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) July 31, 2006
                                                   -------------
  
  
                        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)
  
  
  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))
  
  
  
  <PAGE>
  
  Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
  Standard; Transfer of Listing.
  
  On August 3, 2006, the registrant issued a press release announcing that because
  it shareholders' equity was less than $2,000,000 as the end of its last fiscal
  year and losses from continuing operations and/or net losses in two out of its
  three most recent fiscal years, the American Stock Exchange had notified it in a
  letter, dated July 31, 2006, that it did not meet its continued listing
  standards as set forth in Section 1003(a)(i) of the AMEX Company Guide. To
  maintain the registrant's listing, the registrant must submit a plan by August
  30, 2006 advising the exchange of action it has taken or will take, that would
  bring the registrant into compliance with the continued listing standards within
  a maximum of 18 months of receipt of the letter.
  
  The registrant anticipates that its previously announced financing will close in
  August and that the registrant's equity will then be more than $2,000,000. While
  the Company believes that its current financing efforts shall resolve any
  concern about the Company's continued listing on the exchange, there can be no
  assurance that the Company's continued listing will be achieved. The registrant
  will, accordingly, submit its plan to the exchange in a timely manner.
  
  A copy of the press release is attached as Exhibit 99.1 to this Current Report
  on Form 8-K.
  
  Item 9.01 Financial Statements and Exhibits.
  
  Exhibit 99.1 - Press Release of August 3, 2006
  
  
  
  
  <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: August 3, 2006
                                         Transnational Financial Corporation
  
  
                                         /s/ Joseph Kristul
                                         --------------------------------------
                                         Joseph Kristul, Chief Executive Officer
  
  
  
  
  
  <PAGE>
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "f8k802.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 4079}]
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": "061001071"}, "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) July 31, 2006
                                                   -------------
  
                        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)
  
  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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
  Standard; Transfer of Listing.
  
  On August 3, 2006, the registrant issued a press release announcing that because
  it shareholders' equity was less than $2,000,000 as the end of its last fiscal
  year and losses from continuing operations and/or net losses in two out of its
  three most recent fiscal years, the American Stock Exchange had notified it in a
  letter, dated July 31, 2006, that it did not meet its continued listing
  standards as set forth in Section 1003(a)(i) of the AMEX Company Guide. To
  maintain the registrant's listing, the registrant must submit a plan by August
  30, 2006 advising the exchange of action it has taken or will take, that would
  bring the registrant into compliance with the continued listing standards within
  a maximum of 18 months of receipt of the letter.
  
  The registrant anticipates that its previously announced financing will close in
  August and that the registrant's equity will then be more than $2,000,000. While
  the Company believes that its current financing efforts shall resolve any
  concern about the Company's continued listing on the exchange, there can be no
  assurance that the Company's continued listing will be achieved. The registrant
  will, accordingly, submit its plan to the exchange in a timely manner.
  
  A copy of the press release is attached as Exhibit 99.1 to this Current Report
  on Form 8-K.
  
  Item 9.01 Financial Statements and Exhibits.
  
  Exhibit 99.1 - Press Release of August 3, 2006
  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: August 3, 2006
                                         Transnational Financial Corporation
  
                                         /s/ Joseph Kristul
                                         --------------------------------------
                                         Joseph Kristul, Chief Executive Officer