UNITED STATES

SECURITIES EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: ~~May~~August 231, 2005

INTELLIGENT MOTOR CARS GROUP, INC.

(Exact name of registrant as specified in its charter)

333-88952

(File Number)

DELAWARE	74-3022293
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

~~1600~~750 W.East ~~Sunrise~~Prospect ~~Blvd.~~Road #B

~~Fort~~Oakland ~~Lauderdale~~Park, FL ~~33311~~33309

(Address of principal executive offices) (Zip Code)

~~Registrant's telephone number~~ (954) ~~462~~977-~~0500~~5902

(Registrant's telephone number)

1600 W. Sunrise Blvd., Fort Lauderdale, FL 33311

(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:

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

~~Written~~¨ ~~communications~~Soliciting material pursuant to Rule ~~425~~14a-12 under the ~~Securities~~Exchange Act (17 CFR ~~230~~240.~~425~~14a-12)

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

~~Soliciting~~¨ ~~material~~Pre-commencement communications pursuant to Rule ~~14a~~13e-124(c) under the Exchange Act (17 CFR 240.~~14a~~13e-124(c) )

¨ITEM 1.01

~~Pre-commencement~~Entry ~~communications~~Into ~~pursuant~~a toMaterial ~~Rule~~Definitive ~~14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))~~ Agreement

¨See ITEM 1.02 below.

~~Pre-commencement~~ITEM ~~communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240~~1.~~13e-4(c))~~02

~~ITEM~~Termination ~~5.02 Departure~~ of ~~Directors~~a orMaterial ~~Principal~~Definitive ~~Officers~~Agreement

OnThe ~~May~~Registrant’s 2executive offices and operations have been located at 1600 West Sunrise Blvd., ~~2005~~Fort Lauderdale, FL 33311 pursuant to a lease between the ~~Board~~Registrant ofand ~~Directors~~Wall ~~accepted~~Street Properties, Inc. (the ~~resignation~~“Landlord”) ~~from~~dated ~~Michael~~March ~~Magolnick~~1, 2005 for a five year term. The lease was included as an exhibit to the ~~Company~~Registrant’s ~~Chief~~Form ~~Operating~~10-KSB/A ~~Officer~~for ~~and~~the asfiscal ayear ~~director~~ended December 31, 2004 filed on April 20, 2005. Subsequently, the ~~Company’s~~Landlord ~~Board~~entered into an agreement to sell the property to a third party unaffiliated with the Registrant and, effective August 31, 2005, has released the Registrant from all of ~~Directors~~its obligations under such lease without penalty. The closing of the sale of the property is September 1, 2005.

AsIn ~~stated~~connection inwith the ~~2004~~termination ~~Annual~~of ~~Report~~the Registrant’s obligations under the lease, ~~Mr.~~the ~~Magolnick~~Registrant ~~had~~entered ~~been~~into ~~working~~a ~~part-time~~commercial ~~with~~lease, ~~the~~effective ~~Company~~August ~~since~~1, ~~early~~2005, ~~2004~~to lease approximately 200 square feet of office space and isno ~~leaving~~more than three parking spaces at $500 per month on a month to ~~pursue~~month ~~another~~basis ~~venture~~from an unaffiliated third party. The ~~separation~~Registrant is ~~amicable~~relocating ~~and~~its ~~mutually~~executive ~~agreed~~offices ~~upon~~to ~~between~~750 ~~the~~East ~~Company~~Prospect ~~and~~Road Mr#B, Oakland Park, Florida 3330 effective September 3, 2005. ~~Magolnick~~The ~~and~~new Mrtelephone number is (954)977-5902. ~~Magolnick~~This ~~has~~location ~~agreed~~is less than five miles from the former location. The Registrant received approval from the State of Florida to ~~act~~relocate inits license to the ~~capacity~~new location. It has also received the approval of athe ~~consultant~~local authorities to store automobiles inside the ~~Company~~warehouse asat ~~needed~~the new location.

~~The~~ITEM ~~Company will eliminate the position of Chief Operating Officer~~3. ~~No other person will be added to the Board of Directors at this time.~~01

~~ITEM~~Notice ~~9.01~~of ~~Financial~~Delisting ~~Statements~~or ~~and~~Failure ~~Exhibits.~~to Satisfy a Continued Listing Rule or Standard

~~(c)~~As previously disclosed in the Form 10-QSB for the quarter ended March 31, 2005, the Registrant’s ability to achieve its business objectives is contingent upon its success in raising additional capital until adequate revenues are realized from operations. It was the Registrant’s plan to continue building its cash business as well as its wholesale division. In an effort to raise such additional capital, the Registrant entered into an agreement with Cross Capital Fund, also as disclosed in such Form 10-QSB. The amount of funds expected pursuant to the terms of the agreement with Cross Capital has not been realized by the Registrant in any material amount. As a result, the Registrant had been unable to pay its professional fees and could not timely file its Form 10-QSB for the quarter ended June 30, 2005. Due to the failure to timely file, an “E” was appended to the Registrant’s trading symbol “IMTR” on the NASDAQ Over-The-Counter Bulletin Board on or about August 19, 2005. If the Registrant does not file the delinquent Form 10-QSB on or before September 14, 2005, its common stock will be delisted from trading on the Over-The-Counter Bulletin Board and will trade in the “pink sheets”. The Registrant is currently in the process of preparing the delinquent Form 10-QSB and expects to file same on or before the September 14, 2005 deadline.

~~Exhibits~~ITEM 9.01

17Financial Statements and Exhibits

~~Letter of resignation of director.~~Exhibits

210.3

~~SIGNATURES~~Lease between the Registrant and Villari Companies Inc. dated August 1, 2005

~~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.~~2

	INTELLIGENT MOTOR CARS GROUP, INC.
Date: May 2, 2005	By:	/s/ GERALD SCALZO
		Gerald Scalzo, CEO

SIGNATURES

3Pursuant 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.

	INTELLIGENT MOTOR CARS GROUP, INC.

	By:	/s/ GERALD SCALZO
		Gerald Scalzo, CEO

Date: September 1, 2005

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