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 10, 2006


                             JANEL WORLD TRADE, LTD.
             (Exact Name of Registrant as Specified in its Charter)


           NEVADA                     333-60608                11-2636089
(States or other jurisdiction   (Commission File Number)     (IRS Employer
     of incorporation)                                      Identification
                                                                 Number)


     150-14 132ND AVENUE, JAMAICA, NY                          11434
   (Address of Principal Executive Offices)                  (Zip Code)


                         Registrant's telephone number,
                       including area code, (718) 527-3800


<PAGE>

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES.

      On March 10, 2006,  Janel World Trade,  Ltd.  ("Janel") signed a Financial
Public & Investor Relations Agreement with Strategic Growth International,  Inc.
("SGI") with  respect to the  provision of  consulting  services  with regard to
financial and investor relations for a term beginning October 3, 2005 and ending
October 2, 2006.

      Janel  agreed to pay SGI  compensation  consisting  of a $6,000  per month
retainer  fee, and  authorization  of the issuance to SGI and its  affiliates of
200,000  unregistered  shares of Janel's  $.001 par value common stock valued at
$1.02 per share,  and a warrant to purchase 400,000 shares of Janel common stock
exercisable  from  February 1, 2007 to October 2, 2010 at an  exercise  price of
$1.02 per share. The 200,000 Janel shares have limited  registration rights, and
are subject to a lock-up  agreement.  The 400,000  Janel  shares  issuable  upon
exercise of the warrants are subject to  antidilution  provisions  and also have
registration rights.

      The  registration  rights of the 200,000 Janel shares  provide the holders
with the right to have their shares included in the next securities registration
statement  (except for a  registration  statement  on Forms S-4 of S-8) filed by
Janel with the Securities and Exchange  Commission prior to October 2, 2006. The
lock-up  provisions  require the holders to refrain from selling,  transferring,
hypothecating  or otherwise  disposing  of their Janel shares until  February 1,
2007.

      The registration rights of the 400,000 Janel shares issuable upon exercise
of the warrant  provide the holders with the right to have their shares included
in  the  next  securities  registration  statement  (except  for a  registration
statement on Forms S-4 of S-8) filed by Janel with the  Securities  and Exchange
Commission during the entire term of the warrant

      The Janel  shares  issued to the  holders,  and the shares  issuable  upon
exercise of the warrant are also subject to the requirements of Rule 144.

      The amount and terms of the  issuance of the Janel  shares and the warrant
were  determined by arms-length  negotiation  between the parties.  There are no
material  relationships  between Janel or its  respective  officers,  directors,
affiliates  and  principal  shareholders,   and  the  officers,  directors,  and
affiliates of the holders.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

      (C)   EXHIBITS.

      4.    Form of Series A Warrant Agreement dated March 10, 2006, and form of
            Series A Warrant.

      10.2  Financial  Public & Investor  Relations  Agreement  signed March 10,
            2006 by Janel World Trade, Ltd. and Strategic Growth  International,
            Inc.


<PAGE>

                                   SIGNATURES


      Pursuant  to the  requirements  of Section  13 or 15(d) of the  Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized.


March 16, 2006

                                        JANEL WORLD TRADE, LTD.


                                        By:/s/ James N. Jannello
                                           -------------------------------------
                                               James N. Jannello,
                                               Executive Vice President
                                               and Chief  Executive Officer
{"company-data": {"conformed-name": "JANEL WORLD TRADE LTD", "cik": "0001133062", "assigned-sic": "4961", "irs-number": "861005291", "state-of-incorporation": "NV", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-60608", "film-number": "06693340"}, "business-address": {"street1": "150-14 132ND AVENUE", "city": "JAMAICA", "state": "NY", "zip": "11434", "phone": "718-527-3800"}, "former-company": {"former-conformed-name": "WINE SYSTEMS DESIGN INC", "date-changed": "20010123"}}
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 10, 2006

                             JANEL WORLD TRADE, LTD.
             (Exact Name of Registrant as Specified in its Charter)

           NEVADA                     333-60608                11-2636089
(States or other jurisdiction   (Commission File Number)     (IRS Employer
     of incorporation)                                      Identification
                                                                 Number)

     150-14 132ND AVENUE, JAMAICA, NY                          11434
   (Address of Principal Executive Offices)                  (Zip Code)

                         Registrant's telephone number,
                       including area code, (718) 527-3800
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES.

      On March 10, 2006,  Janel World Trade,  Ltd.  ("Janel") signed a Financial
Public & Investor Relations Agreement with Strategic Growth International,  Inc.
("SGI") with  respect to the  provision of  consulting  services  with regard to
financial and investor relations for a term beginning October 3, 2005 and ending
October 2, 2006.

      Janel  agreed to pay SGI  compensation  consisting  of a $6,000  per month
retainer  fee, and  authorization  of the issuance to SGI and its  affiliates of
200,000  unregistered  shares of Janel's  $.001 par value common stock valued at
$1.02 per share,  and a warrant to purchase 400,000 shares of Janel common stock
exercisable  from  February 1, 2007 to October 2, 2010 at an  exercise  price of
$1.02 per share. The 200,000 Janel shares have limited  registration rights, and
are subject to a lock-up  agreement.  The 400,000  Janel  shares  issuable  upon
exercise of the warrants are subject to  antidilution  provisions  and also have
registration rights.

      The  registration  rights of the 200,000 Janel shares  provide the holders
with the right to have their shares included in the next securities registration
statement  (except for a  registration  statement  on Forms S-4 of S-8) filed by
Janel with the Securities and Exchange  Commission prior to October 2, 2006. The
lock-up  provisions  require the holders to refrain from selling,  transferring,
hypothecating  or otherwise  disposing  of their Janel shares until  February 1,
2007.

      The registration rights of the 400,000 Janel shares issuable upon exercise
of the warrant  provide the holders with the right to have their shares included
in  the  next  securities  registration  statement  (except  for a  registration
statement on Forms S-4 of S-8) filed by Janel with the  Securities  and Exchange
Commission during the entire term of the warrant

      The Janel  shares  issued to the  holders,  and the shares  issuable  upon
exercise of the warrant are also subject to the requirements of Rule 144.

      The amount and terms of the  issuance of the Janel  shares and the warrant
were  determined by arms-length  negotiation  between the parties.  There are no
material  relationships  between Janel or its  respective  officers,  directors,
affiliates  and  principal  shareholders,   and  the  officers,  directors,  and
affiliates of the holders.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

      (C)   EXHIBITS.

      4.    Form of Series A Warrant Agreement dated March 10, 2006, and form of
            Series A Warrant.

      10.2  Financial  Public & Investor  Relations  Agreement  signed March 10,
            2006 by Janel World Trade, Ltd. and Strategic Growth  International,
            Inc.
SIGNATURES

      Pursuant  to the  requirements  of Section  13 or 15(d) of the  Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized.

March 16, 2006

                                        JANEL WORLD TRADE, LTD.

                                        By:/s/ James N. Jannello
                                           -------------------------------------
                                               James N. Jannello,
                                               Executive Vice President
                                               and Chief  Executive Officer