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~~June 12 19, ~~2006~~ 2007

L Q CORPORATION, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

DELAWARE

(STATE OR OTHER JURISDICTION OF INCORPORATION)

000-25977

(COMMISSION FILE NUMBER)

77-0421089

(I.R.S. EMPLOYER IDENTIFICATION NO.)

888 Seventh Avenue

New York, New York 10019

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

(212) 974-5730

(REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE)

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):

r x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

r	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

r	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01. Entry into a Material Definitive Agreement.

~~The~~On ~~Board~~ June of 19, ~~Directors~~2007, of L Q Corporation, Inc. (~~the~~ “~~Company~~L Q Corporation”), ~~including each director independent of the Company and Barington Capital Group~~Dynabazaar, LInc.P. (“~~Barington~~Dynabazaar”)~~, approved~~ asand ofLQ ~~July~~Merger ~~12,~~Corp. ~~2006~~entered into an amendment ofto the ~~services~~Amended ~~agreement between~~and ~~Barington~~ Restated Agreement and ~~the~~Plan ~~Company~~of Merger, dated as of ~~November~~February 1826, ~~2004~~2007 (~~as amended,~~ the “~~Services~~Merger Agreement”)~~. The amendment~~, which isamended ~~effective~~certain astermination ofprovisions ~~June~~in ~~30, 2006, extended~~ the ~~term of the Services Agreement until December 31, 2007. The~~Merger Agreement ~~was~~as ~~previously set to expire by its terms on June 30, 2006.~~follows:

~~Under the Services~~· ~~Agreement, as amended, Barington will continue to provide certain administrative, accounting and other services on behalf of~~ the ~~Company~~deadline ~~for a~~by ~~fee of~~which ~~$10,000~~Dynabazaar ~~per~~or ~~month~~L ~~and~~Q ~~legal~~Corporation ~~services~~may onterminate ~~behalf of~~ the ~~Company~~Merger atAgreement ~~the Company’s~~if ~~request for a fee of $175 per hour. The agreement also provides that in~~ the ~~event~~merger ~~Barington~~has ~~identifies~~not ~~for~~been ~~the~~consummated ~~Company,~~was atchanged ~~the~~from ~~Company’s request,~~June ~~a business transaction such as a merger~~30, ~~acquisition~~2007 orto ~~joint~~August ~~venture~~31, ~~and~~ provides the Company with financial consulting services in connection with such business transaction, the Company will pay Barington a fee of two percent of the amount of the consideration paid in the transaction.2007;

~~Barington is~~· athe ~~Delaware~~deadline ~~limited~~by ~~partnership~~which ~~whose~~Dynabazaar ~~general~~or ~~partner~~L isQ aCorporation ~~corporation~~may ~~of which~~terminate ~~James~~the A.Merger ~~Mitarotonda~~Agreement isif ~~Chairman,~~the ~~President~~requisite ~~and~~vote ~~Chief~~of ~~Executive~~the ~~Officer. Mr.~~stockholders ~~Mitarotonda~~of isDynabazaar ~~our~~or ~~Chairman~~L ~~and~~Q ~~former~~Corporation ~~Chief~~has ~~Executive~~not ~~Officer. Sebastian~~been E.obtained ~~Cassetta,~~was ~~the~~changed ~~President,~~from ~~Chief~~June ~~Executive~~25, ~~Officer~~2007 ~~and~~to aAugust ~~director of the Company~~25, ~~is a Senior Managing Director and Chief Operating Officer of Barington.~~2007;

the expiration date of the cure period for a breach of any representation or warranty set forth in the Merger Agreement was changed from June 20, 2007 to August 20, 2007; and

the expiration date of the cure period for a breach of any covenant or agreement set forth in the Merger Agreement was changed from June 20, 2007 to August 20, 2007.

Item 9.01. Financial Statements and Exhibits.

Exhibits

2.1	Amendment to Amended and Restated Agreement and Plan of Merger, dated as of June 19, 2007, among Dynabazaar, Inc., L Q Corporation, Inc. and LQ Merger Corp.

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.

L Q CORPORATION, INC.

Dated: June ~~July 12~~ 20, ~~2006~~ 2007 By: /s/ ~~James~~ ~~A. Mitarotonda~~Melvyn Brunt

~~James~~ Melvyn ~~A. Mitarotonda~~ Brunt

~~Chairman~~ Chief Financial Officer

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