UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

AMENDED FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934.

Date of Report: May 13, 2005 (Date of earliest event reported)
BDC Capital, Inc. (Exact name of registrant as specified in its charter)
MN (State or other jurisdiction of incorporation)	000-27225 (Commission File Number)	411427445 (IRS Employer Identification Number)
11974 Portland Ave, Burnsville (Address of principal executive offices)		55337 (Zip Code)
952-890-2362 (Registrant's telephone number, including area code)
Not Applicable (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:

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))

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

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On May 13, 2005, the Company announced the appointment of David Pomije as the Chairman of the Board of Directors, to be effective June 30, 2005. Due to circumstances beyond his control, Mr. Pomije was not able to accept the position on the designated date. Additionally, Mr. Pomije's current business activities necessitate a somewhat more limited role. The Company subsequently announced that David R. Pomije would join BDC Capital as the Lead Advisor of the company's newly formed Advisory Board, effective August 1, 2005.

SIGNATURE

      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: September 22, 2005 BDC CAPITAL, INC. By: /s/ Richard A. Pomije
 Richard A Pomije
     Chief Executive Officer