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): February 11, 2011

American Learning Corporation

(Exact name of registrant as specified in its charter)

New York
(State or other jurisdiction
of incorporation) 0-14807
(Commission File Number) 11-2601199
(IRS Employer Identification No.)

One Jericho Plaza, Jericho, New York
(Address of principal executive offices) 11753
(Zip Code)

Registrant’s telephone number, including area code: (516) 938-8000

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 2.02 Results of Operations and Financial Condition.

On February 11, 2011, American Learning Corporation (the “Company”) issued a press release announcing its financial results for the quarter ended December 31, 2010. The press release is attached hereto as Exhibit 99.1. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company, whether made before or after the date of this report, regardless of any general incorporation language in the filing.

Item 9.01 Financial Statements and Exhibits.

     (d) Exhibits.

Exhibit 99.1      Press Release of American Learning Corporation, dated February 11, 2011.

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.

	AMERICAN LEARNING CORPORATION
Date: February 11, 2011	By:	/s/ Gary Gelman
		Gary Gelman
		President and Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release of American Learning Corporation, dated February 11, 2011.

EX-99.1

EXHIBIT 99.1

AMERICAN LEARNING CORPORATION
REPORTS THIRD QUARTER RESULTS

JERICHO, NY, February 11, 2011: American Learning Corporation (the “Company”) (NASDAQ:ALRN) announced that the Company had achieved increases in revenues and decreases in its net losses for the three and nine months ended December 31, 2010 compared to the prior year’s comparable periods.

For the quarterly period ended December 31, 2010, the Company reported revenues of $1,941,029 and a net loss of $175,247 ($.04 net loss per share). By comparison, the Company had revenues of $1,734,379 and a net loss of $266,512 ($.06 net loss per share) for the three months ended December 31, 2009.

During the three and nine month periods ended December 31, 2010, revenues increased approximately 12% and 15%, respectively, over the comparable periods in the prior fiscal year as a result of increases in preschool programs and school staffing services.

	Three Months Ended						Nine Months Ended
	12/31/10			12/31/09			12/31/10			12/31/09
	(Unaudited)						(Unaudited)
Revenues	$	1,941,029		$	1,734,379		$	5,709,925		$	4,959,375
Operating loss		(175,827	)		(267,411	)		(593,898	)		(666,525	)
Net loss	$	(175,247	)	$	(266,512	)	$	(590,837	)	$	(659,790	)
Net loss per share — basic and diluted	$	(0.04	)	$	(0.06	)	$	(0.12	)	$	(0.14	)
Weighted average shares — basic and diluted		4,754,900			4,754,900			4,754,900			4,754,900

Gary Gelman, the Company’s Chairman of the Board, stated that he is very pleased with the continued organic growth experienced in the Company’s services. He also stated that the Company has now initiated an aggressive search for accretive acquisition candidates to grow and maximize shareholder value.

American Learning Corporation, through its wholly owned subsidiaries, Interactive Therapy Group Consultants, Inc. and Signature Learning Resources, Inc., offers a comprehensive range of services to children with developmental delays and disabilities.

For further information contact: Gary J. Knauer, Chief Financial Officer, American Learning Corporation, One Jericho Plaza, Jericho, NY 11753; telephone number (516) 938-8000.