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~~REPORT

~~Date~~Pursuant ofto ~~Report~~Section 13 ~~(Date~~or 15(d) of The ~~earliest~~Securities ~~event report)~~Exchange ~~May~~Act ~~31,~~of ~~2005~~1934

Date of Report (Date of earliest event report) August 8, 2005

Pelican Financial, Inc.

(Exact name of registrant as specified in its charter)

Deleware	1-14986	58-2298215
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification Number)
3767 Ranchero Drive, Ann Arbor, Michigan		48108
(Address of principal executive offices)		(Zip Code)
734-662-9733
(Registrant’s telephone number, including area code)
(Former name or former address, if change 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))

Section 5 2-~~Corporate~~Financial ~~Governance and Management~~Information

Item 52.02 ~~Departure~~ Results of ~~Directors~~Operations and ~~Principal~~Financial ~~Officers~~Condition

On ~~May 31~~August 5, 2005, ~~Howard~~Pelican ~~Nathan, Chief~~ Financial ~~Officer of Pelican Financial~~, Inc. ~~resigned~~issued ~~from~~a ~~the Board of Directors. This decision was made to meet American Stock~~press ~~Exchange~~release ~~and~~commenting ~~Securities~~on ~~Exchange~~2005 ~~Commission~~second ~~requirements~~quarter ~~for the Board of Directors to consist of a majority of independent directors~~earnings. ~~Howard~~A ~~Nathan~~copy ~~will~~of ~~continue~~the topress ~~perform~~release ~~his duties~~is furnished as ~~Chief Financial Officer~~Exhibit 99.

Item 9.01

Exhibit
99		Pelican Financial, Inc. press release August 5, 2005

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.

	Pelican Financial, Inc.	~~Pelican Financial, Inc.~~
Dated: May 31, 2005		/s/ Charles C. Huffman
Dated: August 8, 2005	/s/ Charles C. Huffman
	Charles C. Huffman
	President and Chief Executive Officer

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