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): October 18, 2004


                                MONACO GROUP INC.
                                -----------------
             (Exact name of registrant as specified in its charter)

           Delaware                    0 - 50752                98-0404764
           --------                    ---------                ----------
(State or other jurisdiction of     (Commission File         (I.R.S. Employer
incorporation or organization)          Number)           Identification Number)


          20A Voyager Court South, Etobicoke, Ontario, Canada, M9W 5M7
          ------------------------------------------------------------
                    (Address of principal executive offices)


                                 (416) 213-0028
                                 --------------
                        (Registrant's telephone number)

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))



<PAGE>






ITEM 8.01. OTHER ITEMS
----------------------

On October 4, 2004,  Monaco Group Inc., a Delaware  corporation (the "Company"),
entered into a Share  Purchase  Agreement  with Burgio Family  Holdings Inc., an
Ontario  corporation,  ALBAR Capital Corp.,  an Ontario  corporation  ("ALBAR"),
Monaco  (Canada)  Inc., an Ontario  corporation  and the Company's  wholly-owned
subsidiary ("Monaco Canada") (the "Share Purchase Agreement").

Under the terms of the Share Purchase Agreement,  among other things, ALBAR will
sell to Monaco  Canada  all of the issued  and  outstanding  shares of LF Brands
Inc., an Ontario corporation ("LF Brands"), in consideration of shares of Monaco
Canada.

With respect to the Share  Purchase  Agreement,  reference is hereby made to the
Company's current report on Form 8-K filed with the U.S. Securities and Exchange
Commission on October 8, 2004.

Subsequently, LF Brands announced that its newly formed wholly-owned subsidiary,
Loretta  Baking Mix  Products  Ltd.,  a Michigan  corporation,  signed a binding
Letter of Intent to acquire  all of the assets and  business  of  Michigan-based
Amendt Corporation,  a Michigan corporation ("Amendt"),  for consideration of up
to  $2,900,000,   subject  to  certain  financing  restrictions.   Amendt  is  a
manufacturer of baking mix products,  under its brand name,  "County Fare",  and
under private-label for retail chains.

On October  18,  2004,  LF Brands  issued a press  release  with  respect to the
foregoing. A copy of the press release is attached as Exhibit 99.3 hereto.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
--------------------------------------------

(c)  Exhibits

Exhibit Number     Description
--------------     -----------
99.3               LF Brands press release dated October 18, 2004



                                   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 thereunto duly authorized.


                                                Monaco Group Inc.
                                                -----------------
                                                (Registrant)


                                                /s/ Peter Nelipa
                                                --------------------------------
                                                Peter Nelipa
                                                Chief Executive Officer
                                                (Duly Authorized Officer)

                                                Date: October 21, 2004



<PAGE>






                                  EXHIBIT INDEX
                                  -------------


Exhibit Number     Description
--------------     -----------
99.3               LF Brands press release dated October 18, 2004
[{"type": "8-K", "sequence": "1", "filename": "monaco8k101804.txt", "description": "MONACO GROUP INC. 8K, 10.18.04", "secsgml_size_bytes": 4860}]
{"company-data": {"conformed-name": "MONACO GROUP INC", "cik": "0001269036", "assigned-sic": "5141", "irs-number": "980404764", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50752", "film-number": "041089243"}, "mail-address": {"street1": "20A VOYAGER CT SOUTH", "city": "ETOBICOKE", "state": "A6", "zip": "M9W 5M7"}}
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): October 18, 2004

                                MONACO GROUP INC.
                                -----------------
             (Exact name of registrant as specified in its charter)

           Delaware                    0 - 50752                98-0404764
           --------                    ---------                ----------
(State or other jurisdiction of     (Commission File         (I.R.S. Employer
incorporation or organization)          Number)           Identification Number)

          20A Voyager Court South, Etobicoke, Ontario, Canada, M9W 5M7
          ------------------------------------------------------------
                    (Address of principal executive offices)

                                 (416) 213-0028
                                 --------------
                        (Registrant's telephone number)

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 ITEMS
----------------------

On October 4, 2004,  Monaco Group Inc., a Delaware  corporation (the "Company"),
entered into a Share  Purchase  Agreement  with Burgio Family  Holdings Inc., an
Ontario  corporation,  ALBAR Capital Corp.,  an Ontario  corporation  ("ALBAR"),
Monaco  (Canada)  Inc., an Ontario  corporation  and the Company's  wholly-owned
subsidiary ("Monaco Canada") (the "Share Purchase Agreement").

Under the terms of the Share Purchase Agreement,  among other things, ALBAR will
sell to Monaco  Canada  all of the issued  and  outstanding  shares of LF Brands
Inc., an Ontario corporation ("LF Brands"), in consideration of shares of Monaco
Canada.

With respect to the Share  Purchase  Agreement,  reference is hereby made to the
Company's current report on Form 8-K filed with the U.S. Securities and Exchange
Commission on October 8, 2004.

Subsequently, LF Brands announced that its newly formed wholly-owned subsidiary,
Loretta  Baking Mix  Products  Ltd.,  a Michigan  corporation,  signed a binding
Letter of Intent to acquire  all of the assets and  business  of  Michigan-based
Amendt Corporation,  a Michigan corporation ("Amendt"),  for consideration of up
to  $2,900,000,   subject  to  certain  financing  restrictions.   Amendt  is  a
manufacturer of baking mix products,  under its brand name,  "County Fare",  and
under private-label for retail chains.

On October  18,  2004,  LF Brands  issued a press  release  with  respect to the
foregoing. A copy of the press release is attached as Exhibit 99.3 hereto.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
--------------------------------------------

(c)  Exhibits

Exhibit Number     Description
--------------     -----------
99.3               LF Brands press release dated October 18, 2004

                                   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 thereunto duly authorized.

                                                Monaco Group Inc.
                                                -----------------
                                                (Registrant)

                                                /s/ Peter Nelipa
                                                --------------------------------
                                                Peter Nelipa
                                                Chief Executive Officer
                                                (Duly Authorized Officer)

                                                Date: October 21, 2004
EXHIBIT INDEX
                                  -------------

Exhibit Number     Description
--------------     -----------
99.3               LF Brands press release dated October 18, 2004