UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities and Exchange Act of 1934
Date
of
Report (Date of earliest reported): January 25, 2007
(Exact
name of registrant as specified in charter)
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Nevada
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333-54822
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22-3762832
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(State
or Other Jurisdiction of Incorporation or Organization)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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16801
Addison Road, Suite 310, Addison, Texas 75001
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code: (214) 866-0606
Copies
to:
Gregory
Sichenzia, Esq.
Stephen
M.
Fleming, Esq.
Sichenzia
Ross Friedman Ference LLP
1065
Avenue of the Americas
New
York,
New York 10018
Phone:
(212) 930-9700
Fax:
(212)
930-9725
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):
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM
1.03. BANKRUPTCY
OR RECEIVERSHIP.
On
January 25, 2007, Stronghold Technologies, Inc. (the “Subsidiary”), a New Jersey
corporation and a wholly owned subsidiary of Dealeradvance, Inc., filed a
voluntary petition for relief under Chapter 7 of the United States Bankruptcy
Code in the United States Bankruptcy Court for the Northern District of Texas,
Case No. 07-30322-sgj7. In connection with the filing, the Subsidiary has ceased
all business activity and operations. The Subsidiary determined that it does
not
have sufficient resources to continue its operations. The
court has appointed a bankruptcy trustee who will be responsible for
the liquidation of the business through the bankruptcy case.
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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DEALERADVANCE
INC. |
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| Date:
February 7, 2007 |
By: |
/s/Steven
Humphries |
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Name:
Steven Humphries
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Title:
CEO
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