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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>SECURITIES
      AND EXCHANGE COMMISSION</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>WASHINGTON,
      D.C. 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: 10pt; 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</strong></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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      TO SECTION 13 OR 15(d) of the</strong></font></div>
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      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">&#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">__________________</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="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
      Report: February 11, 2006</font></div>
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      Capital Corp.</u></strong></font></div>
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                North Post Oak Lane, Houston, Texas</u></strong></font></div>
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                telephone number, including area code:</font></div>
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                621-2737</u></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><u>Not
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      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></div>
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            <td style="width: 36pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
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                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)</font></div>
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                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
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    <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 id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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    <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"><strong>Item
      1.01. Entry into a Material Definitive Agreements.</strong></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 id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      February 11, 2006, Corporate Strategies, Inc. (&#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>CSI</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8221;),
      a
      Delaware corporation and the wholly-owned and chief operating subsidiary of
      Emerge Captial Corp. (the &#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Registrant</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8221;),
      entered into that certain Securities Purchase Agreement with Elite Flight
      Solutions, Inc., a Delaware corporation (&#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Elite</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8221;),
      effective as of December 31, 2005, pursuant to which Elite purchased from CSI
      (a) 1,000 shares of the issued and outstanding Class A common stock of AIM
      American Mortgage, Inc., a Texas corporation (&#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>AIM</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8221;),
      representing approximately eighty-five percent (85%) of the issued and
      outstanding common stock of AIM and (b) 554.57262 shares of Series A Preferred
      stock of AIM, representing one hundred percent (100%) of the issued and
      outstanding preferred stock of AIM. Elite purchased the shares of AIM Class
      A
      common stock and Series A Preferred stock referenced above in consideration
      of
      the issuance to CSI of a secured convertible debenture in the principal amount
      of $500,000. The secured convertible debenture is due and payable on December
      31, 2010 and accrues interest at twelve percent (12%) per year. The holder
      may
      convert the secured convertible debenture, at its option, at a price per share
      equal to the lower of (i) $0.0004 or (ii) eighty percent (80%) of lowest closing
      bid price for forty-five (45) trading days immediately preceeding the date
      of
      conversion. The secured convertible debenture is secured by substantially all
      of
      the assets of Elite. In addition, at closing, Elite deposited $50,000 into
      the
      operating account of AIM to serve as working capital. Further, Elite agreed
      to
      register the shares of Elite Class A common stock underlying the secured
      convertible debenture, and Elite entered into a Joinder Agreement dated as
      of
      December 31, 2005 pursuant to which Elite agreed to become a party to that
      certain AIM Buy-Sell Agreement.</font></div>
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    <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"><strong>Item
      3.02. Unregistered Sale of Equity Securities.</strong></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: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">See
      Item
      1.01 above. </font></div>
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    <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"><strong>Item
      9.01. Financial Statements and Exhibits.</strong></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: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
      Not
      applicable</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: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
      Not
      applicable</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: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
      Exhibit No. Description:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="justify" valign="bottom" width="10%">
              <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>Exhibit</strong></font></div>
            </td>
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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"><strong>Description</strong></font></div>
            </td>
            <td width="2%">&#160;</td>
            <td align="justify" valign="bottom" width="18%">
              <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>Location</strong></font></div>
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            <td align="justify" valign="top" width="10%">&#160;</td>
            <td align="justify" valign="top" width="70%">&#160;</td>
            <td width="2%">&#160;</td>
            <td align="justify" valign="top" width="18%">&#160;</td>
          </tr>
          <tr>
            <td align="justify" valign="top" width="10%">
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                10.1</font></div>
            </td>
            <td align="justify" valign="top" width="70%">
              <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">Securities
                Purchase Agreement, dated as of February 11, 2006, which is effective
                as
                of December 31, 2005, by and between Elite Fight Solutions, Inc.
                and
                Corporate Strategies, Inc.</font></div>
            </td>
            <td width="2%">&#160;</td>
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                Rights Agreement, dated as of February 11, 2006, which is effective
                as of
                December 31, 2005 by and between Elite Flight Solutions, Inc. and
                Corporate Strategies, Inc.</font></div>
            </td>
            <td width="2%">&#160;</td>
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                herewith</font></div>
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            <td align="justify" valign="top" width="10%">&#160;</td>
            <td align="justify" valign="top" width="70%">&#160;</td>
            <td width="2%">&#160;</td>
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                Convertible Debenture, dated as of February 11, 2006, which is effective
                as of December 31, 2005, issued to Corporate Strategies,
                Inc.</font></div>
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            <td width="2%">&#160;</td>
            <td align="justify" valign="top" width="18%">
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                herewith</font></div>
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            <td align="justify" valign="top" width="10%">&#160;</td>
            <td align="justify" valign="top" width="70%">&#160;</td>
            <td width="2%">&#160;</td>
            <td align="justify" valign="top" width="18%">&#160;</td>
          </tr>
          <tr>
            <td align="justify" valign="top" width="10%">
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            <td align="justify" valign="top" width="70%">
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                Agreement, dated as of February 11, 2006, which is effective as of
                December 31, 2005, between Elite Flight Solutions, Inc. and Corporate
                Strategies, Inc.</font></div>
            </td>
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            <td align="justify" valign="top" width="18%">
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                herewith</font></div>
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            <td align="justify" valign="top" width="10%">&#160;</td>
            <td align="justify" valign="top" width="70%">&#160;</td>
            <td width="2%">&#160;</td>
            <td align="justify" valign="top" width="18%">&#160;</td>
          </tr>
          <tr>
            <td align="justify" valign="top" width="10%">
              <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">Exhibit
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            <td align="justify" valign="top" width="70%">
              <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">Joinder
                Agreement, dated as of February 11, 2006, which is effective as of
                December 31, 2005 by Elite Flight Solutions, Inc.</font></div>
            </td>
            <td width="2%">&#160;</td>
            <td align="justify" valign="top" width="18%">
              <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">Provided
                herewith</font></div>
            </td>
          </tr>
          <tr>
            <td align="justify" valign="top" width="10%">&#160;</td>
            <td align="justify" valign="top" width="70%">&#160;</td>
            <td width="2%">&#160;</td>
            <td align="justify" valign="top" width="18%">&#160;</td>
          </tr>
          <tr>
            <td align="justify" valign="top" width="10%">
              <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">Exhibit
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            <td align="justify" valign="middle" width="18%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Provided
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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>SIGNATURES</strong></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: 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: 36pt; 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">&#160;</div>
    <div>
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          <tr>
            <td align="left" valign="top" width="40%">
              <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">Date:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">February
                27, 2006</font></div>
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                CAPITAL CORP.</strong></font></div>
            </td>
          </tr>
          <tr>
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            <td align="left" valign="top" width="40%">&#160;</td>
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                Timothy J. Connolly</u></font></div>
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{"company-data": {"conformed-name": "Emerge Capital Corp", "cik": "0001009802", "assigned-sic": "6500", "irs-number": "223387630", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28606", "film-number": "06649881"}, "business-address": {"street1": "109 N. POST OAK LANE", "street2": "SUITE 422", "city": "HOUSTON", "state": "TX", "zip": "77024", "phone": "(713) 621-2737"}, "mail-address": {"street1": "109 N. POST OAK LANE", "street2": "SUITE 422", "city": "HOUSTON", "state": "TX", "zip": "77024"}, "former-company": {"former-conformed-name": "NUWAVE TECHNOLOGIES INC", "date-changed": "19960403"}}
SECURITIES
      AND EXCHANGE COMMISSION
WASHINGTON,
      D.C. 20549
__________________
FORM
      8-K
CURRENT
      REPORT
PURSUANT
      TO SECTION 13 OR 15(d) of the
SECURITIES
      EXCHANGE ACT OF 1934
__________________
Date
      of
      Report: February 11, 2006
Emerge
      Capital Corp.
(Exact
      Name of Registrant as Specified in Charter)
Delaware
02-28606
22-3387630
(State
                or other jurisdiction of incorporation)
(Commission
                File Number)
(IRS
                Employer Identification No.)
109
                North Post Oak Lane, Houston, Texas
77024
(Address
                of principal executive offices)
(Zip
                code)
Registrant's
                telephone number, including area code:
(713)
                621-2737
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:
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 13c-4(c) under the Exchange
                Act (17 CFR 240.13e-4(c))
Item
      1.01. Entry into a Material Definitive Agreements.
On
      February 11, 2006, Corporate Strategies, Inc. ("
CSI
"),
      a
      Delaware corporation and the wholly-owned and chief operating subsidiary of
      Emerge Captial Corp. (the "
Registrant
"),
      entered into that certain Securities Purchase Agreement with Elite Flight
      Solutions, Inc., a Delaware corporation ("
Elite
"),
      effective as of December 31, 2005, pursuant to which Elite purchased from CSI
      (a) 1,000 shares of the issued and outstanding Class A common stock of AIM
      American Mortgage, Inc., a Texas corporation ("
AIM
"),
      representing approximately eighty-five percent (85%) of the issued and
      outstanding common stock of AIM and (b) 554.57262 shares of Series A Preferred
      stock of AIM, representing one hundred percent (100%) of the issued and
      outstanding preferred stock of AIM. Elite purchased the shares of AIM Class
      A
      common stock and Series A Preferred stock referenced above in consideration
      of
      the issuance to CSI of a secured convertible debenture in the principal amount
      of $500,000. The secured convertible debenture is due and payable on December
      31, 2010 and accrues interest at twelve percent (12%) per year. The holder
      may
      convert the secured convertible debenture, at its option, at a price per share
      equal to the lower of (i) $0.0004 or (ii) eighty percent (80%) of lowest closing
      bid price for forty-five (45) trading days immediately preceeding the date
      of
      conversion. The secured convertible debenture is secured by substantially all
      of
      the assets of Elite. In addition, at closing, Elite deposited $50,000 into
      the
      operating account of AIM to serve as working capital. Further, Elite agreed
      to
      register the shares of Elite Class A common stock underlying the secured
      convertible debenture, and Elite entered into a Joinder Agreement dated as
      of
      December 31, 2005 pursuant to which Elite agreed to become a party to that
      certain AIM Buy-Sell Agreement.
Item
      3.02. Unregistered Sale of Equity Securities.
See
      Item
      1.01 above.
Item
      9.01. Financial Statements and Exhibits.
(a)
      Not
      applicable
(b)
      Not
      applicable
(c)
      Exhibit No. Description:
Exhibit
Description
Location
Exhibit
                10.1
Securities
                Purchase Agreement, dated as of February 11, 2006, which is effective
                as
                of December 31, 2005, by and between Elite Fight Solutions, Inc.
                and
                Corporate Strategies, Inc.
Provided
                herewith
Exhibit
                10.2
Registration
                Rights Agreement, dated as of February 11, 2006, which is effective
                as of
                December 31, 2005 by and between Elite Flight Solutions, Inc. and
                Corporate Strategies, Inc.
Provided
                herewith
Exhibit
                10.3
Secured
                Convertible Debenture, dated as of February 11, 2006, which is effective
                as of December 31, 2005, issued to Corporate Strategies,
                Inc.
Provided
                herewith
Exhibit
                10.4
Security
                Agreement, dated as of February 11, 2006, which is effective as of
                December 31, 2005, between Elite Flight Solutions, Inc. and Corporate
                Strategies, Inc.
Provided
                herewith
Exhibit
                10.5
Joinder
                Agreement, dated as of February 11, 2006, which is effective as of
                December 31, 2005 by Elite Flight Solutions, Inc.
Provided
                herewith
Exhibit
                10.6
Press
              Release
Provided
              herewith
2
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.
Date:
February
                27, 2006
EMERGE
                CAPITAL CORP.
By:
/s/
                Timothy J. Connolly
Name:
Timothy
                J. Connolly
Its:
Chief Executive Officer and
                Director
3