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

Date of Report: ~~July 3, 2007~~

~~CSMG~~June ~~TECHNOLGIES~~24, ~~INC.~~ 2008

CONSORTIUM SERVICE MANAGEMENT GROUP, INC.

(Exact Name of Registrant as Specified in Charter)

Texas		0-27359		74-2653437
(State of Incorporation)		(Commission File Number )		(IRS Employer Identification No.)

500 North Shoreline Drive, Suite 701 North

Corpus Christi, TX 78471

(Address of principal executive offices) (Zip Code)

361-887-7546

(361) 887-7546

(Registrant's telephone number)

Check the appropriate box below if the Form 8-K 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 41.01 ~~Change~~Entry ininto ~~Registrant’s~~a ~~Certifying~~Material ~~Accountant~~Definitive Agreement.

On June 24, 2008, the Registrant (“CSMG”) entered into an Agreement and Plan of Acquisition (the “Acquisition Agreement”) under which CSMG acquired all the issued and outstanding shares of common stock of Carbon Capture Technologies, Inc. (“CCTI”) from Utek Corporation, CCTI’s parent, in return for 371,020 restricted shares of CSMG common stock. Under the terms of the Acquisition Agreement CCTI acquired an exclusive, worldwide, royalty bearing license from the University of Ottowa to make, use and sell novel absorbents for the capture of carbon dioxide from a gas stream under a License and Option Agreement (the “License Agreement”) dated June 24, 2008 between CCTI and the University of ~~Dismissal~~Ottowa in return for a nonrefundable fee of ~~Previously~~$60,000, ~~Engaged~~a ~~Public~~royalty ~~Accounting~~of ~~Firm~~3% of net sales and minimum royalties commencing in the second year anniversary of the Agreement to prevent termination of the License Agreement by the University of Ottowa.

~~On July 3, 2007, Gary Skibicki, CPA was dismissed as the Registrant’s independent registered public accounting firm, effective immediately.~~ The ~~report issued~~ ~~by Gary~~preceding ~~Skibicki,~~summary ~~CPA~~is qualified in ~~connection with the Registrant’s financial statements for~~ its ~~most~~entirety ~~recent~~by ~~fiscal~~reference ~~year ended December 31, 2006 did not contain an adverse opinion or a disclaimer of opinion, nor was either such report qualified or modified as~~ to ~~uncertainty, audit scope, or accounting principles, except~~ the ~~report~~ ~~of the financial statements for the Registrant for the year ended~~Agreement December 31, 2006 contained a paragraph expressing substantial doubt regarding the Registrant's ability to continue as a going concern. During the Registrant's most recent fiscal year ended December 31, 2006 and ~~the later interim period~~ ~~preceding~~Plan ~~the dismissal~~ of ~~Gary~~Acquisition Skibicki, CPA on July 3, 2007, there have been no disagreements with Gary Skibicki, CPA on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which ~~disagreement~~is (filed as ~~defined~~Exhibit ~~in Item 304(a)(~~10.1~~)(iv)~~ ofand ~~Regulation S-B), if not resolved to~~ the ~~satisfaction~~License ofand ~~Gary Skibicki, CPA, would have caused Gary~~Option ~~Skibicki,~~Agreement ~~CPA~~which tois ~~make~~filed ~~a reference to the subject matter of such disagreement in connection with its reports, and there occurred no events~~ as ~~defined~~Exhibit ~~in Item 304(a)(1)(iv)(B) of Regulation S-B~~10.2 ~~Gary Skibicki,~~to ~~CPA~~this ~~identified~~Current ~~certain~~Report ~~internal~~on ~~control~~Form ~~discrepancies, but the~~8-K ~~Registrant’s management responded to those discrepancies,~~ and ~~unqualified~~ ~~opinions~~incorporated ~~were~~herein ~~issued~~by ~~for fiscal years 2005 and 2006~~reference.

~~The~~Item ~~Registrant~~9.01 ~~requested~~Financial ~~that~~Statements ~~Gary Skibicki, CPA furnish it with a letter addressed to the Securities~~ and ~~Exchange Commission stating whether or not Gary Skibicki, CPA agreed with the above statements~~Exhibits.

(bd) ~~Engagement of New Independent Public Accounting Firm~~Exhibits.

~~On July 3,~~10.1 ~~2007,~~Agreement ~~the~~and ~~Registrant's~~Plan ~~Board~~ of ~~Directors~~Acquisition ~~approved~~dated ~~the~~June ~~engagement of Michael Pollack CPA as the Registrant's independent registered public accounting firm~~24, ~~effective~~ ~~for~~2008 ~~the~~among ~~fiscal~~CSMG ~~quarter ended June 30~~Technologies, ~~2007~~Inc. ~~During the Registrant's two most recent fiscal years~~, ~~and~~Carbon ~~the~~Capture ~~later interim period through the date of the Registrant's engagement with Michael Pollack CPA on July 3~~Technologies, ~~2007,~~Inc. ~~neither the Registrant nor anyone on its behalf consulted with Michael Pollack CPA regarding any of the matters or events set forth in Item 304(a)(2)(i)~~ and ~~(ii) of~~Utek ~~Regulation S-B.~~Corporation

10.2	License and Option Agreement dated June 24, 2008 between Carbon Capture Technologies, Inc. and the University of Ottowa

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.

	CSMG Technologies, Inc.
	Consortium Service Management Group, Inc.
Date: July 9, 2007	By:	/s/ Donald S. Robbins
Date: June 26, 2008	By:	/s/ Donald S. Robbins
		Donald S. Robbins
		Chief Executive Officer

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