UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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) - April 14, 2008
MYSTARU.COM,
INC.
(Exact
name of Registrant as Specified in Charter)
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Delaware
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333-62236
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35-2089848
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(State
or Other Jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
Incorporation)
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Identification
No.)
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9/F.,
Beijing Business World,
56
Dongxinglong Avenue, CW District, Beijing, China 100062
(Address
of Principal Executive Offices) (Zip Code)
Registrant’s
telephone number, including area code - (86) 10 6702 6968
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
Instruction 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))
oPre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01. Other Events.
On
April
14, 2008, Subaye.com, Inc. (“Subaye”), a Delaware corporation and majority owned
subsidiary of MyStarU.com, Inc., filed a registration statement on Form S-1
(File no. 333-150226) with the Securities and Exchange Commission (the
“Registration Statement”). The prospectus to the Registration Statement (the
“Prospectus”) relates to 2,689,627 shares of common stock of Subaye (the
“Shares”), which may be resold by 11 selling security holders named therein (the
“Selling Security Holders”). The Selling Security Holders may offer to sell all
or a portion of their Shares offered in the Prospectus from time to time once
the Registration Statement is declared effective by the Securities and Exchange
Commission.
Subaye’s
common stock is not presently traded on any market or securities exchange,
and
Subaye has not applied for listing or quotation on any public market. Further,
there is no assurance that Subaye’s common stock will ever trade on any market
or securities exchange. Subaye will not receive any proceeds from the resale
of
the Shares being offered for sale by the Selling Security Holders.
Subaye
is
a leading provider of video sharing services, corporate branding videos,
internet marketing services and internet video sharing services in China.
Subaye’s platform consists of its website, Subaye.com and the Subaye Alliance
network, which is its network of third-party websites. Subaye’s services are
designed to enable internet users to find and view videos online. As of March
31, 2008, its video database consisted of over 46,233 profiles of corporate
video showcases. These showcases offer a cost-effective venue for small to
mid-size enterprises to advertise their products and services and establish
and
enhance their corporate brands. Subaye also provides its users with easy access
to an index of over 1.2 million video clips, images and web pages.
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.
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MYSTARU.COM,
INC.
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| Date: April
24, 2008 |
By: |
/s/ Alan
Lun |
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Alan
Lun |
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Chief
Executive Officer |