Item
8.01: Other Events
August
18, 2008 – Vestin Realty Mortgage II, Inc., (the “Company”) through its Manager,
Vestin Mortgage, Inc., issued a press release announcing that a special
committee of the Company’s Board of Directors, consisting solely of the
independent directors, authorized the Company to make repurchases of the
Company's common stock pursuant to the Repurchase Program that do not comply
with all of the requirements of the safe harbor provided by SEC Rule
10b-18. The Company will implement measures that are designed to
prevent its repurchases from having a manipulative effect upon the price of its
common stock. A copy of the press release is furnished as Exhibit
99.1 to this report.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
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Exhibit
No.
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Description
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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.
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VESTIN
REALTY MORTGAGE II, INC.
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By
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Vestin
Mortgage, Inc., its sole manager
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Date: August
19, 2008
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By
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/s/
Rocio Revollo
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Rocio
Revollo
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Chief
Financial Officer
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