UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

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FORM 8-K

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CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): June 22, 2006

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AVENUE GROUP, INC.

(Exact name of Registrant as specified in its charter)

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Delaware	000-30-543	90-0200077
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification
incorporation)		No.)

405 Lexington Avenue, 26^th Floor

New York, New York 10174

(Address of principal executive offices)

(888) 612-4188

(Registrant's Telephone Number, Including Area Code)

(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))

SECTION 8 – OTHER EVENTS

Item 8.01 Other Events

On June 22, 2006, Avenue Group, Inc. (the “Registrant”) issued a press release announcing that the Registrant’s wholly-owned subsidiary, Avenue Energy, Inc. has signed an agreement with Oil & Gas Management, Inc, (“OGM”) to participate in the drilling of up to 15 gross wells in the Appalachian Basin.

For all the statements made in the press release, reference is hereby made to such press release annexed hereto as Exhibit 99.1. All statements made herein concerning the press release are qualified by references to said exhibit.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits.

(a)

Financial Information. Not applicable

(b)

Pro forma financial information. Not applicable

(c)

Exhibits.

The following exhibit is included with this report:

Exhibit 99.1

Press Release, dated June 22, 2006, issued by Avenue Group, Inc.

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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.

Date: June 22, 2006


	AVENUE GROUP, INC.
		(Registrant)

	By:	/s/ LEVI MOCHKIN
	Name:	Levi Mochkin
	Title:	President and Chief Executive Officer

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AVENUE GROUP INC 8-K