-----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, PyvF0uqI7XklRVPCrtg253Hpra57T+XUPGnzzJM4mydmbol3pN0QQljBdkz/Ww3W q9JL+eQFfPKBE7GMw4AyYQ== 0001405760-10-000003.txt : 20100624 0001405760-10-000003.hdr.sgml : 20100624 20100624060445 ACCESSION NUMBER: 0001405760-10-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100621 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20100624 DATE AS OF CHANGE: 20100624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHINA DIGITAL VENTURES CORP CENTRAL INDEX KEY: 0001405660 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-146727 FILM NUMBER: 10913735 BUSINESS ADDRESS: STREET 1: UNIT 603, MALAYSIA BUILDING STREET 2: 50 GLOUCESTER ROAD, WANCHAI CITY: HONG KONG STATE: K3 ZIP: 0000 BUSINESS PHONE: 8613077870666 MAIL ADDRESS: STREET 1: UNIT 603, MALAYSIA BUILDING STREET 2: 50 GLOUCESTER ROAD, WANCHAI CITY: HONG KONG STATE: K3 ZIP: 0000 8-K 1 r8k-062410cdv.htm DISPOSAL OF SUBSIDIARY CHINA DIGITAL VENTURES CORPORATION

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): June 21, 2010

CHINA DIGITAL VENTURES CORPORATION
(Exact Name of Registrant as Specified in Charter)


Nevada

-------------

98-0568076

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)


26 Floor, 88 Lockhart Road, Wanchai, Hong Kong

n/a

(Address of principal executive offices)

(Zip code)


Registrant's telephone number, including area code:

+011 852 6343 7704


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:

[    ] 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))

Item 2.01

Completion of Acquisition or Disposition of Assets


On June 21, 2010, China Digital Ventures Corporation ("Company"), the registrant, entered into a Sale and Purchase Agreement with Systems Asia Limited ("SAL"), a company incorporated in Hong Kong, to sell its fully owned subsidiary, Lead Concept Limited ("LCL"), to SAL for a consideration of HK$1.00.

LCL was in the business of provisioning of web-based telecom services in Hong Kong and China. As of 31 March 2010, LCL had reported a deficit of HK$204,639 (about US$26,236). After the disposal, the Company did not have any operations.




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.



Date: June 24, 2010


CHINA DIGITAL VENTURES CORPORATION
By: /s/ Bing He
---------------------------------
Name: Bing HE
Title: Director
-----END PRIVACY-ENHANCED MESSAGE-----