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) March 1, 2005


                        UNITED FUEL & ENERGY CORPORATION
             (Exact name of registrant as specified in its charter)


           Nevada                     333-68008                  62-1772151
(State or other jurisdiction         (Commission               (IRS Employer
      of incorporation)              File Number)           Identification No.)


          405 N. Marienfeld, 3rd Floor                     79701
                 Midland, Texas
    (Address of principal executive offices)             (Zip Code)

         Registrant's telephone number, including area code (432) 571-8049

--------------------------------------------------------------------------------
         (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 (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>

      This Form 8-K and other reports filed by United Fuel & Energy Corporation
(the "Registrant" or the "Company") from time to time with the Securities and
Exchange Commission (collectively the "Filings") contain forward looking
statements and information that are based upon beliefs of, and information
currently available to, the Registrant's management as well as estimates and
assumptions made by the Registrant's management. When used in the Filings the
words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan"
or the negative if these terms and similar expressions as they relate to the
Registrant or the Registrant's management identify forward looking statements.
Such statements reflect the current view of the Registrant with respect to
future events and are subject to risks, uncertainties, assumptions and other
factors relating to the Registrant's industry, operations and results of
operations and any businesses that may be acquired by the Registrant. Should one
or more of these risks or uncertainties materialize, or should the underlying
assumptions prove incorrect, actual results may differ significantly from those
anticipated, believed, estimated, expected, intended or planned.

      Item 4.01 Changes in Registrant's Certifying Accountant

      The Registrant notified Beckstead & Watts LLP ("Beckstead") that it would
be replaced as the Registrant's auditors effective as of March 1, 2005. This
action has been approved by the Registrant's Board of Directors. Beckstead
served as the Registrant's independent auditors for the Registrant's fiscal
years ended December 31, 2004 and December 30, 2003 while the Registrant had
operated under the name "Brands Shopping Network, Inc." Beckstead's reports were
for periods prior to the Registrant's acquisition of United Fuel & Energy
Corporation, a Texas corporation. Beckstead's report on the Registrant's
consolidated financial statements for the registrant's fiscal years ended
December 31, 2004 and December 31, 2003 (the "Reports") did not contain an
adverse opinion or disclaimer of opinion and were not qualified or modified as
to uncertainty, audit scope or accounting principles except as follows: In
Beckstead's report dated January 28, 2005 and March 30, 2004 for financial
statements for Registrant's fiscal year ended December 31, 2004 and December 31,
2003, respectively, which was prior to the recent merger with United Fuel &
Energy Corporation, a Texas corporation, Beckstead indicated that: "The
accompanying financial statements have been prepared assuming the Company will
continue as a going concern. As discussed in Note 2 to the financial statements,
the Company has had limited operations and have not commenced planned principal
operations. This raises substantial doubt about its ability to continue as a
going concern. Management's plan in regard to these matters are also described
in Note 2. The financial statements do not include any adjustments that might
result from the outcome of this uncertainty."

      During the Registrant's former fiscal years ended December 31, 2004 and
December 31, 2003 and until Beckstead's termination, there were no disagreements
with Beckstead within the meaning of item 304 of regulation S-B or any matter of
accounting principles or practices, financial disclosure, or auditing scope or
procedure, which disagreements if not resolved to Beckstead`s satisfaction,
would have caused Beckstead to make reference to the subject matter of the
disagreements in connection with its reports.

      During the Registrant's former fiscal years ended December 31, 2004 and
December 31, 2003, until Beckstead's termination, there were no "reportable
events" (as such term is defined in item 304(a)(1)(v) of regulation S-K).

      The Registrant has requested Beckstead to review the disclosure contained
herein and has asked Beckstead to furnish the Registrant with a letter addressed
to the Commission containing any new information, clarification of the
Registrant's expression of Beckstead's views, or the respects in which Beckstead
does not agree with the statements contained herein. A copy of Beckstead's
letter will be filed as an Exhibit to this Current Report on Form 8-K by
amendment.

      On May 2, 2005, the Registrant engaged Johnson, Miller & Co. as the
Registrant's independent accountants to audit the consolidated balance sheet of
United Fuel & Energy Corporation, a Nevada corporation, as of December 31, 2005
and the related consolidated statements of income, stockholders' equity and cash
flows for the year then ended. The Board of Directors, in lieu of an audit
committee which the Board has yet to form, has approved the appointment of
Johnson, Miller & Co. as its outside independent accounting firm. During the
Registrant's two most recent fiscal years and any subsequent interim period
prior to the engagement of Johnson, Miller & Co., neither the Registrant nor
anyone on the Registrant's behalf consulted with Johnson, Miller & Co.,
regarding either (i) the application of accounting principles to a specified
transaction, either contemplated or proposed, or the type of audit opinion that
might be rendered on the Registrant's financial statements or (ii) any matter
that was either the subject of a "disagreement" or a "reportable event."


<PAGE>

Item 9.01 Financial Statements and Exhibits

      (a) Financial Statements of Businesses Acquired.

      Not applicable.

      (b) Pro Forma Financial Information

      Not applicable

      (c) Exhibits.


      Exh. No.         Description

      16.1             Letter from Beckstead & Watts LLP


<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.

                                          UNITED FUEL & ENERGY CORPORATION
                                                    (Registrant)

Date: May 16, 2005                        /s/ Bobby W. Page
                                          --------------------------------------
                                          Bobby W. Page, Chief Financial Officer
{"company-data": {"conformed-name": "UNITED FUEL & ENERGY CORP", "cik": "0001137031", "assigned-sic": "5960", "irs-number": "912037688", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-32473", "film-number": "05835621"}, "business-address": {"street1": "405 N. MARIENFELD", "city": "MIDLAND", "state": "TX", "zip": "79701", "phone": "432-571-8049"}, "mail-address": {"street1": "405 N. MARIENFELD", "city": "MIDLAND", "state": "TX", "zip": "79701"}, "former-company": [{"former-conformed-name": "BRANDS SHOPPING NETWORK INC", "date-changed": "20020201"}, {"former-conformed-name": "BRANDS SHOPPING NETWORK  INC", "date-changed": "20020201"}, {"former-conformed-name": "USA DEALERS AUCTION COM INC", "date-changed": "20010321"}]}
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) March 1, 2005

                        UNITED FUEL & ENERGY CORPORATION
             (Exact name of registrant as specified in its charter)

           Nevada                     333-68008                  62-1772151
(State or other jurisdiction         (Commission               (IRS Employer
      of incorporation)              File Number)           Identification No.)

          405 N. Marienfeld, 3rd Floor                     79701
                 Midland, Texas
    (Address of principal executive offices)             (Zip Code)

         Registrant's telephone number, including area code (432) 571-8049

--------------------------------------------------------------------------------
         (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 (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))
This Form 8-K and other reports filed by United Fuel & Energy Corporation
(the "Registrant" or the "Company") from time to time with the Securities and
Exchange Commission (collectively the "Filings") contain forward looking
statements and information that are based upon beliefs of, and information
currently available to, the Registrant's management as well as estimates and
assumptions made by the Registrant's management. When used in the Filings the
words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan"
or the negative if these terms and similar expressions as they relate to the
Registrant or the Registrant's management identify forward looking statements.
Such statements reflect the current view of the Registrant with respect to
future events and are subject to risks, uncertainties, assumptions and other
factors relating to the Registrant's industry, operations and results of
operations and any businesses that may be acquired by the Registrant. Should one
or more of these risks or uncertainties materialize, or should the underlying
assumptions prove incorrect, actual results may differ significantly from those
anticipated, believed, estimated, expected, intended or planned.

      Item 4.01 Changes in Registrant's Certifying Accountant

      The Registrant notified Beckstead & Watts LLP ("Beckstead") that it would
be replaced as the Registrant's auditors effective as of March 1, 2005. This
action has been approved by the Registrant's Board of Directors. Beckstead
served as the Registrant's independent auditors for the Registrant's fiscal
years ended December 31, 2004 and December 30, 2003 while the Registrant had
operated under the name "Brands Shopping Network, Inc." Beckstead's reports were
for periods prior to the Registrant's acquisition of United Fuel & Energy
Corporation, a Texas corporation. Beckstead's report on the Registrant's
consolidated financial statements for the registrant's fiscal years ended
December 31, 2004 and December 31, 2003 (the "Reports") did not contain an
adverse opinion or disclaimer of opinion and were not qualified or modified as
to uncertainty, audit scope or accounting principles except as follows: In
Beckstead's report dated January 28, 2005 and March 30, 2004 for financial
statements for Registrant's fiscal year ended December 31, 2004 and December 31,
2003, respectively, which was prior to the recent merger with United Fuel &
Energy Corporation, a Texas corporation, Beckstead indicated that: "The
accompanying financial statements have been prepared assuming the Company will
continue as a going concern. As discussed in Note 2 to the financial statements,
the Company has had limited operations and have not commenced planned principal
operations. This raises substantial doubt about its ability to continue as a
going concern. Management's plan in regard to these matters are also described
in Note 2. The financial statements do not include any adjustments that might
result from the outcome of this uncertainty."

      During the Registrant's former fiscal years ended December 31, 2004 and
December 31, 2003 and until Beckstead's termination, there were no disagreements
with Beckstead within the meaning of item 304 of regulation S-B or any matter of
accounting principles or practices, financial disclosure, or auditing scope or
procedure, which disagreements if not resolved to Beckstead`s satisfaction,
would have caused Beckstead to make reference to the subject matter of the
disagreements in connection with its reports.

      During the Registrant's former fiscal years ended December 31, 2004 and
December 31, 2003, until Beckstead's termination, there were no "reportable
events" (as such term is defined in item 304(a)(1)(v) of regulation S-K).

      The Registrant has requested Beckstead to review the disclosure contained
herein and has asked Beckstead to furnish the Registrant with a letter addressed
to the Commission containing any new information, clarification of the
Registrant's expression of Beckstead's views, or the respects in which Beckstead
does not agree with the statements contained herein. A copy of Beckstead's
letter will be filed as an Exhibit to this Current Report on Form 8-K by
amendment.

      On May 2, 2005, the Registrant engaged Johnson, Miller & Co. as the
Registrant's independent accountants to audit the consolidated balance sheet of
United Fuel & Energy Corporation, a Nevada corporation, as of December 31, 2005
and the related consolidated statements of income, stockholders' equity and cash
flows for the year then ended. The Board of Directors, in lieu of an audit
committee which the Board has yet to form, has approved the appointment of
Johnson, Miller & Co. as its outside independent accounting firm. During the
Registrant's two most recent fiscal years and any subsequent interim period
prior to the engagement of Johnson, Miller & Co., neither the Registrant nor
anyone on the Registrant's behalf consulted with Johnson, Miller & Co.,
regarding either (i) the application of accounting principles to a specified
transaction, either contemplated or proposed, or the type of audit opinion that
might be rendered on the Registrant's financial statements or (ii) any matter
that was either the subject of a "disagreement" or a "reportable event."
Item 9.01 Financial Statements and Exhibits

      (a) Financial Statements of Businesses Acquired.

      Not applicable.

      (b) Pro Forma Financial Information

      Not applicable

      (c) Exhibits.

      Exh. No.         Description

      16.1             Letter from Beckstead & Watts LLP
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.

                                          UNITED FUEL & ENERGY CORPORATION
                                                    (Registrant)

Date: May 16, 2005                        /s/ Bobby W. Page
                                          --------------------------------------
                                          Bobby W. Page, Chief Financial Officer