UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
   Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

          Date of Report (Date of earliest reported): December 29, 2005

                          American United Global, Inc.
               (Exact name of registrant as specified in charter)

           Delaware                    000-19404                  95-4359228
(State or other jurisdiction         (Commission                (IRS Employer
      of incorporation)              File Number)            Identification No.)

                108 Village Square, # 327 Somers, New York 10589
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 425-869-7410

                                   Copies to:
                            Richard A. Friedman, Esq.
                            Stephen M. Fleming, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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 Instructions 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 1.01   Entry into a Material Definitive Agreement

Kraft Rt. Acquisition Agreement

On August 9, 2005,  American United Global Inc. (the  "Company")  entered into a
Share  Purchase  Agreement  (the  "Agreement")  with  Kraft  Rt.,  an  Hungarian
corporation, and the shareholders of Kraft Rt. (the "Sellers").  Pursuant to the
Agreement,  the Company has agreed to acquire  and,  the Sellers  have agreed to
sell,  100% of the  Seller's  interest  in Kraft  Rt. In  consideration  for the
Sellers'  interest in Kraft Rt., the Company shall issue the Sellers  24,000,000
shares of common stock of the Company (the "Shares").

Prior to closing,  all  closing  conditions  including,  but not limited to, the
satisfaction  of various  material  liabilities and on, or prior to, October 30,
2005 (the  "Financing  Deadline"),  the Company shall have closed a financing in
the minimum amount of $2,500,000.  On December 29, 2005, the Company,  Kraft Rt.
and the Sellers entered into Amendment No. 1 to the Agreement  pursuant to which
the Financing Deadline was extended to January 30, 2005.

Short Term Loan

On September  28,  2005,  the Company  loaned  $500,000 to Kraft Rt. The loan to
Kraft Rt. is evidenced  by a  promissory  note that was due on December 28, 2005
and has  interest in the amount of 10% per annum.  The loan is secured by shares
of Kraft Rt. pledged by Zoltan Kiss, a director of Kraft Rt. The shares of Kraft
Rt.  pledged by Mr. Kiss  represent 5% of the total  outstanding of Kraft Rt. On
December  29,  2005,  the  Company  agreed to extend  the  maturity  date of the
promissory note to January 30, 2005.

Item 9.01   Financial Statements and Exhibits

Exhibit No.       Description
-----------       -----------

10.1              Amendment No. 1 to the Share Purchase Agreement dated December
                  29, 2005

10.2              Letter Agreement by and between the Company and Kraft Rt.



                                   SIGNATURES

         Pursuant to the  requirements of the Securities  Exchange Act 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                   American United Global, Inc.


                                   By: /s/ Robert Rubin
                                   ------------------------------
                                   Name:  Robert Rubin
                                   Title: Chief Executive Officer

Date: December 29, 2005
      Somers, New York


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UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
   Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

          Date of Report (Date of earliest reported): December 29, 2005

                          American United Global, Inc.
               (Exact name of registrant as specified in charter)

           Delaware                    000-19404                  95-4359228
(State or other jurisdiction         (Commission                (IRS Employer
      of incorporation)              File Number)            Identification No.)

                108 Village Square, # 327 Somers, New York 10589
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 425-869-7410

                                   Copies to:
                            Richard A. Friedman, Esq.
                            Stephen M. Fleming, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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 Instructions 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 1.01   Entry into a Material Definitive Agreement

Kraft Rt. Acquisition Agreement

On August 9, 2005,  American United Global Inc. (the  "Company")  entered into a
Share  Purchase  Agreement  (the  "Agreement")  with  Kraft  Rt.,  an  Hungarian
corporation, and the shareholders of Kraft Rt. (the "Sellers").  Pursuant to the
Agreement,  the Company has agreed to acquire  and,  the Sellers  have agreed to
sell,  100% of the  Seller's  interest  in Kraft  Rt. In  consideration  for the
Sellers'  interest in Kraft Rt., the Company shall issue the Sellers  24,000,000
shares of common stock of the Company (the "Shares").

Prior to closing,  all  closing  conditions  including,  but not limited to, the
satisfaction  of various  material  liabilities and on, or prior to, October 30,
2005 (the  "Financing  Deadline"),  the Company shall have closed a financing in
the minimum amount of $2,500,000.  On December 29, 2005, the Company,  Kraft Rt.
and the Sellers entered into Amendment No. 1 to the Agreement  pursuant to which
the Financing Deadline was extended to January 30, 2005.

Short Term Loan

On September  28,  2005,  the Company  loaned  $500,000 to Kraft Rt. The loan to
Kraft Rt. is evidenced  by a  promissory  note that was due on December 28, 2005
and has  interest in the amount of 10% per annum.  The loan is secured by shares
of Kraft Rt. pledged by Zoltan Kiss, a director of Kraft Rt. The shares of Kraft
Rt.  pledged by Mr. Kiss  represent 5% of the total  outstanding of Kraft Rt. On
December  29,  2005,  the  Company  agreed to extend  the  maturity  date of the
promissory note to January 30, 2005.

Item 9.01   Financial Statements and Exhibits

Exhibit No.       Description
-----------       -----------

10.1              Amendment No. 1 to the Share Purchase Agreement dated December
                  29, 2005

10.2              Letter Agreement by and between the Company and Kraft Rt.

                                   SIGNATURES

         Pursuant to the  requirements of the Securities  Exchange Act 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                   American United Global, Inc.

                                   By: /s/ Robert Rubin
                                   ------------------------------
                                   Name:  Robert Rubin
                                   Title: Chief Executive Officer

Date: December 29, 2005
      Somers, New York

                                       2