UNITED STATES
                       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

        Date of Report (Date of earliest event reported): June 29, 2005

                             IBHAS TECHNOLOGIES INC

             (Exact name of registrant as specified in its charter)


            Nevada                       000-50329               98-0370398
 -------------------------------    ----------------------     --------------
 (State or other jurisdiction of   (Commission File Number)   (I.R.S. Employer
 incorporation or organization)                              Identification No.)


                              3061 WEST 15TH AVENUE
                              VANCOUVER A1 V6K 3A5
              (Address of principal executive offices and Zip Code)

                                 (604) 691-1754
               Registrant's telephone number, including area code

                                   Copies to:
                             Gregory Sichenzia, Esq.
                                Sanny J. Barkats
                       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 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 5.01 Changes in Control of Registrant
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
          Appointment of Principal Officers.

      On June  29,  2005,  an  investment  group  (the  "Group")  completed  the
acquisition of an aggregate of 2,100,000 shares of the outstanding  common stock
(the "Shares") of IBHAS TECHNOLOGIES  INC., a Nevada corporation  ("IBHAS") from
Benjamin West,  Mohanad Shurrab and Abdellatif  Anabtawi (the  "Sellers").  Such
Shares represent approximately 76.6% of the issued and outstanding shares of the
common stock of IBHAS. The acquisition was completed  pursuant to the terms of a
Stock Purchase  Agreement  dated June 29, 2005, by and between the Group and the
Sellers.  The aggregate  purchase price paid by the Group to the Sellers for the
Shares was $150,000.

      In  connection  with the sale of  IBHAS'  common  stock,  Mohanad  Shurrab
resigned as a member of the board of  directors  on June 29,  2005 and  Benjamin
West  resigned  from  his  positions  as  Chief  Executive  Officer,  President,
Secretary  and Treasurer of IBHAS and intends to resign as a member of the board
of directors. Subsequent to the foregoing resignations, Jacob Eluz was appointed
as a member  of the  board of  directors  of IBHAS  and as the  Chief  Executive
Officer, President, Secretary and Treasurer.

      From 2003 to 2005 Mr. Eluz  worked as an  independent  sub-contractor  for
several companies  including among others Broadlight Inc., CivCom Inc.,  PolyCom
Inc,  GoNetwork  Inc., and Logtel Ltd.  During this period he specialized in the
design of the 10Gbps high-speed optical communications.  From 2000-2003 Mr. Eluz
worked as a manager for Xlight Photonics Inc.,  overseeing the optical core of a
Tera-bit  optical  network router.  Prior to Joining Xlight  Photonics Inc., Mr.
Eluz worked for the  Jerusalem  Design  Center Intel Corp,  previously  owned by
Digital Equipment Corp.,  specializing in high-speed system design for Giga-bits
Ethernet home networking cable modem projects.  Jacob Eluz received his Bachelor
of Science in 1985 in Electrical Engineering at Ben-Gurion University.  Mr. Eluz
obtained a Master in  Business  Administration  in Finance in 2005 at the Hebrew
University in Jerusalem.

Item 9.01         Financial Statements and Exhibits

Exhibit No.       Description

10.1              Stock Purchase  Agreement dated June 29, 2005 by and among the
                  investment  group and,  Benjamin  West,  Mohanad  Shurrab  and
                  Abdellatif Anabtawi.

<PAGE>

                                   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.

                                           IBHAS TECHNOLOGIES INC


Date: July 6, 2005                         By: /s/Jacob Eluz
                                           -----------------------------------
                                           Jacob Eluz
                                           Chief Executive Officer,
                                           President, Secretary and Treasurer
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UNITED STATES
                       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

        Date of Report (Date of earliest event reported): June 29, 2005

                             IBHAS TECHNOLOGIES INC

             (Exact name of registrant as specified in its charter)

            Nevada                       000-50329               98-0370398
 -------------------------------    ----------------------     --------------
 (State or other jurisdiction of   (Commission File Number)   (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                              3061 WEST 15TH AVENUE
                              VANCOUVER A1 V6K 3A5
              (Address of principal executive offices and Zip Code)

                                 (604) 691-1754
               Registrant's telephone number, including area code

                                   Copies to:
                             Gregory Sichenzia, Esq.
                                Sanny J. Barkats
                       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 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 5.01 Changes in Control of Registrant
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
          Appointment of Principal Officers.

      On June  29,  2005,  an  investment  group  (the  "Group")  completed  the
acquisition of an aggregate of 2,100,000 shares of the outstanding  common stock
(the "Shares") of IBHAS TECHNOLOGIES  INC., a Nevada corporation  ("IBHAS") from
Benjamin West,  Mohanad Shurrab and Abdellatif  Anabtawi (the  "Sellers").  Such
Shares represent approximately 76.6% of the issued and outstanding shares of the
common stock of IBHAS. The acquisition was completed  pursuant to the terms of a
Stock Purchase  Agreement  dated June 29, 2005, by and between the Group and the
Sellers.  The aggregate  purchase price paid by the Group to the Sellers for the
Shares was $150,000.

      In  connection  with the sale of  IBHAS'  common  stock,  Mohanad  Shurrab
resigned as a member of the board of  directors  on June 29,  2005 and  Benjamin
West  resigned  from  his  positions  as  Chief  Executive  Officer,  President,
Secretary  and Treasurer of IBHAS and intends to resign as a member of the board
of directors. Subsequent to the foregoing resignations, Jacob Eluz was appointed
as a member  of the  board of  directors  of IBHAS  and as the  Chief  Executive
Officer, President, Secretary and Treasurer.

      From 2003 to 2005 Mr. Eluz  worked as an  independent  sub-contractor  for
several companies  including among others Broadlight Inc., CivCom Inc.,  PolyCom
Inc,  GoNetwork  Inc., and Logtel Ltd.  During this period he specialized in the
design of the 10Gbps high-speed optical communications.  From 2000-2003 Mr. Eluz
worked as a manager for Xlight Photonics Inc.,  overseeing the optical core of a
Tera-bit  optical  network router.  Prior to Joining Xlight  Photonics Inc., Mr.
Eluz worked for the  Jerusalem  Design  Center Intel Corp,  previously  owned by
Digital Equipment Corp.,  specializing in high-speed system design for Giga-bits
Ethernet home networking cable modem projects.  Jacob Eluz received his Bachelor
of Science in 1985 in Electrical Engineering at Ben-Gurion University.  Mr. Eluz
obtained a Master in  Business  Administration  in Finance in 2005 at the Hebrew
University in Jerusalem.

Item 9.01         Financial Statements and Exhibits

Exhibit No.       Description

10.1              Stock Purchase  Agreement dated June 29, 2005 by and among the
                  investment  group and,  Benjamin  West,  Mohanad  Shurrab  and
                  Abdellatif Anabtawi.
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.

                                           IBHAS TECHNOLOGIES INC

Date: July 6, 2005                         By: /s/Jacob Eluz
                                           -----------------------------------
                                           Jacob Eluz
                                           Chief Executive Officer,
                                           President, Secretary and Treasurer