Forest Resources Management Corp – ‘8-K’ for 8/4/06

On:  Wednesday, 8/9/06, at 4:19pm ET   ·   For:  8/4/06   ·   Accession #:  1096906-6-793   ·   File #:  1-16181

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Forest Resources Mgmt 8-K                              3     12K 
 2: EX-99.1     Miscellaneous Exhibit                                 18     73K 

8-K   —   Forest Resources Mgmt 8-K
Document Table of Contents

8-K
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================================================================================

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

------------------------

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
 SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported:  August 4, 2006
                                                  --------------

FOREST RESOURCES MANAGEMENT CORP.   
(Formerly Executive Hospitality Corp.)    
------------------------------------------------------------------------------- 
(Exact Name of Registrant As Specified In Its Charter)

DELAWARE                  001-16181                     22-2946374
--------------------------------------------------------------------------------
(State of Jurisdiction          (Commission                  (IRS Employer      
  of Incorporation)            File Number)             Identification Number)

 5447 NW 42nd Ave, Boca Raton, FL                        33496
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                  (Zip Code)

Registrant's telephone number, including area code:   (561) 995-4625            
                                                      --------------------------

8-K
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  The following current report under Section 13 or 15(d) of the Securities
Exchange Act of 1934 is filed pursuant to Rule 13a-ll or Rule 15d-11:           

ITEM 1.01    ENTRY INTO MATERIAL DEFINITIVE AGREEMENTS                          

 On August 7, 2006, the Registrant entered into a Share Exchange
Agreement with Opus Asset Management Group, Inc. Pursuant to this Agreement,    
which will be a tax-free transaction under Section 368(a) of the Internal       
Revenue Code of 1986, as amended, the Registrant will issue 20,000,000 shares of
its reverse-split common stock, $0.001 par value, in exchange for all of the    
outstanding shares of common stock of Opus.                                     

 Opus, through its Valcor Holdings, Inc. subsidiary, is a forest
management and logging company with extensive property rights to forestland     
located in Nicaragua, which after Brazil has the largest rain forests in the    
Western Hemisphere. These forests are primarily comprised of rare and exotic    
hardwood growths such as mahogany and rosewood.                                 

         Valcor's goal is to become Central and South America's leading producer
of high-quality, environmentally sustainable forest products. The Company plans 
to accomplish this objective by combining its existing cutting, milling, and    
logistic operations with an aggressive reforestation program calculated not just
to preserve but improve its vital natural resource base.                        

ITEM 5.03    AMENDMENT TO ARTICLES OF INCORPORATION                             

         On August 7, 2006, the Registrant amended its Articles of Incorporation
with the State of Delaware to change its name to "Forest Resources Management   
Corp.". The change of name, which will be effective at the opening of trading on
August 8, 2006, had previously been approved by holders of a majority of the    
shares of Common Stock acting upon written consent in accordance with the       
requirements of Delaware corporation law.                                       

ITEM 8.01:   OTHER EVENTS                                                       

       Effective at the opening of trading on August 8, 2006, the Registrant
completed a reverse split of its Common Stock. Each shareholder of the          
Registrant on that date will receive one (1) new share of Common Stock, $.001   
par value, for each one hundred (100) shares of existing Common Stock, $.001 par
value. Fractional shares will be rounded up to the next whole share. There is no
mandatory exchange of certificates.                                             

Item 9.01.   Financial Statements and Exhibits.                                 

(d) Exhibits.                                         

Exhibit No.  Description of Exhibit                   

     99.1         SHARE EXCHANGE AGREEMENT dated August 4, 2006.

                                                                               2

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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.                                           

DATED: August 7, 2006          FOREST RESOURCES MANAGEMENT CORP.                

                By:/S/ CHAIM JUSTMAN
              ------------------
     President

                                                                               3

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Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		8/9/06							None on these Dates
		8/8/06		2
		8/7/06		2		3
For Period End:		8/4/06		1		2
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