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<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>UNITED STATES</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>SECURITIES AND EXCHANGE
COMMISSION</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>Washington, DC
&nbsp;20549</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>FORM 8-K</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>CURRENT REPORT</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>Pursuant to Section 13 or
15 (d) of the Securities Exchange Act of 1934</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>Date of Report (Date of
earliest event reported): &nbsp;August 22, 2008 (August 22, 2008)</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>ABLEAUCTIONS.COM,
INC.</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>(Exact name of Registrant
as specified in charter)</P>
<P style="MARGIN: 0px"><BR></P>
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<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>Florida</P></TD>
<TD vAlign=top width=244>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>000-28179</P></TD>
<TD vAlign=top width=244>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>59-3404233</P></TD></TR>
<TR>
<TD vAlign=top width=244>
<P style="FONT-SIZE: 9pt; MARGIN: 0px" align=center>(State or other
jurisdiction of incorporation)</P></TD>
<TD vAlign=top width=244>
<P style="FONT-SIZE: 9pt; MARGIN: 0px" align=center>(Commission File
Number)</P></TD>
<TD vAlign=top width=244>
<P style="FONT-SIZE: 9pt; MARGIN: 0px" align=center>(IRS Employer
Identification Number)</P></TD></TR></TABLE>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>1963 Lougheed
Highway</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>Coquitlam, British
Columbia Canada</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>(Address of principal
executive offices)</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px">Registrant&#146;s telephone number, including
area code: &nbsp;604-521-3369</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px" align=justify>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).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px">[ &nbsp;] Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px">[ &nbsp;] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR240.14a-12)</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px">[ &nbsp;] Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px">[ &nbsp;] Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(e)-4(c))</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px"><B>Item 8.01 Other Events</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px" align=justify>On
August 22, 2008 we announced that we are actively seeking a strategic partner or
a potential purchaser for our live auction broadcast service operations.
&nbsp;These operations include the operations of iCollector.com Technologies
Ltd., our wholly owned subsidiary, which broadcasts antique and collectible
auctions over the Internet for numerous galleries and auction houses throughout
the world, and the business and industrial auctions conducted over the Internet
for auctioneers and members of the National Auctioneers Association (NAA).
&nbsp;We have decided to pursue this option as a result of eBay&#146;s decision to
wind down the operations of its eBay Live Auctions platform effective December
31, 2008. &nbsp;The sale, consolidation or merger of our live auction broadcast
services may offer synergies and increasing returns to scale.</P>
<P style="MARGIN: 0px"><BR></P><A name=node2></A>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>SIGNATURES</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px"
align=justify>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.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px"><B>ABLEAUCTIONS.COM, INC.</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px"><U>/s/ Abdul Ladha</U></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px">Abdul Ladha, Chief Executive Officer
</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px">Dated: &nbsp;August 22, 2008</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="MARGIN: 0px"><BR></P>
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style="MARGIN: 0px"><BR></P></BODY>
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Ableauctions.com, Inc. - Current Report - 22AUG08
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, DC
 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 22, 2008 (August 22, 2008)
ABLEAUCTIONS.COM,
INC.
(Exact name of Registrant
as specified in charter)
Florida
000-28179
59-3404233
(State or other
jurisdiction of incorporation)
(Commission File
Number)
(IRS Employer
Identification Number)
1963 Lougheed
Highway
Coquitlam, British
Columbia Canada
(Address of principal
executive offices)
Registrant's telephone number, including
area code:  604-521-3369
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 CFR240.14a-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 240.13(e)-4(c))
Item 8.01 Other Events
On
August 22, 2008 we announced that we are actively seeking a strategic partner or
a potential purchaser for our live auction broadcast service operations.
 These operations include the operations of iCollector.com Technologies
Ltd., our wholly owned subsidiary, which broadcasts antique and collectible
auctions over the Internet for numerous galleries and auction houses throughout
the world, and the business and industrial auctions conducted over the Internet
for auctioneers and members of the National Auctioneers Association (NAA).
 We have decided to pursue this option as a result of eBay's decision to
wind down the operations of its eBay Live Auctions platform effective December
31, 2008.  The sale, consolidation or merger of our live auction broadcast
services may offer synergies and increasing returns to scale.
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.
ABLEAUCTIONS.COM, INC.
/s/ Abdul Ladha
Abdul Ladha, Chief Executive Officer
Dated:  August 22, 2008