UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): February 215, 2005

Meredith Enterprises, Inc.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)


			0-024594			95-4246740
			(Commission File Number)			(IRS Employer Identification No.)


			3000 Sand Hill Road, Building 2, Suite 120, Menlo Park, California (Address of Principal Executive Offices)				94025 (Zip Code)

(650) 233-7140
(Registrant's Telephone Number, Including Area Code)

(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 obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] 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(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 18.01. EntryOther Into A Material Definitive AgreementEvents.

OnContract ~~February~~to 2,Sell ~~2005 and effective as of that date~~Riverside, ~~the~~CA ~~compensation~~Property and stock option committee (the “Compensation Committee”) of the board of directors of Meredith Enterprises, Inc. (the “Company”) approved the annual base salaries for 2005 of the Company’s executive officers after a review of performance and competitive market data. The following table sets forth the annual base salary levels of Allen K. Meredith and Charles P. Wingard, the Company’s only executive officers, for 2005 and 2004:

		Base
Name and Position	Year	Salary ($)
Allen K. Meredith	2005		210,000
President and Chief Executive Officer	2004		200,000
Charles P. Wingard	2005		133,875
Vice President and Chief Financial Officer	2004		127,500

We have previously disclosed that we have entered into a contract to sell our Riverside property, a 25,000 square foot theater building, for $2,300,000. We intend to use the proceeds to pay off the approximate $1,060,000 loan on the property and for general corporate purposes. The contract originally provided that the sale would close on December 15, 2004 but could be extended to February 15, 2005. On February 15, 2005, we amended the contract to extend the period for the buyer to close the sale to April 15, 2005.

~~Also,~~This onreport ~~February~~contains 2,forward-looking statements ~~2005,~~within the ~~Compensation~~ ~~Committee~~meaning ~~authorized~~of the ~~payment~~securities oflaws ~~annual~~that ~~bonus~~are ~~awards~~based toon ~~each~~current expectations, ofassumptions, ~~Mr.~~ estimates, and projections about Meredith Enterprises and Mrits business. ~~Wingard~~These ~~for~~forward-looking ~~the~~statements ~~year~~are ~~ended~~not ~~December~~guarantees ~~31,~~of ~~2004.~~future ~~The~~performance ~~annual~~and are ~~bonus~~subject ~~awards were~~to ~~based~~risks onand ~~factors~~uncertainties – many of which are outside of our control – that ~~included~~may ~~competitive~~cause ~~pay~~actual ~~practices,~~results ~~job~~to ~~scope~~differ ~~and~~materially from those expressed or implied ~~responsibility,~~by forward-looking statements. These risks and uncertainties include whether we can close the ~~Company’s~~sale ~~need~~of toour ~~attract,~~Riverside ~~retain~~property as we expect and ~~reward~~how ~~executive~~we will use the net proceeds of ~~talent~~the sale if it occurs. ~~The~~For ~~following~~a ~~table~~description ~~sets~~of ~~forth~~other risks that may affect our performance, please see the ~~cash~~sections ~~bonuses~~in toour ~~Mr.~~most ~~Meredith~~recent ~~and~~Quarterly ~~Mr.~~Report ~~Wingard~~on Form 10-QSB entitled ~~for~~“Management’s ~~2004~~Discussion and ~~2003,~~Analysis ~~which~~of ~~awards~~Financial ~~were~~Condition ~~paid~~and inResults ~~2005~~of Operations ~~and~~– ~~2004,~~Risk ~~respectively:~~Factors that May Affect Future Results.”

Name and Position	Year
Allen K. Meredith	2004	30,000
President and Chief Executive Officer	2003	30,000
Charles P. Wingard	2004	19,125
Vice President and Chief Financial Officer	2003	18,750

Signatures

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

MEREDITH ENTERPRISES, INC. Date: February 17, 2005 /s/ Charles P. Wingard Charles P. WingardChief Financial Officer

~~Dated: February 4, 2005 By: /s/ Charles P. Wingard Charles P. Wingard Chief Financial Officer~~3

UNITED STATESSECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549

FORM 8-K

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

Item 18.01. EntryOther Into A Material Definitive AgreementEvents.

Signatures

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

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

Filing Compare · MEREDITH ENTERPRISES INC