Item 1.01 above.

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.



(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.

Not applicable.

(b) PRO FORMA FINANCIAL INFORMATION.

Not applicable.

(c) EXHIBITS.
Exhibit
Number
Description
 
 
10.1 *
Investment Agreement, dated as of May 30, 2006, by and between USCorp and Dutchess Private Equities Fund, L.P.
10.2 *
Registration Rights Agreement, dated as of May 30, 2006, by and between USCorp and Dutchess Private Equities Fund, L.P.

* Filed herewith
 
 
 
 


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.

 
  USCORP
Date: June 1 , 2006
By: /s/ Robert Dultz
Robert Dultz
Chairman and Chief Executive Officer