<HTML>
<HEAD>
   <TITLE>RIDGESTONE RESOURCES, INC. Form 8-K (6-17-08).</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">


<P><!--$$/page=-->
<A name="page_1"></A></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">========================================================================================================================================</FONT></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">UNITED STATES</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">SECURITIES AND EXCHANGE COMMISSION</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Washington, D.C. 20549</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">_________________________</FONT></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FORM 8-K</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CURRENT REPORT</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></B></P>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date of Report (Date of earliest event reported)</FONT><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">June 16, 2008</FONT></B><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=4>RIDGESTONE RESOURCES, INC.</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Exact name of registrant as specified in its charter)</FONT></P>
<DIV align=center>
<TABLE cellSpacing=0 cellPadding=0 width="80%" border=0>
<TR vAlign=bottom>
     <TD noWrap align=center width="62%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">NEVADA</FONT></B>&nbsp; </TD>
     <TD noWrap align=center width="37%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">000-53269</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="62%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(State or other jurisdiction of incorporation)</FONT>&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Commission File No.)</FONT>&nbsp; </TD></TR></TABLE></DIV><BR>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">1806 London Street</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">New Westminster, British Columbia V3M 3E3</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Address of principal executive offices and Zip Code)</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(778) 227-0111</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Registrant's telephone number, including area code)</FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">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 (see General Instruction A.2. below):</FONT></P>
<DIV align=left>
<TABLE cellSpacing=0 cellPadding=0 width="80%" border=0>
<TR vAlign=bottom>
     <TD noWrap align=center width="4%">&nbsp;<FONT face=Wingdings>&#168;</FONT></TD>
     <TD noWrap align=left width="95%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT>&nbsp; </TD></TR>
<TR>
     <TD noWrap align=center width="4%">&nbsp;&nbsp; </TD>
     <TD noWrap align=left width="95%"></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="4%"><FONT face=Wingdings>&#168;</FONT>&nbsp; </TD>
     <TD noWrap align=left width="95%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT>&nbsp; </TD></TR>
<TR>
     <TD noWrap align=center width="4%"></TD>
     <TD noWrap align=left width="95%">&nbsp;&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="4%">&nbsp;<FONT face=Wingdings>&#168;</FONT></TD>
     <TD noWrap align=left width="95%">Pre<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="4%">&nbsp; </TD>
     <TD noWrap align=left width="95%"><FONT style="WIDTH: 70pt; TEXT-ALIGN: right" face="TimesNewRomanPSMT,Times New Roman,Times,serif">240.14d-2(b))</FONT>&nbsp; </TD></TR>
<TR>
     <TD noWrap align=center width="4%"></TD>
     <TD noWrap align=left width="95%">&nbsp;&nbsp;&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="4%">&nbsp;<FONT face=Wingdings>&#168;</FONT></TD>
     <TD noWrap align=left width="95%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="4%">&nbsp; </TD>
     <TD noWrap align=left width="95%"><FONT style="WIDTH: 70pt; TEXT-ALIGN: right" face="TimesNewRomanPSMT,Times New Roman,Times,serif">240.13e-4(c))</FONT>&nbsp; </TD></TR></TABLE></DIV><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">=========================================================================================================================================</FONT></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_2"></A>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ITEM 8.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OTHER EVENTS</FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">On June 16, 2008, we entered into a non-binding letter of intent with China Bright Technology Development Limited (&#147;China Bright&#148;) to acquire a license to use all of China Bright&#146;s patent and intellectual rights for the purpose of manufacturing, marketing, and distributing products designed to reduce gas emissions by motor vehicles. The China Bright patents and intellectual rights are directed at the use of hydrogen technology to reduce gas emissions in motor vehicles. The letter of intent calls for us to execute a definitive licensing agreement on or before July 1, 2008 with China Bright. The territory to be covered be the license will be the European Union and the United States of America. The fee for the license will by $3,500,000 payable as follows: $300,000 at closing; $1,000,000 by December 31, 2008; $1,000,000 by March 31, 2009; and, $1,200,000 by August 31, 2009. In addition we will be obligated to issue to China Bright, an amount of common stock equal to 60% of our total outstanding common shares. All of the foregoing is subject to the execution of a definitive licensing agreement.</FONT></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_3"></A>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">SIGNATURES</FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">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.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;&nbsp; Dated this 17</FONT><SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">th </FONT></SUP><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">day of June 2008.</FONT></P>
<P style="MARGIN-LEFT: 550px" align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">RIDGESTONE RESOURCES, INC.</FONT></B></P>
<P style="MARGIN-LEFT: 550px" align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">BY:&nbsp;&nbsp; </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">PARDEEP SARAI</FONT></U><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pardeep Sarai</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Principal Executive Officer</FONT></P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<P style="MARGIN-LEFT: 550px" align=left>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

</BODY>

</HTML>
[{"type": "8-K", "sequence": "1", "filename": "rri8k61708.htm", "description": "RIDGESTONE RESOURCES, INC. FORM 8-K (6-17-08).", "secsgml_size_bytes": 9860}]
{"company-data": {"conformed-name": "RidgeStone Resources, Inc.", "cik": "0001401671", "assigned-sic": "1000", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "0228"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-53269", "film-number": "08903991"}, "business-address": {"street1": "1806 LONDON STREET", "city": "NEW WESTMINSTER", "state": "A1", "zip": "V3M 3E3", "phone": "(778) 227-0111"}, "mail-address": {"street1": "1806 LONDON STREET", "city": "NEW WESTMINSTER", "state": "A1", "zip": "V3M 3E3"}}
RIDGESTONE RESOURCES, INC. Form 8-K (6-17-08).
========================================================================================================================================
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 16, 2008
RIDGESTONE RESOURCES, INC.
(Exact name of registrant as specified in its charter)
NEVADA
000-53269
(State or other jurisdiction of incorporation)
(Commission File No.)
1806 London Street
New Westminster, British Columbia V3M 3E3
(Address of principal executive offices and Zip Code)
(778) 227-0111
(Registrant's telephone number, including area code)
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 (see General Instruction A.2. below):
¨
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 8.01      OTHER EVENTS
On June 16, 2008, we entered into a non-binding letter of intent with China Bright Technology Development Limited ("China Bright") to acquire a license to use all of China Bright's patent and intellectual rights for the purpose of manufacturing, marketing, and distributing products designed to reduce gas emissions by motor vehicles. The China Bright patents and intellectual rights are directed at the use of hydrogen technology to reduce gas emissions in motor vehicles. The letter of intent calls for us to execute a definitive licensing agreement on or before July 1, 2008 with China Bright. The territory to be covered be the license will be the European Union and the United States of America. The fee for the license will by $3,500,000 payable as follows: $300,000 at closing; $1,000,000 by December 31, 2008; $1,000,000 by March 31, 2009; and, $1,200,000 by August 31, 2009. In addition we will be obligated to issue to China Bright, an amount of common stock equal to 60% of our total outstanding common shares. All of the foregoing is subject to the execution of a definitive licensing agreement.
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.
Dated this 17
th
day of June 2008.
RIDGESTONE RESOURCES, INC.
BY:
PARDEEP SARAI
Pardeep Sarai
Principal Executive Officer