UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, ~~D.C.~~ DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 orOR 15(d) of the Securities Exchange Act of 1934

~~The~~Date ~~Securities~~of ~~Exchange~~Report ~~Act~~(Date of ~~1934~~earliest event reported): August 7, 2014

~~Date~~NITRO ofPETROLEUM ~~Report (Date of earliest event reported): January 3, 2014~~INCORPORATED

~~NITRO PETROLEUM INCORPORATED~~ (Exact name of registrant as specified in its charter)

Nevada	000-50932	98-0488493
(State or other jurisdiction	(Commission	(IRS Employer
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
of incorporation)	File Number)	Identification No.)
incorporation or organization)		Identification No.)

624 W. Independence, Suite 101 Shawnee, OK 74804 (Address of principal executive offices)

624 W. Independence
Suite 101
Shawnee, OK		74804
(Address of principle executive offices)		(Zip Code)

Registrant’'s telephone number, including area code: ( 405) -273-9119

~~N/A~~Check ~~(Former~~the ~~name~~appropriate orbox ~~former~~below ~~address,~~ if ~~changed~~the ~~since~~Form ~~last~~8-K ~~report~~filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

~~Check~~o ~~the~~Written ~~appropriate~~communications ~~box~~pursuant ~~below if the Form 8-K filing is intended~~ to ~~simultaneously~~Rule ~~satisfy~~425 ~~the~~under ~~filing obligation of~~ the ~~registrant~~Securities ~~under~~Act ~~any~~(17 ofCFR ~~the following provisions:~~230.425)

~~[ ]~~o ~~Written~~Soliciting ~~communications~~material pursuant to Rule ~~425~~14a-12 under the ~~Securities~~Exchange Act (17 CFR ~~230~~240.~~425~~1 4a- 12)

~~[ ]~~o ~~Soliciting~~Pre-commencement ~~material~~communications pursuant to Rule ~~14a~~14d-122(b) under the Exchange Act (17 CFR 240.~~14a~~1 4d-122(b))

~~[ ]~~o Pre-commencement communications pursuant to Rule ~~14d~~13e-24(bc) under the Exchange Act (17 CFR 240.~~14d~~1 3e-24(bc))

~~[ ]~~ITEM ~~Pre-commencement~~1.01. ~~communications~~ENTRY ~~pursuant~~INTO toA ~~Rule~~MATERIAL ~~13e-4(c)~~DEFINITIVE ~~under the Exchange Act (17 CFR 240~~AGREEMENT.~~13e-4(c)~~

~~Item~~On August 7, 2014, the Registrant entered into a letter agreement in principle with Core Resource Management, Inc., a reporting company whose common stock is traded on the QB Tier of the U.S. OTC Markets and is quoted under the symbol “NTRO,” to acquire all of the outstanding common stock of the Registrant through the merger of a wholly-owned subsidiary of CRMI with and into the Registrant. In the merger, each stockholder of the Registrant will receive one share of CRMI for each 10.5 shares of the Registrant held of record by the stockholder.02 Consummation ~~Departure~~of the merger is contingent on a number of ~~Directors~~factors, orincluding, ~~Certain~~but ~~Officers;~~not ~~Election~~limited to, execution by the Registrant and CRMI of ~~Directors;~~a ~~Appointment~~mutually agreeable, detailed definitive agreement, satisfactory completion of ~~Certain~~due ~~Officers;~~diligence ~~Compensatory~~by ~~Arrangements~~CRMI, securing of ~~Certain~~all ~~Officers~~necessary regulatory approvals and securing of board of director and stockholder approvals of the merger.

On ~~January~~the 3,same ~~2014~~date, the ~~Board~~Registrant ofand ~~Directors~~CRMI ~~(the~~also ~~“Board”)~~entered ofinto ~~Nitro~~an ~~Petroleum~~exclusivity ~~Incorporated~~agreement ~~(the~~granting ~~“Company”)~~CRMI ~~re-appointed~~exclusive ~~James~~right ~~G. Borem~~ to ~~fill~~negotiate ~~the~~and ~~vacancy~~execute on the ~~Board~~definitive ~~created~~agreement byrelating ~~his~~to ~~resignation in December 2013. Mr. Borem was also re-appointed as~~ the ~~Company’s~~merger ~~President~~ and ~~Interim~~to make ~~Chief~~any ~~Financial~~required ~~Officer.~~regulatory ~~Various~~filings with ~~information~~the ~~regarding Mr~~SEC. This ~~Borem~~exclusive isright ~~available~~ends inat the ~~Company’s~~close ~~Annual~~of ~~Report~~business on ~~Form~~August ~~10-K for the year ended January~~ 31, ~~2013~~2104, ~~and~~unless ~~other~~extended ~~reports~~by ~~filed~~mutual ~~with~~agreement of the ~~Securities~~Registrant and ~~Exchange Commission~~CRMI.

~~Concurrently~~Item ~~with the foregoing, James C~~9. ~~Lanshe resigned as an officer of the Company~~01. ~~However,~~Financial ~~Mr.~~Statements ~~Lanshe~~And ~~continues to serve on the Board~~Exhibits.

(c)

Exhibits. The following exhibit has been filed as a part of this Current Report:

Exhibit Number		Description of Exhibit

10.1		Letter agreement in principle dated August 7, 2014, by and between Core Resource Management, Inc. and Nitro Petroleum Incorporated.

10.2		Letter agreement regarding exclusivity dated August 7, 2014, by and between Core Resource Management, Inc. and Nitro Petroleum Incorporated.

SIGNATURES

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

Date: January 8, 2014	NITRO PETROLEUM INCORPORATED
	NITRO PETROLEUM INCORPORATED
	By:	~~/s/ James G. Borem~~	/s/ James G. Borem
		James G. Borem
	Its:		President
		President
DATED: August 12, 2014

EXHIBIT INDEX

Exhibit Number		Description

10.1		Letter agreement in principle dated August 7, 2014, by and between Core Resource Management, Inc. and Nitro Petroleum Incorporated.

10.2		Letter agreement regarding exclusivity dated August 7, 2014, by and between Core Resource Management, Inc. and Nitro Petroleum Incorporated.

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