8-K

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): June 29, 2007

SENTRA CONSULTING CORP.

(Exact name of Registrant as specified in its charter)

Nevada (State or other jurisdiction of incorporation) 333-140572 (Commission File Number) 20-5297544 (IRS Employer Identification No.)

Sentra Consulting Corp.

466 Central Avenue, Suite 200

Cedarhurst, NY 11516

(Address of principal executive offices)

(516) 301-3939

(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 (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))

Section 1 - Registrant’s Business and Operations

Item 1.01. Entry into a Material Definitive Agreement.

On June 29, 2007, Karat Platinum, LLC (“KP”) issued a promissory note to Sentra Consulting Corp. (the “Company”), in the original principal amount of $450,000. Pursuant to the terms of the Promissory Note executed by KP to the Company, the outstanding principal and accrued interest at the rate of 1.5% per month shall be due and payable September 26, 2007. In the event KP does not pay said amount when due, interest shall accrue on the outstanding principal amount at the rate of 2% per month thereafter. KP has the right to prepay the Notes without penalty or premium.

The Company has currently loaned KP an aggregate of $600,000 and may advance additional sums to KP. The loan was made in connection with the execution of the Letter of Intent, dated June 21, 2007, between KP and the Company.

For all the terms and conditions of the Note issued by KP to the Company, reference is hereby made to such note annexed hereto as Exhibit 10.5. All statements made herein concerning the foregoing are qualified by reference to said exhibit. For all the terms and conditions of the Letter of Intent between KP and the Company, reference is hereby made to the copy of such agreement annexed as Exhibit 10.4 to the Company’s Current Report, which was filed with the Securities and Exchange Commission on June 28, 2007. All statements made herein concerning the foregoing are qualified by reference to said exhibit.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of business acquired.       Not applicable

(b) Pro forma financial information.       Not applicable

(c) Exhibits

10.5     Promissory Note, dated June 29, 2007, between Sentra Consulting Corp. and Karat Platinum LLC.

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: July 2, 2007

SENTRA CONSULTING CORP.

(Registrant)

By:          /s/ Philip Septimus

Name:     Philip Septimus

Title:       President and Director

 (Principal Executive, Financial, and 

 Accounting Officer)

EX-10.5

PROMISSORY NOTE

$450,000.00 June 29, 2007

FOR VALUE RECEIVED, the undersigned, KARAT PLATINUM LLC,(the “Maker”), promises to pay to SENTRA CONSULTING CORP., (the “Payee”), on or before September 26, 2007 (the “Payment Date”) the principal sum of Four Hundred and Fifty Thousand and 00/100 ($450,000.00) Dollars (the “Principal Amount”) and all interest accrued thereon as provided herein.

Interest shall accrue on the unpaid balance of the Principal Amount at a rate of one and one-half percent (1.5%) per month (the “Interest Rate”). All interest payable hereunder shall be computed on the basis of actual days elapsed and shall be due and payable on the Payment Date.

Maker shall have the right to prepay all or any portion of the Outstanding Principal Amount and accrued interest thereon at any time without penalty or premium. All payments hereunder when paid shall be applied first to the payment of all accrued interest and the balance shall be applied to principal.

Notwithstanding any provision contained herein, the total liability of Maker for payment of interest pursuant hereto, including late charges, shall not exceed the maximum amount of such interest permitted by law to be charged, collected, or received from Maker, and if any payments by Maker include interest in excess of such a maximum amount, Payee shall apply such excess to the reduction of the unpaid principal amount due pursuant hereto, or if none is due, such excess shall be refunded.

Upon the occurrence and continuance of an Event of Default (hereafter defined) (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body), interest shall accrue on the unpaid balance of the Principal Amount at a rate of two percent (2%) per month (the “Default Interest Rate”).

1.Events of Default. In case one or more of the following events (each, an “Event of Default”) (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) shall have occurred and be continuing:

a.Default in the payment, when due or declared due, of any principal or interest payments hereunder.

b.Maker makes a general assignment for the benefit of creditors; or, in the absence of such application, consent, acquiescence or action, a trustee, receiver or other custodian is appointed for Maker; or for a substantial part of the property of Maker; or any bankruptcy, reorganization, debt arrangement or other proceeding under any bankruptcy or insolvency law, or any dissolution or liquidation proceeding, is authorized or instituted by, or instituted against, Maker; or any warrant of attachment or similar legal process is issued against any substantial part of the property of Maker.

c.Any representation or warranty made by Maker under this Note shall be untrue or misleading in any material respect when made.

d.Maker shall have breached any of its covenants and agreements hereunder.

then, in each case where an Event of Default occurs, the Payee, by notice in writing to Maker shall inform Maker of such Event of Default and if such default is not cured within forty-five (45) days from the date such notice is received by Maker, then Payee, may, at its option, declare the outstanding Principal Amount to be due and payable immediately, and upon any such declaration the same shall become immediately due and payable.

2.  General.

a.This Note shall be binding upon and inure to the benefit of and be enforceable by the respective successors and assigns of the Maker and Payee.

b.All notices, requests, claims, demands and other communications given or made pursuant hereto shall be in writing and shall be deemed to have been duly given if delivered in person, overnight courier prepaid, or mailed by prepaid first class registered or certified mail, postage prepaid, return receipt requested to the respective parties at the following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this Section):

(a)   If to the Maker:

Karat Platinum LLC

15 Hoover Street

Inwood, New York 11096

Attention: Chief Executive Officer

With copies to:

Horowitz & Riser

30 Broad Street

New York, NY 1004

Attention: Sam Riser, Esq.

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(b)   If to Payee:

Sentra Consulting Corp.

466 Central Avenue, 2^nd Floor

Cedarhurst, New York 11516

Attention: Chief Executive Officer

With copies to:

David Lubin & Associates, PLLC

26 East Hawthorne Avenue

Valley Stream, NY 11580

Attn: David Lubin, Esq.

All such notices, requests and other communications will (i) if delivered personally to the address as provided in this Section, be deemed given upon delivery, (ii) if delivered by overnight courier to the address as provided in this Section, be deemed given on the earlier of the first business day following the date sent by such overnight courier or upon receipt or (iii) if delivered by mail in the manner described above to the address provided in this Section, be deemed given on the earlier of the third business day following mailing or upon receipt.

c.This Note is to be governed by and construed in accordance with the laws of the State of New York. In any action brought under or arising out of this Note, the Maker hereby consents to the in personam jurisdiction of any state or federal court sitting in New York, New York, waives any claim or defense that such forum is not convenient or proper, and consents to service of process by any means authorized by New York law.

d. Maker hereby waives presentment, demand for payment, protest, and all other demands and notices in connection with the delivery, acceptance, performance and enforcement of this Note and authorizes Payee, without notice or further consent, to grant extensions of time in the payment of any monies under this Note, and to waive compliance of any provision of this Note.

e.In the event of a default in the payment of this Note, Maker shall pay Payee's reasonable costs and expenses of collection, including attorneys’ fees and costs.

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IN WITNESS WHEREOF, the undersigned has duly executed this Note on the date first set forth above.

KARAT PLATIINUM LLC

By: /s/ David Neuberg       

Name:  David Neuberg

Title:    Member

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