UNITED STATES 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): July 31, 2005 SPARTA COMMERCIAL SERVICES, INC. (Exact name of registrant as specified in its charter) NEVADA 0-9483 95-3502207 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 462 Seventh Avenue, 20th Floor, New York, NY 10018 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 239-2666 Not applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425). [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12). [ ] Pre-commencement communications pursuant to Rule 14d-2(d) under the Exchange Act (17 CFR 240.14d-2(d)). [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.313e-4(c)). Section 5 - Corporate Governance and Management Item 5.02 Department of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On July 31, 2005, the Company chose to end its relationship with Michael Mele, who had been serving as the Company's chief financial officer. The Company and Mr. Mele, who was working on an at-will basis, were unable to come to mutually agreeable terms for his continued employment. The Company is conducting a search for a permanent chief financial officer. In the meantime, the duties of the position will be shared by a number of senior executives within the company. 2 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. SPARTA COMMERCIAL SERVICES, INC. Date: August 3, 2005 By: /s/ Anthony L. Havens --------------------------------- Anthony L. Havens, President 3