MVE Smart Move,

Section 8 – Other Events

Item 8.01     Other Events.

On December 28, 2007 we entered into a letter of intent (the “Letter of Intent”) with Star Relocation Alliance, Inc. (“Star Alliance”), pursuant to which Star Alliance and we have outlined terms for the proposed acquisition by Smart Move, Inc. of certain business assets of Star Alliance which may include trademarks, trade names and operating assets relating to Star Alliance’s co-branded and private label move management programs offered to the real estate brokerage community, third party relocation companies and HR departments of major corporations.

The transaction contemplated by the Letter of Intent is subject to the fulfillment of certain conditions precedent and the negotiation of definitive agreements.

If the transaction is completed in accordance with the terms contained in the Letter of Intent, we will commit to issue restricted shares of our Common Stock, par value $.0001 per share to Star Relocation Network Alliance, Inc. consisting of 80,000 fully paid and non-assessable shares at the closing of the purchase; up to 100,000 shares of Common Stock issuable under a 3 year common stock purchase warrant at an exercise price of $1.20; and potentially, an additional 20,000 to 45,000 shares of fully paid and non-assessable shares Common Stock as an earnable purchase price component for such assets provided top line revenues achieved in fiscal 2008 as a result of deploying the acquired assets are above specified thresholds.

The Letter of Intent requires that the definitive agreements necessary to consummate this proposed transaction will be negotiated and executed and that the transaction will be consummated prior to February 1, 2008.

A copy of the Letter of Intent is included as an exhibit hereto.

Item 9.01     Financial Statements and Exhibits.