~~UNITED STATES~~ SECURITIES AND EXCHANGE ~~COMMISSIONWashington, D.C. 20549~~COMMISSION

~~FORM~~WASHINGTON, ~~8-K~~D.C. 20549

~~CURRENT~~FORM ~~REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934~~8-K

~~Date~~CURRENT ~~of Report (Date of earliest event reported) February 28, 2002~~REPORT

~~Nantucket~~PURSUANT ~~Industries~~TO ~~Inc. (Exact~~SECTION ~~name~~13 ofOR ~~registrant~~15(D) asOF ~~specified in its charter)~~THE

Delaware	58-0962699
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

SECURITIES EXCHANGE ACT OF 1934

45DATE ~~Ludlow~~OF ~~Street,~~REPORT ~~Suite 602, Yonkers, New York 10705~~ (~~Address~~DATE ofOF ~~principal~~EARLIEST ~~executive~~EVENT ~~offices~~REPORTED) ~~(Zip~~: ~~Code) (914)~~August ~~375-7591 Registrant's telephone number~~19, ~~including area code~~2005

~~(Former~~COMPREHENSIVE ~~name~~HEALTHCARE ~~or former address~~SOLUTIONS, ~~if changes since last report)~~INC.

~~Item~~(EXACT 5.NAME ~~Other~~OF ~~Events.~~REGISTRANT AS SPECIFIED IN CHARTER)

Effective immediately, we terminated our consulting agreement with Westminster Holdings, Ltd. dated February 2002. The agreement was for management and business consulting services. Based upon such termination, we rescinded the order to issue 1,200,000 shares of our common stock to Westminster that it was to receive in accordance with the consulting agreement.

DELAWARE

0-26715

58-0962699

(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION)

(COMMISSION FILE NO.)

(IRS EMPLOYEE IDENTIFICATION NO.)

~~Item~~45 7LUDLOW ~~. Financial Statements~~STREET, ~~Pro~~SUITE ~~Forma Information and Exhibits.~~602

~~99.0 Press Release~~YONKERS, ~~dated~~NEW ~~June~~YORK ~~21, 2002.~~10705

~~SIGNATURES~~(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

~~Pursuant~~(914) ~~to the requirements of the Securities Exchange Act of 1934, the Registrant has duly authorized and caused the undersigned to sign this Report on the Registrant's behalf.~~ 375-7591

~~NANTUCKET~~(ISSUER ~~INDUSTRIES~~TELEPHONE ~~INC.~~NUMBER)

~~By:~~FORWARD ~~/s/~~LOOKING ~~John Treglia John Treglia, President and CEO~~STATEMENTS

~~Dated: June~~This 22Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively the “Filings”) contain or may contain forward looking statements and information that are based upon beliefs of, ~~2002~~and information currently available to, Registrant’s management as well as estimates and assumptions made by Registrant’s management. When used in the filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions as they relate to Registrant or Registrant’s management identify forward looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

Although Registrant believes that the expectations reflected in the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.

ITEM 1.01 ENTRY INTO A MATERAL DEFINITIVE AGREEMENT

On August 19, 2005, the Company entered into a entered into an agreement with a private investment group (“Agreement”) under which the Company has received $235,000 in consideration for the issuance of two separate convertible debentures which are convertible at $.35 per share. In addition, the Company entered into agreement to issue warrants which could raise an additional $2,665,000 when the warrants are exercised. The following sets forth the exercise price for the warrants:

1.	500,000 warrants at $.35 for $175,000;
2.	500,000 warrants at $.40 for $200,000;
3.	2,000,000 warrants at $.50 for $1,000,000;
4.	1,000,000 warrants at $.60 for $600,000; and
5.	1,000,000 warrants at $.70 for $700,000.

SECTION 8.01 OTHER EVENTS

On August 12, 2005, the Company and Baruch Moskowitz agreed to deem that certain Stock Purchase Agreement between the Company and Mr. Moskowitz as null and void since the Agreement was not executed by Mr. Moskowitz and no consideration was paid pursuant to the terms of the Agreement. Mr. Moskowitz agreed to cancel and return to treasury the 1,800,000 shares of the Company’s common stock issued and held in escrow in accordance with the Agreement.

ITEM 9.01 FINANCIAL STATEMENT AND EXHIBITS.

(a)	Financial Statements of Business Acquired.

Not applicable.

(b)	Pro Forma Financial Information.

Not applicable.

(c)

Exhibits.

99.1 Press Release dated August 23, 2005

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.

Comprehensive Healthcare Solutions, Inc.

By: /s/ John Treglia

JOHN TREGLIA

CHIEF EXECUTIVE OFFICER

Dated: August 23, 2005

Filing Compare · COMPREHENSIVE HEALTHCARE SOLUTIONS INC