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<title>Indover Bank</title>
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<p ALIGN="CENTER"></font><font size="2"><font face="Arial">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
WASHINGTON, D.C. 20549<br>
__________________</font></p>

<p ALIGN="CENTER"><font face="Arial">FORM 8-K<br>
<br>
CURRENT REPORT</font></p>
</b>

<p ALIGN="CENTER"><font face="Arial">PURSUANT TO SECTION 13 OR 15(d) of the<br>
SECURITIES EXCHANGE ACT OF 1934</font></p>

<p ALIGN="CENTER"><font face="Arial">__________________</font></p>

<p ALIGN="CENTER"><font face="Arial">Date of Report (Date of earliest event reported): May
31, 2012</font></p>
<u><b>

<p ALIGN="CENTER"><font face="Arial">CHINA MEDIA GROUP CORPORATION<br>
</b></u>(Exact Name of Registrant as Specified in Charter)</font></p>
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    <td WIDTH="37%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><u><b><font face="Arial">Texas</font></b></u></font></td>
    <td WIDTH="32%" VALIGN="BOTTOM"><font size="2"><u><b><p ALIGN="CENTER"><font face="Arial">5813</font></b></u></font></td>
    <td WIDTH="32%" VALIGN="BOTTOM"><font size="2"><u><b><p ALIGN="CENTER"><font face="Arial">75-3016844</font></b></u></font></td>
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    <td WIDTH="37%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">(State
    or other jurisdiction</font></font></td>
    <td WIDTH="32%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">(Commission</font></font></td>
    <td WIDTH="32%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">(IRS
    Employer</font></font></td>
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    <td WIDTH="37%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">of
    incorporation)</font></font></td>
    <td WIDTH="32%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">File
    Number)</font></font></td>
    <td WIDTH="32%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">Identification
    No.)</font></font></td>
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    <td WIDTH="65%" VALIGN="BOTTOM" HEIGHT="42"><font size="2"><u><b><p ALIGN="CENTER"><font
    face="Arial"><br>
    1402 Wan Chai Commercial Center, 194-204 Johnston Road, Wanchai, Hong Kong</font></b></u></font></td>
    <td WIDTH="35%" VALIGN="BOTTOM" HEIGHT="42"><font size="2"><u><b><p ALIGN="CENTER"><font
    face="Arial">n/a</font></b></u></font></td>
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    <td WIDTH="65%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">(Address
    of principal executive offices)</font></font></td>
    <td WIDTH="35%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">(Zip
    code)</font></font></td>
  </tr>
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    <td WIDTH="65%" VALIGN="BOTTOM"></td>
    <td WIDTH="35%" VALIGN="BOTTOM"></td>
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    <td WIDTH="65%" VALIGN="BOTTOM"><font size="2"><p ALIGN="CENTER"><font face="Arial">Registrant&#146;s
    telephone number, including area code:</font></font></td>
    <td WIDTH="35%" VALIGN="BOTTOM"><font size="2"><b><p ALIGN="CENTER"><font face="Arial">+011
    852 3171 1208</font></b></font></td>
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    <td VALIGN="TOP" HEIGHT="37"><font size="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    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:</font></font></td>
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    <td VALIGN="TOP" width="33"><p align="center"><font face="Arial" size="2"><br>
    [&nbsp; ] </font></td>
    <td VALIGN="TOP" width="568"><font face="Arial" size="2"><br>
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td>
  </tr>
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    <td VALIGN="TOP" width="33" align="center"><font face="Arial" size="2"><br>
    [&nbsp; ] </font></td>
    <td VALIGN="TOP" width="568"><font face="Arial" size="2"><br>
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td>
  </tr>
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    <td VALIGN="TOP" width="33" align="center"><font face="Arial" size="2"><br>
    [&nbsp; ] </font></td>
    <td VALIGN="TOP" width="568"><font face="Arial" size="2"><br>
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act&nbsp;(17&nbsp;CFR&nbsp;240.14d-2(b))</font></td>
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    <td VALIGN="TOP" width="33" align="center"><font face="Arial" size="2"><br>
    [&nbsp; ] </font></td>
    <td VALIGN="TOP" width="568"><font face="Arial" size="2"><br>
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act&nbsp;
    (17&nbsp;CFR&nbsp;240.13e-4(c))</font></td>
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    <td WIDTH="14%" VALIGN="TOP" HEIGHT="14"><font size="2"><b><p ALIGN="JUSTIFY"><font
    face="Arial">Item 8.01</font></b></font></td>
    <td WIDTH="86%" VALIGN="TOP" HEIGHT="14"><font size="2"><b><p ALIGN="JUSTIFY"><font
    face="Arial">Other Events</font></b></font></td>
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    <td VALIGN="TOP"><font size="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    On March 14, 2012, China Media Group Corporation (&quot;CMG&quot;), Good World Investments
    Limited (&quot;Purchaser&quot;), a wholly owned subsidiary of CMG, ECE Technologies Sdn.
    Bhd. (the &quot;Vendor&quot;) and A-Team Resources Sdn. Bhd. (&quot;ATeam&quot;)
    (collectively as &quot;Parties&quot;) entered into a conditional Sale and Purchase
    Agreement (&quot;SP Agreement&quot;) for the Purchaser to acquire the entire issuing
    shares of 2,000,000 shares in ATeam from the Vendor. </font></p>
    <p ALIGN="JUSTIFY"><font face="Arial">On April 17, 2012, a letter agreement was entered
    between the Parties to extend the Long Stop Date stated in Clause 1.1 of the SP Agreement
    from April 18, 2012 to May 31, 2012. </font></p>
    <p ALIGN="JUSTIFY"><font face="Arial">On May 31, 2012 the Parties mutually agreed to
    further extend the Long Stop Date from May 31, 2012 to June 11, 2012 in order to allow
    additional time for the Purchaser to complete the due diligence exercise. All other terms
    and conditions remain unchanged.</font></font></td>
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<p ALIGN="CENTER"><font face="Arial">SIGNATURES</font></p>
</b></font><div align="center"><center>

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    <td VALIGN="TOP"><font size="2"><p ALIGN="JUSTIFY"><font face="Arial">Pursuant to the
    requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly
    caused this Current Report to be signed on its behalf by the undersigned hereunto duly
    authorized.</font></font></td>
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<p>&nbsp;</p>
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    <td WIDTH="45%" VALIGN="TOP"><font face="Arial" size="2">Date:June 5, 2012</font></td>
    <td WIDTH="55%" VALIGN="TOP"><font face="Arial" size="2"><b>CHINA MEDIA GROUP CORPORATION</b></font></td>
  </tr>
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    <td WIDTH="45%" VALIGN="TOP"></td>
    <td WIDTH="55%" VALIGN="TOP"></td>
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    <td WIDTH="55%" VALIGN="TOP"></td>
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    <td WIDTH="45%" VALIGN="TOP"></td>
    <td WIDTH="55%" VALIGN="TOP"><font face="Arial" size="2">By: <i>/s/ Con Unerkov</i></font></td>
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    <td WIDTH="45%" VALIGN="TOP"></td>
    <td WIDTH="55%" VALIGN="TOP"><font face="Arial" size="2">---------------------------------</font></td>
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    <td WIDTH="45%" VALIGN="TOP"></td>
    <td WIDTH="55%" VALIGN="TOP"><font face="Arial" size="2">Name: Con Unerkov</font></td>
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    <td WIDTH="45%" VALIGN="TOP"></td>
    <td WIDTH="55%" VALIGN="TOP"><font face="Arial" size="2">Title: Director</font></td>
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    <td WIDTH="45%" VALIGN="TOP"></td>
    <td WIDTH="55%" VALIGN="TOP"></td>
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{"company-data": {"conformed-name": "China Media Group CORP", "cik": "0001211211", "assigned-sic": "7310", "irs-number": "320034926", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50431", "film-number": "12888492"}, "business-address": {"street1": "9901 I.H. 10 WEST", "street2": "SUITE 800", "city": "SAN ANTONIO", "state": "TX", "zip": "78230", "phone": "01186755 61657704"}, "mail-address": {"street1": "9901 I.H. 10 WEST", "street2": "SUITE 800", "city": "SAN ANTONIO", "state": "TX", "zip": "78230"}, "former-company": {"former-conformed-name": "DELIGHTFULLY FROZEN CORP", "date-changed": "20021219"}}
Indover Bank
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
31, 2012
CHINA MEDIA GROUP CORPORATION
(Exact Name of Registrant as Specified in Charter)
Texas
5813
75-3016844
(State
    or other jurisdiction
(Commission
(IRS
    Employer
of
    incorporation)
File
    Number)
Identification
    No.)
1402 Wan Chai Commercial Center, 194-204 Johnston Road, Wanchai, Hong Kong
n/a
(Address
    of principal executive offices)
(Zip
    code)
Registrant's
    telephone number, including area code:
+011
    852 3171 1208
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 8.01
Other Events
On March 14, 2012, China Media Group Corporation ("CMG"), Good World Investments
    Limited ("Purchaser"), a wholly owned subsidiary of CMG, ECE Technologies Sdn.
    Bhd. (the "Vendor") and A-Team Resources Sdn. Bhd. ("ATeam")
    (collectively as "Parties") entered into a conditional Sale and Purchase
    Agreement ("SP Agreement") for the Purchaser to acquire the entire issuing
    shares of 2,000,000 shares in ATeam from the Vendor.
On April 17, 2012, a letter agreement was entered
    between the Parties to extend the Long Stop Date stated in Clause 1.1 of the SP Agreement
    from April 18, 2012 to May 31, 2012.
On May 31, 2012 the Parties mutually agreed to
    further extend the Long Stop Date from May 31, 2012 to June 11, 2012 in order to allow
    additional time for the Purchaser to complete the due diligence exercise. All other terms
    and conditions remain unchanged.
SIGNATURES
Pursuant to the
    requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly
    caused this Current Report to be signed on its behalf by the undersigned hereunto duly
    authorized.
Date:June 5, 2012
CHINA MEDIA GROUP CORPORATION
By:
/s/ Con Unerkov
---------------------------------
Name: Con Unerkov
Title: Director