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      AND EXCHANGE COMMISSION</font></div>
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      D.C. 20549</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">FORM&#160;8-K</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
      REPORT</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to Section&#160;13 or 15(d)&#160;of the</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Securities
      Exchange Act of 1934</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">January
      18, 2007</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Date
      of Report (date of earliest event reported):</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">BETTER
      BIODIESEL, INC.</font></div>
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      name of registrant as specified in its charter)</font></div>
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                incorporation)</font></div>
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                File Number)</font></div>
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                Employer</font></div>
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                Number)</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">601
      Union Street, Suite 4500</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Seattle,
      WA 98121</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;(Address
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant&#8217;s
      telephone number, including area code: (<font style="DISPLAY: inline; FONT-WEIGHT: bold">206) 838-9715</font></font></div>
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      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></div>
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      Written communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font></div>
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      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
      Act
      (17 CFR 240.14d-2(b))</font></div>
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      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
      Act
      (17 CFR 240.13e-4(c))</font></div>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">FORM
      8-K</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">Section
      1 - Registrant&#8217;s Business and
      Operations</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">Item
      1.01 Entry into a Material
      Definitive Agreement.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">On
</font><font style="DISPLAY: inline; COLOR: #000000">January
      19, 2008, Better Biodiesel, Inc.
      (&#8220;Better Biodiesel&#8221; of the &#8220;Company&#8221;) entered into eight individual consulting
      agreements for professional services with the following individuals and on
      the
      following terms:</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">Cambridge
      Partners, LLC (&#8220;Cambridge&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211; In exchange for strategic
      management
      services to effect the implementation of the Company&#8217;s business plan, the
      Company agreed to issue to Cambridge 2,000,000 shares of common stock of the
      Company.&#160;&#160;The term of agreement is 12 months.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">Joseph
      Martin</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">,
      LLC
      (&#8220;</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">Joseph
      Martin</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211;
In
      exchange for strategic management
      services to effect the implementation of the Company&#8217;s business plan, the
      Company agreed to issue to Joseph Martin 2,000,000 shares of common stock of
      the
      Company.&#160;&#160;The term of agreement is 12 months.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Shropshire
      Capital Holdings,
      LLC</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">(&#8220;</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">Shropshire</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211;
In
      exchange for strategic management
      services to effect the implementation of the Company&#8217;s business plan, the
      Company agreed to issue to </font><font style="DISPLAY: inline; COLOR: #000000">Shropshire </font><font style="DISPLAY: inline; COLOR: #000000">2,000,000
      shares of common stock of the
      Company.&#160;&#160;The term of agreement is 12 months.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">18KT.TV,
      LLC</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">(&#8220;</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">18KT</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211;
</font><font style="DISPLAY: inline; COLOR: #000000">In
      exchange for </font>the creation of
      an investment profile for the Company and to provide investor relation services
      for a term of 12 months<font style="DISPLAY: inline; COLOR: #000000">,</font><font style="DISPLAY: inline; COLOR: #000000">
      the Company agreed to issue to 18KT,
      100,000 shares of common stock of the Company and 300,000 10-year warrants
      with
      an exercise price of $1.00 per share.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Barry
      Davis</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">(&#8220;</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">Davis</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211;
</font><font style="DISPLAY: inline; COLOR: #000000">In
      exchange for </font>strategic
      marketing services <font style="DISPLAY: inline; COLOR: #000000">the Company
      agreed to issue to Davis 1,200,000 shares of common stock of the
      Company.&#160;&#160;The term of agreement is 12 months.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">144Media</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">,
      LLC
      (&#8220;</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">144Media</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211;
In
      exchange for media and
      communication services, the Company agreed to issue to 144Media 4,000,000 shares
      of common stock of the Company.&#160;&#160;The term of agreement is for not less
      than 12 months.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">Capital
      Group Communications </font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">(&#8220;</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">CGC</font><font style="DISPLAY: inline; COLOR: #000000; TEXT-DECORATION: underline">&#8221;)</font><font style="DISPLAY: inline; COLOR: #000000">&#8211;
In
      exchange for investor and market
      communication services, the Company agreed to issue to CGC 3,000,000 shares
      of
      common stock of the Company.&#160;&#160;The term of agreement is for 12
      months.</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Focus
      Earth, Inc.
      (&#8220;FE&#8221;)</font> - <font style="DISPLAY: inline; COLOR: #000000">In exchange for
      green energy focused investor and market communication services, the Company
      agreed to issue to FE 3,000,000 shares of common stock of the
      Company.&#160;&#160;The term of agreement is for 12 months.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">Section
      3 &#8211; Securities and Trading
      Markets</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Item
      3.02</font><font style="DISPLAY: inline; COLOR: #000000">&#160;&#160;Unregistered Sales of
      Equity
      Securities</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;In
      connection with
      the eight consulting agreements detailed in Item 1.01, the Company agreed to
      the
      issuance of a total of 18,200,000 shares of common stock and 300,000 warrants
      for the purchase of common stock of the Company under Section 4(2) of the
      Securities Act of 1933.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">Section
      5 &#8211; Corporate Governance and
      Management Registrant&#8217;s Business and Operations</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Item
      5.02 Departure
      of Directors or Principal Officers; Election of Directors; Appointment of
      Principal Officers.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;On
      January
      19, 2008, the Board of Directors (the &#8220;Board&#8221;) of the Company accepted the
      resignations of Gary Crook as Chief Financial Officer of the
      Company.&#160;&#160;Mr. Crook had served as Chief Financial Officer since his
      appointment on January 26, 2007.&#160;&#160;Mr. Crook<font style="DISPLAY: inline; COLOR: #000000">&#8217;s </font>resignation reflects
      the
      Company&#8217;s decision to shift to a vertically integrated business strategy in
      pursuit of additional revenue opportunities with the biofuels industry, and
      does
      not arise from any disagreement on any matter relating to the Company&#8217;s
      operations, policies or practices, or regarding the general direction of the
      Company.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;To
      the extent that
      any information called for in Item 404(a) of Regulation S-B is required pursuant
      to this appointment, such information is currently unavailable and will be
      provided in an amendment to this Form 8-K within four days from when this
      information becomes available.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;On
      January
      21, 2008 the Board of Directors of the Company appointed Allen Perron as its
      Chief Financial Officer.&#160;&#160;Pursuant to the terms of the employment
      agreement as approved by the Company&#8217;s Board of Directors, Mr. Perron shall
      receive compensation of $150.00 per hour plus 3-year warrants representing
      1% of
      the issued and outstanding shares of the company as of January 17, 2008 with
      an
      exercise price equal to the average of the closing bid and ask price as quoted
      on the Over the Counter Bulleting Board as of that day.&#160;&#160;The warrants
      will vest at 10% upon commencement of employment; 10% immediately subsequent
      to
      meeting certain defined SEC filings, and; 10% for any payment for services
      not
      made within 45 days of employee&#8217;s bill date.&#160;&#160;&#160;The remaining
      unvested warrants will vest one year from the date of commencement of
      employment.&#160;&#160;The warrants may be exercised on a cash or cashless
      basis.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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      CFO, Mr.
      Perron shall serve as such until the earlier of (i) his resignation upon 30
      days
      notice, (ii) his termination by the Company upon 30 days notice or (iii) his
      death or disability.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Mr.
      Perron is
      an independent Business Consultant. He has over thirty-six years experience
      as
      an Accounting and Finance Professional.&#160;&#160;He successfully managed
      services to clients including eleven years as a CPA / audit manager performing
      financial auditing with Coopers &amp; Lybrand, including preparation of
      financial statements, and preparation and review of SEC filings. For twelve
      years he served as Vice President of Finance and /or President and/or Director
      for all of the non-regulated subsidiaries of Puget Power, the predecessor of
      Puget Sound Energy.&#160;&#160;He has been an independent Business Consultant
      for the past eleven years including more than two years performing evaluation
      of
      accounting and control systems for compliance with the Sarbanes-Oxley Act.
      Other
      experience includes creation of business plans, budgeting, financial
      forecasting, selection of accounting systems, and planning, structuring and
      due
      diligence procedures in connection with mergers and acquisition.&#160;&#160;He
      has also managed start-up situations and served as a consultant with
      responsibility for SEC filings for small business enterprises.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;To
      the extent
      that any information called for <font style="DISPLAY: inline; COLOR: #000000">in
      Item 404(a) of Regulation S-B</font> is unavailable, the Company will provide
      such information in an amendment to this Form 8-K within four (4) days from
      when
      this information becomes available.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">Section
      9 - Financial Statements and
      Exhibits</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Item
      9.01 Financial
      Statements and Exhibits</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 72pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      <font style="DISPLAY: inline; COLOR: #000000">Exhibits.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 72pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 62pt"></font><font style="DISPLAY: inline; COLOR: #000000">(See
      Exhibit Index)</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dated:&#160;&#160;January
      22, 2008</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
            <td align="left" colspan="2" valign="top" width="36%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">BETTER
                BIODIESEL, INC.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="36%">
            </td>
            <td align="left" valign="top" width="4%">
            </td>
            <td align="left" valign="top" width="33%">
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="36%">
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
            </td>
            <td align="left" valign="top" width="33%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/
                Allen Perron</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="36%">
            </td>
            <td align="left" valign="top" width="4%">
            </td>
            <td align="left" valign="top" width="33%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Allen
                Perron</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief
                Financial Officer</font></div>
            </td>
          </tr>

      </table>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT
      INDEX</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Description</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Number</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.8&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consulting
      Services Agreement with Cambridge Partners, LLC, dated January 18,
      2008</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.9&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consulting
      Services Agreement with Joseph Martin, LLC, dated January 18, 2008</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div>
      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.10&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Consulting Services Agreement with Shropshire Capital Holdings, LLC, dated
        January 17, 2008 </font></div>
      <div align="left">&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consulting
      Services Agreement with 18KT.TV, LLC, dated January 18, 2008</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.12&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consulting
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.13&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consulting
      Services Agreement with 144Media, LLC, dated January 18, 2008</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.14&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Consulting Services Agreement with Capital Group Communications, Inc., dated
        January 18, 2008 </font></div>
      <div align="left">&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.15&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consulting
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
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form8-k.htm
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
January
      18, 2007
Date
      of Report (date of earliest event reported):
BETTER
      BIODIESEL, INC.
(Exact
      name of registrant as specified in its charter)
Colorado
333-67174
84-1153946
(State
                or other jurisdiction
of
                incorporation)
(Commission
                File Number)
(IRS
                Employer
I.D.
                Number)
601
      Union Street, Suite 4500
Seattle,
      WA 98121
(Address
      of principal executive offices)
Registrant's
      telephone number, including area code: (
206) 838-9715
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))
FORM
      8-K
Section
      1 - Registrant's Business and
      Operations
Item
      1.01 Entry into a Material
      Definitive Agreement.
On
January
      19, 2008, Better Biodiesel, Inc.
      ("Better Biodiesel" of the "Company") entered into eight individual consulting
      agreements for professional services with the following individuals and on
      the
      following terms:
Cambridge
      Partners, LLC ("Cambridge")
– In exchange for strategic
      management
      services to effect the implementation of the Company's business plan, the
      Company agreed to issue to Cambridge 2,000,000 shares of common stock of the
      Company.  The term of agreement is 12 months.
Joseph
      Martin
,
      LLC
      ("
Joseph
      Martin
")
–
In
      exchange for strategic management
      services to effect the implementation of the Company's business plan, the
      Company agreed to issue to Joseph Martin 2,000,000 shares of common stock of
      the
      Company.  The term of agreement is 12 months.
Shropshire
      Capital Holdings,
      LLC
("
Shropshire
")
–
In
      exchange for strategic management
      services to effect the implementation of the Company's business plan, the
      Company agreed to issue to
Shropshire
2,000,000
      shares of common stock of the
      Company.  The term of agreement is 12 months.
18KT.TV,
      LLC
("
18KT
")
–
In
      exchange for
the creation of
      an investment profile for the Company and to provide investor relation services
      for a term of 12 months
,
the Company agreed to issue to 18KT,
      100,000 shares of common stock of the Company and 300,000 10-year warrants
      with
      an exercise price of $1.00 per share.
Barry
      Davis
("
Davis
")
–
In
      exchange for
strategic
      marketing services
the Company
      agreed to issue to Davis 1,200,000 shares of common stock of the
      Company.  The term of agreement is 12 months.
144Media
,
      LLC
      ("
144Media
")
–
In
      exchange for media and
      communication services, the Company agreed to issue to 144Media 4,000,000 shares
      of common stock of the Company.  The term of agreement is for not less
      than 12 months.
Capital
      Group Communications
("
CGC
")
–
In
      exchange for investor and market
      communication services, the Company agreed to issue to CGC 3,000,000 shares
      of
      common stock of the Company.  The term of agreement is for 12
      months.
Focus
      Earth, Inc.
      ("FE")
-
In exchange for
      green energy focused investor and market communication services, the Company
      agreed to issue to FE 3,000,000 shares of common stock of the
      Company.  The term of agreement is for 12 months.
Section
      3 – Securities and Trading
      Markets
Item
      3.02
Unregistered Sales of
      Equity
      Securities
In
      connection with
      the eight consulting agreements detailed in Item 1.01, the Company agreed to
      the
      issuance of a total of 18,200,000 shares of common stock and 300,000 warrants
      for the purchase of common stock of the Company under Section 4(2) of the
      Securities Act of 1933.
Section
      5 – Corporate Governance and
      Management Registrant's Business and Operations
Item
      5.02 Departure
      of Directors or Principal Officers; Election of Directors; Appointment of
      Principal Officers.
On
      January
      19, 2008, the Board of Directors (the "Board") of the Company accepted the
      resignations of Gary Crook as Chief Financial Officer of the
      Company.  Mr. Crook had served as Chief Financial Officer since his
      appointment on January 26, 2007.  Mr. Crook
's
resignation reflects
      the
      Company's decision to shift to a vertically integrated business strategy in
      pursuit of additional revenue opportunities with the biofuels industry, and
      does
      not arise from any disagreement on any matter relating to the Company's
      operations, policies or practices, or regarding the general direction of the
      Company.
To
      the extent that
      any information called for in Item 404(a) of Regulation S-B is required pursuant
      to this appointment, such information is currently unavailable and will be
      provided in an amendment to this Form 8-K within four days from when this
      information becomes available.
On
      January
      21, 2008 the Board of Directors of the Company appointed Allen Perron as its
      Chief Financial Officer.  Pursuant to the terms of the employment
      agreement as approved by the Company's Board of Directors, Mr. Perron shall
      receive compensation of $150.00 per hour plus 3-year warrants representing
      1% of
      the issued and outstanding shares of the company as of January 17, 2008 with
      an
      exercise price equal to the average of the closing bid and ask price as quoted
      on the Over the Counter Bulleting Board as of that day.  The warrants
      will vest at 10% upon commencement of employment; 10% immediately subsequent
      to
      meeting certain defined SEC filings, and; 10% for any payment for services
      not
      made within 45 days of employee's bill date.   The remaining
      unvested warrants will vest one year from the date of commencement of
      employment.  The warrants may be exercised on a cash or cashless
      basis.
As
      CFO, Mr.
      Perron shall serve as such until the earlier of (i) his resignation upon 30
      days
      notice, (ii) his termination by the Company upon 30 days notice or (iii) his
      death or disability.
Mr.
      Perron is
      an independent Business Consultant. He has over thirty-six years experience
      as
      an Accounting and Finance Professional.  He successfully managed
      services to clients including eleven years as a CPA / audit manager performing
      financial auditing with Coopers & Lybrand, including preparation of
      financial statements, and preparation and review of SEC filings. For twelve
      years he served as Vice President of Finance and /or President and/or Director
      for all of the non-regulated subsidiaries of Puget Power, the predecessor of
      Puget Sound Energy.  He has been an independent Business Consultant
      for the past eleven years including more than two years performing evaluation
      of
      accounting and control systems for compliance with the Sarbanes-Oxley Act.
      Other
      experience includes creation of business plans, budgeting, financial
      forecasting, selection of accounting systems, and planning, structuring and
      due
      diligence procedures in connection with mergers and acquisition.  He
      has also managed start-up situations and served as a consultant with
      responsibility for SEC filings for small business enterprises.
To
      the extent
      that any information called for
in
      Item 404(a) of Regulation S-B
is unavailable, the Company will provide
      such information in an amendment to this Form 8-K within four (4) days from
      when
      this information becomes available.
Section
      9 - Financial Statements and
      Exhibits
Item
      9.01 Financial
      Statements and Exhibits
(d)
Exhibits.
(See
      Exhibit Index)
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.
Dated:  January
      22, 2008
BETTER
                BIODIESEL, INC.
By:
/s/
                Allen Perron
Allen
                Perron
Chief
                Financial Officer
EXHIBIT
      INDEX
Exhibit                 Description
Number
10.8                      Consulting
      Services Agreement with Cambridge Partners, LLC, dated January 18,
      2008
10.9                      Consulting
      Services Agreement with Joseph Martin, LLC, dated January 18, 2008
10.10
Consulting Services Agreement with Shropshire Capital Holdings, LLC, dated
        January 17, 2008
10.11                    Consulting
      Services Agreement with 18KT.TV, LLC, dated January 18, 2008
10.12                    Consulting
      Services Agreement with Barry Davis, dated January 18, 2008
10.13                    Consulting
      Services Agreement with 144Media, LLC, dated January 18, 2008
10.14
Consulting Services Agreement with Capital Group Communications, Inc., dated
        January 18, 2008
10.15                    Consulting
      Services Agreement with Focus Earth, Inc., dated January 18, 2008
10.16                    Employment
      Agreement with Allen Perron, dated January 18, 2007