A 75,000   09/30/2006 09/30/2015 Common Stock par value $0.001
75,000
$ 0.43 1,741,600
D
 
Common Stock par value $0.001 $ 0.43 09/30/2005   A 600,000   09/30/2005 09/30/2015 Common Stock par value $0.001
600,000
$ 0.43 2,341,600
D
 
Common Stock par value $0.001 $ 0.37 10/31/2005   A 30,000   10/31/2006 10/31/2015 Common Stock par value $0.001
30,000
$ 0.37 2,371,600
D
 
Common Stock par value $0.001 $ 0.31 11/21/2005   A 45,750   11/21/2006 11/21/2015 Common Stock par value $0.001
45,750
$ 0.31 2,417,350
D
 
Common Stock par value $0.001 $ 0.31 12/02/2005   A 60,000   12/02/2006 12/02/2015 Common Stock par value $0.001
60,000
$ 0.31 2,477,350
D
 
Common Stock par value $0.001 $ 0.31 12/07/2005   A 12,500   12/07/2006 12/07/2015 Common Stock par value $0.001
12,500
$ 0.31 2,489,850
D
 
Common Stock par value $0.001 $ 2.5 05/31/2004   A 622,593   05/31/2006 05/31/2009 Common Stock par value $0.001
622,593
$ 2.5 622,593
I
By: Elm Street Partners
Common Stock par value $0.001 $ 1.58 08/31/2005   A 379,330   08/31/2006 08/31/2011 Common Stock par value $0.001
379,330
$ 1.58 1,001,923
I
By: Elm Street Partners
Common Stock par value $0.001 $ 1.82 09/01/2005   A 379,330   09/01/2006 09/01/2011 Common Stock par value $0.001
379,330
$ 1.82 1,381,253
I
By: Elm Street Partners
Common Stock par value $0.001 $ 2.12 09/02/2005   A 379,330   09/02/2006 09/02/2011 Common Stock par value $0.001
379,330
$ 2.12 1,760,583
I
By: Elm Street Partners

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ODonnell Francis Joseph
12330 SW 53RD STREET
SUITE 704
COOPER CITY, FL 33330
  X   X   CEO and Chairman of the Board  

Signatures

/s/ Francis O'Donnell 03/13/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.