================================================================================

                                  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) January 13, 2006


                             360 GLOBAL WINE COMPANY
             (Exact name of registrant as specified in its charter)


          Nevada                        0-50092                 98-0231440
(State or other jurisdiction          (Commission             (IRS Employer
     of incorporation)                File Number)          Identification No.)


                 One Kirkland Ranch Road, Napa, California 94558
--------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (707) 254-9100


--------------------------------------------------------------------------------
          (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.
ITEM 3.02  UNREGISTERED SALES OF EQUITY SECURITIES.

         On January 13, 2006, 360 Global Wine Company, a Nevada corporation (the
"Company"),  entered into a Stock Purchase Agreement (the "BMAC Agreement") with
BMAC Corp., a Nevada  corporation  ("BMAC"),  and the  stockholders of BMAC (the
"Sellers")  whereby the Company is purchasing all of the  outstanding  shares of
common stock of BMAC and thereby acquire BMAC as a wholly owned  subsidiary (the
"BMAC Acquisition").  At the closing of the BMAC Acquisition,  which is expected
to occur no later than April 15, 2006, BMAC will be the record holder of 837,643
shares  of  common  stock  of  First  Montauk  Financial  Corp.,  a  New  Jersey
corporation ("FMFC"). As consideration, the Company agreed to pay the Sellers an
aggregate  purchase  price of  $1,465,875.25  payable in shares of the Company's
common stock,  as  determined  by dividing  such  purchase  price by the average
closing sale price per share of the Company's  common stock  reported on the OTC
Bulletin  Board for the 60 trading days prior to the closing  date. In the event
that such  average  trading  price is below $3.50 per share,  after  taking into
effect  the  Company's   1-for-150  reverse  stock  split  as  proposed  in  its
Preliminary  Information  Statement  on Schedule 14C filed on December 28, 2005,
then the per-share price in the denominator of such  calculation  shall be $3.50
rather than 60-day average sale price.  The purchase price is based on $1.75 for
each share of the 837,643  shares of FMFC common stock that BMAC will own at the
closing.  A copy of the  BMAC  Agreement  is  attached  as  Exhibit  10.1 and is
incorporated herein by reference.

         On January 13, 2006, in a separate series of transactions,  the Company
entered into separate  agreements  (the "Non-BMAC  Agreements")  with each of 10
stockholders of FMFC (the "FMFC Stockholders") whereby the Company is purchasing
all of the outstanding  shares of FMFC common stock that such  stockholders  own
(the "Non-BMAC  Acquisitions").  The Non-BMAC Acquisitions are expected to close
on the same date as the closing of the BMAC  Acquisition.  As consideration  for
the  aggregate  2,148,545  shares  of FMFC  common  stock  that the  Company  is
purchasing  from the  FMFC  Stockholders,  the  Company  agreed  to pay the FMFC
Stockholders  an aggregate of  $3,759,953.75  payable in shares of the Company's
common stock,  as  determined  by dividing  such  purchase  price by the average
closing sale price per share of the Company's  common stock  reported on the OTC
Bulletin  Board for the 60 trading days prior to the closing  date. In the event
that such  average  trading  price is below $3.50 per share,  after  taking into
effect  the  Company's   1-for-150  reverse  stock  split  as  proposed  in  its
Preliminary  Information  Statement  on Schedule 14C filed on December 28, 2005,
then the per-share price in the denominator of such  calculation  shall be $3.50
rather than 60-day average sale price.  The purchase price is based on $1.75 for
each share of FMFC  common  stock that the Company is  purchasing  from the FMFC
Stockholders.  A  copy  of  the  form  of  the  Non-BMAC  Agreements,  which  is
substantially  identical to the each of the executed Non-BMAC  Agreements except
for the actual  number of shares and the total  purchase  price,  is attached as
Exhibit 10.2 and is incorporated herein by reference.

         At the closing of the BMAC  Acquisition and the Non-BMAC  Acquisitions,
the Company will be the beneficial  owner of an aggregate of 2,986,188 shares of
FMFC common stock, which shares currently  represent  approximately 18.7% of the
total  outstanding  shares of FMFC common stock based on FMFC's Quarterly Report
on Form 10-Q filed on November 14, 2005. A copy of the press  release  issued by
the Company  announcing  these  transactions  is attached as Exhibit 99.1 and is
incorporated herein by reference.

         The Company is relying on the exemption from federal registration under
Section 4(2) of the Securities Act of 1933, as amended (the  "Securities  Act"),
and Rule 506  promulgated  thereunder,  based on its belief that the issuance of
such securities did not involve a public  offering,  as there were fewer than 35
"non-accredited"  investors.  Pursuant  to each of the  BMAC  Agreement  and the
Non-BMAC Agreements,  the Company is obligated to file a registration  statement
with  respect to the resale of the shares of the  Company's  common stock issued
pursuant  to such  agreements  within  10  business  days of the  date  that the
Company's  Registration Statement on Form SB-2 (file no. 333-127239) is declared
effective.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

Exhibit       Description of Exhibit
-------       ----------------------
10.1          Stock Purchase Agreement by and among 360 Global Wine Company,
              BMAC Corp., and the stockholders of BMAC Corp. dated January 13,
              2006.

10.2          Form of Stock Purchase Agreement by and between 360 Global Wine
              Company and each of certain stockholders of First Montauk
              Financial Corp., which executed agreements are dated January 13,
              2006.

99.1          360 Global Wine Company press release dated January 19, 2006.

<PAGE>

                                    SIGNATURE


         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.


Date: January 19, 2006                            360 GLOBAL WINE COMPANY


                                                  By: /s/ Joel Shapiro
                                                     --------------------------
                                                     Joel Shapiro
                                                     Chief Executive Officer

<PAGE>

                                  Exhibit Index

Exhibit       Description of Exhibit
-------       ----------------------
10.1          Stock Purchase Agreement by and among 360 Global Wine Company,
              BMAC Corp., and the stockholders of BMAC Corp. dated January 13,
              2006.

10.2          Form of Stock Purchase Agreement by and between 360 Global Wine
              Company and each of certain stockholders of First Montauk
              Financial Corp., which executed agreements are dated January 13,
              2006.

99.1          360 Global Wine Company press release dated January 19, 2006.
{"company-data": {"conformed-name": "360 GLOBAL WINE CO", "cik": "0001124019", "assigned-sic": "2080", "irs-number": "980231440", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50092", "film-number": "06538744"}, "business-address": {"street1": "ONE KIRKLAND RANCH ROAD", "street2": "NONE", "city": "NAPA", "state": "CA", "zip": "94558", "phone": "7072549100"}, "mail-address": {"street1": "ONE KIRKLAND RANCH ROAD", "street2": "NONE", "city": "NAPA", "state": "CA", "zip": "94558"}, "former-company": [{"former-conformed-name": "KNIGHTSBRIDGE FINE WINES INC", "date-changed": "20031017"}, {"former-conformed-name": "TECH NET COMMUNICATIONS INC", "date-changed": "20000918"}]}
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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 Exchange Act of 1934

        Date of Report (Date of earliest event reported) January 13, 2006

                             360 GLOBAL WINE COMPANY
             (Exact name of registrant as specified in its charter)

          Nevada                        0-50092                 98-0231440
(State or other jurisdiction          (Commission             (IRS Employer
     of incorporation)                File Number)          Identification No.)

                 One Kirkland Ranch Road, Napa, California 94558
--------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (707) 254-9100

--------------------------------------------------------------------------------
          (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.
ITEM 3.02  UNREGISTERED SALES OF EQUITY SECURITIES.

         On January 13, 2006, 360 Global Wine Company, a Nevada corporation (the
"Company"),  entered into a Stock Purchase Agreement (the "BMAC Agreement") with
BMAC Corp., a Nevada  corporation  ("BMAC"),  and the  stockholders of BMAC (the
"Sellers")  whereby the Company is purchasing all of the  outstanding  shares of
common stock of BMAC and thereby acquire BMAC as a wholly owned  subsidiary (the
"BMAC Acquisition").  At the closing of the BMAC Acquisition,  which is expected
to occur no later than April 15, 2006, BMAC will be the record holder of 837,643
shares  of  common  stock  of  First  Montauk  Financial  Corp.,  a  New  Jersey
corporation ("FMFC"). As consideration, the Company agreed to pay the Sellers an
aggregate  purchase  price of  $1,465,875.25  payable in shares of the Company's
common stock,  as  determined  by dividing  such  purchase  price by the average
closing sale price per share of the Company's  common stock  reported on the OTC
Bulletin  Board for the 60 trading days prior to the closing  date. In the event
that such  average  trading  price is below $3.50 per share,  after  taking into
effect  the  Company's   1-for-150  reverse  stock  split  as  proposed  in  its
Preliminary  Information  Statement  on Schedule 14C filed on December 28, 2005,
then the per-share price in the denominator of such  calculation  shall be $3.50
rather than 60-day average sale price.  The purchase price is based on $1.75 for
each share of the 837,643  shares of FMFC common stock that BMAC will own at the
closing.  A copy of the  BMAC  Agreement  is  attached  as  Exhibit  10.1 and is
incorporated herein by reference.

         On January 13, 2006, in a separate series of transactions,  the Company
entered into separate  agreements  (the "Non-BMAC  Agreements")  with each of 10
stockholders of FMFC (the "FMFC Stockholders") whereby the Company is purchasing
all of the outstanding  shares of FMFC common stock that such  stockholders  own
(the "Non-BMAC  Acquisitions").  The Non-BMAC Acquisitions are expected to close
on the same date as the closing of the BMAC  Acquisition.  As consideration  for
the  aggregate  2,148,545  shares  of FMFC  common  stock  that the  Company  is
purchasing  from the  FMFC  Stockholders,  the  Company  agreed  to pay the FMFC
Stockholders  an aggregate of  $3,759,953.75  payable in shares of the Company's
common stock,  as  determined  by dividing  such  purchase  price by the average
closing sale price per share of the Company's  common stock  reported on the OTC
Bulletin  Board for the 60 trading days prior to the closing  date. In the event
that such  average  trading  price is below $3.50 per share,  after  taking into
effect  the  Company's   1-for-150  reverse  stock  split  as  proposed  in  its
Preliminary  Information  Statement  on Schedule 14C filed on December 28, 2005,
then the per-share price in the denominator of such  calculation  shall be $3.50
rather than 60-day average sale price.  The purchase price is based on $1.75 for
each share of FMFC  common  stock that the Company is  purchasing  from the FMFC
Stockholders.  A  copy  of  the  form  of  the  Non-BMAC  Agreements,  which  is
substantially  identical to the each of the executed Non-BMAC  Agreements except
for the actual  number of shares and the total  purchase  price,  is attached as
Exhibit 10.2 and is incorporated herein by reference.

         At the closing of the BMAC  Acquisition and the Non-BMAC  Acquisitions,
the Company will be the beneficial  owner of an aggregate of 2,986,188 shares of
FMFC common stock, which shares currently  represent  approximately 18.7% of the
total  outstanding  shares of FMFC common stock based on FMFC's Quarterly Report
on Form 10-Q filed on November 14, 2005. A copy of the press  release  issued by
the Company  announcing  these  transactions  is attached as Exhibit 99.1 and is
incorporated herein by reference.

         The Company is relying on the exemption from federal registration under
Section 4(2) of the Securities Act of 1933, as amended (the  "Securities  Act"),
and Rule 506  promulgated  thereunder,  based on its belief that the issuance of
such securities did not involve a public  offering,  as there were fewer than 35
"non-accredited"  investors.  Pursuant  to each of the  BMAC  Agreement  and the
Non-BMAC Agreements,  the Company is obligated to file a registration  statement
with  respect to the resale of the shares of the  Company's  common stock issued
pursuant  to such  agreements  within  10  business  days of the  date  that the
Company's  Registration Statement on Form SB-2 (file no. 333-127239) is declared
effective.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

Exhibit       Description of Exhibit
-------       ----------------------
10.1          Stock Purchase Agreement by and among 360 Global Wine Company,
              BMAC Corp., and the stockholders of BMAC Corp. dated January 13,
              2006.

10.2          Form of Stock Purchase Agreement by and between 360 Global Wine
              Company and each of certain stockholders of First Montauk
              Financial Corp., which executed agreements are dated January 13,
              2006.

99.1          360 Global Wine Company press release dated January 19, 2006.
SIGNATURE

         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.

Date: January 19, 2006                            360 GLOBAL WINE COMPANY

                                                  By: /s/ Joel Shapiro
                                                     --------------------------
                                                     Joel Shapiro
                                                     Chief Executive Officer
Exhibit Index

Exhibit       Description of Exhibit
-------       ----------------------
10.1          Stock Purchase Agreement by and among 360 Global Wine Company,
              BMAC Corp., and the stockholders of BMAC Corp. dated January 13,
              2006.

10.2          Form of Stock Purchase Agreement by and between 360 Global Wine
              Company and each of certain stockholders of First Montauk
              Financial Corp., which executed agreements are dated January 13,
              2006.

99.1          360 Global Wine Company press release dated January 19, 2006.