content: 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) March 4, 2005
                                                   -------------
  
  
                        Transnational Financial Network, Inc.
  -------------------------------------------------------------------------------
          (Exact name of small business issuer as specified in its charter)
  
  
  California                         1-14219                         94-2964195
  -------------------------------------------------------------------------------
  (State or other jurisdiction       (Commission File          (I.R.S.Employer
  of incorporation)                    Number)                 Identification No.)
  
  401 Taraval Street, San Francisco, CA                              94116
  -------------------------------------------------------------------------------
  (Address of principal executive offices)                           (Zip Code)
  
  
  
  (Registrant's telephone number, including area code: (415) 242-7800
  
  
  
  
  -------------------------------------------------------------------------------
  (Former name, former address and former fiscal year, if changed since last
  report)
  
  
  
  
  <PAGE>
  
  
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
  Appointment of Principal Officers.
  
  On March 4, 2005, the Registrant's board of directors named Elena Logutova as
  the Registrant's Secretary and Joseph Kristul as the Registrant's acting Chief
  Financial Officer.
  
  Elena Logutova, joined the Registrant in June 1999. She is Executive Vice
  President and Director Secondary Marketing, in charge of secondary marketing,
  production. Ms. Logutova graduated from Georgetown University with a Bachelor of
  Science degree in School of Foreign Service with concentration in economics and
  finance and subsequently obtained Master of Science in Finance from Golden Gate
  University.
  
  Joseph Kristul co-founded the Company in 1985, has been a director and officer
  since that time and has been responsible for the Company's overall management
  since the Company's inception. At present, Mr. Kristul manages the Company on an
  overall basis and directly oversees secondary marketing, finance, corporate
  marketing, investor relations and strategic corporate planning. Beginning in
  1995 Mr. Kristul created the Company's wholesale division, developing the
  Company's base of brokers, which delivers loan product, and implemented systems
  and controls to manage the quality of the product delivered by brokers. Mr.
  Kristul graduated with a Master of Science in Applied Mathematics and Mechanics
  from the Odessa Physics and Technology University, in Odessa, Russia, in 1971.
  
  Joseph Kristul is the spouse of the Registrant's President, Maria Kristul, both
  of whom have personally guaranteed the Registrant's financing facilities.
  
  On December 31, 2001, the Company entered into an agreement with La Luna Costa
  Blanca, S.L. ("La Luna"), a real estate development company located in Spain, to
  provide consulting services related to financing and mortgage brokering
  activity. The Project Manager of La Luna is the sister of Maria Kristul, the
  Company's President. One payment of $45,000 was received in May 2002 and
  included in Other Income (Expense) in the fiscal year ended April 30, 2003. No
  further services have been provided or payments made.
  
  
  
  
  
  <PAGE>
  
  
  
                                     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, thereby
  duly authorized.
  
  
  
      Date: March 8, 2005
                                       Transnational Financial Corporation
  
  
                                       /s/ Joseph Kristul
                                       ------------------------------------------
                                       Joseph Kristul, Chief Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "f8k305.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 4135}]
metadata_filer: {"company-data": {"conformed-name": "TRANSNATIONAL FINANCIAL NETWORK INC", "cik": "0001059579", "assigned-sic": "6162", "irs-number": "942964195", "state-of-incorporation": "CA", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14219", "film-number": "05670627"}, "business-address": {"street1": "401 TARAVAL STREET", "street2": "SUITE 270", "city": "SAN FRANCISCO", "state": "CA", "zip": "94116", "phone": "4152427800"}, "mail-address": {"street1": "401 TARAVAL STREET", "street2": "301 JUNIPERO SERRA BLVD SUITE 270", "city": "SAN FRANCISCO", "state": "CA", "zip": "94116"}, "former-company": {"former-conformed-name": "TRANSNATIONAL FINANCIAL CORP", "date-changed": "19980410"}}
text: 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) March 4, 2005
                                                   -------------
  
                        Transnational Financial Network, Inc.
  -------------------------------------------------------------------------------
          (Exact name of small business issuer as specified in its charter)
  
  California                         1-14219                         94-2964195
  -------------------------------------------------------------------------------
  (State or other jurisdiction       (Commission File          (I.R.S.Employer
  of incorporation)                    Number)                 Identification No.)
  
  401 Taraval Street, San Francisco, CA                              94116
  -------------------------------------------------------------------------------
  (Address of principal executive offices)                           (Zip Code)
  
  (Registrant's telephone number, including area code: (415) 242-7800
  
  -------------------------------------------------------------------------------
  (Former name, former address and former fiscal year, if changed since last
  report)
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
  Appointment of Principal Officers.
  
  On March 4, 2005, the Registrant's board of directors named Elena Logutova as
  the Registrant's Secretary and Joseph Kristul as the Registrant's acting Chief
  Financial Officer.
  
  Elena Logutova, joined the Registrant in June 1999. She is Executive Vice
  President and Director Secondary Marketing, in charge of secondary marketing,
  production. Ms. Logutova graduated from Georgetown University with a Bachelor of
  Science degree in School of Foreign Service with concentration in economics and
  finance and subsequently obtained Master of Science in Finance from Golden Gate
  University.
  
  Joseph Kristul co-founded the Company in 1985, has been a director and officer
  since that time and has been responsible for the Company's overall management
  since the Company's inception. At present, Mr. Kristul manages the Company on an
  overall basis and directly oversees secondary marketing, finance, corporate
  marketing, investor relations and strategic corporate planning. Beginning in
  1995 Mr. Kristul created the Company's wholesale division, developing the
  Company's base of brokers, which delivers loan product, and implemented systems
  and controls to manage the quality of the product delivered by brokers. Mr.
  Kristul graduated with a Master of Science in Applied Mathematics and Mechanics
  from the Odessa Physics and Technology University, in Odessa, Russia, in 1971.
  
  Joseph Kristul is the spouse of the Registrant's President, Maria Kristul, both
  of whom have personally guaranteed the Registrant's financing facilities.
  
  On December 31, 2001, the Company entered into an agreement with La Luna Costa
  Blanca, S.L. ("La Luna"), a real estate development company located in Spain, to
  provide consulting services related to financing and mortgage brokering
  activity. The Project Manager of La Luna is the sister of Maria Kristul, the
  Company's President. One payment of $45,000 was received in May 2002 and
  included in Other Income (Expense) in the fiscal year ended April 30, 2003. No
  further services have been provided or payments made.
  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, thereby
  duly authorized.
  
      Date: March 8, 2005
                                       Transnational Financial Corporation
  
                                       /s/ Joseph Kristul
                                       ------------------------------------------
                                       Joseph Kristul, Chief Executive Officer