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) ~~April~~June 81, 2008

STAR RESORTS DEVELOPMENT INC.
(Exact name of registrant as specified in its charter)

Nevada
(State or other jurisdiction of incorporation)

000-52449
(Commission File Number)

98-0521492
(IRS Employer Identification No.)

701 Brickell Ave., ~~Suite~~ #1550, Miami, FL 33131(Address of principal executive offices and Zip Code)

305-728-5254
(Registrant's telephone number, including area code)

N/A
(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:

[ ] 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))

[ ] 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))

- 2 -

Item 31.0201 ~~Unregistered~~Entry ~~Sales~~into ofa ~~Equity~~Material ~~Securities~~Definitive Agreement

On ~~April~~June 81, 2008, we ~~issued~~approved toadvisor ~~Blue~~agreements ~~Mint~~with ~~Exploration~~Erick Sydow ~~Inc.~~and ~~(the “Holder”)~~Timothy aMarx ~~Convertible~~to ~~Promissory~~provide ~~Note~~services ~~(the~~to ~~“Note”)~~our company in ~~the~~connection ~~amount~~with current ofinvestments ~~$500,000~~and investment possibilities for our company. ~~The~~ ~~Note~~Each agreement is ~~dated~~for ~~April~~a 3,period ~~2008~~of ~~and~~one ~~payable~~year onwith ~~April~~an 3,automatic ~~2010,~~renewal ~~and~~for ~~will~~up ~~accrue~~to three years. ~~interest~~Consideration atfor the ~~rate~~investment services is the issuance of 9%50,000 ~~which~~shares isof common ~~paid~~stock ~~per~~to ~~annum~~each ~~starting~~advisor, ~~180~~plus ~~days~~an ~~from~~additional ~~the~~50,000 shares per year up to ~~date~~150,000 ofshares ~~the~~for ~~Note~~each advisor.

~~The~~Item ~~Holder~~3.02 ~~has~~Unregistered ~~the~~Sales ~~option to convert the outstanding principal amount and accrued interest under the Note into common shares at a conversion price equal to the average closing price~~ of ~~the~~Equity ~~10 trading days immediately preceding the conversion date.~~Securities

~~The~~On ~~Holder~~July ~~may~~15, ~~also~~2008 ~~exercise~~we ~~the~~issued ~~option~~50,000 ofshares ~~giving written notice to our Company that the entire unpaid principal amount~~ of ~~the~~common ~~Note~~stock ~~and~~to ~~the~~Timothy ~~applicable~~Marx ~~interest~~pursuant isto ~~payable~~an ifadvisor ~~any events of default have occurred and be continuing at the time of such notice~~agreement.

WeOn ~~issued~~July ~~the~~21, ~~Note~~2008 towe ~~one~~issued ~~non-US~~50,000 ~~person~~shares ~~pursuant~~of tocommon anstock ~~offshore~~to ~~transaction~~Erick ~~relying~~Sydow onpursuant ~~Regulation~~to San ~~and/or~~advisor ~~Section 4(2) of the Securities Act of 1933, as amended~~agreement.

~~Item~~We ~~9.01.~~issued ~~Financial~~50,000 ~~Statements~~shares ~~and~~to ~~Exhibits~~one US person pursuant to the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended.

~~10.1~~We ~~Convertible~~issued ~~Promissory~~50,000 ~~Note~~shares to one non-US person pursuant to an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933, as amended.

SIGNATURES

Item 9.01.	Financial Statements and Exhibits.

(d)	Exhibits
10.1	Advisor Agreement dated June 1, 2008 with Timothy Marx

10.2	Advisor Agreement dated June 1, 2008 with Erick Sydow

~~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.~~SIGNATURES

~~STAR~~Pursuant ~~RESORTS~~to ~~DEVELOPMENT~~the ~~INC~~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.

STAR RESORTS DEVELOPMENT INC. By: /s/ ~~James~~Alejandro J.Aparicio ~~Pierce~~Alejandro ~~James~~Aparicio J.President ~~Pierce~~and ~~CFO~~CEO Date: July 21, 2008

Date: April 10, 2008

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