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): June 5, 2006

GRAY PEAKS, INC.

(Exact name of registrant as specified in its charter)

Delaware

33-118255

8-3697822

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)


1320 Tower Road, Schaumburg, IL		60173
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 847-598-3750

(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))

INFORMATION TO BE INCLUDED IN THE REPORT

Section 5-Corporate Governance and Management

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(b) On June 5, 2006, Llew Keltner, a Director of Gray Peaks, Inc., a Delaware corporation (the “Company”), informed the Company that he will not be standing for re-election as a Director at the Company’s 2006 Annual Meeting of Stockholders, which is to be held on June 15, 2006.

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.


	GRAY PEAKS, INC.
Date: June 21, 2006

	By:	/s/ Tim R. Sensenig
		Tim R. Sensenig
		Co-Chief Executive Officer

Gray Peaks, Inc. 8-K