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) July 121, 2011

AMBASSADORS INTERNATIONAL, INC. ~~(Exact name of registrant as specified in its charter)~~

______________________________________________________________________________

(Exact name of registrant as specified in its charter)

Delaware	0-26420	91-1688605
(State or other jurisdiction	(Commission	(IRS Employer ID
of incorporation)	File Number)	Number)

2101 4th Avenue, Suite 210 Seattle, Washington	98121
In care of Stroock & Stroock & Lavan LLP 180 Maiden Lane New York, New York	10038
(Address of principal executive offices)	(Zip Code)
Registrant's Telephone Number, including area code:	(~~206~~212) ~~292~~806-~~9606~~5400
Not Applicable
2101 4th Avenue, Suite 210, Seattle, Washington 98121
(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:

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 57.~~02. DEPARTURE~~01 REGULATION OFFD ~~DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.~~DISCLOSURE

ByOn ~~letters dated~~ July 121, 2011, ~~Hans~~Ambassadors ~~Birkholz~~International, ~~President~~Inc. ~~and~~(the ~~Chief~~"Company") ~~Executive~~and ~~Officer~~the subsidiaries of ~~Ambassadors~~the ~~International,~~Company ~~Inc.~~organized or incorporated in the United States (collectively, the ~~“Company”~~"Debtors"), ~~and~~filed ~~Tammy~~their ~~Smolkowski,~~monthly operating report for the ~~Company’s~~month ~~Chief~~ended ~~Accounting~~June ~~Officer~~30, ~~resigned~~2011 as(the ~~officers~~“Monthly Operating Report”) with the United States Bankruptcy Court for the District of Delaware (the ~~Company~~"Bankruptcy Court"). The Monthly Operating Report is attached hereto as Exhibit 99.1 and ~~its~~is ~~subsidiaries~~incorporated herein by reference.

ByAs apreviously ~~letter~~disclosed, ~~dated~~substantially ~~July~~all 5the assets of the Company and the other Debtors were sold on May 25, 2011 pursuant to a sale order entered, ~~Mark~~following ~~Detillion~~a hearing, by the Bankruptcy Court pursuant to Section 363 of the United States Bankruptcy Code. The Debtors are not currently conducting any business operations and will have no business operations in the future. The remaining net cash proceeds from the sale of assets represent the principal remaining asset of the Debtors. Such remaining cash proceeds are expected to be used to provide for the wind-down and liquidation of the Company’s ~~Chief~~estate ~~Financial~~and ~~Officer~~to pay post-petition administrative claims in the Company’s bankruptcy proceedings. Accordingly, ~~resigned~~the asCompany andoes ~~officer~~not expect that there will be any significant proceeds available for distribution to the Company’s stockholders or holders of the Company’s ~~and~~convertible ~~its~~notes. The ~~subsidiaries~~Debtors are currently winding up their activities.

OnThis ~~July~~current 7,report ~~2011,~~(including ~~Eugene I. Davis was appointed to serve as President and Treasurer of~~ the ~~Company. The~~exhibit ~~Company~~hereto) ~~did~~will not ~~enter~~be ~~into~~deemed oran ~~amend~~admission ~~any~~as ~~material~~to ~~contract~~the ormateriality ~~arrangement~~of ~~with Mr. Davis in connection with his appointment. Mr. Davis is not receiving~~ any ~~compensation~~information ~~for~~required ~~service~~to inbe ~~such capacity, other than the compensation he receives for serving as the sole director of the Company as~~ disclosed insolely ~~the~~by ~~Company’s~~Regulation ~~Annual Report on Form 10-K for the year ended December 31, 2010~~FD.

Limitation on Incorporation by Reference

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Cautionary Statement Regarding Financial Operating Data

The Company cautions investors and potential investors not to place undue reliance upon the information contained in the Monthly Operating Report, which was not prepared for the purpose of providing the basis for an investment decision relating to any of the securities of our Company. The Monthly Operating Report is limited in scope, covers a limited time period, and has been prepared solely for the purpose of complying with the monthly reporting requirements of the Bankruptcy Court. The Monthly Operating Report contains financial information that was not audited or reviewed by independent accountants, was not prepared in accordance with Generally Accepted Accounting Principles in the United States, is in a format prescribed by applicable bankruptcy laws, and is subject to future adjustment and reconciliation. There can be no assurance that, from the perspective of an investor or potential investor in the Company’s securities, the Monthly Operating Report is complete. The Monthly Operating Report also contains information for periods which are shorter or otherwise different from those required in the Company’s reports pursuant to the Exchange Act, and such information might not be indicative of the Company’s financial condition or operating results for the period that would be reflected in the Company’s financial statements or in its reports pursuant to the Exchange Act. The Company undertakes no obligation to update or revise the Monthly Operating Report. Results set forth in the Monthly Operating Report should not be viewed as indicative of future results, and the Monthly Operating Report should not be used as a basis for making investment decisions regarding the Company’s securities. Important factors that should be considered by investors include, but are not limited to, (i) the fact that the Company and the other Debtors are not currently conducting any business operations and will have no business operations in the future; and (ii) the fact that, as the remaining net cash proceeds from the sale of substantially all the assets of the Debtors are expected to be used to provide for the wind-down and liquidation of the Company’s estate and to pay post-petition administrative claims in the Company’s bankruptcy proceedings, the Company does not expect that there will be any significant proceeds available for distribution to the Company’s stockholders or holders of the Company’s convertible notes.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(dc) Exhibits

None

Exhibit No.	Description
99.1	Monthly Operating Report

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 821, 2011

	AMBASSADORS INTERNATIONAL, INC.
	By:	/s/ Eugene I. Davis
		Name: Eugene I. Davis
		Title: President

EXHIBIT INDEX

Exhibit No.	Description
99.1	Monthly Operating Report

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