On May 30, 2006, the common shares of International Sports and Media Group, Inc. (the “Company”) were deemed effective for quotation on the Over-the-Counter-Bulletin Board by the National Association of Securities Dealers. The Company’s common shares, which were previously quoted on the OTC Pink Sheets, will now be quoted under the ticker symbol ISMG.OB.

The Company was delisted from the Over-the-Counter-Bulletin Board in December of 2005 after it failed to file the required reports with the Securities and Exchange Commission. The Company’s common shares continued to be available for trading under the ticker symbol of ISMG.PK on the OTC Pink Sheets.  On March 16, 2006, the Company’s filings became current in compliance with the Securities and Exchange Commission and the Company reapplied for a listing on the Over-the-Counter-Bulletin Board and the Company’s common shares have now been cleared and deemed effective for trading back on the Over-the-Counter-Bulletin Board on May 31, 2006.

Item 9.01. Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro Forma Financial Information.

Not applicable.

(c) Exhibits.

Not applicable.

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.


INTERNATIONAL SPORTS AND MEDIA GROUP, INC.