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      STATES</strong></font></div>
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      DC 20549</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman"><strong>FORM
      8-K</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT PURSUANT</strong></font></div>
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      SECTION 13 OR 15(D) OF THE</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      EXCHANGE ACT OF 1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 18pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
      report (Date of earliest event reported): June 1, 2006</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman, serif"><strong>KID
      CASTLE EDUCATIONAL CORPORATION
</strong></font>
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      </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
      Name of Registrant as Specified in Its Charter)</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Florida</strong></font></div>
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      <hr style="COLOR: black" align="left" noshade size="2" width="100%">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
      or
      Other Jurisdiction</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
      Incorporation)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
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            </td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>59-2549529</strong></font></div>
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                File Number)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                Employer Identification No.)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>8</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup><strong>th</strong></sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>
                Floor, No. 98 Min Chuan Road, Hsien Tien, Taipei, Taiwan
                ROC</strong></font></div>
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            <td valign="top" width="13%" style="border-bottom: black thin solid;">&#160;</td>
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                of Principal Executive Offices)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Zip
                Code)</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(886)
      22218 5996</strong></font></div>
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      <hr style="COLOR: black" align="left" noshade size="2" width="100%">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant&#8217;s
      Telephone Number, Including Area Code)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Not
      Applicable
</strong></font>
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      </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Former
      Name or Former Address, if Changed Since Last Report)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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 (</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>see
      </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">General
      Instruction A.2. below):</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div>
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            </td>
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)</font></div>
            </td>
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          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 27pt;">
            </td>
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a-12)</font></div>
            </td>
          </tr>

      </table>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 27pt;">
            </td>
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act (17
                CFR
                240.14d-2(b))</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 27pt;">
            </td>
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act (17
                CFR
                240.13e-4(c))</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PN" style="PAGE-BREAK-AFTER: always">
      <div style="WIDTH: 100%; TEXT-ALIGN: center">
      </div>
      <div>
        <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
        <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
      </div>
    </div>
    <div id="HDR">

    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      5.02.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>DEPARTURE
      OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
      PRINCIPAL OFFICERS</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      June
      1, 2006 Mr.&#160;Yu-En Chiu resigned as Chief Financial Officer and a Director
      of Kid Castle Educational Corporation (the &#8220;Company&#8221;). The circumstances
      surrounding Mr. Chiu&#8217;s resignation are more fully described in Item 7.01 to this
      Report on 8-K. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
      Chiu
      has not furnished the Company with any written correspondence concerning the
      circumstances of his resignation. Mr. Chiu was given a copy of the disclosure
      in
      this Form 8-K regarding his resignation and the opportunity to furnish a written
      response. Mr. Chiu has elected not to furnish a written response.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      June
      1, 2006 the Board of Directors appointed Company Chairman of the Board Gene
      S.
      Y. Pai, to temporarily fill the role of chief financial officer as Acting Chief
      Financial Officer. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.&#160;Pai
      is 46&#160;years old. Mr. Pai graduated from National Taipei University of
      Technology, and obtained a Diploma in Chemical Engineering in 1981. Since 1998
      he has assumed the office of Managing Director of Chin Yi Fung Enterprises
      Co.
      Ltd. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      7.01.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>REGULATION
      FD DISCLOSURE</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company wishes to disclose certain inappropriate use of</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      funds by
      Mr. Yu-En Chiu, the Chief Financial Officer and a Director of the Company,
      and
      the resignation by Mr. Chiu from such positions as of June 1, 2006. Mr. Gene
      S.
      Y. Pai, the Chairman of the Board of Directors of the Company, has temporarily
      assumed the position as the Acting Chief Financial Officer of the
      Company.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company has determined that during 2004 and 2005, Mr. Chiu appropriated Company
      funds for his personal use. Mr. Chiu was appointed as the CFO of the Company
      in
      October 2002. The appropriated funds were withdrawn and paid back by Mr. Chiu
      at
      various points in time. Mr. Chiu has described the appropriated funds as loans
      but the withdrawals were never adequately booked or documented as loans. Mr.
      Chiu appropriated the funds by approving withdrawals in his capacity as CFO,
      directing the funds to be deposited into his personal or nominated account,
      and
      recording the withdrawals on the Company&#8217;s books as a prepaid stock asset. The
      Company has not been able to confirm whether the Company&#8217;s prior Chief Executive
      Officer or any other officers approved Mr. Chiu&#8217;s withdrawals. The Company&#8217;s
      record books do not reflect that the Board of Directors was aware of the
      withdrawals or ever approved them, as loans or otherwise.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      withdrawn funds were not reported in the Company&#8217;s financial reports or detected
      because Mr. Chiu repaid the amounts withdrawn just prior to the end of its
      quarterly reporting periods in 2004 and 2005, </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">then
      re-withdrew the funds during the next reporting period. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company&#8217;s current Chairman of the Board, Mr. Gene S.Y. Pai, and Chief Executive
      Officer, Mr. Min-Tan Yang, were informed by Mr. Chiu soon after they assumed
      their positions in November 2005 that there had been a practice of commingling
      his personal funds with Company funds. </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Upon
      learning of this practice, they instructed Mr. Chiu to terminate any personal
      use or appropriation of Company funds. In addition, to minimize the impact
      of
      the withdrawals</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      on the
      financial condition of the Company, Mr. Pai and Mr. Yang had a verbal
      understanding with the Company that funds owed by the Company to Mr. Pai and
      Mr.
      Yang might be used to pay off the outstanding amounts owed by Mr. Chiu to the
      Company as a result of such withdrawals. To help the new management team to
      better understand the financial conditions of the Company, Messrs. Pai and
      Yang,
      started an investigation into the Company&#8217;s accounts and financial activities
      for calendar year 2005 and learned that the withdrawals by Mr. Chiu over 2004
      and 2005 were extensive. </font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company has been able to establish that during 2004, the highest recorded sum
      owed to the Company at any point in time by Mr. Chiu was $328,546. Mr. Chiu
      repaid all amounts withdrawn before December 31, 2004. However, he initiated
      further withdrawals on January 13, 2005. During 2005, the highest recorded
      sum
      owed to the Company at any point in time was $648,115. (All references to
      currency in this disclosure have been translated from New Taiwan dollars to
      U.S.
      dollars based on an exchange rate of US$1.00 = NT$33.42.)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the verbal understanding reached among the Company and Messrs. Pai, Yang
      and
      Chiu, a three-way transaction will be entered into whereby Messrs. Pai and
      Yang
      will pay off Mr. Chiu&#8217;s debt to the Company by canceling Company debt to them in
      the same amount. The transaction will be documented in a </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">loan
      settlement agreement</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      pursuant
      to which Messrs. Pai and Yang will forgive debt owed to them by the Company in
      the amount of $553,561, in exchange for the Company&#8217;s forgiveness of Mr. Chiu&#8217;s
      debt to the Company of the same amount which was the amount outstanding as
      of
      the end of 2005. At the same time Messrs. Pai and Yang will take a promissory
      note from Mr. Chiu in the same amount. The Company has determined for accounting
      purposes only to treat the withdrawals and subsequent repayments as loans.
      The
      Company has not released any potential claims against Mr. Chiu. </font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As
      a
      result of such inappropriate activity, Mr. Chiu has resigned from his positions
      as the CFO and Director of the Company. Despite the extent of his inappropriate
      activity, the Company has determined that, at least in the short term, it is
      in
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      Chiu&#8217;s employment with the Company. Because of Mr. Chiu&#8217;s expert knowledge of
      the Company&#8217;s operations, products and market in China, he will be retained as
      the Chairman of the Company&#8217;s PRC operations. Mr. Chiu</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      will not
      have access to Company funds or authority over Company&#8217;s accounting or financing
      matters. </font></div>
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      Chiu&#8217;s situation manifests a weakness in the Company&#8217;s accounting controls and
      procedures, which the Company is addressing. Since 2003, the Company has been
      in
      the process of assessing and improving its financial controls. It engaged
      another major accounting firm in 2004 to make recommendations in this regard.
      In
      addition, the Company began implementing a comprehensive ERP system that would
      improve the Company&#8217;s internal controls. However, the system is not scheduled to
      be fully on-line until October 2006. </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company believes that full implementation of its new ERP System will prevent
      misappropriation of funds by Company employees because the ERP system will
      perform the following functions:</font></div>
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            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Maintain
              detailed records and produce comprehensive financial statements on
              a
              periodical basis allowing management to review and detect irregular
              financial activities.</font></div>
          </td>
        </tr>

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            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Place
              different check-points on the progression of ordinary monetary activities
              of the business.</font></div>
          </td>
        </tr>

    </table>
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        <tr valign="top" style="line-height: 1.25;">
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            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Delineate
              individual unit/departmental responsibilities and effectively separate
              respective departmental transactions so as to avoid intentional
              misappropriation of funds from taking
              place.</font></div>
          </td>
        </tr>

    </table>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      addition to implementing a new ERP system, to further strengthen the Company&#8217;s
      internal controls, the following additional procedures have been
      implemented:</font></div>
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              departments requesting funds must obtain written approval from the
              Chief
              Executive Officer or the Chairman of the Board before the accounting
              department may commence processing payments.
</font></div>
          </td>
        </tr>

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              fund transfer applications must be approved by the applicable department
              supervisor before the application may be processed. No one can authorize
              their own application. This is applicable to all staff including staff
              at
              the managerial level. </font></div>
          </td>
        </tr>

    </table>
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        <tr valign="top" style="line-height: 1.25;">
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              transfer applications in the PRC must additionally be approved by the
              headquarters in Taiwan.</font></div>
          </td>
        </tr>

    </table>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
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        <tr valign="top" style="line-height: 1.25;">
          <td align="right" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#160;&#160;</font></td>
          <td>
            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
              fund transfer applications must be accompanied by supporting
              documentation, such as a copy of the relevant contract or copy of relevant
              invoice or stock pre-payment statement.</font></div>
          </td>
        </tr>

    </table>
    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
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        <tr valign="top" style="line-height: 1.25;">
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            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Stock
              purchases require the approval of the supervisor/manager of the relevant
              department as well as the accounts department and a stock receipt and
              suppliers&#8217; certification must be provided. Finally the application must be
              approved by the Chairman of the Board before funds may be
              released.</font></div>
          </td>
        </tr>

    </table>
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              pre-payments must be tracked by the fund applicant and the payments
              must
              be cleared within the month of payment or in accordance with the date
              stipulated in the relevant contract. </font></div>
          </td>
        </tr>

    </table>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company believes that implementation of all of the foregoing procedures will
      significantly strengthen the Company&#8217;s financial controls, with one beneficial
      result being that unfortunate instances such as the one reported in this
      disclosure will be prevented.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="3">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">
      <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" width="100%">

          <tr valign="top" bgcolor="#ffffff">
            <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: "><strong>KID
              CASTLE
              EDUCATIONAL CORPORATION</strong></font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Date:&#160;
June
              16, 2006</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;Min-Tan
              Yang</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td colspan="2"><font style="FONT-FAMILY: " size="1">&#160;</font></td>
            <td align="left">
              <hr style="COLOR: black" align="left" noshade size="2" width="80%">
            </td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Name:&#160;&#160;
                Min-Tan Yang</font></div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Title:&#160;&#160;&#160;&#160;
                Chief Executive Officer</font></div>
            </td>
          </tr>

      </table>
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    <div>&#160;</div>
    <div>&#160;</div>
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          <hr style="COLOR: black" noshade size="3">
        </div>
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{"company-data": {"conformed-name": "KID CASTLE EDUCATIONAL CORP", "cik": "0001049011", "assigned-sic": "5040", "irs-number": "592549529", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-39629", "film-number": "06921071"}, "business-address": {"street1": "7TH FLOOR", "street2": "127-1 SUNG CHIANG ROAD", "city": "TAIPEI, TAIWAN ROC", "state": "F5", "zip": "00000", "phone": "011886225061688"}, "mail-address": {"street1": "7TH FLOOR", "street2": "127-1 SUNG CHIANG ROAD", "city": "TAIPEI, TAIWAN ROC", "state": "F5", "zip": "00000"}, "former-company": [{"former-conformed-name": "KING BALL INTERNATIONAL TECHNOLOGY CORP", "date-changed": "20020708"}, {"former-conformed-name": "OMNI DOORS INC", "date-changed": "19971104"}]}
UNITED
      STATES
SECURITIES
      AND EXCHANGE COMMISSION
WASHINGTON,
      DC 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 1, 2006
KID
      CASTLE EDUCATIONAL CORPORATION
(Exact
      Name of Registrant as Specified in Its Charter)
Florida
(State
      or
      Other Jurisdiction
of
      Incorporation)
333-39629
59-2549529
(Commission
                File Number)
(IRS
                Employer Identification No.)
8
th
Floor, No. 98 Min Chuan Road, Hsien Tien, Taipei, Taiwan
                ROC
(Address
                of Principal Executive Offices)
(Zip
                Code)
(886)
      22218 5996
(
Registrant's
      Telephone Number, Including Area Code)
Not
      Applicable
(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):
o
Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)
o
Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a-12)
o
Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act (17
                CFR
                240.14d-2(b))
o
Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act (17
                CFR
                240.13e-4(c))
ITEM
      5.02.
DEPARTURE
      OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
      PRINCIPAL OFFICERS
On
      June
      1, 2006 Mr. Yu-En Chiu resigned as Chief Financial Officer and a Director
      of Kid Castle Educational Corporation (the "Company"). The circumstances
      surrounding Mr. Chiu's resignation are more fully described in Item 7.01 to this
      Report on 8-K.
Mr.
      Chiu
      has not furnished the Company with any written correspondence concerning the
      circumstances of his resignation. Mr. Chiu was given a copy of the disclosure
      in
      this Form 8-K regarding his resignation and the opportunity to furnish a written
      response. Mr. Chiu has elected not to furnish a written response.
On
      June
      1, 2006 the Board of Directors appointed Company Chairman of the Board Gene
      S.
      Y. Pai, to temporarily fill the role of chief financial officer as Acting Chief
      Financial Officer.
Mr. Pai
      is 46 years old. Mr. Pai graduated from National Taipei University of
      Technology, and obtained a Diploma in Chemical Engineering in 1981. Since 1998
      he has assumed the office of Managing Director of Chin Yi Fung Enterprises
      Co.
      Ltd.
ITEM
      7.01.
REGULATION
      FD DISCLOSURE
The
      Company wishes to disclose certain inappropriate use of
funds by
      Mr. Yu-En Chiu, the Chief Financial Officer and a Director of the Company,
      and
      the resignation by Mr. Chiu from such positions as of June 1, 2006. Mr. Gene
      S.
      Y. Pai, the Chairman of the Board of Directors of the Company, has temporarily
      assumed the position as the Acting Chief Financial Officer of the
      Company.
The
      Company has determined that during 2004 and 2005, Mr. Chiu appropriated Company
      funds for his personal use. Mr. Chiu was appointed as the CFO of the Company
      in
      October 2002. The appropriated funds were withdrawn and paid back by Mr. Chiu
      at
      various points in time. Mr. Chiu has described the appropriated funds as loans
      but the withdrawals were never adequately booked or documented as loans. Mr.
      Chiu appropriated the funds by approving withdrawals in his capacity as CFO,
      directing the funds to be deposited into his personal or nominated account,
      and
      recording the withdrawals on the Company's books as a prepaid stock asset. The
      Company has not been able to confirm whether the Company's prior Chief Executive
      Officer or any other officers approved Mr. Chiu's withdrawals. The Company's
      record books do not reflect that the Board of Directors was aware of the
      withdrawals or ever approved them, as loans or otherwise.
The
      withdrawn funds were not reported in the Company's financial reports or detected
      because Mr. Chiu repaid the amounts withdrawn just prior to the end of its
      quarterly reporting periods in 2004 and 2005,
then
      re-withdrew the funds during the next reporting period.
The
      Company's current Chairman of the Board, Mr. Gene S.Y. Pai, and Chief Executive
      Officer, Mr. Min-Tan Yang, were informed by Mr. Chiu soon after they assumed
      their positions in November 2005 that there had been a practice of commingling
      his personal funds with Company funds.
Upon
      learning of this practice, they instructed Mr. Chiu to terminate any personal
      use or appropriation of Company funds. In addition, to minimize the impact
      of
      the withdrawals
on the
      financial condition of the Company, Mr. Pai and Mr. Yang had a verbal
      understanding with the Company that funds owed by the Company to Mr. Pai and
      Mr.
      Yang might be used to pay off the outstanding amounts owed by Mr. Chiu to the
      Company as a result of such withdrawals. To help the new management team to
      better understand the financial conditions of the Company, Messrs. Pai and
      Yang,
      started an investigation into the Company's accounts and financial activities
      for calendar year 2005 and learned that the withdrawals by Mr. Chiu over 2004
      and 2005 were extensive.
The
      Company has been able to establish that during 2004, the highest recorded sum
      owed to the Company at any point in time by Mr. Chiu was $328,546. Mr. Chiu
      repaid all amounts withdrawn before December 31, 2004. However, he initiated
      further withdrawals on January 13, 2005. During 2005, the highest recorded
      sum
      owed to the Company at any point in time was $648,115. (All references to
      currency in this disclosure have been translated from New Taiwan dollars to
      U.S.
      dollars based on an exchange rate of US$1.00 = NT$33.42.)
Pursuant
      to the verbal understanding reached among the Company and Messrs. Pai, Yang
      and
      Chiu, a three-way transaction will be entered into whereby Messrs. Pai and
      Yang
      will pay off Mr. Chiu's debt to the Company by canceling Company debt to them in
      the same amount. The transaction will be documented in a
loan
      settlement agreement
pursuant
      to which Messrs. Pai and Yang will forgive debt owed to them by the Company in
      the amount of $553,561, in exchange for the Company's forgiveness of Mr. Chiu's
      debt to the Company of the same amount which was the amount outstanding as
      of
      the end of 2005. At the same time Messrs. Pai and Yang will take a promissory
      note from Mr. Chiu in the same amount. The Company has determined for accounting
      purposes only to treat the withdrawals and subsequent repayments as loans.
      The
      Company has not released any potential claims against Mr. Chiu.
As
      a
      result of such inappropriate activity, Mr. Chiu has resigned from his positions
      as the CFO and Director of the Company. Despite the extent of his inappropriate
      activity, the Company has determined that, at least in the short term, it is
      in
      the best interest of the Company not to terminate
Mr.
      Chiu's employment with the Company. Because of Mr. Chiu's expert knowledge of
      the Company's operations, products and market in China, he will be retained as
      the Chairman of the Company's PRC operations. Mr. Chiu
will not
      have access to Company funds or authority over Company's accounting or financing
      matters.
Mr.
      Chiu's situation manifests a weakness in the Company's accounting controls and
      procedures, which the Company is addressing. Since 2003, the Company has been
      in
      the process of assessing and improving its financial controls. It engaged
      another major accounting firm in 2004 to make recommendations in this regard.
      In
      addition, the Company began implementing a comprehensive ERP system that would
      improve the Company's internal controls. However, the system is not scheduled to
      be fully on-line until October 2006.
The
      Company believes that full implementation of its new ERP System will prevent
      misappropriation of funds by Company employees because the ERP system will
      perform the following functions:
·
Maintain
              detailed records and produce comprehensive financial statements on
              a
              periodical basis allowing management to review and detect irregular
              financial activities.
·
Place
              different check-points on the progression of ordinary monetary activities
              of the business.
·
Delineate
              individual unit/departmental responsibilities and effectively separate
              respective departmental transactions so as to avoid intentional
              misappropriation of funds from taking
              place.
In
      addition to implementing a new ERP system, to further strengthen the Company's
      internal controls, the following additional procedures have been
      implemented:
·
All
              departments requesting funds must obtain written approval from the
              Chief
              Executive Officer or the Chairman of the Board before the accounting
              department may commence processing payments.
·
All
              fund transfer applications must be approved by the applicable department
              supervisor before the application may be processed. No one can authorize
              their own application. This is applicable to all staff including staff
              at
              the managerial level.
·
Fund
              transfer applications in the PRC must additionally be approved by the
              headquarters in Taiwan.
·
All
              fund transfer applications must be accompanied by supporting
              documentation, such as a copy of the relevant contract or copy of relevant
              invoice or stock pre-payment statement.
·
Stock
              purchases require the approval of the supervisor/manager of the relevant
              department as well as the accounts department and a stock receipt and
              suppliers' certification must be provided. Finally the application must be
              approved by the Chairman of the Board before funds may be
              released.
·
All
              pre-payments must be tracked by the fund applicant and the payments
              must
              be cleared within the month of payment or in accordance with the date
              stipulated in the relevant contract.
The
      Company believes that implementation of all of the foregoing procedures will
      significantly strengthen the Company's financial controls, with one beneficial
      result being that unfortunate instances such as the one reported in this
      disclosure will be prevented.
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.
KID
              CASTLE
              EDUCATIONAL CORPORATION
Date: 
June
              16, 2006
By:
/s/ Min-Tan
              Yang
Name:  
                Min-Tan Yang
Title:    
                Chief Executive Officer