UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of report (Date of earliest event reported): January 20, 2006

                      BLOODHOUND SEARCH TECHNOLOGIES, INC.
             (Exact name of Registrant as specified in its charter)

            Nevada                      000-29553                88-0492640
----------------------------          ------------           -------------------
(State or other jurisdiction          (Commission              (IRS Employer
       of incorporation)              File Number)           Identification No.)

                               2000 Thrasher Drive
                         Lake Havasu City, Arizona 86404
                    (Address of principal executive offices)

                                  770-519-0208
              (Registrant's Telephone Number, Including Area Code)


          -------------------------------------------------------------
          (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):

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

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

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

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


<PAGE>


SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On January 20, 2006, Bloodhound Search Technologies, Inc. ("Bloodhound") entered
into a License  Agreement  with Pekka  Tolonen  ("Licensor"),  pursuant to which
Licensor granted to Bloodhound a license to use and sublicense  certain software
and other materials as further described therein. The license permits Bloodhound
to  use,  including  sub-license,  the  licensed  materials  for  the  following
purposes:   (a)  the  provision  of  services  for  the  maintenance,   support,
installation, marketing, distribution, licensing, sublicensing, and customer and
technical support of the licensed materials;  (b) Bloodhound's internal use; and
(c) customization,  modification,  and additions to the licensed materials.  The
license is limited to the United States of America,  Canada,  Australia,  China,
and Hong Kong.

The  license  is for a  perpetual  term and is  irrevocable,  unless  terminated
earlier in accordance with the license  agreement.  The license agreement may be
terminated  by either  party at any time after  January  20,  2007 upon 60 days'
prior  written  notice if either (a) certain  services of the  Licensor  are not
utilized by at least ten customers of Bloodhound or (b) Bloodhound is not active
in  marketing,  providing,  or selling the services of Licensor for a continuous
period of more than six months.

In  consideration  for the  license,  Bloodhound  agreed  to issue  to  Licensor
1,500,000  shares of  Bloodhound's  common  stock.  The shares were  offered and
issued in reliance on an exemption from the registration  requirements of United
States federal and state  securities laws under  Regulation S promulgated  under
the  Securities  Act of 1933, as amended (the  "Securities  Act").  The Licensor
represented  to the Company that it is not a United States person (as defined in
Regulation  S) or an affiliate  (as defined in Rule 501(b) under the  Securities
Act) of the Company and is not  acquiring  the shares for the account or benefit
of a United States person. The Licensor further  represented that at the time of
the origination of contact  concerning the License Agreement and the date of the
execution and delivery of the License Agreement, the Licensor was outside of the
United States.

For all the terms and conditions of the License  Agreement,  reference is hereby
made to such  agreement  annexed  hereto as exhibit 10.1.  All  statements  made
herein  concerning  the  foregoing  agreement are qualified by reference to said
exhibit.

SECTION 3 - SECURITIES AND TRADING MARKETS

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

The disclosure set forth above under Item 1.01 (Entry into a Material Definitive
Agreement) is hereby incorporated by reference into this Item 3.02.


                                       2
<PAGE>


SECTION 9-FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a)   Financial Statements of business acquired. Not applicable

(b)   Pro forma financial information. Not applicable

(c)   Exhibits

Exhibit 10.1      License Agreement,  dated January 20, 2006, between Bloodhound
                  Search Technologies, Inc. and Pekka Tolonen


                                       3
<PAGE>

                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        BLOODHOUND SEARCH TECHNOLOGIES, INC.
                                        (Registrant)

                                        By: /s/ David Campbell
                                            ------------------------------------
                                        Name:   David Campbell
                                        Title:  Chief Executive Officer


Date:  January 20, 2006


                                       4
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UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of report (Date of earliest event reported): January 20, 2006

                      BLOODHOUND SEARCH TECHNOLOGIES, INC.
             (Exact name of Registrant as specified in its charter)

            Nevada                      000-29553                88-0492640
----------------------------          ------------           -------------------
(State or other jurisdiction          (Commission              (IRS Employer
       of incorporation)              File Number)           Identification No.)

                               2000 Thrasher Drive
                         Lake Havasu City, Arizona 86404
                    (Address of principal executive offices)

                                  770-519-0208
              (Registrant's Telephone Number, Including Area Code)

          -------------------------------------------------------------
          (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):

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

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

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

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On January 20, 2006, Bloodhound Search Technologies, Inc. ("Bloodhound") entered
into a License  Agreement  with Pekka  Tolonen  ("Licensor"),  pursuant to which
Licensor granted to Bloodhound a license to use and sublicense  certain software
and other materials as further described therein. The license permits Bloodhound
to  use,  including  sub-license,  the  licensed  materials  for  the  following
purposes:   (a)  the  provision  of  services  for  the  maintenance,   support,
installation, marketing, distribution, licensing, sublicensing, and customer and
technical support of the licensed materials;  (b) Bloodhound's internal use; and
(c) customization,  modification,  and additions to the licensed materials.  The
license is limited to the United States of America,  Canada,  Australia,  China,
and Hong Kong.

The  license  is for a  perpetual  term and is  irrevocable,  unless  terminated
earlier in accordance with the license  agreement.  The license agreement may be
terminated  by either  party at any time after  January  20,  2007 upon 60 days'
prior  written  notice if either (a) certain  services of the  Licensor  are not
utilized by at least ten customers of Bloodhound or (b) Bloodhound is not active
in  marketing,  providing,  or selling the services of Licensor for a continuous
period of more than six months.

In  consideration  for the  license,  Bloodhound  agreed  to issue  to  Licensor
1,500,000  shares of  Bloodhound's  common  stock.  The shares were  offered and
issued in reliance on an exemption from the registration  requirements of United
States federal and state  securities laws under  Regulation S promulgated  under
the  Securities  Act of 1933, as amended (the  "Securities  Act").  The Licensor
represented  to the Company that it is not a United States person (as defined in
Regulation  S) or an affiliate  (as defined in Rule 501(b) under the  Securities
Act) of the Company and is not  acquiring  the shares for the account or benefit
of a United States person. The Licensor further  represented that at the time of
the origination of contact  concerning the License Agreement and the date of the
execution and delivery of the License Agreement, the Licensor was outside of the
United States.

For all the terms and conditions of the License  Agreement,  reference is hereby
made to such  agreement  annexed  hereto as exhibit 10.1.  All  statements  made
herein  concerning  the  foregoing  agreement are qualified by reference to said
exhibit.

SECTION 3 - SECURITIES AND TRADING MARKETS

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

The disclosure set forth above under Item 1.01 (Entry into a Material Definitive
Agreement) is hereby incorporated by reference into this Item 3.02.

                                       2
SECTION 9-FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a)   Financial Statements of business acquired. Not applicable

(b)   Pro forma financial information. Not applicable

(c)   Exhibits

Exhibit 10.1      License Agreement,  dated January 20, 2006, between Bloodhound
                  Search Technologies, Inc. and Pekka Tolonen

                                       3
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.

                                        BLOODHOUND SEARCH TECHNOLOGIES, INC.
                                        (Registrant)

                                        By: /s/ David Campbell
                                            ------------------------------------
                                        Name:   David Campbell
                                        Title:  Chief Executive Officer

Date:  January 20, 2006

                                       4