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): August 18, 2011


                               IMAGINE MEDIA, LTD.
                    ----------------------------------------
             (Exact name of Registrant as specified in its charter)


     Delaware                       333-145999                  26-0731818
------------------------------------------------------------------------------
(State or other jurisdiction    (Commission File No.)       (IRS Employer
of incorporation)                                           Identification No.)



                            7750 N. Union Blvd., #201
                           Colorado Springs, CO 80920
               --------------------------------------------------
          (Address of principal executive offices, including Zip Code)


       Registrant's telephone number, including area code: (719) 266-4554



                                       N/A
                    -----------------------------------------
          (Former name or former address if changed since last report)




<PAGE>

Item 1.01 Entry into a Material Definitive Agreement

     On August  18,  2011 the  Company  entered  into an  agreement  to  acquire
approximately  53% of the  outstanding  shares of TransBioTec,  Inc.  ("TBT") in
exchange for 12,416,462 shares of the Company's common stock.

     TBT, headquartered in Seal Beach, California,  has developed and patented a
high technology,  state-of-the-art transdermal sensor that detects blood alcohol
levels through a person's  skin.  Ethanol is produced as alcohol is ingested and
metabolized   in  the  body.  The  system  senses   ethanol   excreted   through
perspiration.  A person  places  their  finger on the  sensor,  and  within  5-8
seconds,  the sensor will detect the ethanol level. A signal can then be sent to
output  devices  that  control  the  ignition  in a vehicle  to  prevent it from
starting. The system can also communicate with other devices such as a GPS unit,
or cell phone.

     The TBT  system is  unobtrusive,  accurate,  reliable,  durable,  low cost,
easier to use and faster than the  current  breathalyzer  applications.  TBT has
completed  its beta  testing  of the  sensor  and is  currently  developing  its
manufacturing capability.

     Initially,  TBT  intends to offer its sensor  only for  commercial  vehicle
applications.  Later,  TBT plans to market  its  sensor to the public for use in
automobiles, SUV's, RV's, boats and other vehicles.

     Completion  of  the  Company's   acquisition  of  TBT  is  subject  to  the
satisfaction  of  several   conditions   including   without   limitation,   the
satisfactory  completion of due diligence by both parties, and the completion of
an audit of TBT's  financial  statements.  There  can be no  assurance  that the
transaction will be completed.


Item 9.01          Financial Statements and Exhibits

Exhibit     Description
-------     -----------

10.3        Agreement to Exchange Securities

                                       2

<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 by the
undersigned hereunto duly authorized.


Date:  August 18, 2011.

                                 IMAGINE MEDIA, LTD.


                                 By: /s/ Greg Bloom
                                     ----------------------------------
                                     Greg Bloom, President

                                       3

<PAGE>
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{"company-data": {"conformed-name": "IMAGINE MEDIA LTD", "cik": "0001425627", "assigned-sic": "2721", "irs-number": "260731818", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-53316", "film-number": "111045527"}, "business-address": {"street1": "7750 NORTH UNION BLVD.", "street2": "SUITE 201", "city": "COLORADO SPRINGS", "state": "CO", "zip": "80920", "phone": "719-590-4900"}, "mail-address": {"street1": "7750 NORTH UNION BLVD.", "street2": "SUITE 201", "city": "COLORADO SPRINGS", "state": "CO", "zip": "80920"}}
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): August 18, 2011

                               IMAGINE MEDIA, LTD.
                    ----------------------------------------
             (Exact name of Registrant as specified in its charter)

     Delaware                       333-145999                  26-0731818
------------------------------------------------------------------------------
(State or other jurisdiction    (Commission File No.)       (IRS Employer
of incorporation)                                           Identification No.)

                            7750 N. Union Blvd., #201
                           Colorado Springs, CO 80920
               --------------------------------------------------
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (719) 266-4554

                                       N/A
                    -----------------------------------------
          (Former name or former address if changed since last report)
Item 1.01 Entry into a Material Definitive Agreement

     On August  18,  2011 the  Company  entered  into an  agreement  to  acquire
approximately  53% of the  outstanding  shares of TransBioTec,  Inc.  ("TBT") in
exchange for 12,416,462 shares of the Company's common stock.

     TBT, headquartered in Seal Beach, California,  has developed and patented a
high technology,  state-of-the-art transdermal sensor that detects blood alcohol
levels through a person's  skin.  Ethanol is produced as alcohol is ingested and
metabolized   in  the  body.  The  system  senses   ethanol   excreted   through
perspiration.  A person  places  their  finger on the  sensor,  and  within  5-8
seconds,  the sensor will detect the ethanol level. A signal can then be sent to
output  devices  that  control  the  ignition  in a vehicle  to  prevent it from
starting. The system can also communicate with other devices such as a GPS unit,
or cell phone.

     The TBT  system is  unobtrusive,  accurate,  reliable,  durable,  low cost,
easier to use and faster than the  current  breathalyzer  applications.  TBT has
completed  its beta  testing  of the  sensor  and is  currently  developing  its
manufacturing capability.

     Initially,  TBT  intends to offer its sensor  only for  commercial  vehicle
applications.  Later,  TBT plans to market  its  sensor to the public for use in
automobiles, SUV's, RV's, boats and other vehicles.

     Completion  of  the  Company's   acquisition  of  TBT  is  subject  to  the
satisfaction  of  several   conditions   including   without   limitation,   the
satisfactory  completion of due diligence by both parties, and the completion of
an audit of TBT's  financial  statements.  There  can be no  assurance  that the
transaction will be completed.

Item 9.01          Financial Statements and Exhibits

Exhibit     Description
-------     -----------

10.3        Agreement to Exchange Securities

                                       2
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.

Date:  August 18, 2011.

                                 IMAGINE MEDIA, LTD.

                                 By: /s/ Greg Bloom
                                     ----------------------------------
                                     Greg Bloom, President

                                       3