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)

                                 April 25, 2005

                          ----------------------------

                                 QORUS.COM, INC.
               (Exact name of registrant as specified in charter)


                                     Florida
         (State or other Jurisdiction of Incorporation or Organization)


       0-27551                                           65-0358792
(Commission File Number)                       (IRS Employer Identification No.)

                       936A Beachland Boulevard, Suite 13
                              Vero Beach, FL 32963
                         (Address of Principal Executive
                              Offices and zip code)

                                 (772) 231-7544
                             (Registrant's telephone
                          number, including area code)

                                       N/A
          (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 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(b) under the Exchange Act (17
CFR 240.14a-12(b))

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))


<PAGE>

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

      Information included in this Form 8-K may contain forward-looking
statements within the meaning of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
This information may involve known and unknown risks, uncertainties and other
factors which may cause the Company's actual results, performance or
achievements to be materially different from future results, performance or
achievements expressed or implied by any forward-looking statements.
Forward-looking statements, which involve assumptions and describe the Company's
future plans, strategies and expectations, are generally identifiable by use of
the words "may," "will," "should," "expect," "anticipate," "estimate,"
"believe," "intend" or "project" or the negative of these words or other
variations on these words or comparable terminology. These forward-looking
statements are based on assumptions that may be incorrect, and there can be no
assurance that these projections included in these forward-looking statements
will come to pass. The Company's actual results could differ materially from
those expressed or implied by the forward-looking statements as a result of
various factors. Except as required by applicable laws, the Company undertakes
no obligation to update publicly any forward-looking statements for any reason,
even if new information becomes available or other events occur in the future.

Item 8.01 Other Events

      On April 25, 2005, Qorus.com, Inc. (the "Company"), a Florida corporation,
entered into a Letter of Intent to acquire Private Brands, Inc., a California
corporation ("Private Brands") from Tarrant Apparel Group, a California
corporation ("Tarrant"). Private Brands is a wholly-owned subsidiary of Tarrant.
Tarrant is a publicly traded company quoted on the NASDAQ National Market under
the symbol TAGS.

      Private Brands is a Los Angeles, California based apparel company focused
on acquiring or exclusively licensing rights to brand names. Private Brands
designs, markets and sells branded apparel products to large format and
specialty retailers. Private Brands has developed a portfolio of brands
specialized in casual and well-priced apparel for women, men and children.

      Under the transactions contemplated under the Letter of Intent, the
Company will acquire all of the outstanding capital stock in Private Brands. In
the exchange, the Company will issue shares of its convertible preferred stocks
("Preferred Shares") to Tarrant in such amount so that, immediately after giving
effect to the acquisition, Tarrant will own in the aggregate 97% of the
Company's issued and outstanding shares of common stock on a fully diluted and
as-converted basis. At the close of the transaction, it is contemplated that a
new board of directors will be designated by Tarrant. The current stockholders
of the Company are expected to own 3% of the issued and outstanding common stock
after completion of the exchange transaction on a fully diluted and as-converted
basis.

      The closing of the exchange transaction would be subject to Private
Brands' ability to obtain additional financing. The effect of any such financing
would dilute the percentage ownership in the Company of both TAG and the current
stockholders of the Company. Accordingly, if the proposed transaction is
completed, the current stockholders of the Company would own less than 3% of the
issued and outstanding securities of the Company following the proposed
transaction.


<PAGE>

      The completion of the acquisition is subject to certain conditions to
closing, including but not limited to, the negotiation and execution of a
definitive acquisition agreement, the delivery of audited financial statements
of Private Brands prepared in accordance with generally accepted accounting
principles in the United States of America, the approval by each of the
Company's, and Private Brands' and Tarrant's board of the acquisition.

      The acquisition agreement will provide that the Company take the following
corporate actions ("Actions") promptly following the closing of the exchange
transaction: (a) change the Company's name to a name selected by TAG; and (b) an
increase to the Company's authorized number of shares and a reverse stock split
of the Company's common stock, on such terms as mutually agreed to by the
parties, to permit the Company to issue the additional shares of its common
stock upon the conversion of the Preferred Shares and to allow the Company to
have additional shares of authorized and unissued common stock for other
corporate purposes. The Preferred Shares will automatically convert without
further action of the holder thereof into shares of the Company's common stock
upon stockholder approval of the Actions. As a condition of closing of the
exchange transaction, Keating Reverse Merger Fund, LLC and TAG will enter into a
voting agreement under which each of them agree to vote their shares of capital
stock of the Company in favor of the Actions following the Closing.

      Subject to the satisfaction of the above conditions and other customary
conditions, the acquisition is presently expected to close in the second quarter
of 2005. However, there can be no assurances that the acquisition will be
completed.

      The Company is currently a public "shell" company with nominal assets
whose sole business has been to identify, evaluate and investigate various
companies with the intent that, if such investigation warrants, a reverse merger
transaction be negotiated and completed pursuant to which the Company would
acquire a target company with an operating business with the intent of
continuing the acquired company's business as a publicly held entity.


<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.

                               Qorus.com, Inc.
                               (Registrant)


Date: April 26, 2005           By:    /s/ Kevin R. Keating
                                      -----------------------------------------
                                      Kevin R. Keating, President and Secretary
{"company-data": {"conformed-name": "QORUS COM INC", "cik": "0001095691", "assigned-sic": "7389", "irs-number": "650358792", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27551", "film-number": "05771646"}, "business-address": {"street1": "190 S. LASALLE STREET", "street2": "SUITE 1710", "city": "CHICAGO", "state": "IL", "zip": "60603", "phone": "3124190077"}, "mail-address": {"street1": "190 S. LASALLE STREET", "street2": "SUITE 1710", "city": "CHICAGO", "state": "IL", "zip": "60603"}}
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)

                                 April 25, 2005

                          ----------------------------

                                 QORUS.COM, INC.
               (Exact name of registrant as specified in charter)

                                     Florida
         (State or other Jurisdiction of Incorporation or Organization)

       0-27551                                           65-0358792
(Commission File Number)                       (IRS Employer Identification No.)

                       936A Beachland Boulevard, Suite 13
                              Vero Beach, FL 32963
                         (Address of Principal Executive
                              Offices and zip code)

                                 (772) 231-7544
                             (Registrant's telephone
                          number, including area code)

                                       N/A
          (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 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(b) under the Exchange Act (17
CFR 240.14a-12(b))

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

      Information included in this Form 8-K may contain forward-looking
statements within the meaning of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
This information may involve known and unknown risks, uncertainties and other
factors which may cause the Company's actual results, performance or
achievements to be materially different from future results, performance or
achievements expressed or implied by any forward-looking statements.
Forward-looking statements, which involve assumptions and describe the Company's
future plans, strategies and expectations, are generally identifiable by use of
the words "may," "will," "should," "expect," "anticipate," "estimate,"
"believe," "intend" or "project" or the negative of these words or other
variations on these words or comparable terminology. These forward-looking
statements are based on assumptions that may be incorrect, and there can be no
assurance that these projections included in these forward-looking statements
will come to pass. The Company's actual results could differ materially from
those expressed or implied by the forward-looking statements as a result of
various factors. Except as required by applicable laws, the Company undertakes
no obligation to update publicly any forward-looking statements for any reason,
even if new information becomes available or other events occur in the future.

Item 8.01 Other Events

      On April 25, 2005, Qorus.com, Inc. (the "Company"), a Florida corporation,
entered into a Letter of Intent to acquire Private Brands, Inc., a California
corporation ("Private Brands") from Tarrant Apparel Group, a California
corporation ("Tarrant"). Private Brands is a wholly-owned subsidiary of Tarrant.
Tarrant is a publicly traded company quoted on the NASDAQ National Market under
the symbol TAGS.

      Private Brands is a Los Angeles, California based apparel company focused
on acquiring or exclusively licensing rights to brand names. Private Brands
designs, markets and sells branded apparel products to large format and
specialty retailers. Private Brands has developed a portfolio of brands
specialized in casual and well-priced apparel for women, men and children.

      Under the transactions contemplated under the Letter of Intent, the
Company will acquire all of the outstanding capital stock in Private Brands. In
the exchange, the Company will issue shares of its convertible preferred stocks
("Preferred Shares") to Tarrant in such amount so that, immediately after giving
effect to the acquisition, Tarrant will own in the aggregate 97% of the
Company's issued and outstanding shares of common stock on a fully diluted and
as-converted basis. At the close of the transaction, it is contemplated that a
new board of directors will be designated by Tarrant. The current stockholders
of the Company are expected to own 3% of the issued and outstanding common stock
after completion of the exchange transaction on a fully diluted and as-converted
basis.

      The closing of the exchange transaction would be subject to Private
Brands' ability to obtain additional financing. The effect of any such financing
would dilute the percentage ownership in the Company of both TAG and the current
stockholders of the Company. Accordingly, if the proposed transaction is
completed, the current stockholders of the Company would own less than 3% of the
issued and outstanding securities of the Company following the proposed
transaction.
The completion of the acquisition is subject to certain conditions to
closing, including but not limited to, the negotiation and execution of a
definitive acquisition agreement, the delivery of audited financial statements
of Private Brands prepared in accordance with generally accepted accounting
principles in the United States of America, the approval by each of the
Company's, and Private Brands' and Tarrant's board of the acquisition.

      The acquisition agreement will provide that the Company take the following
corporate actions ("Actions") promptly following the closing of the exchange
transaction: (a) change the Company's name to a name selected by TAG; and (b) an
increase to the Company's authorized number of shares and a reverse stock split
of the Company's common stock, on such terms as mutually agreed to by the
parties, to permit the Company to issue the additional shares of its common
stock upon the conversion of the Preferred Shares and to allow the Company to
have additional shares of authorized and unissued common stock for other
corporate purposes. The Preferred Shares will automatically convert without
further action of the holder thereof into shares of the Company's common stock
upon stockholder approval of the Actions. As a condition of closing of the
exchange transaction, Keating Reverse Merger Fund, LLC and TAG will enter into a
voting agreement under which each of them agree to vote their shares of capital
stock of the Company in favor of the Actions following the Closing.

      Subject to the satisfaction of the above conditions and other customary
conditions, the acquisition is presently expected to close in the second quarter
of 2005. However, there can be no assurances that the acquisition will be
completed.

      The Company is currently a public "shell" company with nominal assets
whose sole business has been to identify, evaluate and investigate various
companies with the intent that, if such investigation warrants, a reverse merger
transaction be negotiated and completed pursuant to which the Company would
acquire a target company with an operating business with the intent of
continuing the acquired company's business as a publicly held entity.
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.

                               Qorus.com, Inc.
                               (Registrant)

Date: April 26, 2005           By:    /s/ Kevin R. Keating
                                      -----------------------------------------
                                      Kevin R. Keating, President and Secretary