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 1934

Date of Report (date of earliest event reported): ~~November~~December 15, 2013

FAB UNIVERSAL CORP.

(Exact name of registrant as specified in charter)

Colorado	001-33935	87-0609860
(State of Incorporation)	(Commission File No.)	(IRS ~~EmployerIdentification~~Employer Identification No.)

5001 Baum Boulevard

Pittsburgh, Pennsylvania 15213

(Address Of Principal Executive Offices) (Zip Code)

(412) 621-0902

(Registrant’s Telephone Number, Including Area Code)

(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 registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

[ ] 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 54.02. ~~Departure~~– ofNon-Reliance ~~Directors~~on orPreviously ~~Certain~~Issued ~~Officers;~~Financial ~~Election~~Statement ofor ~~Directors,~~a ~~Appointment~~Related ofAudit ~~Certain~~Report ~~Officers; Compensatory Arrangement~~ of ~~Certain~~Completed ~~Officers~~Interim Review.

On ~~November~~December 15, 2013, the audit committee of the board of directors of FAB Universal Corp. ~~issued~~(the a“Company”) ~~press~~concluded ~~release~~that ~~announcing~~ the ~~appointment~~Company’s ofunaudited ~~Mr.~~interim ~~Steve~~consolidated ~~Sun~~financial statements as ~~Chief~~of ~~Operating~~June ~~Officer~~30, ~~effective~~2013 ~~October~~and 7September 30, 2013, and for the quarters then ended (the “2013 Interim Financial Statements”) should no longer be relied upon.

~~Mr.~~As ~~Sun is~~ a ~~director~~result ~~and~~of the ~~chairman~~determination that one subsidiary of the ~~investment~~Company’s ~~committee~~variable ofinterest ~~Concord~~entity ~~Medial~~(VIE), ~~Services~~entered ~~Holdings~~into ~~Limited~~a $16.3 million bond offering in China (the “~~Concord~~China ~~Medical~~Bond Offering”). Hewhich ~~served~~was not reflected on the2013 Interim Financial Statements as ~~co-chairman~~a result of the ~~board~~failure ofto ~~Concord~~report ~~Medical~~such ~~from~~financing ~~2008~~in toaccordance ~~2011.~~with Hethe ~~was~~Company’s ~~also~~internal ~~chief~~control over financial ~~officer~~reporting procedures, the Audit Committee of ~~Concord~~the ~~Medical~~Company’s ~~from~~Board ~~2009~~of toDirectors ~~2011.~~determined ~~Mr.~~(following ~~Sun~~discussion with the Company’s independent accountants) that it was anecessary ~~director~~to ~~and~~have the ~~president~~2013 ofInterim ~~Aohua~~Financial ~~Medical~~Statements ~~from~~included ~~2006~~in the Company’s Quarterly Reports on Form 10-Q for the quarters ended June 30, 2013 and September 30, 2013, to ~~2008.~~be ~~Mr.~~restated ~~Sun~~to ~~served~~reflect asthe effects of the ~~chief~~China ~~operating~~Bond ~~officer~~Offering. While the Company is still in the process of ~~Sunshine~~preparing ~~100~~such ~~Real~~restated ~~Estate~~unaudited ~~Group~~interim financial statements, aits ~~Beijing-based~~preliminary ~~real~~estimates ~~estate~~indicate ~~company,~~that ~~from~~the ~~2004~~effect of the error was to ~~2005~~underreport net interest expense and ~~executive~~net ~~vice~~income ~~president~~by ofapproximately AE$344,000 ~~Capital~~in ~~Markets~~the ~~Inc~~three month period ended June 30, 2013 and approximately $476,000 in the three month period ended September 30, 2013, resulting in an overstatement in net income per share of $0.02 for the three months ended June 30, a2013, ~~New~~$0.01 ~~York-based~~for ~~investment~~the ~~bank~~six months ended June 30, ~~from~~2013; ~~1997~~$0.02 toper ~~2000~~share for the three months ended September 30, 2013 and $0.04 Mrper share for the nine months ended September 30, 2013. The ~~Sun~~Company ~~received~~also aestimates ~~master’s~~the ~~degree~~restated unaudited interim financial statements will reflect an increase in ~~business~~cash ~~administration~~of ~~from~~approximately $15.8 million, long term debt of approximately $16.3 million and deferred financing costs of approximately $459,000 and $419,000 as of the ~~University~~end of ~~Chicago~~each ~~Booth~~respective ~~School~~period. Each of ~~Business~~the inforegoing ~~1996~~estimates is subject to the finalization of the restated unaudited interim financial statements, ato ~~master’s~~which ~~degree~~the inCompany ~~operational~~directs ~~research~~investors ~~from~~for ~~Xidian~~disclosure ~~University~~regarding inthe ~~1985~~error and aits ~~bachelor’s~~impact ~~degree~~on inits ~~mathematics~~results ~~from~~of ~~Heilongjiang~~operation ~~University~~and infinancial ~~1983~~position.

~~Mr.~~Item ~~Sun has no family relationships with any of the executive officers or directors of the Company~~9. ~~There~~01 ~~have~~Financial ~~been~~Statements noand ~~transactions in the past two years to which the Company or any of its subsidiaries was or is to be a party, in which Mr. Sun had, or will have, a direct or indirect material interest.~~Exhibits

~~Item~~(d) ~~9.01. Financial Statements and~~ Exhibits.

~~(c)~~Exhibit No.

~~Exhibits~~Description

99.1

Press ~~release~~Release dated ~~November~~December 110, 2013.


2

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.

Dated: ~~November~~December 110, 2013

FAB UNIVERSAL CORP.

By: /s/Christopher J. Spencer

Name: Christopher J. Spencer

Title: CEO and President

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