-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I6crTHrCm6njPnOsCX4vDe3iKqkkq4L0ouum8I95Iadk8GzK5anOTnJ9Jqevvp7x xcbwWNaX6y6ZVUAjjTdKdQ== 0001144204-06-041547.txt : 20061010 0001144204-06-041547.hdr.sgml : 20061009 20061010142414 ACCESSION NUMBER: 0001144204-06-041547 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061003 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20061010 DATE AS OF CHANGE: 20061010 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRATEGY INTERNATIONAL INSURANCE GROUP INC CENTRAL INDEX KEY: 0001249869 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 161644353 STATE OF INCORPORATION: TX FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-106637 FILM NUMBER: 061137192 BUSINESS ADDRESS: STREET 1: 200 YORKLAND BLVD. STREET 2: STE. 710 CITY: TORONTO STATE: A6 ZIP: M2J5C1 BUSINESS PHONE: 2812556256 MAIL ADDRESS: STREET 1: 200 YORKLAND BLVD. STREET 2: STE. 710 CITY: TORONTO STATE: A6 ZIP: M2J5C1 FORMER COMPANY: FORMER CONFORMED NAME: CI SELL CARS INC DATE OF NAME CHANGE: 20030628 8-K 1 v054497_8k.htm

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): October 3, 2006

__________________

STRATEGY INTERNATIONAL INSURANCE GROUP, INC.

(Exact Name of Registrant as Specified in Charter)

__________________

STATE OF TEXAS

(State or Other Jurisdiction

of Incorporation)

333-106637

(Commission File Number)

16-1644353

(I.R.S. Employer

Identification No.)

200 Yorkland Blvd., Suite 710, Toronto, Ontario, M2J5C1, Canada

(Address of Principal Executive Offices)

(416) 496-9988

(Registrant’s telephone number, including area code)

(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(b) under the Exchange Act (17 CFR 240.14a-12(b))

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 1.01 Entry into a Material Definitive Agreement

On October 3, 2006, Strategy International Insurance Group, Inc. (the “Company”) and certain of its affiliates entered into a settlement and release agreement (the “Settlement Agreement”) dated as of September 22, 2006 with various entities affiliated with Shell Vacations, Inc., GVEC Resource Inc. and certain hedge funds relating to the Shell Vacations projects in Waikiki, Hawaii, Napa, California and Whistler, British Columbia (collectively the “Parties”). Pursuant to the Settlement Agreement, the Company transferred its interests in the Shell Vacations projects in exchange for a cash payment in the amount of $3,625,000, the mutual release of the Parties from any further obligations with respect to the Shell Vacations projects and the dismissal of all litigation among the Parties which relate to the Shell Vacations projects.

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.

Date: October 10, 2006

	STRATEGY INTERNATIONAL INSURANCE GROUP, INC.
	(Registrant)


	By:	/s/ Louis E. Lettieri
		Name: Louis E. Lettieri
		Title: Chief Financial Officer

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