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 (date of earliest event reported): June 529, 2006

DYNAMIC LEISURE CORPORATION

Formerly known as

DYNECO CORPORATION

(Exact name of registrant as specified in its charter)

333-07953

(Commission File Number)

Minnesota

41-1508703

(State or other jurisdiction

of Incorporation)

(I.R.S. Employer

Identification No.)

~~2203~~The ~~North~~Company’s ~~Lois~~new ~~Avenue~~address as of July 1, ~~Suite~~2006 ~~900~~is:

5680A W. Cypress Street

Tampa, FL 33607

(Address of principal executive offices)

(813) 877-6300

(Registrant’s telephone number, including area code)

2203 North Lois Avenue, Suite 900

(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)

ITEM 51.~~02(a,~~01 b)Entry ~~Departure~~into ofa ~~Director~~Material ~~and~~Definitive ~~Principal Officer~~Agreement

On June 529, 2006, ~~Thomas~~the W.Company ~~Busch~~entered ~~resigned~~into asa ~~Director~~Common Stock Purchase Agreement (the “Agreement”) with MMA Capital, LLC, a ~~Vice~~Delaware ~~President~~Limited Liability Company (the “Purchaser”), ~~Treasurer~~under which the Purchaser agreed to purchase, and ~~Chief~~the ~~Financial~~Company ~~Officer~~agreed to ofsell ~~Dynamic~~and ~~Leisure~~issue ~~Corporation.~~to ~~The~~the ~~circumstances~~Purchaser, ~~causing Mr. Busch~~One Hundred Thousand (100,000) shares of the Company’s ~~resignation~~common ~~were~~stock, ~~“to~~at ~~better~~a ~~balance~~purchase ~~[his]~~price ~~professional~~of One ~~and~~Hundred ~~personal~~Thousand ~~life~~Dollars ($100,”000.00), asa Mrrate of $1. ~~Busch~~00 ~~lives~~per share for the common stock. The Agreement was a private offering of ~~near~~unregistered ~~Charlotte~~securities and did not involve the issuance of any debt or promissory note, ~~North~~convertible ~~Carolina~~or otherwise, ~~and~~nor any warrants to purchase stock of the Company. isThe ~~located~~Company indid ~~Tampa~~agree to file a new registration statement (on Form SB-2 or otherwise) on or before October 2, ~~Florida.~~2006, Aor ~~copy~~within thirty (30) days of ~~Mr. Busch~~the effective date of the Company’s ~~resignation~~pending ~~letter is~~post-effectiveamendment(s), ~~attached~~whichever ~~hereto~~comes asfirst. ~~Exhibit~~The 99Company agreed to pay all of the costs and expenses of preparing and filing the registration statement.1.

~~ITEM~~The 5above discussion of the material terms of the Agreement is not a complete description of the terms of the transaction and is qualified in its entirety by reference to the Agreement itself, a copy of which is included as Exhibit 99.~~02(c)~~1 ~~Appointment~~to this Current Report on Form 8-K and the text of ~~Principal~~which ~~Officer~~is incorporated herein by reference.

OnITEM ~~June 5, 2006, the Company appointed Marc J~~3.02 ~~LeVine~~Unregistered ~~as Chief~~Sales ~~Operating Officer. Since 1991, Mr. LeVine has served as President~~ of ~~World~~Equity Wide Aquatics, Inc., an internationally known sports apparel retailer, providing him with substantial experience in call-center operations. Mr. LeVine began working with the Company as an independent contractor in February 2006. Mr. LeVine’s annual compensation is $150,000, and the Company will provide health insurance coverage for his family and two weeks paid vacation benefits. Mr. LeVine did not receive any cash or stock bonus upon accepting employment with the Company, and no formal employment agreement has been signed.Securities

In connection with the transaction described in Item 1.01, the Company issued to the Purchaser 100,000 shares of common stock. The shares were issued in reliance on the exemption from registration provided by section 4(2) of the Act, on the basis that their issuance did not involve a public offering, that no underwriting fees or commissions were paid by us in connection with such sale, and that the Purchaser represented to us that it was an “accredited investor” as defined in the Act.

ITEM 8.01

Other Events

As of July 1, 2006, the Company’s executive offices moved to 5680A W. Cypress Street, Tampa, FL 33607. The Company’s telephone and facsimile numbers have not changed.

ITEM 9.01(d)

Exhibits

Exhibits 99.1 ~~Resignation~~Common ~~letter~~Stock ofPurchase ~~Thomas~~Agreement W.with ~~Busch~~MMA Capital, LLC

SIGNATURE

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.

	DYNAMIC LEISURE CORPORATION
Date: June 9, 2006	By: /s/ Daniel G. Brandano
Date: July 6, 2006	By: /s/ Daniel G. Brandano
	Daniel G. Brandano
	President

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