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

                                NOVEMBER 11, 2005

                              EMERGE CAPITAL CORP.
               --------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


          DELAWARE                      02-28606                 22-3387630
----------------------------          ------------           -------------------
(State or other jurisdiction           (Commission              (IRS Employer
      of incorporation)               File Number)           Identification No.)


    109 NORTH POST OAK LANE, SUITE 422, HOUSTON, TEXAS                77024
    --------------------------------------------------              ----------
         (Address of principal executive offices)                   (Zip code)

    Registrant's telephone number, including area code:          (713) 621-2737
                                                                 --------------

                                 NOT APPLICABLE
          -------------------------------------------------------------
          (Former Name or Former Address, If Changed Since Last Report)


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:

|_|   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.

      On November 11, 2005, Corporate Strategies, Inc. ("CSI"), the wholly-owned
and primary  operating  subsidiary of Emerge  Capital Corp.  (formerly  known as
NuWave  Technologies,  Inc.),  entered  into a  stock  purchase  agreement  (the
"Agreement")  pursuant to which CSI purchased from Mr. Robert P. Farrell and Mr.
Joseph  W.   Donohue,   Jr.,   each  a  shareholder   (and   collectively,   the
"Shareholders") of Sagamore Holdings,  Inc.  ("Sagamore"),  and the Shareholders
sold to CSI, in the aggregate, seventy million six hundred thousand (70,600,000)
shares of common stock,  par value $0.001 per share ("Common Stock") of Sagamore
in  exchange  for  One  Hundred  Dollars  ($100).  Prior  to the  purchase,  the
Shareholders owned eighty-eight million two hundred fifty thousand  (88,250,000)
shares of  Common  Stock  and upon  execution  of the  Agreement,  CSI  acquired
approximately  seventy percent (70%) of the total outstanding Common Stock as of
the date of the Agreement.


ITEM 9.01. FINANCIAL STATEMENTS ANDEXHIBITS

      (a)   Not applicable.

      (b)   Not applicable.

      (c)   Exhibit No. Description:


EXHIBIT   DESCRIPTION                                          LOCATION
-------   --------------------------------------------------   -----------------
10.1      Stock Purchase Agreement, dated November 11, 2005,   Provided herewith
          by  and  among  Corporate  Strategies,  Inc.,  Mr.
          Robert P. Farrell and Mr. Joseph W. Donohue, Jr.


                                       2

<PAGE>

                                   SIGNATURES

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

Date: January 30, 2006                   EMERGE CAPITAL CORP.


                                         By:    /s/ Timothy J. Connolly
                                                --------------------------------
                                         Name:  Timothy J. Connolly
                                         Title: Chief Executive Officer


                                       3
{"company-data": {"conformed-name": "Emerge Capital Corp", "cik": "0001009802", "assigned-sic": "6500", "irs-number": "223387630", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28606", "film-number": "06561806"}, "business-address": {"street1": "109 N. POST OAK LANE", "street2": "SUITE 422", "city": "HOUSTON", "state": "TX", "zip": "77024", "phone": "(713) 621-2737"}, "mail-address": {"street1": "109 N. POST OAK LANE", "street2": "SUITE 422", "city": "HOUSTON", "state": "TX", "zip": "77024"}, "former-company": {"former-conformed-name": "NUWAVE TECHNOLOGIES INC", "date-changed": "19960403"}}
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

                                NOVEMBER 11, 2005

                              EMERGE CAPITAL CORP.
               --------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

          DELAWARE                      02-28606                 22-3387630
----------------------------          ------------           -------------------
(State or other jurisdiction           (Commission              (IRS Employer
      of incorporation)               File Number)           Identification No.)

    109 NORTH POST OAK LANE, SUITE 422, HOUSTON, TEXAS                77024
    --------------------------------------------------              ----------
         (Address of principal executive offices)                   (Zip code)

    Registrant's telephone number, including area code:          (713) 621-2737
                                                                 --------------

                                 NOT APPLICABLE
          -------------------------------------------------------------
          (Former Name or Former Address, If Changed Since Last Report)

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:

|_|   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.

      On November 11, 2005, Corporate Strategies, Inc. ("CSI"), the wholly-owned
and primary  operating  subsidiary of Emerge  Capital Corp.  (formerly  known as
NuWave  Technologies,  Inc.),  entered  into a  stock  purchase  agreement  (the
"Agreement")  pursuant to which CSI purchased from Mr. Robert P. Farrell and Mr.
Joseph  W.   Donohue,   Jr.,   each  a  shareholder   (and   collectively,   the
"Shareholders") of Sagamore Holdings,  Inc.  ("Sagamore"),  and the Shareholders
sold to CSI, in the aggregate, seventy million six hundred thousand (70,600,000)
shares of common stock,  par value $0.001 per share ("Common Stock") of Sagamore
in  exchange  for  One  Hundred  Dollars  ($100).  Prior  to the  purchase,  the
Shareholders owned eighty-eight million two hundred fifty thousand  (88,250,000)
shares of  Common  Stock  and upon  execution  of the  Agreement,  CSI  acquired
approximately  seventy percent (70%) of the total outstanding Common Stock as of
the date of the Agreement.

ITEM 9.01. FINANCIAL STATEMENTS ANDEXHIBITS

      (a)   Not applicable.

      (b)   Not applicable.

      (c)   Exhibit No. Description:

EXHIBIT   DESCRIPTION                                          LOCATION
-------   --------------------------------------------------   -----------------
10.1      Stock Purchase Agreement, dated November 11, 2005,   Provided herewith
          by  and  among  Corporate  Strategies,  Inc.,  Mr.
          Robert P. Farrell and Mr. Joseph W. Donohue, Jr.

                                       2
SIGNATURES

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

Date: January 30, 2006                   EMERGE CAPITAL CORP.

                                         By:    /s/ Timothy J. Connolly
                                                --------------------------------
                                         Name:  Timothy J. Connolly
                                         Title: Chief Executive Officer

                                       3