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~~Earliest ~~event~~Event ~~reported~~Reported): ~~June~~ 29August 21, 2006

~~AGA~~Greater ~~RESOURCES,~~China ~~INC~~Media and Entertainment Corp.

(~~Exact~~formerly ~~Name~~AGA ofRESOURCES, ~~Registrant as Specified in Charter~~INC.)

Nevada	000-51781	N/A
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Nevada

(State or Other Jurisdiction of Incorporation)

000-51781

(Commission File Number)

N/A

(I.R.S. Employer Identification No.)

142-757 W. Hastings Street

Vancouver, British Columbia, Canada V6C 1A1

(Address of Principal Executive Offices) (Zip Code)

(778) 322-4332

(Registrant's Telephone Number, Including Area Code)

This Current Report on Form 8-1-K is filed by Greater China Media and Entertainment Corp., a Nevada corporation (the “Registrant”), in connection with the items set forth below.

~~This~~Check ~~Current~~ the appropriate ~~Report~~box onbelow if the Form 8-K filing is ~~filed~~intended byto ~~AGA~~simultaneously satisfy ~~Resources,~~the ~~Inc.,~~filing aobligation ~~Nevada~~of ~~corporation (~~the ~~“Registrant”),~~registrant inunder ~~connection~~any ~~with~~of the ~~item~~following provisions ~~set~~(see ~~forth~~General ~~below~~Instruction A.2. below):

~~ITEM~~[_] ~~2.01~~ Written ~~COMPLETION~~communications OFpursuant ~~ACQUISITION~~to ORRule ~~DISPOSITION~~425 OFunder ~~ASSETS~~the Securities Act (17 CFR 230.425)

~~The~~[_] ~~Agreement~~ Soliciting material pursuant to Rule 14a-12 under Exchange Act (17 CFR 240.14a-12)

On[_] ~~June 14,~~ Pre-commencement ~~2006,~~communications ~~the~~pursuant ~~Registrant~~to ~~entered~~Rule ~~into an Agreement with Triumph Research Limited, a corporation organized and existing under the laws of the British Virgin Islands~~ 14d-2(~~“Triumph”~~b), ~~Beijing Tangde International Film and Culture Co., Ltd., a company organized and existing~~ under the ~~laws of the Peoples’ Republic~~Exchange ~~of China (“Tangde”), and the Triumph Stockholders. Pursuant to the terms of the~~ Act ~~Agreement, all of the issued and outstanding four~~ (~~4) shares of capital stock,~~17 $1 CFR240.00 par value, of Triumph were to be exchanged in the aggregate for 3,209,000 investment shares of common stock, $0.00001 par value of the Registrant in an offering that is designed to be exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(14d-2~~) and Section 4~~(6b). As result of the exchange, Triumph, at the Closing, will become a wholly-owned subsidiary of the Registrant, and the Triumph Stockholders will own approximately 13.8% of the outstanding shares of the Registrant. )

~~The~~[_] ~~Closing~~ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c))

~~The~~Item ~~Closing occurred on June 27, 2006, and closing deliveries were made by the parties as contemplated by the Agreement~~ 4.01 ~~The~~Changes ~~Triumph Stockholders executed and delivered, among other things, Stock Powers conveying their equity interests~~ in ~~Triumph~~ toRegistrant’s ~~AGA.~~Certifying Inasmuch as Triumph failed to make its capital contribution to the Joint Venture between Triumph and Tangde in the amount of US$600,000, prior to closing, AGA exercised its option to withhold delivery of the stock certificates for the 3,209,000 common shares until such funding occurs, it being agreed that the rights of the Triumph Stockholders to such 3,209,000 shares under the Agreement are expressly conditioned upon their making of the agreed upon capital contributionAccountant. Further, pursuant to a Closing Agreement, the Triumph Stockholders expressly promised, jointly and severally, to pay such capital contribution in the amount of US$600,000 to the Joint Venture by no later than three months from the date of Closing. In the event of a continuing default, which management of AGA does not believe will occur based on its due diligence investigation of Triumph and its stockholders, AGA has several remedies, including legal action to enforce the payment obligation created by the Closing Agreement, as well as an action to rescind the Agreement.

~~-2-~~On August 21, 2006, we engaged Michael T. Studer, C.P.A., P.C., an independent registered firm of Certified Public Accountants, as our principal independent accountant with the approval of our company’s board of directors. Accordingly, we dismissed Moen and Company (“Moen”), Chartered Accountants as our independent registered public accounting firm. Moen advised us they ceased doing business.

The reports of Moen on the consolidated financial statements of the Company as of and for the years ended September 30, 2005 for the period from the date of inception on December 15, 2004, to September 30, 2005 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.

During the years ended September 30, 2005 through the date of dismiss, there were no disagreements with Moen on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Moen, would have caused Moen to make reference to the subject matter of the disagreement in its reports on the Company’s consolidated financial statements for such periods.

The Company has requested that Moen furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter is filed herewith as Exhibit 16.

Item 9.01. Financial Statements and Exhibits

16.1	Letter from Moen & Company, LLP to the Securities and Exchange Commission

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AGA RESOURCES, INC.
By	/s/ Zhang, JianPing
	Zhang, JianPing President
	Dated: June 29, 2006


	Greater China Media and Entertainment Corp.


Date: August 24, 2006	By:	/s/ Xin Wei
		[Missing Graphic Reference] Xin Wei
		Chairman

Filing Compare · GREATER CHINA MEDIA & ENTERTAINMENT CORP. (formerly AGA Resources, Inc.)