Item 8.01 Other Events.

On March 7, 2008, Commerce Planet, Inc. (the "Company") received a Notice of Civil Investigative Demand (the "Notice") from the United States Federal Trade Commission (the "FTC") for the production of documentation and a request for responses to written interrogatories. The Notice relates to a demand for information being conducted by the FTC to determine whether the Company may have been engaged since 2004 in the improper use of e-mails, metatags, computer code or programs, or unfair trade practices involving Internet-related goods or services in potential violation of Sections 5 or 12 of the Federal Trade Commission Act, as amended.

The Company does not believe that its prior activities violated the Federal Trade Commissions Act, and believes that similar notices were sent by the FTC to other providers of online marketing and e-commerce services. The Company intends to fully cooperate with the Notice and the FTC's investigation.

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses acquired.

Not applicable.

(b) Pro forma financial information.

Not applicable.

(c) Shell company transactions.

Not applicable.

(d) Exhibits.

None.

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