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: August 11, 2005

SUNBURST ACQUISITIONS V, INC.

(Exact name of registrant as specified in its charter)

Registrant’s Telephone Number, including area code:  (303) 979-2404

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):

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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ITEM 5.01

Changes in Control of Registrant

On August 11, 2005, Onping Limited, a British Virgin Islands corporation, purchased 2,464,000 shares, or approximately 90% of the Company’s issued and outstanding common stock.  The shares were purchased from the following persons:

The purchase was made pursuant to a Stock Purchase Agreement dated June 21, 2005.  The purchase price of $25,000, or approximately $0.01 per share was paid in cash by Onping Limited.

ITEM 9.01

Financial Statements and Exhibits.

(c) Exhibits

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Stock Purchase Agreement dated June 21, 2005 among Onping Limited, a BVI company, Michael R. Quinn, Jay Lutsky, Grant W. Peck, Dean F. Sessions and Gary S. Joiner, and Sunburst Acquisitions V, Inc., a Colorado corporation.

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SIGNATURE

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 duly authorized.

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