8-K

                                  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): March 16, 2005


                          ActiveCore Technologies, Inc.
             (Exact name of registrant as specified in its charter)


           Nevada                        000-30397              65-6998896
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(State or Other Jurisdiction of        (Commission             (IRS Employer
       Incorporation)                  File Number)          Identification No.)


156 Front Street West, Suite 210, Toronto, Ontario, Canada         M5J 2L6
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      (Address of Principal Executive Officers)                   (Zip Code)


       Registrant's telephone number, including area code: (416) 252-6200


          (Former name or former address, if changed since last report)

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):

|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

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This Form 8-K and other reports filed by Registrant from time to time with the
Securities and Exchange Commission contain or may contain forward-looking
statements as that term is defined in the Private Securities Litigation Reform
Act of 1995. These statements relate to future events or our future financial
performances. In some cases, you can identify forward-looking statements by
terminology such as "may", "will", "should", "intends", "expects", "plans",
"anticipates", "believes", "estimates", "predicts", "potential", or "continue",
or the negative of these terms or other comparable terminology. Such statements
reflect the current view of Registrant with respect to future events and are
subject to risks, uncertainties, assumptions and other factors relating to
Registrant's industry, Registrant's operations and results of operations and any
businesses that may be acquired by Registrant. Should one or more of these risks
or uncertainties materialize, or should the underlying assumptions prove
incorrect, actual results may differ significantly from those anticipated,
believed, estimated, expected, intended or planned.

Although Registrant believes that the expectations reflected in the
forward-looking statements are reasonable, Registrant cannot guarantee future
results, levels of activity, performance or achievements. Except as required by
applicable law, including the securities laws of the United States, Registrant
does not intend to update any of the forward-looking statements to conform these
statements with actual results.

Item 1.01 Entry Into a Material Definitive Agreement

On March 16, 2005, ActiveCore Technologies, Inc. (the "Company") signed a share
purchase agreement (the "Share Purchase Agreement") with Andrew Wickett
("Wickett") and Debbie Gracie-Smith ("Gracie-Smith"), the only shareholders of
Cratos Technology Solutions Inc. ("Cratos"), pursuant to which the Company will
acquire all of the stock of Cratos in exchange for approximately CAD$2.6 million
in cash and Company common stock. The closing of the transaction is contingent
on certain conditions described below and is expected to occur on March 25th,
2005.

Under the terms of the Share Purchase Agreement, the Company will issue
approximately 8.9 million shares of common stock of the Company (the "Purchaser
Shares") and pay cash in the amount of CAD$200,000 which will be paid to Wickett
and Gracie-Smith in equal proportions. The per share stock consideration will be
USD$0.223 which is based on the 20 trading day average closing price of the
Company's common stock determined at the time of execution of the Share Purchase
Agreement. The purchase price is subject to an adjustment mechanism which will
require (i) the Company to issue additional shares to Wickett and Gracie-Smith
(in equal proportions) in the event Cratos' exceeds certain specified financial
targets, and (ii) Wickett and Gracie-Smith to contribute back to the Company's
treasury Purchaser Shares (in equal proportions) in the event Cratos' fails to
achieve certain specified financial targets.

In addition to the foregoing, the Company will also make a cash payment on
behalf of Cratos to its primary supplier which cash payment will equal all
amounts due to such supplier and which amounts represent receivables to Cratos.
This supplier will also receive a specified number of bonus shares of the
Company's common stock in consideration for its agreement to (i) enter into
renewed agreements which Cratos, and (ii) terminate any existing security
agreements between such party and Cratos as well as discharge any registered
security and agree to subordinate any future security to that of any senior
lender of the Company.

Registration Rights Agreement

The shares of the Company's common stock to be issued pursuant to the Share
Purchase Agreement will not be registered at the time of issuance with the
Securities Exchange Commission (the "Commission") or the securities commission
of any United States state, and were issued in reliance upon an exemption under
the Securities Act of 1933. Pursuant to the terms of the Share Purchase
Agreement, the Company will grant to each of Wickett and Gracie-Smith
registration rights in respect of the Purchaser Shares which will require the
Company to prepare and file with the Commission, no later than 90 days from the
closing date, a registration statement in respect of said shares. The Company
shall use its best efforts to have the registration statement declared effective
by the Commission within 120 days of the closing date.

Lock-Up Agreement

Pursuant to the terms of the Share Purchase Agreement, each of Wickett and
Gracie-Smith will agree to a contractual lock-up and voting restrictions in
respect of the Purchaser Shares. Specifically, the Purchaser Shares will be
subject to a lock-up in accordance with the following release conditions: (i)
20% of the Purchaser Shares shall be released on the seventh business day
following the closing date; (ii) 40% of the Purchaser Shares will be released on
the first anniversary of the closing date; and (iii) 40% of the Purchaser Shares
will be released on the second anniversary of the Closing Date.

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Each of Wickett and Gracie-Smith will also agree for a period of two years from
the closing date to vote the Purchaser Shares in support of any recommendation
made by the directors and/or management of the Company at any annual or special
meeting of the Company.

Employment Agreement for Wickett

Pursuant to the terms of the Share Purchase Agreement, Wickett (or a personal
services company on Wickett's behalf) and the Company shall enter into an
employment agreement pursuant to which Wickett shall continue as Cratos'
President and Chief Executive Officer for a period of two years after the
closing date. The employment agreement provides for an annual salary of
CAD$130,000 and a bonus of 3% of Cratos' net revenues to be determined on a per
project basis.

Employment Agreement for Gracie-Smith

Pursuant to the terms of the Share Purchase Agreement, Gracie-Smith (or a
personal services company on Gracie-Smith's behalf) and the Company shall enter
into an employment agreement pursuant to which Gracie-Smith shall continue as
Cratos' Chief Operating Officer for a period of two years after the closing
date. The employment agreement provides for an annual salary of CAD$130,000 and
a bonus of 3% of Cratos' net revenues to be determined on a per project basis.

Reverse Stock Split

As a condition to the acquisition of Cratos, the Company agreed to complete a
ten for one reverse split of its common stock. On March 1, 2005, the reverse
split was effective. Upon completion of the reverse split and prior to the
acquisition of Cratos, the Company had approximately 49 million shares of common
stock issued and outstanding. All of the shares that will be issued in
connection with the Cratos acquisition will be post-split shares. The
reverse-stock split was reported in a current report on Form 8-K by the Company
on February 22, 2005.

Press Release

On March 16, 2005, the Company issued a press release discussing the Share
Purchase Agreement and the transaction. A copy of that press release is attached
hereto as Exhibit 99.1

                                   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.

Dated: March 22, 2005

ActiveCore Technologies, Inc.


By: /s/ [Peter J. Hamilton]
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Name: Peter J. Hamilton
      President & CEO

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EXHIBIT INDEX

Exhibit No.   Description
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10.1
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10.2
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10.3
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99.1          Press Release
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EX-99.1

      ActiveCore Completes Acquisition of Cratos Technology Solutions Inc.

         Acquisition is projected to add $7.5 million in revenue in 2005

TORONTO, March 16, 2005 - ActiveCore  Technologies Inc. (OTC BB: ATVE) announced
today that it has finalized its acquisition of Cratos Technology  Solutions Inc.
Cratos is a software solutions company specializing in international banking and
transaction  processing  software  sales and  integration.  ActiveCore  will pay
approximately  CAD$2.7  million in cash and  ActiveCore  stock to  complete  the
acquisition.

ActiveCore  President & CEO, Mr. Peter  Hamilton  stated,  "The  acquisition  of
Cratos is a major milestone for ActiveCore. This acquisition completes the first
of two major  acquisitions  for 2005 and will be instrumental in adding critical
mass to our data  integration  operations  in  North  America  and will  further
solidify our market position within the European market.  The combination of our
current  United  Kingdom  operation  under the  Twincentric  banner with Cratos'
operations  will give ActiveCore a solid  blue-chip  customer base  establishing
long-term relationships and recurring revenues."

Under the terms of the Cratos Agreement, ActiveCore will issue approximately 8.9
million  shares  at  USD$0.223  (the  20 day  average  closing  price)  and  pay
CDN$200,000 for 100% of the shares and the  intellectual  property of Cratos.  A
significant  portion of the  issued  shares  will be  subject  to a  contractual
lock-up that will release the issued  shares over a 24-month  period.  Under the
terms of the Cratos  Agreement,  the issued share portion of the purchase  price
may be adjusted based on Cratos' net income achievement during the next 24-month
period.

Since its inception  five years ago,  Cratos has recorded  average  annual sales
revenues of approximately  CAD$5,000,000 with an average EBITDA of approximately
$500,000.  Cratos  currently  projects 2005 sales  revenues to be  approximately
$7,500,000 with an EBITDA of $800,000.

Andrew  Wickett,  CEO of Cratos  said,  "We are very  excited  about  officially
joining the ActiveCore team and believe that this synergistic  relationship will
allow  Cratos to offer its clients a whole new array of products  and  services,
resulting in increased  sales.  This new  relationship  will undoubtedly help to
expedite the growth of both organizations."

Following  the  issuance  of  shares  for  CRATOS  there  will be  approximately
58,900,000 common shares of ActiveCore outstanding with approximately 20,000,000
in  the  public  float.   Employees,   management  and  other   affiliates  hold
approximately 65% of the outstanding shares.

Mr. Hamilton further  commented,  "I would like to reiterate for the record that
we anticipate  fiscal 2005 to be an extraordinary  year for growth and sales. It
is projected that ActiveCore  will generate  between $18-$20 million in revenues
and will enjoy profit after income tax of  approximately  $3.5-$4 million for an
estimated  earnings  per share of 6 to 7 cents a share,  based on the  projected
average number of outstanding common shares for 2005."


This press  release is  available  on the  company's  official  online  investor
relations site for investor  commentary,  feedback and questions.  Investors are
asked  to  visit  http://www.agoracom.com  and  view  the  "ActiveCore"  IR Hub.
Alternatively,  investors  can  e-mail  AGORA  Investor  Relations  directly  at
ATVE@Agoracom.com.

About  Cratos  Technology  Solutions  Inc.   (http://www.CRATOS.ca)   -  Cratos,
established in 1997, is a private company headquartered in Oakville,  Ontario, a
suburb of  Toronto.  CRATOS is a  software  solutions  company  specializing  in
international  banking and  financial  transaction  processing.  The majority of
CRATOS  clients  consist  of  banks  and  financial  institutions  who  use  the
processing  software for services such as Visa(r),  MasterCard(r),  Eurocard(r),
Smart cards, debit cards,  other credit cards, store cards,  private label cards
and  loyalty  based  products.  Revenues  are  primarily  generated  from  large
financial institutions throughout North America, Europe and Australia.  Projects
undertaken  by  CRATOS  usually  extend  from a few  months  to over one year in
duration.

About  ActiveCore  Technologies  Inc.  (http://www.activecore.com)  - ActiveCore
Technologies  Inc.  formerly  IVP  Technology  Corporation,  operates a group of
subsidiaries  and  divisions  in the  US,  UK and  Canada  that  offer  a  Smart
Enterprise  Suite of products and  services.  We integrate,  enable,  and extend
functions  performed  by  current  and  legacy IT systems  and  facilitate  mass
corporate  messaging through our ActiveCast  product set. Our products encompass
web portals,  enterprise  middleware,  mobile data access,  data  management and
system migration applications.  ActiveCore operates under the trade names of MDI
Solutions,  C Comm  Communications  Inc.  and  Twincentric  Limited.  ActiveCore
services clients in healthcare, financial services, government and manufacturing
worldwide.

Statements contained in this news release regarding ActiveCore Technologies Inc.
formerly  IVP  Technology  and planned  events are  forward-looking  statements,
subject  to  uncertainties  and  risks,  many of which are  beyond  ActiveCore's
control,  including, but not limited to, reliance on key markets, suppliers, and
products,   currency  fluctuations,   dependence  on  key  personnel  and  trade
restrictions,  each of which may be impacted,  among other things,  by economic,
competitive  or  regulatory  conditions.  These and other  applicable  risks are
summarized  under  the  caption  "Risk  Factors"  in  ActiveCore's  Registration
Statement  on Form SB-2 filed with the  Securities  and Exchange  Commission  on
January 4, 2005.  Forward-looking statements by their nature involve substantial
risks and  uncertainties.  As a result,  actual  results  may differ  materially
depending on many factors, including those described above.


Contact:
AGORA Investor Relations
ATVE@agoracom.com http://www.agoracom.com
(Select "ActiveCore" Forum)