================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                          -----------------------------

                                    FORM 8-K
                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                 Date of Report:

                        (Date of earliest event reported)

                               September 21, 2005

                          ----------------------------

                                 QORUS.COM, INC.
               (Exact name of registrant as specified in charter)


                                     Florida
         (State or other Jurisdiction of Incorporation or Organization)


           0-27551                                       65-0358792
    (Commission File Number)                 (IRS Employer Identification No.)

                            936A Beachland Boulevard,
                                    Suite 13
                              Vero Beach, FL 32963
                         (Address of Principal Executive
                              Offices and zip code)

                                 (772) 231-7544
                             (Registrant's telephone
                          number, including area code)

                                       N/A
          (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 registrant under any of the
following provisions:

[_]   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[_]   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
      CFR 240.14a-12(b))

[_]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[_]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

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<PAGE>


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

      Information  included  in  this  Form  8-K  may  contain   forward-looking
statements  within the meaning of Section 27A of the  Securities Act and Section
21E of the  Securities  Exchange Act of 1934, as amended (the  "Exchange  Act").
This  information may involve known and unknown risks,  uncertainties  and other
factors  which  may  cause  the  Company's   actual   results,   performance  or
achievements  to be materially  different  from future  results,  performance or
achievements   expressed   or   implied  by  any   forward-looking   statements.
Forward-looking statements, which involve assumptions and describe the Company's
future plans, strategies and expectations,  are generally identifiable by use of
the  words  "may,"  "will,"  "should,"   "expect,"   "anticipate,"   "estimate,"
"believe,"  "intend"  or  "project"  or the  negative  of  these  words or other
variations  on these  words or  comparable  terminology.  These  forward-looking
statements are based on assumptions  that may be incorrect,  and there can be no
assurance that these projections  included in these  forward-looking  statements
will come to pass.  The Company's  actual results could differ  materially  from
those  expressed  or implied by the  forward-looking  statements  as a result of
various factors.  Except as required by applicable laws, the Company  undertakes
no obligation to update publicly any forward-looking  statements for any reason,
even if new information becomes available or other events occur in the future.

Item 1.02 Termination of a Material Definitive Agreement

      Effective  September  21, 2005,  Qorus.com,  Inc.,  a Florida  corporation
("Qorus") terminated the Exchange Agreement (the "Agreement") dated as of August
11,  2005,  by and among Qorus,  Keating  Reverse  Merger Fund,  LLC, a Delaware
limited  liability company ("KRM Fund"),  Elwin Group Limited,  an International
Business Company incorporated in the British Virgin Islands ("Elwin"),  and each
of the Members of Elwin.  Qorus  terminated  the Agreement due to the failure of
the transactions  contemplated  thereunder to have been consummated by September
15, 2005.

      Under  the  terms of the  Agreement,  at the  closing,  Qorus  was to have
acquired all of the outstanding  capital stock and ownership  interests of Elwin
from the Elwin  Members and, in exchange,  Qorus was to have issued to the Elwin
Members  shares  of Series A  Convertible  Preferred  Stock,  which  would  have
represented  91% of the  outstanding  shares of Qorus' common stock  immediately
following the exchange transaction, on a fully diluted and as-converted basis.

      The  Agreement  does  not  provide  for  the  payment  of any  termination
penalties or fees as a result of the termination.

      Reference  is hereby made to the Current  Report on Form 8-K dated  August
11,  2005 filed by Qorus on August 18,  2005  announcing  the  execution  of the
Agreement,  which is hereby incorporated by reference. On August 24, 2005, Qorus
also filed with the SEC and mailed to its stockholders an Information  Statement
pursuant to Section 14(f) of the Securities  Exchange Act of 1934 and Rule 14f-1
promulgated thereunder ("Information  Statement") informing them of the proposed
change  of  control  of  Qorus  which  would  result  upon  the  closing  of the
transactions under the Agreement.  Due to the termination of the Agreement,  the
Information Statement is hereby superceded by this Current Report on Form 8-K.



<PAGE>


      Qorus is a "shell company" with nominal  assets,  whose sole business will
be to identify, evaluate and investigate various companies with the intent that,
if such investigation  warrants,  a reverse merger transaction be negotiated and
completed  pursuant  to which  Qorus  would  acquire  a target  company  with an
operating  business,  with the  intent  of  continuing  the  acquired  company's
business as a publicly held entity.





                                   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.



                                  Qorus.com, Inc.
                                  (Registrant)


Date: September 22, 2005          By: /s/ Kevin R. Keating
                                      --------------------------------------
                                      Kevin R. Keating, President and Secretary
{"company-data": {"conformed-name": "QORUS COM INC", "cik": "0001095691", "assigned-sic": "7389", "irs-number": "650358792", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27551", "film-number": "051097046"}, "business-address": {"street1": "190 S. LASALLE STREET", "street2": "SUITE 1710", "city": "CHICAGO", "state": "IL", "zip": "60603", "phone": "3124190077"}, "mail-address": {"street1": "190 S. LASALLE STREET", "street2": "SUITE 1710", "city": "CHICAGO", "state": "IL", "zip": "60603"}}
================================================================================

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                          -----------------------------

                                    FORM 8-K
                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                 Date of Report:

                        (Date of earliest event reported)

                               September 21, 2005

                          ----------------------------

                                 QORUS.COM, INC.
               (Exact name of registrant as specified in charter)

                                     Florida
         (State or other Jurisdiction of Incorporation or Organization)

           0-27551                                       65-0358792
    (Commission File Number)                 (IRS Employer Identification No.)

                            936A Beachland Boulevard,
                                    Suite 13
                              Vero Beach, FL 32963
                         (Address of Principal Executive
                              Offices and zip code)

                                 (772) 231-7544
                             (Registrant's telephone
                          number, including area code)

                                       N/A
          (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 registrant under any of the
following provisions:

[_]   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[_]   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
      CFR 240.14a-12(b))

[_]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[_]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

================================================================================
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

      Information  included  in  this  Form  8-K  may  contain   forward-looking
statements  within the meaning of Section 27A of the  Securities Act and Section
21E of the  Securities  Exchange Act of 1934, as amended (the  "Exchange  Act").
This  information may involve known and unknown risks,  uncertainties  and other
factors  which  may  cause  the  Company's   actual   results,   performance  or
achievements  to be materially  different  from future  results,  performance or
achievements   expressed   or   implied  by  any   forward-looking   statements.
Forward-looking statements, which involve assumptions and describe the Company's
future plans, strategies and expectations,  are generally identifiable by use of
the  words  "may,"  "will,"  "should,"   "expect,"   "anticipate,"   "estimate,"
"believe,"  "intend"  or  "project"  or the  negative  of  these  words or other
variations  on these  words or  comparable  terminology.  These  forward-looking
statements are based on assumptions  that may be incorrect,  and there can be no
assurance that these projections  included in these  forward-looking  statements
will come to pass.  The Company's  actual results could differ  materially  from
those  expressed  or implied by the  forward-looking  statements  as a result of
various factors.  Except as required by applicable laws, the Company  undertakes
no obligation to update publicly any forward-looking  statements for any reason,
even if new information becomes available or other events occur in the future.

Item 1.02 Termination of a Material Definitive Agreement

      Effective  September  21, 2005,  Qorus.com,  Inc.,  a Florida  corporation
("Qorus") terminated the Exchange Agreement (the "Agreement") dated as of August
11,  2005,  by and among Qorus,  Keating  Reverse  Merger Fund,  LLC, a Delaware
limited  liability company ("KRM Fund"),  Elwin Group Limited,  an International
Business Company incorporated in the British Virgin Islands ("Elwin"),  and each
of the Members of Elwin.  Qorus  terminated  the Agreement due to the failure of
the transactions  contemplated  thereunder to have been consummated by September
15, 2005.

      Under  the  terms of the  Agreement,  at the  closing,  Qorus  was to have
acquired all of the outstanding  capital stock and ownership  interests of Elwin
from the Elwin  Members and, in exchange,  Qorus was to have issued to the Elwin
Members  shares  of Series A  Convertible  Preferred  Stock,  which  would  have
represented  91% of the  outstanding  shares of Qorus' common stock  immediately
following the exchange transaction, on a fully diluted and as-converted basis.

      The  Agreement  does  not  provide  for  the  payment  of any  termination
penalties or fees as a result of the termination.

      Reference  is hereby made to the Current  Report on Form 8-K dated  August
11,  2005 filed by Qorus on August 18,  2005  announcing  the  execution  of the
Agreement,  which is hereby incorporated by reference. On August 24, 2005, Qorus
also filed with the SEC and mailed to its stockholders an Information  Statement
pursuant to Section 14(f) of the Securities  Exchange Act of 1934 and Rule 14f-1
promulgated thereunder ("Information  Statement") informing them of the proposed
change  of  control  of  Qorus  which  would  result  upon  the  closing  of the
transactions under the Agreement.  Due to the termination of the Agreement,  the
Information Statement is hereby superceded by this Current Report on Form 8-K.
Qorus is a "shell company" with nominal  assets,  whose sole business will
be to identify, evaluate and investigate various companies with the intent that,
if such investigation  warrants,  a reverse merger transaction be negotiated and
completed  pursuant  to which  Qorus  would  acquire  a target  company  with an
operating  business,  with the  intent  of  continuing  the  acquired  company's
business as a publicly held entity.

                                   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.

                                  Qorus.com, Inc.
                                  (Registrant)

Date: September 22, 2005          By: /s/ Kevin R. Keating
                                      --------------------------------------
                                      Kevin R. Keating, President and Secretary