UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 ORor 15(d) of ~~The~~the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~March~~June 609, ~~2007~~ 2009

~~The~~THE SMALL ~~Small~~BUSINESS ~~Business Company~~COMPANY

(Exact name of registrant as specified in its charter)

Delaware	000-52184	55-0808106
DELAWARE		000-52184	55-0808106
(State or other jurisdiction of incorporation)	~~(Commission File Number)~~	(~~IRS~~Commission ~~Employer~~File ~~Identification No.~~Number)	(IRS Employer Identification No.)

~~674 Via~~1380 deWillow LaStreet ~~Valle,~~San ~~Solana Beach~~Diego, CA ~~92075~~ 92106 (Address of principal executive offices) (Zip Code)

(~~Address~~619) of241-2844 ~~principal~~Registrant’s ~~executive~~telephone ~~offices) (Zip Code)~~number, including area code

~~Registrant’s telephone~~Not ~~number~~Applicable (Former Name or Former Address, ~~including~~if ~~area~~Changed ~~code:~~Since ~~(858~~Last Report) ~~481-5600~~

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:

(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 (see General Instruction A.2.below):

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 15 - ~~Registrant’s~~Corporate ~~Business~~Governance and ~~Operations~~Management

Item 1 5.01 ~~Entry~~ ~~into~~Changes ain ~~Material~~Control ~~Definitive~~of ~~Agreement~~Registrant.

~~Between March 6, 2007 and March 9, 2007,The Small Business Company~~ a(~~the "Company"~~1). ~~sold an~~Director ~~aggregate~~Stuart ofSchreiber 6resigned ~~units~~his ~~(“Units”) at~~post ~~a price~~as ofdirector ~~$25,000~~effective ~~per Unit~~Tuesday, ~~each Unit consists of (i) a $25~~June 9,~~000~~ ~~10% Subordinated Convertible Debenture convertible into shares of the Company’s common stock at a per share conversion price of $0~~2009.20 ~~per~~In ~~share~~his ~~and~~letter ~~(ii) a warrant to purchase 25,000 shares~~ of ~~the~~resignation ~~Company’s~~attached ~~common~~hereto ~~stock~~as at an ~~exercise~~Exhibit, ~~price of $0~~Mr.~~20 per~~ ~~share,~~Schreiber inlisted ano ~~private~~material ~~placement~~disagreements ~~offering~~on ~~(“Offering”)~~any tomatter ~~accredited~~relating ~~investors ("Investors") pursuant~~ to ~~exemption from registration under Section 4(2) and/or Rule 506 of~~ the ~~Securities Act of 1933, as amended (the "Securities Act") for~~ ~~aggregate~~registrant’s ~~gross proceeds of approximately $135~~operations,~~000.~~ ~~The~~policies ~~Company~~or ~~intends to use the net proceeds from the Offering for working capital and general corporate purposes~~practices.

~~The~~b. ~~Debenture~~Secretary ~~accrues~~and ~~interest~~Officer atTerry aOstrowiak ~~rate~~resigned ofhis ~~10%~~post ~~per~~as ~~annum,~~secretary ~~which interest is payable on April 1, July 1, October 1~~ and ~~January 1~~ officer of ~~each~~the ~~year~~Corporation ~~and~~effective atJune ~~maturity (January 31~~9, 2009). ~~The~~In ~~payment~~his ofletter ~~the principal~~ of anresignation ~~interest~~attached onhereto ~~the Debenture is subordinated to all Senior Debt (~~as ~~defined~~an ~~in the Debenture)~~Exhibit, Mr. ~~The~~Ostrowiak ~~Company has~~listed ~~the~~no ~~option~~material todisagreements ~~prepay~~on ~~the Debenture at~~ any ~~time~~matter ~~after~~relating ~~December~~to ~~31, 2007~~the atregistrant’s ~~a rate~~operations, ofpolicies ~~105%~~or ~~of principal plus accrued interest~~practices. ~~The Warrant has a term of 5 years.~~

Freedom Investors Corp., an NASD member firm, acted as placement agent (“Placement Agent”) in connection with the Offering. For its services in connection with the Offering, the Placement Agent received a 8.0% cash commission, a 1.0% non-accountable expense allowance, a 1.0% due diligence fee, and a warrants to purchase 100,000 shares of Common Stock at an exercise price of $0.15 per share. The Company also agreed to pay reasonable legal fees not to exceed $25,000 to counsel for the Placement Agent.

	THE SMALL BUSINESS COMPANY

Date June 15, 2009	By:	/s/ David Larson
		Name David Larson (President)

Section 3 - Securities and Trading Markets

Item 3.02 Unregistered Sales of Equity Securities.

See Item 1.01 of this Current Report on Form 8-K, which Item is incorporated herein by this reference, for a description of the terms of the financing transaction that included the issuance of Common Stock and Warrants.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

ExhibitNumber		Description
10.1		Form of Subscription Agreement.
10.2		Form of Convertible Promissory Note.
10.3		Form of Warrant.

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.

	THE SMALL BUSINESS COMPANY
Date: March 12, 2007	By:	/s/ Stuart Schreiber
		Stuart Schreiber, Chief Executive Officer

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