UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 ORor 15(Dd) OFof ~~THE~~the Securities Exchange Act of 1934

~~SECURITIES~~Date ~~EXCHANGE~~of ~~ACT~~Report OF(Date ~~1934~~of Earliest Event Reported): July 7, 2010 (June 18, 2010)

~~January 20~~VALUERICH, ~~2010 Date of Report (Date of earliest event reported)~~INC.

~~VALUERICH, INC.~~ (Exact name of registrant as specified in its charter)

Delaware	000-52404	41-2102385
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

1804 N. Dixie Highway, Suite A, West Palm Beach, FL 33407 ~~(Address of principal executive offices) (Zip Code)~~

(~~561)~~Address ~~370-3617 (Exact name~~ of ~~registrant~~Principal asExecutive ~~specified in its charter~~Offices)

NA (~~Former name or former address, if changed since last report~~561) 370-3617

~~Check~~(Registrant's ~~the~~Telephone ~~appropriate~~Number, ~~box~~Including ~~below~~Area ~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~Code)

oCheck ~~Written~~the ~~communications~~appropriate ~~pursuant~~box tobelow ~~Rule~~if ~~425 under~~ the ~~Securities~~Form ~~Act~~8-K ~~(17~~filing ~~CFR~~is ~~230.425)~~intended ~~o Soliciting material pursuant~~ to ~~Rule~~simultaneously ~~14a-12~~satisfy ~~under~~ the ~~Exchange~~filing ~~Act~~obligation ~~(17~~of ~~CFR~~the ~~240.14a-12)~~registrant ounder ~~Pre-commencement~~any ~~communications~~of ~~pursuant to Rule 14d-2(b) under~~ the ~~Exchange~~following ~~Act~~provisions (17see ~~CFR~~General ~~240~~Instruction A.~~14d-~~2~~(b)~~. ~~o Pre-commencement communications pursuant to Rule 13e-4(c~~below) ~~under the Exchange Act (17 CFR 240.13e-4(c)~~:

~~Item~~o ~~1.01~~Written ~~Entry~~communications ~~into~~pursuant ato ~~Material~~Rule ~~Definitive~~425 ~~Agreement~~under the Securities Act (17 CFR 230.425)

Ono ~~January~~Soliciting ~~20,~~material ~~2010,~~pursuant ~~VR Preserve Development, LLC (the “VR P”), Our wholly owned subsidiary acquired certain assets related~~ to ~~the~~Rule ~~Tesoro Preserve Development located in Port St. Lucie, Florida, (“the Development”) from an unaffiliated third party. Tesoro Preserve Development is a private 341~~14a-~~acre~~12 ~~community~~under ~~with 440 individual home sites of real property located on~~ the ~~St.~~Exchange ~~Lucie~~Act ~~River~~(17 inCFR ~~Port St~~240. ~~Lucie County, Florida.~~14a-12)

~~Included~~o inPre-commencement ~~the~~communications ~~asset~~pursuant ~~purchase~~to ~~was~~Rule ~~six (6) waterfront single~~14d-~~family residential lots, seventy-six~~ 2(76b) single family residential lots, approximately seven (7) acre commercially zoned parcel, and certain related Appurtenances, Improvements, Personal Property, Intangible Property, Assigned Agreements, Leases, Interests as Declarant under the ~~Master~~ ~~Declaration,~~Exchange ~~and~~Act ~~Association Rights as defined in the Contract for Sale and Purchase~~ (~~Tesoro~~17 ~~Preserve)~~CFR ~~(the “Contact”) dated December 31, 2009 between Ginn-La Wilderness Ltd~~240.~~, LLL and Seaboard Home Building, Corp.~~ 14d-2(~~the “Assignor”~~b)~~, which was assigned to the Company pursuant to an Assignment of Contract (the “Assignment”~~) that it entered into with the Assignor. As Declarant of the Development, the Company has the right to require homebuilders to enter into Developer’s Homebuilding Royalty Agreements with the Company entitling the Company to certain development fees as defined in the agreements. As consideration for the acquisition, the Company paid $250,000 in cash.

~~The~~o ~~Assignment~~Pre-commencement ~~provides~~communications ~~that~~pursuant ~~the Company will have complete management control and receive all proceeds from the sale of the lots described above and obligates the Company~~ to ~~fund~~Rule ~~all~~13e-4(c) ~~monies required to be paid and expended~~ under the ~~Contract,~~Exchange ~~including~~Act ~~the~~(17 ~~expenses~~CFR ~~described in the next paragraph~~240. The Assignment also provides that the Company will pay the Assignor its due diligence expenses incurred to date, $135,000 at closing and that the Assignor will receive 600,000 shares of our common stock. In addition, the Assignor will retain control of the builder’s program, have the exclusive right to do the infrastructure work that remains to be completed at Tesoro Preserve and will and equally split any royalties with the Company.13e-4(c)

AsItem ~~additional~~5.07. Submission ~~consideration~~of ~~for~~Matters ~~the purchase, the Company entered into a Development Agreement under which it agreed~~ to ~~complete certain development work as defined in the Development Agreement, including construction of~~ a ~~social~~Vote ~~club, installation~~ of ~~infrastructure,~~Security ~~and the design and construction of an entrance to the Development~~Holders. As required by the Development Agreement, the Company deposited approximately $1,400,000 that was lent to it from us with an escrow agent representing the estimated costs to complete the work under the Development Agreement.

~~The~~On ~~aforementioned~~June ~~descriptions~~18, ~~are~~2010, ~~qualified~~ValueRich, inInc. ~~their~~(the ~~entirety~~“Company”) byheld ~~reference~~an toannual ~~the~~meeting ~~complete~~of ~~terms~~its shareholders at which a majority of the ~~agreements,~~Company’s ~~copies~~shareholders elected three directors and ratified the appointment of ~~which~~Chisholm, ~~are~~Bierwolf ~~included~~& Nilson, LLC as ~~exhibits~~the ~~listed~~Company’s inindependent ~~item~~accountants ~~9.01~~for ~~below~~the fiscal year ending December 31, 2010.

~~Item~~The ~~3.02~~following ~~Unregistered~~table ~~Sales~~sets forth the matters voted upon at the annual meeting and the results of ~~Equity~~the ~~Securities~~voting on each matter voted upon:

In connection with the acquisition described above, we issued 600,000 shares of our common stock to the Assignor in a private placement as partial consideration for the assignment. The offering and sale of the common stock qualified for exemption under Section 4(2) of the Securities Act of 1933, as amended (“the Act”), since the issuance by us did not involve a public offering. This offering was done with no general solicitation or advertising by us. The offering was not a public offering as defined in Section 4(2) because the offer was made to an insubstantial number of persons and because of the manner of the offering. In addition, the investor had the necessary investment intent as required by Section 4(2) since it agreed to, and received, share certificates bearing a legend stating that such shares are restricted. This restriction ensures that these shares will not be immediately redistributed into the market and therefore not part of a public offering. Based on the analysis of the above factors, we have met the requirements to qualify for exemption under Section 4(2) of the Act for this transaction.

Matter Voted Upon	Votes For		Withheld		Votes Against		Abstentions		Broker Non-Votes
Election of Joseph Visconti to the Company’s Board of Directors		4,706,207		-		-		34,500		863,627
Election of David Lemoie to the Company’s Board of Directors		4,706,207		-		-		34,500		863,627
Election of Philip Verges to the Company’s Board of Directors		4,706,207		-		-		34,500		863,627
Ratification of the appointment of Chisholm, Bierwolf & Nilson, LLC as the Company’s independent accountants for fiscal year ended June 30, 2010		5,574,702		30,400		-		132		-

~~Item 9.01 Financial Statement and Exhibits~~SIGNATURES

Exhibit	10.1	Contract for Sale and Purchase (Tesoro Preserve) Ginn-La Wilderness Ltd., LLLP “Seller” and Seaboard Home Building, Corp. “Buyer”
	10.2	Assignment of Contract from Seaboard Home Building, Corp. to ValueRich, Inc.
	10.3	Development Work Agreement

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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.

	VALUERICH, INC.
Date: July 7, 2010

	By:	/s/ Joseph C.Visconti
		Joseph C.Visconti
		Chief Executive Officer

January 20, 2010

ValueRich, Inc.

/s/ Joseph C. Visconti

By: Joseph C. Visconti, President

Filing Compare · TWIN VEE POWERCATS, INC.