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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">U.S.
      SECURITIES AND EXCHANGE COMMISSION</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">WASHINGTON,
      D.C. 20549</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">__________________</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><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: 16pt; FONT-FAMILY: Times New Roman">FORM
      8-K</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">CURRENT
      REPORT</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">Pursuant
      to Section 13 or 15(d) of the Securities Act of 1934</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><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">Date
      of
      Report (Date of earliest event reported): </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>August
      24, 2006</u></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><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">Commission
      file number: 0-49936</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><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"><strong>ST.
      JOSEPH, INC. </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">(Exact
      name of Small Business Issuer as specified in its charter) </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

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            <td valign="top" width="34%" style="border-bottom: black thin solid;">
              <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">Colorado</font></div>
            </td>
            <td valign="top" width="9%">&#160;</td>
            <td valign="top" width="34%" style="border-bottom: black thin solid;">
              <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">CH
                47-0844532</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="34%">
              <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 of incorporation or organization)</font></div>
            </td>
            <td valign="top" width="9%">&#160;</td>
            <td valign="top" width="34%">
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                Employer Identification Number)</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="34%">&#160;</td>
            <td valign="top" width="9%">&#160;</td>
            <td valign="top" width="34%">&#160;</td>
          </tr>
          <tr>
            <td valign="top" width="34%" style="border-bottom: black thin solid;">
              <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">4870
                S. Lewis, Suite 250 Tulsa, OK </font></div>
            </td>
            <td valign="top" width="9%">&#160;</td>
            <td valign="top" width="34%" style="border-bottom: black thin solid;">
              <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">74105</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="34%">
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                of Principal Executive Offices)</font></div>
            </td>
            <td valign="top" width="9%">&#160;</td>
            <td valign="top" width="34%">
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                Code)</font></div>
            </td>
          </tr>

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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">Issuer's
      telephone number, including area code: </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(918)
      742-1888</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><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">------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><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">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Not
      Applicable</u></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">(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: -18pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><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>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><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>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br></div>
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          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 36pt;">
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><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>

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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 36pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></font></div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><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>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br></div>
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      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 36pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></font></div>
            </td>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><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>
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    </div>
    <div>&#160;</div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
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          <hr style="COLOR: black" noshade size="2">
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      </div>
      <div id="HDR">
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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="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">St.
      Joseph, Inc. (&#8220;we&#8221;, &#8220;us&#8221; or the &#8220;Company&#8221;) files this report on Form 8-K to
      report the following:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</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 align="left" style="width: 54pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              1.02</strong></font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Termination
                of a Material Definitive
                Agreement</strong></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 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">Between
      October 28, 2003 and March 23, 2004, our Board of Directors approved the grant
      of stock options to each of our then Directors, John H. Simmons, Bruce E.
      Schreiner, Kenneth L. Johnson, Dr. Milton Harbuck, Kimberly Samon, Gerald
      McIlhargey and Jerry Malone (each, an &#8220;Optionee&#8221;) in consideration for services
      provided to our Company as Directors. Each option was exercisable immediately
      at
      the exercise price of $0.10 per share and expires on the tenth day after an
      Optionee&#8217;s removal from our Board of Directors for reasons other than for a
      voluntary resignation. The Board of Directors approved the issuance of an
      aggregate of 2,600,000 options to our then directors, with each Director
      receiving 100,000 options, with the sole exception of Mr. Simmons, who received
      2,000,000 options, or 2,000% more then other the other Directors. </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">At
      the
      annual meeting of our Board of Directors on August 24, 2006, our Directors
      reviewed the options previously granted to the Optionees and after careful
      and
      exhaustive deliberation, concluded that the options granted to Mr. Simmons
      as
      consideration for providing the same directorial services as the other Optionees
      was not fair and reasonable to our shareholders. Specifically, our Board of
      Directors concluded that the amount of options granted to Mr. Simmons, which
      was
      2,000% more than the amount of options granted the other Optionees individually,
      and 333% more than the amount of options granted to the other Optionees in
      the
      aggregate was unduly excessive, unreasonable, and unfair to our shareholders.
      Therefore, our Board of Directors resolved to void 1,900,000 options previously
      granted to Mr. Simmons. </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">Pursuant
      to Section 7-108-501 of the Colorado Revised Statute, a transaction between
      a
      corporation and a director of the corporation is not void or voidable if (a)
      the
      director&#8217;s interest is fully disclosed to disinterested directors and the
      transaction is approved by disinterested directors; (b) the director&#8217;s interest
      is fully disclosed to the shareholders and the transaction is approved by the
      shareholder; or (c) the transaction is fair to the corporation. At the time
      that
      options were granted to the Optionees, there were no disinterested directors
      and
      no shareholder approval of the options was ever sought or received by the Board
      of Directors.</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
      the
      other hand, our Directors concluded that the grant of 100,000 options to each
      Optionee was fair and reasonable, and accordingly ratified the issuance of
      100,000 options to each Optionee, including Mr. Simmons. </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">To
      the
      extent that the issuance of the 1,900,000 options which have been voided by
      resolution of our Board of Directors is deemed fair, we may have contingent
      liability for cancelling Mr. Simmons&#8217; 1,900,000 options. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      <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 align="left" style="width: 54pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              5.02</strong></font></td>
            <td align="left">
              <div align="left"><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>
            </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 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">At
      the
      Annual General Meeting of our shareholders held on August 24, 2006, our
      shareholders elected Gerald McIlhargey, Kenneth L. Johnson, Bruce Schreiner,
      Maureen O&#8217;Brien and Donal Ford as members of our Board of Directors. There was a
      total of 5,583,250 votes present in person or by proxy at the Annual General
      Meeting. </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">Following
      the Annual General Meeting, our newly elected Board of Directors appointed
      Gerald McIlhargey as our President and Chief Executive Officer, and Kenneth
      L.
      Johnson as our Secretary, Treasurer and Chief Financial Officer. Mr. McIlhargey
      was elected the Chairman of the Board of Directors. </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
      Schreiner, Ms. O&#8217;Brien and Mr. Ford were appointed members of our Audit
      Committee. Mr. John, Mr. Schreiner and Mr. Ford were appointed members of our
      Compensation Committee.</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</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">Below
      are
      brief descriptions of the background and business experience for the past five
      years of each of our directors and executive officers. </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">Gerald
      McIlhargey, 58, has been a director of our company since March of 2004. Mr.
      McIlhargey was retired from July 2001 to February 2004. Mr. McIlhargey has
      over
      25 years experience in management consulting for public companies, including
      marketing, manufacturing, and financing. Mr. McIlhargey received a Bachelor
      of
      Education degree from Simon Fraser University in British Columbia, Canada,
      in
      1972.</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">Kenneth
      L. Johnson, 46, has been Secretary and Treasurer and a Director of our company
      since April of 2000. Mr. Johnson has also been Secretary and Treasurer and
      a
      Director of Stef*Tek Services, Inc. since December of 2003. In addition, for
      the
      past nine years, Mr. Johnson has been a senior support representative of College
      Bookstore Management System, a division of Nebraska Book Co., Inc. and a
      provider of point of sale and inventory control computer software to college
      bookstores. Mr. Johnson is involved with College Bookstore Management System&#8217;s
      product development, customer support and training. Mr. Johnson graduated from
      Hastings College in 1085, earning a Bachelor of Art Degree in Business
      Administration. </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">Bruce
      E.
      Schreiner, CPA, 50, has been a Director of our company since October of 2003.
      Mr. Schreiner has also been a Director of Stef*Tek Services, Inc. since October
      of 2003. Mr. Schreiner is a partner in the accounting firm Schroeder &amp;
Schreiner, P.C. Mr. Schreiner has been a Director of Sense Technologies, Inc.,
      since August 10, 1993 and the President and Chief Executive Officer of Sense
      Technologies since March 4, 2004. Mr. Schreiner is responsible for all financial
      matters customarily related to Sense's operations and serves as the general
      manger of Sense. Mr. Schreiner received a Bachelor of Arts Degree, from Hastings
      College in 1975, graduating magna cum laude, with majors in Economics and
      Business Administration with an emphasis in accounting. Mr. Schreiner has been
      a
      certified public accountant since November 1976, to the present. Mr. Schreiner
      is a member of the American Institute and Nebraska Society of Certified Public
      Accountants. </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">Donal
      K.
      Ford, 50, joined our company on February 2, 2004 as a member of our Advisory
      Board. For the past ten years, Mr. Ford has been President of Pinnacle Financial
      Services, Inc., a third party administrator for pension and profit sharing
      plans
      located in Lantana, Florida. Mr. Ford is a credentialed member of the American
      Society of Pension Actuaries and is actively involved in the South Florida
      Benefits Council.</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">Maureen
      O&#8217;Brien, 57, joined our company on February 2, 2004 as a member of our Advisory
      Board. Ms. O&#8217;Brien has worked as Executive Assistant at Pinnacle Financial
      Services, Inc. since April of 2002. From June 1996 to February 2002 worked
      as
      Marketing/Operations Manager specializing in start up ventures with Real
      Applications, Inc. and e-Portal Express.</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">Except
      for the transactions listed below, during the last two years, none of our
      directors, executive officers or principal shareholders, nor any associate
      or
      affiliate of the foregoing have any interest, direct or indirect, in any
      transaction, or in any proposed transactions, which has materially affected
      or
      will materially affect us.</font></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 align="left" style="width: 54pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              8.01</strong></font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Other
                Information</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><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
      August
      18, 2006, our former President John H. Simmons filed an amendment to Schedule
      13D (the &#8220;Amendment&#8221;) with the Securities and Exchange Commission (the &#8220;SEC&#8221;),
      which </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">mendment
      contained a number of inaccuracies and misrepresentations on the part of Mr.
      Simmons. Our discussion contained under this Item 8.01 is intended to address
      these inaccuracies and misrepresentations</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">In
      the
      Amendment, Mr. Simmons discloses that our Company refused to permit the exercise
      of his stock options. However, as of the filing date of the Amendment and as
      of
      the date of this Report, Mr. Simmons has not yet presented any notice of his
      election to exercise any stock options accompanied by payment for common stock
      shares issuable thereupon as is consistent with our historical corporate policy
      regarding exercise of options. As disclosed under Item 1.02, at the Annual
      Meeting of the Board of Directors, our Board of Directors concluded that the
      issuance of 1,900,000 options more than the options granted to the other members
      of our then Board of Directors was unduly excessive, unreasonable and unfair
      to
      our shareholders, and therefore resolved to void these options. However, our
      Board of Directors concluded that the issuance of 100,000 options to the other
      Directors and Mr. Simmons was fair and ratified such issuances. The discussion
      under Item 1.02 is incorporated herein by reference.</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">In
      addition, Mr. Simmons discloses in the Amendment that the issuance of the
      additional 1,900,000 stock options was approved by a vote of the shareholders.
      However, the issuance of options to our then Board of Directors was never
      presented to the shareholders for approval. Specifically, the Company&#8217;s proxy
      statement, dated June 29, 2004, as filed with the SEC on form 14A and
      distributed to our shareholders in connection with the Annual General Meeting
      for the 2004 fiscal year (the &#8220;2004 Proxy&#8221;), specifically requests shareholder
      approval for options granted to key employees and consultants. The 2004 Proxy
      does not request nor does it seek shareholder ratification with respect to
      options granted to Directors. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div>&#160;</div>
    </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">Further,
      in the Amendment, Mr. Simmons accuses the Company of refusing to repay
      indebtedness to him. We issued a promissory note to Mr. Simmons on June 16,
      2005, in the principal amount of $96,000, accruing interest at an annual rate
      of
      ten percent (10%) and payable quarterly. The Note matured on June 16, 206,
      and
      during the six months ended June 30, 2006, we repaid $47,880 of principal and
      $2,400 of interest. Our Management has taken the position that the remaining
      balance due Mr. Simmons under this note is fully offset by sums owed to us
      in
      connection with excessive and unauthorized expense reimbursements that were
      paid
      to Mr. Simmons while he was our President and CEO. In fact, Mr. Simmons himself
      provided our auditors with a list of expenses for which Mr. Simmons has admitted
      he was reimbursed for without proper authorization or such expenses were
      incurred not for a proper business purpose. </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">In
      the
      Amendment, Mr. Simmons also misrepresents that the Company attempted to
      wrongfully convert his stock certificates. Our Company does not have control
      or
      custody of any stock certificates belonging to Mr. Simmons, and therefore,
      could
      not convert Mr. Simmon&#8217;s stock certificates as alleged in the Amendment. We did,
      however, receive a notice of a pending claim against the shares owned by Mr.
      Simmons, and we properly informed our transfer agent of this information. The
      claim against Mr. Simmons was subsequently the basis of a lawsuit entitled
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Berger
      v. Simmons</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
      Case
      No. 06-CV-01652, filed on or about August 18, 2006 in the United States District
      Court for the District of Colorado. </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">Further,
      in the Amendment, Mr. Simmons accuses our Company of failing to disclose
      material information relating to our director nominees. All information relating
      to our director nominees as required by Schedule 14A was included in the Proxy
      Statement filed with the SEC and distributed to our shareholders. </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">Finally,
      in the Amendment, Mr. Simmons accuses the Company of removing him as our CEO.
      The truth of the matter is that Mr. Simmons voluntarily resigned as our
      President and CEO on May 17, 2006 and as a member of our Board of Directors
      on
      May 30, 2006. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></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">SIGNATURES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirement 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>
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            <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: ">ST.
              JOSEPH, INC.&#160;</font></td>
            <td colspan="2">&#160;</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: "><u>August
              30,
              2006</u></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: "><u>/S/GERALD
              MCILHARGEY</u></font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td colspan="2"><font style="FONT-FAMILY: " size="1">&#160;</font></td>
            <td align="left"><font size="2">Gerald McIlhargey, President and
              CEO</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td>&#160;</td>
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{"company-data": {"conformed-name": "ST JOSEPH INC", "cik": "0001177135", "assigned-sic": "7361", "irs-number": "470844532", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-49936", "film-number": "061064307"}, "business-address": {"street1": "4870 S. LEWIS", "street2": "SUITE 250", "city": "TULSA", "state": "OK", "zip": "74105", "phone": "918-742-1888"}, "mail-address": {"street1": "4870 S. LEWIS", "street2": "SUITE 250", "city": "TULSA", "state": "OK", "zip": "74105"}, "former-company": {"former-conformed-name": "ST JOSEPH ENERGY INC", "date-changed": "20020705"}}
U.S.
      SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
      D.C. 20549
__________________
FORM
      8-K
CURRENT
      REPORT
Pursuant
      to Section 13 or 15(d) of the Securities Act of 1934
Date
      of
      Report (Date of earliest event reported):
August
      24, 2006
Commission
      file number: 0-49936
ST.
      JOSEPH, INC.
(Exact
      name of Small Business Issuer as specified in its charter)
Colorado
CH
                47-0844532
(State
                or other jurisdiction of incorporation or organization)
(IRS
                Employer Identification Number)
4870
                S. Lewis, Suite 250 Tulsa, OK
74105
Address
                of Principal Executive Offices)
(Zip
                Code)
Issuer's
      telephone number, including area code:
(918)
      742-1888
------------------
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))
St.
      Joseph, Inc. ("we", "us" or the "Company") files this report on Form 8-K to
      report the following:
Item
              1.02
Termination
                of a Material Definitive
                Agreement
Between
      October 28, 2003 and March 23, 2004, our Board of Directors approved the grant
      of stock options to each of our then Directors, John H. Simmons, Bruce E.
      Schreiner, Kenneth L. Johnson, Dr. Milton Harbuck, Kimberly Samon, Gerald
      McIlhargey and Jerry Malone (each, an "Optionee") in consideration for services
      provided to our Company as Directors. Each option was exercisable immediately
      at
      the exercise price of $0.10 per share and expires on the tenth day after an
      Optionee's removal from our Board of Directors for reasons other than for a
      voluntary resignation. The Board of Directors approved the issuance of an
      aggregate of 2,600,000 options to our then directors, with each Director
      receiving 100,000 options, with the sole exception of Mr. Simmons, who received
      2,000,000 options, or 2,000% more then other the other Directors.
At
      the
      annual meeting of our Board of Directors on August 24, 2006, our Directors
      reviewed the options previously granted to the Optionees and after careful
      and
      exhaustive deliberation, concluded that the options granted to Mr. Simmons
      as
      consideration for providing the same directorial services as the other Optionees
      was not fair and reasonable to our shareholders. Specifically, our Board of
      Directors concluded that the amount of options granted to Mr. Simmons, which
      was
      2,000% more than the amount of options granted the other Optionees individually,
      and 333% more than the amount of options granted to the other Optionees in
      the
      aggregate was unduly excessive, unreasonable, and unfair to our shareholders.
      Therefore, our Board of Directors resolved to void 1,900,000 options previously
      granted to Mr. Simmons.
Pursuant
      to Section 7-108-501 of the Colorado Revised Statute, a transaction between
      a
      corporation and a director of the corporation is not void or voidable if (a)
      the
      director's interest is fully disclosed to disinterested directors and the
      transaction is approved by disinterested directors; (b) the director's interest
      is fully disclosed to the shareholders and the transaction is approved by the
      shareholder; or (c) the transaction is fair to the corporation. At the time
      that
      options were granted to the Optionees, there were no disinterested directors
      and
      no shareholder approval of the options was ever sought or received by the Board
      of Directors.
On
      the
      other hand, our Directors concluded that the grant of 100,000 options to each
      Optionee was fair and reasonable, and accordingly ratified the issuance of
      100,000 options to each Optionee, including Mr. Simmons.
To
      the
      extent that the issuance of the 1,900,000 options which have been voided by
      resolution of our Board of Directors is deemed fair, we may have contingent
      liability for cancelling Mr. Simmons' 1,900,000 options.
Item
              5.02
Departure
                of Directors or Principal Officers; Election of Directors; Appointment
                of
                Principal Officers.
At
      the
      Annual General Meeting of our shareholders held on August 24, 2006, our
      shareholders elected Gerald McIlhargey, Kenneth L. Johnson, Bruce Schreiner,
      Maureen O'Brien and Donal Ford as members of our Board of Directors. There was a
      total of 5,583,250 votes present in person or by proxy at the Annual General
      Meeting.
Following
      the Annual General Meeting, our newly elected Board of Directors appointed
      Gerald McIlhargey as our President and Chief Executive Officer, and Kenneth
      L.
      Johnson as our Secretary, Treasurer and Chief Financial Officer. Mr. McIlhargey
      was elected the Chairman of the Board of Directors.
Mr.
      Schreiner, Ms. O'Brien and Mr. Ford were appointed members of our Audit
      Committee. Mr. John, Mr. Schreiner and Mr. Ford were appointed members of our
      Compensation Committee.
Below
      are
      brief descriptions of the background and business experience for the past five
      years of each of our directors and executive officers.
Gerald
      McIlhargey, 58, has been a director of our company since March of 2004. Mr.
      McIlhargey was retired from July 2001 to February 2004. Mr. McIlhargey has
      over
      25 years experience in management consulting for public companies, including
      marketing, manufacturing, and financing. Mr. McIlhargey received a Bachelor
      of
      Education degree from Simon Fraser University in British Columbia, Canada,
      in
      1972.
Kenneth
      L. Johnson, 46, has been Secretary and Treasurer and a Director of our company
      since April of 2000. Mr. Johnson has also been Secretary and Treasurer and
      a
      Director of Stef*Tek Services, Inc. since December of 2003. In addition, for
      the
      past nine years, Mr. Johnson has been a senior support representative of College
      Bookstore Management System, a division of Nebraska Book Co., Inc. and a
      provider of point of sale and inventory control computer software to college
      bookstores. Mr. Johnson is involved with College Bookstore Management System's
      product development, customer support and training. Mr. Johnson graduated from
      Hastings College in 1085, earning a Bachelor of Art Degree in Business
      Administration.
Bruce
      E.
      Schreiner, CPA, 50, has been a Director of our company since October of 2003.
      Mr. Schreiner has also been a Director of Stef*Tek Services, Inc. since October
      of 2003. Mr. Schreiner is a partner in the accounting firm Schroeder &
Schreiner, P.C. Mr. Schreiner has been a Director of Sense Technologies, Inc.,
      since August 10, 1993 and the President and Chief Executive Officer of Sense
      Technologies since March 4, 2004. Mr. Schreiner is responsible for all financial
      matters customarily related to Sense's operations and serves as the general
      manger of Sense. Mr. Schreiner received a Bachelor of Arts Degree, from Hastings
      College in 1975, graduating magna cum laude, with majors in Economics and
      Business Administration with an emphasis in accounting. Mr. Schreiner has been
      a
      certified public accountant since November 1976, to the present. Mr. Schreiner
      is a member of the American Institute and Nebraska Society of Certified Public
      Accountants.
Donal
      K.
      Ford, 50, joined our company on February 2, 2004 as a member of our Advisory
      Board. For the past ten years, Mr. Ford has been President of Pinnacle Financial
      Services, Inc., a third party administrator for pension and profit sharing
      plans
      located in Lantana, Florida. Mr. Ford is a credentialed member of the American
      Society of Pension Actuaries and is actively involved in the South Florida
      Benefits Council.
Maureen
      O'Brien, 57, joined our company on February 2, 2004 as a member of our Advisory
      Board. Ms. O'Brien has worked as Executive Assistant at Pinnacle Financial
      Services, Inc. since April of 2002. From June 1996 to February 2002 worked
      as
      Marketing/Operations Manager specializing in start up ventures with Real
      Applications, Inc. and e-Portal Express.
Except
      for the transactions listed below, during the last two years, none of our
      directors, executive officers or principal shareholders, nor any associate
      or
      affiliate of the foregoing have any interest, direct or indirect, in any
      transaction, or in any proposed transactions, which has materially affected
      or
      will materially affect us.
Item
              8.01
Other
                Information
On
      August
      18, 2006, our former President John H. Simmons filed an amendment to Schedule
      13D (the "Amendment") with the Securities and Exchange Commission (the "SEC"),
      which
A
mendment
      contained a number of inaccuracies and misrepresentations on the part of Mr.
      Simmons. Our discussion contained under this Item 8.01 is intended to address
      these inaccuracies and misrepresentations
In
      the
      Amendment, Mr. Simmons discloses that our Company refused to permit the exercise
      of his stock options. However, as of the filing date of the Amendment and as
      of
      the date of this Report, Mr. Simmons has not yet presented any notice of his
      election to exercise any stock options accompanied by payment for common stock
      shares issuable thereupon as is consistent with our historical corporate policy
      regarding exercise of options. As disclosed under Item 1.02, at the Annual
      Meeting of the Board of Directors, our Board of Directors concluded that the
      issuance of 1,900,000 options more than the options granted to the other members
      of our then Board of Directors was unduly excessive, unreasonable and unfair
      to
      our shareholders, and therefore resolved to void these options. However, our
      Board of Directors concluded that the issuance of 100,000 options to the other
      Directors and Mr. Simmons was fair and ratified such issuances. The discussion
      under Item 1.02 is incorporated herein by reference.
In
      addition, Mr. Simmons discloses in the Amendment that the issuance of the
      additional 1,900,000 stock options was approved by a vote of the shareholders.
      However, the issuance of options to our then Board of Directors was never
      presented to the shareholders for approval. Specifically, the Company's proxy
      statement, dated June 29, 2004, as filed with the SEC on form 14A and
      distributed to our shareholders in connection with the Annual General Meeting
      for the 2004 fiscal year (the "2004 Proxy"), specifically requests shareholder
      approval for options granted to key employees and consultants. The 2004 Proxy
      does not request nor does it seek shareholder ratification with respect to
      options granted to Directors.
Further,
      in the Amendment, Mr. Simmons accuses the Company of refusing to repay
      indebtedness to him. We issued a promissory note to Mr. Simmons on June 16,
      2005, in the principal amount of $96,000, accruing interest at an annual rate
      of
      ten percent (10%) and payable quarterly. The Note matured on June 16, 206,
      and
      during the six months ended June 30, 2006, we repaid $47,880 of principal and
      $2,400 of interest. Our Management has taken the position that the remaining
      balance due Mr. Simmons under this note is fully offset by sums owed to us
      in
      connection with excessive and unauthorized expense reimbursements that were
      paid
      to Mr. Simmons while he was our President and CEO. In fact, Mr. Simmons himself
      provided our auditors with a list of expenses for which Mr. Simmons has admitted
      he was reimbursed for without proper authorization or such expenses were
      incurred not for a proper business purpose.
In
      the
      Amendment, Mr. Simmons also misrepresents that the Company attempted to
      wrongfully convert his stock certificates. Our Company does not have control
      or
      custody of any stock certificates belonging to Mr. Simmons, and therefore,
      could
      not convert Mr. Simmon's stock certificates as alleged in the Amendment. We did,
      however, receive a notice of a pending claim against the shares owned by Mr.
      Simmons, and we properly informed our transfer agent of this information. The
      claim against Mr. Simmons was subsequently the basis of a lawsuit entitled
Berger
      v. Simmons
,
      Case
      No. 06-CV-01652, filed on or about August 18, 2006 in the United States District
      Court for the District of Colorado.
Further,
      in the Amendment, Mr. Simmons accuses our Company of failing to disclose
      material information relating to our director nominees. All information relating
      to our director nominees as required by Schedule 14A was included in the Proxy
      Statement filed with the SEC and distributed to our shareholders.
Finally,
      in the Amendment, Mr. Simmons accuses the Company of removing him as our CEO.
      The truth of the matter is that Mr. Simmons voluntarily resigned as our
      President and CEO on May 17, 2006 and as a member of our Board of Directors
      on
      May 30, 2006.
SIGNATURES
Pursuant
      to the requirement 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.
ST.
              JOSEPH, INC.
August
              30,
              2006
By:
/S/GERALD
              MCILHARGEY
Gerald McIlhargey, President and
              CEO