UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): June 10, 2010

SRKP 27, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

000-53023	26-1583908
(Commission File Number)	(IRS Employer Identification No.)

4737 North Ocean Drive, Suite 207 Lauderdale by the Sea, FL	33308
(Address of Principal Executive Offices)	(Zip Code)

(310) 203-2902

(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 (see General Instruction A.2. below):

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 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

SRKP 27, Inc., a Delaware corporation (the "Company"), entered into a Share Exchange Agreement effective June 10, 2010 (the “Share Exchange Agreement”) with HHIT International Enterprise Management Limited, a company organized under the laws of the British Virgin Islands (“HHIT BVI”), HHIT International Group Limited, a company organized under the laws of Hong Kong and a wholly-owned subsidiary of HHIT BVI (“HHIT HK”), Guangzhou Huihai Information Sci-Tech Co., Ltd., a company organized under the laws of the People’s Republic of China and a wholly-owned subsidiary of HHIT HK (“HHIT PRC”), Guangzhou HHIT Enterprise Management Co., Ltd., a company organized under the laws of the People’s Republic of China and controlled by HHIT PRC by contractual agreements and arrangements (“HHIT Guangzhou”), and HHIT International Holdings Limited, a company organized under the laws of the British Virgin Islands and sole shareholder of HHIT BVI (the “HHIT Shareholder”). Pursuant to the Share Exchange Agreement, the Company agreed to issue an aggregate of 33,572,500 shares of its common stock to the HHIT Shareholder and/or its designees in exchange for 100% of the share capital of HHIT BVI (the "Share Exchange").

In connection with the Share Exchange Agreement, the Company also entered into a Share and Warrant Cancellation Agreement on June 10, 2010 with all of the Company’s existing stockholders (the “Share and Warrant Cancellation Agreement”), pursuant to which the stockholders agreed to cancel a maximum of 3,496,390 shares of common stock and warrants to purchase 5,768,890 shares of common stock prior to the closing of the Share Exchange, with the number of shares and warrants being cancelled depending on various factors.

Pursuant to the terms of the Share Exchange Agreement, the Company expects there will be approximately 38,672,500 shares of common stock and warrants to purchase 1,327,500 shares of common stock issued and outstanding after giving effect to the transactions contemplated by the Share Exchange Agreement, assuming the cancellation of the maximum number of shares and warrants pursuant to the Share and Warrant Cancellation Agreement.

The consummation of the Share Exchange is subject to certain conditions. The Share Exchange, if consummated, will result in a change-in-control of the Company and the assumption of HHIT BVI’s operations and liabilities. In connection with the change-in-control, there will be a new board of directors and management of the Company.

HHIT BVI is the 100% parent of HHIT HK and HHIT PRC. HHIT PRC, through a series of contractual arrangements, maintains effective control over the operations of HHIT Guangzhou and receives substantially all of the economic benefits of HHIT Guangzhou.

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.

	SRKP 27, INC.


Date: June 10, 2010
	By: /s/ Richard Rappaport
	Name: Richard Rappaport
	Title: President

SRKP 27 INC 8-K