IMMULABS CORPORATION

                                Filing Type: 8-K
                           Description: Current Report
                         Filing Date: December 16, 2002
                          Period End: December 12, 2002

            Primary Exchange: Over the Counter Includes OTC and OTCBB
                                  Ticker: IMLB












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                                Table of Contents

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                                       8-K

ITEM 5.........................................................................1






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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

      Pursuant to Section 13 or 15d of the Securities Exchange Act of 1934

       Date of Report (date of earliest event reported): December 5, 2002


                              IMMULABS CORPORATION
             (Exact name of registrant as specified in its charter)



         Colorado                     0-26760                    84-1286065
 (State of Incorporation)          (Commission               (I.R.S   Employer
                                   File Number)              Identification No.)


              Suite 132-3495 Cambie St. Vancouver BC Canada V5Z 4R3
               (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code      (604) 696-0073





         (Former name, former address and former fiscal year,
                         if changed since last report.)


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ITEM 5.  OTHER EVENTS.

         The Company is in dispute  over the  purchase of a shuttle bus in 1998.
The owners of the bus lost the vehicle in  bankruptcy  and are looking to recoup
$97,508.58  due to  their  losses,  however,  the  title  of the bus  was  never
transferred  to the Company and the Company is looking to recoup some $15,000 in
payments  made  towards  the  purchase.  The  Company  is now  relying on former
directors of the Company as well as the estate of the Company's  former attorney
to  cover  the  costs.  These  parties  have  signed a Hold  Harmless  Agreement
indemnifying the Company from any costs arising from this matter.

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                                   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.

                                       Date: December 16, 2002

                                       IMMULABS CORPORATION








                                       By: /s/ Ben Traub
                                          ------------------
                                          Ben Traub
                                          President








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