UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): September 29, 2004
PACEL Corp.
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(Exact name of registrant as specified in its charter)
Virginia 000-29459 54-1712558
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
10108 Industrial Drive
Pineville, North Carolina 28134
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (704) 643-0676
N/A
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(Former name or former address, if changes 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 Instructions 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 8.01 Other Events
On September 23, 2004, Pacel Corp issued a press release announcing that it had
executed all agreements necessary to acquire certain assets of Rossar HR LLC
d/b/a YourStaff Solutions(TM) (YourStaff Solutions(TM)), a Pennsylvanian limited
liability company. The press release is attached as exhibit 99.1 and
incorporated therein by reference stated that Pacel Corp will manage the
business affairs and operations of YourStaff Solutions(TM) until December 31,
2004. Effective January 1, 2005, certain assets of YourStaff Solutions(TM) will
then transfer to Pacel Corp.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit # Description
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22.1 Pacel Corp Press Release dated September 23, 2004.
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* Filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PACEL Corp.
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(Registrant)
Date: September 29, 2004
By: /s/ Gary Musselman
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Gary Musselman, President, CEO and CFO