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 and Exchange Act of 1934

       Date of Report (Date of earliest event reported):  December 4, 2002


                           RRUN VENTURES NETWORK, INC.
             (Exact name of Registrant as specified in its charter)

  Nevada                       000-27233                    98-0204736
(State or Other            (Commission File               (IRS Employer
Jurisdiction  of                Number)                    Identification
Incorporation)                                                 Number)

4th Floor, 62 W. 8th Avenue, Vancouver, British Columbia, Canada    V5Y 1M7
     (Address of principal executive offices)                      (Zip Code)

                                 (604) 682-6541
              (Registrant's telephone number, including area code)






ITEM 1.     CHANGES IN CONTROL OF REGISTRANT

            Not Applicable.

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS

On  December  4,  2002,  the  Company completed the divestment of its subsidiary
AXXUS Corporation in exchange for the cancellation of Company debt in the amount
of  $411,406.  The  upshot of the transaction was the disposition by the Company
of  its uncompleted technology projects in exchange for the cancellation of debt
owed  by  the  Company  to  the  contractor  developing  the  technology.

Since  inception  the  Company's  original business strategy was to operate as a
venture  development  organization  initially  focused  on  content distribution
utilizing the Internet. Originally, the Company's core business venture was RAHX
1.0, a software platform that uses Peer to Peer (P2P) technologies to enable and
enhance  the  distribution  of  digital  media  files  over  the  Internet.  The
technology  has  not  reached commercial viability and the Company can no longer
fund its development.  Accordingly, it was determined to be in the best interest
of the Company to divest itself of the unfinished technology in exchange for the
cancellation  of  debt  owed  by  the  Company  for  its  development.

The  Stock Purchase Agreement  which consummated the transaction was between the
Company and Emanuel Koseos who had been serving as our Chief Technology Officer,
a  position  from  which  he  has  now  resigned.

ITEM 3.     BANKRUPTCY OR RECEIVERSHIP

            Not Applicable.

ITEM 4.     CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

            Not Applicable.

ITEM 5.     OTHER EVENTS

            Not Applicable

ITEM 6.     RESIGNATIONS OF REGISTRANT'S DIRECTORS

            Not Applicable.


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ITEM 7.     FINANCIAL STATEMENTS AND EXHIBITS

            Financial Statements

            None

            Exhibits

            10.1  Stock Purchase Agreement

ITEM 8.     CHANGE IN FISCAL YEAR

            Not Applicable.


                                   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.

                                   RRUN VENTURES NETWORK, INC.


DATED:  December 13, 2002          By:  /s/ Ray Hawkins
                                        ------------------------------------
                                        Ray Hawkins
                                        Chief Executive Officer


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