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  <p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
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  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED
  STATES<br>
  SECURITIES AND EXCHANGE COMMISSION</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington,
  D.C. 20549</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CURRENT REPORT</font></b><b><br>
  </b><b>Pursuant
  to Section&nbsp;13 OR 15(d)&nbsp;of The Securities Exchange Act of 1934</b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date of Report (Date of earliest event
  reported)&nbsp;&nbsp;&nbsp;&nbsp;<b>May&nbsp;5, 2008</b></font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">The Inventure Group,&nbsp;Inc.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact name of registrant as specified in its charter)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
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  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1-14556</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">86-0786101</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(State or other jurisdiction<br>
    of incorporation)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission<br>
    File Number)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(IRS Employer<br>
    Identification No.)</font></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
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    <td width="66%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:66.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5050 N. 40<sup>th</sup> St., Suite&nbsp;300,
    Phoenix, AZ</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">85018</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="66%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:66.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of principal executive offices)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Zip Code)</font></p>
    </td>
   </tr>
  </table>
  
  </div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registrant&#146;s telephone number, including area code<b> (623)
  932-6200</b></font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Former name or former address, if changed since last report.)</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box below if the Form&nbsp;8-K
  filing is intended to simultaneously satisfy the filing obligation of the
  registrant under any of the following provisions:</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Written communications pursuant to Rule&nbsp;425
  under the Securities Act (17 CFR 230.425)</p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Soliciting material pursuant to Rule&nbsp;14a-12
  under the Exchange Act (17 CFR 240.14a-12)</p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under
  the Exchange Act (17 CFR 240.14d-2(b))</p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&#160; Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under
  the Exchange Act (17 CFR 240.13e-4(c))</p>
  
  <div style="border:none;border-bottom:double windowtext 6.0pt;padding:0in 0in 0in 0in;">
  
  <p style="border:none;margin:0in 0in .0001pt;padding:0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  </div>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\105569\08-13916-1\task2926521\13916-1-ba.htm',USER='105569',CD='May  9 05:55 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div style="font-family:Times New Roman;">
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 5.02&#160; Departure of Directors or Certain Officers;
  Election of Directors; Appointment of Certain Officers; Compensatory
  Arrangements of Certain Officers</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Eric J. Kufel</font></u></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;9, 2008, the
  Company announced the resignation of Eric J. Kufel, the Company&#146;s Chief
  Executive Officer, effective on May&nbsp;19, 2008 (the &#147;Effective Date&#148;), the
  date of the Company&#146;s 2008 annual meeting of stockholders (the &#147;Annual Meeting&#148;).&#160; The terms of the separation were approved by
  the Company&#146;s Board of Directors and set forth in a Separation Agreement dated May&nbsp;5,
  2008, which generally provides that:</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Mr.&nbsp;Kufel will not stand for re-election
  to the Board of Directors, and, accordingly, the term of his directorship will
  expire immediately following the Annual Meeting;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">In lieu of any and all payments, benefits and
  amounts under Mr.&nbsp;Kufel&#146;s Executive Employment Agreement dated February&nbsp;14,
  2006, contingent upon Mr.&nbsp;Kufel&#146;s execution of a release and continued
  compliance with non-competition and other restrictive covenants, the Company
  will (a)&nbsp;during the 9-month period following the Effective Date, continue
  paying Mr.&nbsp;Kufel&#146;s existing base salary of $35,253.77 per month, and pay
  all of the costs of Mr.&nbsp;Kufel&#146;s COBRA coverage; and (b)&nbsp;extend the
  period following the Effective Date during which Mr.&nbsp;Kufel may exercise
  Company stock options vested as of the Effective Date from 60 days to 1 year;
  and</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">During the 9-month period following the
  Effective Date, Mr.&nbsp;Kufel agrees to make himself available at the
  reasonable request of the Company&#146;s Chief Executive Officer without additional
  consideration</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the Separation Agreement is attached
  hereto and incorporated by reference herein as Exhibit&nbsp;99.1.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Terry McDaniel</font></u></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;9, 2008, the
  Company announced the appointment of Terry McDaniel, the Company&#146;s Chief
  Operating Officer, to the position of Chief Executive Officer, effective on May&nbsp;19,
  2008 (the &#147;Effective Date&#148;), the date of the Company&#146;s 2008 annual meeting of
  stockholders (the &#147;Annual Meeting&#148;).&#160; In
  connection with his appointment:</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">The Company&#146;s Board of Directors designated Mr.&nbsp;McDaniel
  to fill the vacancy resulting upon the expiration of Mr.&nbsp;Kufel&#146;s
  directorship immediately following the Annual Meeting;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">The Compensation Committee approved,
  effective as of the Effective Date, an increase in Mr.&nbsp;McDaniel&#146;s annual
  base salary to $385,000, an increase in monthly car allowance to $1,000 per
  month, and, to the extent that Mr.&nbsp;McDaniel is entitled on termination to
  six months&#146; severance payments under his previously disclosed Executive
  Employment Agreement, and Mr. McDaniel lists the sale of his residence with a
  licensed real estate broker during the 6-month severance period and completes
  the sale of such residence during the 12-month period following the expiration
  of the 6-month severance period at a sale price less than the amount he
  initially paid for such residence (net of real estate commissions and other
  closing costs), the Company shall reimburse Mr.&nbsp;McDaniel for such loss in
  a lump sum payment up to a maximum of $96,250; and</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">The Compensation Committee granted Mr.&nbsp;McDaniel
  an option to purchase 200,000 shares of common stock under the Company&#146;s 2005
  Equity Incentive Plan at an exercise price equal to the closing share price on May&nbsp;7,
  2008.&#160; The option will vest over three
  years from the date of grant, have a term of five years, and be otherwise
  consistent with the Company&#146;s Form&nbsp;of Employee Incentive Stock Option
  Agreement.</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\105569\08-13916-1\task2926521\13916-1-ba.htm',USER='105569',CD='May  9 05:55 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div style="font-family:Times New Roman;">
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mr.&nbsp;McDaniel is 51 years old and </font>has served as the Company&#146;s Chief Operating
  Officer since April&nbsp;2006.&#160; From 2003
  to 2006, Mr.&nbsp;McDaniel was President/CEO and Board Member of MSLI Worksite
  Benefits, a company that markets voluntary benefits through the worksite, to
  Fortune 1000 companies.&#160; From 1998 to 2003,
  Mr.&nbsp;McDaniel served as President/CEO and Board Member of Wise Foods,&nbsp;Inc.&#160; Prior to 1998, Mr.&nbsp;McDaniel served as
  Vice President of Sales and Marketing for Wise Foods,&nbsp;Inc., and as Vice
  President of Sales for Haagen-Dazs Company,&nbsp;Inc.&#160; Prior to these positions, he held sales
  leadership positions for companies such as the Nestle Corporation, Tropicana
  Products,&nbsp;Inc. and Unilever.</p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">There
  is no arrangement or understanding between Mr.&nbsp;McDaniel and any other
  person pursuant to which Mr.&nbsp;McDaniel was appointed as Chief Executive
  Officer or a member of the Board of Directors.&#160;
  There are no transactions in which Mr.&nbsp;McDaniel has an interest
  requiring disclosure under Item 404(a)&nbsp;of Regulation S-K.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Steve Weinberger</font></u></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To reflect the increased
  duties and responsibilities of Steve Weinberger, the Company&#146;s Chief Financial
  Officer in conjunction with the above-described management transition:</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">The Compensation Committee approved,
  effective as of the Effective Date, an increase in Mr.&nbsp;Weinberger&#146;s annual
  base salary to $265,000, an increase in his monthly car allowance to $1,000 per
  month, and, to the extent that Mr.&nbsp;Weinberger is entitled on termination
  to six months&#146; severance payments under his previously disclosed Executive
  Employment Agreement, and Mr. Weinberger lists the sale of his residence with a
  licensed real estate broker during the 6-month severance period and completes
  the sale of such residence during the 12-month period following expiration of
  the 6-month severance period at a sale price less than the amount he initially
  paid for such residence (net of real estate commissions and other closing
  costs), the Company shall reimburse Mr.&nbsp;Weinberger for such loss in a lump
  sum payment up to a maximum of $66,250; and</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">The Compensation Committee granted Mr.&nbsp;Weinberger
  an option to purchase 150,000 shares of common stock under the Company&#146;s 2005
  Equity Incentive Plan at an exercise price equal to the closing share price on May&nbsp;7,
  2008.&#160; The option will vest over three
  years from the date of grant, have a term of five years, and be otherwise
  consistent with the Company&#146;s Form&nbsp;of Employee Incentive Stock Option
  Agreement.</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 8.01</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Other
  Events</b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;9, 2008, the
  Company issued a press release announcing the resignation of Eric J. Kufel as
  Chief Executive Officer of the Company and the appointment of Terry McDaniel as
  Chief Executive Officer of the Company, effective on May&nbsp;19, 2008, the
  date of the Company&#146;s 2008 annual meeting of stockholders.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the Press Release
  is attached hereto as Exhibit&nbsp;99.2.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9.01 Financial Statements and Exhibits.</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;99.1</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Separation Agreement dated May&nbsp;5, 2008
  between the Company and Eric J. Kufel.</p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;99.2</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Press release dated May&nbsp;9, 2008.</p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\105569\08-13916-1\task2926521\13916-1-ba.htm',USER='105569',CD='May  9 05:55 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURE</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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 style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="48%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:48.9%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Inventure Group,&nbsp;Inc.</font></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:19.98%;">
    <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant)</font></p>
    </td>
    <td width="28%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.98%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="28%" valign="top" style="padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.12%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date</font></p>
    </td>
    <td width="42%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:42.34%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">May&nbsp;9, 2008</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.64%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.98%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="28%" valign="top" style="padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>
    </td>
    <td width="48%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:48.9%;">
    <p style="margin:0in 0in .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">/s/ Steve Weinberger</font></i></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:19.98%;">
    <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Signature)</font></p>
    </td>
    <td width="28%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.98%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="28%" valign="top" style="padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.98%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Steve Weinberger</font></p>
    </td>
    <td width="28%" valign="top" style="padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="51%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:51.1%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.98%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chief Financial Officer</font></p>
    </td>
    <td width="28%" valign="top" style="padding:0in 0in 0in 0in;width:28.92%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
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    <td width="216" style="border:none;"></td>
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  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "a08-13916_18k.htm", "description": "8-K", "secsgml_size_bytes": 36649}]
metadata_filer: {"company-data": {"conformed-name": "INVENTURE GROUP, INC.", "cik": "0000944508", "assigned-sic": "2090", "irs-number": "860786101", "state-of-incorporation": "DE", "fiscal-year-end": "1230"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14556", "film-number": "08816357"}, "business-address": {"street1": "3500 S LA COMETA DR", "city": "GOODYEAR", "state": "AZ", "zip": "85338", "phone": "6239326200"}, "mail-address": {"street1": "3500 S LA COMETA DR", "city": "GOODYEAR", "state": "AZ", "zip": "85338"}, "former-company": {"former-conformed-name": "POORE BROTHERS INC", "date-changed": "19960926"}}
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)
  May 5, 2008
  The Inventure Group, Inc.
  (Exact name of registrant as specified in its charter)
  Delaware
  1-14556
  86-0786101
  (State or other jurisdiction
  of incorporation)
  (Commission
  File Number)
  (IRS Employer
  Identification No.)
  5050 N. 40
  th
  St., Suite 300,
    Phoenix, AZ
  85018
  (Address of principal executive offices)
  (Zip Code)
  Registrant's telephone number, including area code
  (623)
  932-6200
  (Former name or former address, 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:
  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 5.02  Departure of Directors or Certain Officers;
  Election of Directors; Appointment of Certain Officers; Compensatory
  Arrangements of Certain Officers
  Eric J. Kufel
  On May 9, 2008, the
  Company announced the resignation of Eric J. Kufel, the Company's Chief
  Executive Officer, effective on May 19, 2008 (the "Effective Date"), the
  date of the Company's 2008 annual meeting of stockholders (the "Annual Meeting").  The terms of the separation were approved by
  the Company's Board of Directors and set forth in a Separation Agreement dated May 5,
  2008, which generally provides that:
  ·
  Mr. Kufel will not stand for re-election
  to the Board of Directors, and, accordingly, the term of his directorship will
  expire immediately following the Annual Meeting;
  ·
  In lieu of any and all payments, benefits and
  amounts under Mr. Kufel's Executive Employment Agreement dated February 14,
  2006, contingent upon Mr. Kufel's execution of a release and continued
  compliance with non-competition and other restrictive covenants, the Company
  will (a) during the 9-month period following the Effective Date, continue
  paying Mr. Kufel's existing base salary of $35,253.77 per month, and pay
  all of the costs of Mr. Kufel's COBRA coverage; and (b) extend the
  period following the Effective Date during which Mr. Kufel may exercise
  Company stock options vested as of the Effective Date from 60 days to 1 year;
  and
  ·
  During the 9-month period following the
  Effective Date, Mr. Kufel agrees to make himself available at the
  reasonable request of the Company's Chief Executive Officer without additional
  consideration
  A copy of the Separation Agreement is attached
  hereto and incorporated by reference herein as Exhibit 99.1.
  Terry McDaniel
  On May 9, 2008, the
  Company announced the appointment of Terry McDaniel, the Company's Chief
  Operating Officer, to the position of Chief Executive Officer, effective on May 19,
  2008 (the "Effective Date"), the date of the Company's 2008 annual meeting of
  stockholders (the "Annual Meeting").  In
  connection with his appointment:
  ·
  The Company's Board of Directors designated Mr. McDaniel
  to fill the vacancy resulting upon the expiration of Mr. Kufel's
  directorship immediately following the Annual Meeting;
  ·
  The Compensation Committee approved,
  effective as of the Effective Date, an increase in Mr. McDaniel's annual
  base salary to $385,000, an increase in monthly car allowance to $1,000 per
  month, and, to the extent that Mr. McDaniel is entitled on termination to
  six months' severance payments under his previously disclosed Executive
  Employment Agreement, and Mr. McDaniel lists the sale of his residence with a
  licensed real estate broker during the 6-month severance period and completes
  the sale of such residence during the 12-month period following the expiration
  of the 6-month severance period at a sale price less than the amount he
  initially paid for such residence (net of real estate commissions and other
  closing costs), the Company shall reimburse Mr. McDaniel for such loss in
  a lump sum payment up to a maximum of $96,250; and
  ·
  The Compensation Committee granted Mr. McDaniel
  an option to purchase 200,000 shares of common stock under the Company's 2005
  Equity Incentive Plan at an exercise price equal to the closing share price on May 7,
  2008.  The option will vest over three
  years from the date of grant, have a term of five years, and be otherwise
  consistent with the Company's Form of Employee Incentive Stock Option
  Agreement.
  2
  Mr. McDaniel is 51 years old and
  has served as the Company's Chief Operating
  Officer since April 2006.  From 2003
  to 2006, Mr. McDaniel was President/CEO and Board Member of MSLI Worksite
  Benefits, a company that markets voluntary benefits through the worksite, to
  Fortune 1000 companies.  From 1998 to 2003,
  Mr. McDaniel served as President/CEO and Board Member of Wise Foods, Inc.  Prior to 1998, Mr. McDaniel served as
  Vice President of Sales and Marketing for Wise Foods, Inc., and as Vice
  President of Sales for Haagen-Dazs Company, Inc.  Prior to these positions, he held sales
  leadership positions for companies such as the Nestle Corporation, Tropicana
  Products, Inc. and Unilever.
  There
  is no arrangement or understanding between Mr. McDaniel and any other
  person pursuant to which Mr. McDaniel was appointed as Chief Executive
  Officer or a member of the Board of Directors. 
  There are no transactions in which Mr. McDaniel has an interest
  requiring disclosure under Item 404(a) of Regulation S-K.
  Steve Weinberger
  To reflect the increased
  duties and responsibilities of Steve Weinberger, the Company's Chief Financial
  Officer in conjunction with the above-described management transition:
  ·
  The Compensation Committee approved,
  effective as of the Effective Date, an increase in Mr. Weinberger's annual
  base salary to $265,000, an increase in his monthly car allowance to $1,000 per
  month, and, to the extent that Mr. Weinberger is entitled on termination
  to six months' severance payments under his previously disclosed Executive
  Employment Agreement, and Mr. Weinberger lists the sale of his residence with a
  licensed real estate broker during the 6-month severance period and completes
  the sale of such residence during the 12-month period following expiration of
  the 6-month severance period at a sale price less than the amount he initially
  paid for such residence (net of real estate commissions and other closing
  costs), the Company shall reimburse Mr. Weinberger for such loss in a lump
  sum payment up to a maximum of $66,250; and
  ·
  The Compensation Committee granted Mr. Weinberger
  an option to purchase 150,000 shares of common stock under the Company's 2005
  Equity Incentive Plan at an exercise price equal to the closing share price on May 7,
  2008.  The option will vest over three
  years from the date of grant, have a term of five years, and be otherwise
  consistent with the Company's Form of Employee Incentive Stock Option
  Agreement.
  Item 8.01
  Other
  Events
  On May 9, 2008, the
  Company issued a press release announcing the resignation of Eric J. Kufel as
  Chief Executive Officer of the Company and the appointment of Terry McDaniel as
  Chief Executive Officer of the Company, effective on May 19, 2008, the
  date of the Company's 2008 annual meeting of stockholders.
  A copy of the Press Release
  is attached hereto as Exhibit 99.2.
  Item 9.01 Financial Statements and Exhibits.
  Exhibit 99.1
  Separation Agreement dated May 5, 2008
  between the Company and Eric J. Kufel.
  Exhibit 99.2
  Press release dated May 9, 2008.
  3
  SIGNATURE
  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.
  The Inventure Group, Inc.
  (Registrant)
  Date
  May 9, 2008
  /s/ Steve Weinberger
  (Signature)
  Steve Weinberger
  Chief Financial Officer
  4