Current ReportCURRENT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934REPORT

~~Date~~PURSUANT TO ofSECTION ~~Report~~13 ~~(Date~~OR ~~of earliest event reported~~15(d)~~: January~~ ~~15,~~OF ~~2004~~THE

~~REVCARE,~~SECURITIES ~~INC.~~EXCHANGE ACT OF 1934

~~(Exact~~Date ~~name~~ of ~~registrant~~Report as(Date ~~specified~~of inearliest ~~its~~event ~~charter~~reported): May 2, 2005

Nevada	0-17192	84-1061382
(State or other jurisdictionof incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
5400 Orange Avenue, Suite 200, Cypress, CA		90630
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code: (714) 995-0627

REVCARE, INC.

~~Item~~(Exact 5.name ~~Other~~of ~~Events.~~small business issuer as specified in its charter)

We have not yet filed our annual report on Form 10-KSB for the fiscal years ended September 30, 2002 or 2003, or our quarterly reports on Form 10-QSB for the fiscal quarters ended December 31, 2002, March 31, 2003 and June 30, 2003. As previously disclosed in our current report on Form 8-K filed October 17, 2003 the Company appointed Mayer Hoffman McCann P.C. as its new independent accountants to audit the Company’s financial statements for the years ended September 30, 2003 and 2002. In addition, as previously disclosed in our current report on Form 8-K filed August 15, 2003 our CFO recently resigned. As a result of these factors, we have determined that more time is necessary to complete the substantive amount of accounting work necessary to prepare the consolidated financial statements and to give the Company and its new auditors time to finish the audit of the current and prior periods. We are working diligently to complete the audits of our financial statements and the related information necessary to file these reports. However, due to the complex nature of completing multiple years’ audits in an environment where the Company has experienced turnover in senior financial management and transition to a new auditing firm, we are not certain as to when we will be in a position to file our reports, and are filing this current report on Form 8-K as an update to our Form 12b-25 as filed on December 31, 2003. In the unlikely event that these reports are not filed within the next two weeks we will file an updated Form 8-K with the Securities and Exchange Commission. The Form 10-KSB for the fiscal years ended September 30, 2002 and 2003, and our quarterly reports on Form 10-QSB for the fiscal quarters ended December 31, 2002, March 31, 2003 and June 30, 2003 are all expected to be filed at the same time.

Nevada		84-1061382
(State or other jurisdiction of incorporation of organization)		(I.R.S. Employer Identification No.)

~~SIGNATURE~~0-17192

~~Pursuant to the requirements~~(Commission ofFile ~~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.~~Number)

	REVCARE, INC.
Date: January 15, 2004	By:	/s/ Manuel Occiano
		Manuel Occiano
		Chief Executive Officer

5400 Orange Avenue, Suite 200, Cypress, CA 90630

2(Address of principal executive offices)

~~End~~Issuer’s oftelephone ~~Filing~~number (714) 995-0627

3N/A

(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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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

Item 1.01 Entry Into A Material Definitive Agreement

On April 29, 2005, RevCare, Inc. and two of its wholly owned subsidiaries, Orange County Professional Services, Inc. and Impact Seminars & Consulting, Inc., entered into an Exchange Agreement with Robert Perez, Barbara Perez and Impact Professional Services, LLC (collectively, the “Perez’s”) by which RevCare and its subsidiaries sold certain assets relating to operations in Hawaii and in exchange the Perez’s agreement to reduce the amount of debt owed by RevCare by $435,000 under an Amended and Restated Secured Convertible Promissory Note dated August 29, 2003 held by Robert Perez. In addition to the Exchange Agreement, RevCare and its subsidiaries also entered into a Modification Agreement with respect to the aforementioned Note to effectuate the debt reduction, a one year Non-Competition Agreement not to compete for business with the Perez’s in Hawaii, and a one year Non-Solicitation Agreement by which the Perez’s will not solicit any customers of RevCare. Upon the effectiveness of the transfer, our employment relationship with all of the employees of the Hawaii operation, including Mr. Robert Perez, was terminated.

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, thereunto duly authorized.

	REVCARE, INC.


Date: May 02, 2005	By: /s/	Manuel Occiano
		Manuel Occiano
		Chief Executive Officer and
		Acting Chief Financial Officer

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