UNITED ~~STATES~~STATESSECURITIES ~~SECURITIES~~ AND EXCHANGE COMMISSION ~~Washington~~WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Pursuant~~Date toof ~~Section~~Report ~~13 or 15~~(d)Date of ~~the~~Earliest ~~Securities Exchange~~event ~~Act~~Reported): ofNovember ~~1934~~2, 2012

Date of Report (Date of earliest event reported): December 21, 2011

KRANEM CORPORATION
(Exact name of registrant as specified in its charter)

Colorado	000-53563	02-0585306
(State or other jurisdiction	(Commission	(IRS Employer
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
of incorporation)	File Number)	Identification No.)
incorporation or organization)

~~1840~~560 ~~Gateway~~S. ~~Drive~~Winchester Blvd., Suite ~~200,~~500 San ~~Mateo~~Jose, CA ~~94404~~95128 (Address of principal executive offices) ~~(Zip Code)~~

(650) 319-6743 (Registrant’'s telephone number, including area code~~: (650~~) ~~319-6743~~

__________________________________________________(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 (see General Instruction 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 14.01. ~~Entry~~Changes ~~into~~in aRegistrant’s ~~Material~~Certifying ~~Definitive Agreement.~~Accountant

~~On December 21, 2011,~~ Kranem Corporation (the “Company”) ~~entered~~ ~~into~~and aits ~~Stock Purchase Agreement (the “Purchase Agreement”) to~~independent ~~acquire~~registered ~~100%~~public ~~ownership~~accounting ~~of Adora ICT Srl~~firm, anDe ~~Italian~~Joya ~~company~~Griffith ~~(“Adora”), from~~& E-Company ~~Srl and Ms. Cristina Carra~~, ~~the~~LLC ~~existing stockholders of Adora~~ (~~the~~ “~~Sellers~~De Joya Griffith”)., ~~Adora~~have ~~provides~~not ~~telecommunications~~been ~~equipment~~able ~~and services~~ to ~~various~~resolve ~~customers~~issues inrelating ~~Italy.~~to ~~The~~amounts ~~aggregate~~due ~~consideration is contingent on the~~for ~~2011~~services. ~~and~~On ~~2012~~November ~~audited financials of Adora (the “Audit”), but is expected to be less than $~~2,~~500,000, and~~ ~~comprises (a) cash~~2012, ~~part~~De ofJoya ~~which~~Griffith ~~shall~~delivered beto ~~paid on~~ the ~~later of (i) the date that Adora’s 2011 audited financials is completed or (ii) the date that the~~ Company ~~closes its next equity financing and the remaining~~a ~~part~~letter of ~~which shall be on the day after Adora’s 2012 Audit is completed; and (b) stock at $1~~resignation.00 ~~per~~It ~~share (the “Transaction Stock”) part of which~~ is ~~to be issued on~~ the ~~day after Adora~~Company’s ~~2011~~position ~~Audit~~that isDe ~~completed~~Joya ~~and~~Griffith ~~the~~was dismissed ~~remaining~~as ~~part~~ of ~~which~~that ~~is to be issued on the day after Adora’s 2012 Audit is completed~~date.

~~The~~By ~~Purchase~~unanimous ~~Agreement~~written ~~requires~~consent ~~Mr.~~dated ~~Massimo~~November ~~Santangelo~~6, ~~(“Mr. Santangelo”)~~2012, the ~~current~~board of ~~chief~~directors ~~executive officer~~ of ~~Adora,~~the toCompany ~~continue~~confirmed ~~to work~~the ~~for~~dismissal ~~Adora~~of ~~for~~De ~~five~~Joya ~~years and prohibits him~~Griffith, ~~from~~effective ~~working~~November ~~with~~2, a2012. ~~competitor~~The orCompany ~~otherwise~~does ~~competing~~not ~~with~~have ~~Adora~~an ~~for~~audit ~~two years after he leaves Adora~~committee.

~~The~~During ~~Purchase~~the ~~Agreement~~years isended ~~subject~~December to31, ~~customary~~2011 ~~closing~~and 2010 and through ~~conditions~~the date of De Joya Griffith’s dismissal, ~~warranties~~there were (1) no disagreements with De Joya Griffith on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of De Joya Griffith, would have caused De Joya Griffith to make reference to the subject matter of the disagreements in connection with its reports on the Company’s financial statements, and ~~representations~~(2) no reportable events of the type described in paragraphs (A) through (D) of Item 304(a)(1)(v) of Regulation S-K.

~~Item~~The ~~2.01.~~Company ~~Completion~~has offurnished ~~Acquisition~~De orJoya ~~Disposition~~Griffith with a copy of ~~Assets~~this disclosure and requested De Joya Griffith to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company herein.

~~The~~SIGNATURE information in Item 1.01 is incorporated herein by reference in its entirety into Item 2.01. The Sellers, Adora and Mr. Santangelo signed the Purchase Agreement on December 20, 2011 and the Company signed it on December 21, 2011. The Company acquired Adora from the Sellers under the terms and conditions of the Purchase Agreement. The Parties agreed therein that the Purchase Agreement was to be effective on November 1, 2011.

~~Item~~Pursuant ~~3.02.~~to ~~Unregistered~~the ~~Sales~~requirements of ~~Equity~~the Securities Exchange Act of 1934, the registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

AsDated: ~~described~~November ~~in the Item 1.01 of this Current Report on Form~~ 8-K, ~~the Company will issue the Transaction Stock in two tranches on (i) the day after Adora’s 2011 Audit is completed and (ii) the day after Adora’s~~ 2012 Audit is completed. The shares are to be issued in reliance on the exemption from registration provided by Section 4(2) of the Securities Act of 1933 (the “Securities Act”). The Company relied on these exemptions from registration based in part on representations made by the Sellers. The shares of Common Stock may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Purchase Agreement stipulates that the Transaction Stock (i) is restricted securities and (ii) may not be sold or otherwise transferred except in accordance with all federal and state securities law.

~~This~~KRANEM ~~current~~CORPORATION report on Form 8-K does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitution an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.

~~The~~By: ~~foregoing~~/s/ ~~information set forth in Items 1.01, 2.01 and~~Edward ~~3.02 is qualified in its entirety by reference to the full text of the Purchase~~Miller ~~Agreement,~~Name: aEdward ~~copy~~MillerTitle: ofChief ~~which~~Financial ~~in redacted form is attached hereto as Exhibit 10.1, and is incorporated herein by reference.~~ Officer

~~Item~~2 ~~7.01 Regulation FD Disclosures.~~

The news release announcing this matter is furnished as Exhibit 99.1 and incorporated by reference herein. The information in this Item 7.01 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

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This Current Report on Form 8-K contains forward looking statements and are indicated by words such as “anticipates” and other similar words or phrases. Actual events or results may differ materially from those described herein. Such forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, include but not limited to the impact of the global economic environment on the Company’s customer base (particularly telecom and law enforcement agencies) and the resulting uncertainties; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new software, services and applications; difficulties or delays in absorbing and integrating acquired operations, technologies and personnel; loss of market share; pressure on pricing resulting from competition; and inability to maintain certain marketing and distribution arrangements.

Item 9.01. Financial Statements and Exhibits.

We will file the required financial statements of Adora's as an amendment hereto on or before March 7, 2012.

(d) Exhibits.

Exhibit No.	Description
10.1*	Stock Purchase Agreement (Redacted) between Kranem Corporation, a Colorado corporation, Adora, an Italian corporation, Mr. Santangelo, the CEO of Adora, and the equity holders of Adora.
99.1	Kranem Corporation Acquires Adora ICT Srl.

*Portions of this exhibit have been omitted pursuant to a request for confidential treatment, and the omitted information has been filed separately with the Securities and Exchange Commission.

SIGNATURE

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: December 27, 2011	KRANEM CORPORATION
	By:	/s/ Edward Miller
	Name:	Edward Miller
	Title:	Chief Financial Officer

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Exhibit Index

Exhibit No.	Description
10.1*	Stock Purchase Agreement (Redacted) between Kranem Corporation, a Colorado corporation, Adora, an Italian corporation, Mr. Santangelo, the CEO of Adora, and the equity holders of Adora.
99.1	Kranem Corporation Acquires Adora ICT Srl.

*Portions of this exhibit have been omitted pursuant to a request for confidential treatment, and the omitted information has been filed separately with the Securities and Exchange Commission.

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