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) December 30, 2005
                                                 -----------------

                         NEW HARVEST CAPITAL CORPORATION
--------------------------------------------------------------------------------
               (Exact name of Registrant as specified in charter)

         Delaware                      000-25824           13-3337553
--------------------------------------------------------------------------------
(State or other jurisdic-             (Commission        (IRS Employer
 tion of incorporation)               File Number)     Identification No.)



          101 NE 3rd Avenue, Suite 1220, Fort Lauderdale, Florida 33301
--------------------------------------------------------------------------------
              (Address of principal executive offices) (Zip Code)


Registrant's telephone number, including area code:    (954)-763-1515
                                                       ---------------

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 CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)) Section 5 - Corporate Governance and Management


<PAGE>

Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers

         At a Board of Directors meeting held on December 30, 2005, New Harvest
Capital Corporation (the "Company") appointed Tony Sharp and Frederick J.
Trowman-Rose to the Board of Directors of the Company effective as of January 1,
2006 and accepted the resignation of Albert Lazo as a director. Mr. Lazo will
remain as Secretary of the Company.

         Mr. Sharp was most recently a Project Director at Longcross Management,
a London-based commercial property development firm, and he has over 20 years
experience in real estate development, urban renewal, finance, and consulting.
Mr. Sharp has also been serving as a director of Azur International, Inc.
(`Azur") since December 1, 2005. Azur owns approximately 50.4% of the Company's
common stock.

         Mr. Sharp previously served Azur in an advisory capacity. His
experience in the property sector began in 1985, when, as an advisor for Coopers
& Lybrand's consulting arm, he supported many large U.K. development companies
with regard to their corporate structure and on the social and economic impact
of proposed urban renewal schemes. This led to his appointment as assistant to
the CEO of the National Phoenix Initiative (NPI), an urban renewal partnership
sponsored by the construction and development industry associations along with
the UK's Department of Environment. NPI promoted projects involving private
investment in public sector bodies including the health sector, universities,
prison service, local authorities and urban development corporations. Following
this, Mr. Sharp was involved with numerous joint ventures, acquiring distressed
property portfolios while serving as project director at Longcross Management.
Mr. Sharp is a graduate of Balliol College at Oxford University.

         Professor Trowman-Rose currently serves as Company Secretary of Light &
Boston Limited (a ceremonial regalia manufacturer) since 2001, and Managing
Director of Libomet Limited (a stamper and finisher of non-ferrous and precious
metals). Previously, he was Company Secretary and Director of his family
engineering firm ABC Maintenance Services Limited and a technical editor of
publications including Professional Printer and British Editor. He is a
professor of Environmental Science and President of the Association of Teachers
of Printing & Allied Subjects and Provost of the London College of Management
and IT. Professor Trowman-Rose is a graduate of the University of Cambridge and
holds doctorate degrees in organic chemistry. A former diplomat, he served
Belize, the country of his birth, as her first Consul in the United Kingdom.
Professor Trowman-Rose has held a number of senior honorary positions on
professional and environmental bodies, including Honorary Vice-President of the
Chartered Institute of Journalists, the world's senior professional association
for journalism and the media.

<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.

                                NEW HARVEST CAPITAL CORPORATION

January 3, 2006                 By: /s/ Donald Winfrey
                                    ----------------------------------
                                    Donald Winfrey
                                    President
{"company-data": {"conformed-name": "NEW HARVEST CAPITAL CORP", "cik": "0000785544", "assigned-sic": "6770", "irs-number": "133334513", "state-of-incorporation": "DE", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25824", "film-number": "06500386"}, "business-address": {"street1": "101 NE 3RD AVENUE, SUITE 1220", "city": "FORT LAUDERDALE", "state": "FL", "zip": "33301", "phone": "954-763-1515"}, "mail-address": {"street1": "101 NE 3RD AVENUE, SUITE 1220", "city": "FORT LAUDERDALE", "state": "FL", "zip": "33301"}, "former-company": {"former-conformed-name": "HARVEST CAPITAL CORP", "date-changed": "19920703"}}
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) December 30, 2005
                                                 -----------------

                         NEW HARVEST CAPITAL CORPORATION
--------------------------------------------------------------------------------
               (Exact name of Registrant as specified in charter)

         Delaware                      000-25824           13-3337553
--------------------------------------------------------------------------------
(State or other jurisdic-             (Commission        (IRS Employer
 tion of incorporation)               File Number)     Identification No.)

          101 NE 3rd Avenue, Suite 1220, Fort Lauderdale, Florida 33301
--------------------------------------------------------------------------------
              (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:    (954)-763-1515
                                                       ---------------

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 CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)) Section 5 - Corporate Governance and Management
Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers

         At a Board of Directors meeting held on December 30, 2005, New Harvest
Capital Corporation (the "Company") appointed Tony Sharp and Frederick J.
Trowman-Rose to the Board of Directors of the Company effective as of January 1,
2006 and accepted the resignation of Albert Lazo as a director. Mr. Lazo will
remain as Secretary of the Company.

         Mr. Sharp was most recently a Project Director at Longcross Management,
a London-based commercial property development firm, and he has over 20 years
experience in real estate development, urban renewal, finance, and consulting.
Mr. Sharp has also been serving as a director of Azur International, Inc.
(`Azur") since December 1, 2005. Azur owns approximately 50.4% of the Company's
common stock.

         Mr. Sharp previously served Azur in an advisory capacity. His
experience in the property sector began in 1985, when, as an advisor for Coopers
& Lybrand's consulting arm, he supported many large U.K. development companies
with regard to their corporate structure and on the social and economic impact
of proposed urban renewal schemes. This led to his appointment as assistant to
the CEO of the National Phoenix Initiative (NPI), an urban renewal partnership
sponsored by the construction and development industry associations along with
the UK's Department of Environment. NPI promoted projects involving private
investment in public sector bodies including the health sector, universities,
prison service, local authorities and urban development corporations. Following
this, Mr. Sharp was involved with numerous joint ventures, acquiring distressed
property portfolios while serving as project director at Longcross Management.
Mr. Sharp is a graduate of Balliol College at Oxford University.

         Professor Trowman-Rose currently serves as Company Secretary of Light &
Boston Limited (a ceremonial regalia manufacturer) since 2001, and Managing
Director of Libomet Limited (a stamper and finisher of non-ferrous and precious
metals). Previously, he was Company Secretary and Director of his family
engineering firm ABC Maintenance Services Limited and a technical editor of
publications including Professional Printer and British Editor. He is a
professor of Environmental Science and President of the Association of Teachers
of Printing & Allied Subjects and Provost of the London College of Management
and IT. Professor Trowman-Rose is a graduate of the University of Cambridge and
holds doctorate degrees in organic chemistry. A former diplomat, he served
Belize, the country of his birth, as her first Consul in the United Kingdom.
Professor Trowman-Rose has held a number of senior honorary positions on
professional and environmental bodies, including Honorary Vice-President of the
Chartered Institute of Journalists, the world's senior professional association
for journalism and the media.
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.

                                NEW HARVEST CAPITAL CORPORATION

January 3, 2006                 By: /s/ Donald Winfrey
                                    ----------------------------------
                                    Donald Winfrey
                                    President