SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

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

                        Date of Report: September 30, 2008

                              Synergy Brands, Inc.
             (Exact name of registrant as specified in its charter)

Delaware                            0-19409                   22-2993066
(State of incorporation)     (Commission File No.)           (IRS Employer
                                                            Identification No.)

                     223 UNDERHILL BLVD., SYOSSET, NY 11791
               (Address of principal executive offices) (zip code)

   Registrant's telephone number, including area code: 1-516-714-8200

                                 Not Applicable
          (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 obligations of the registrant under any of the
following provisions.

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

[ ]  Soliciting  material  pursuant to Rule 14a-12  under  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))



Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard.

     The  Registrant  received from Counsel to the Nasdaq  Hearings Panel of the
NASDAQ Stock Market a notice dated  September 30, 2008  informing the Registrant
that  effective  October 2, 2008 the Nasdaq  Hearings  Panel has  determined  to
delist the shares of Synergy  Brands Inc.  from the Nasdaq Stock Market and that
the Registrant's  shares will be suspended from trading on such market effective
that date  because the  Registrant's  common  stock has closed below the minimum
$1.00 per share Nasdaq  requirement  for continued  inclusion of such securities
for listing to trade on the NASDAQ  Stock  Market  under  Marketplace  Rule 4310
(c)(4).  A listing of the  Registrant  as  currently  non-complaint  and reasons
therefore  is  to be  posted  on  the  NASDAQ  website  at  www.nasdaq.com.  The
Registrant  currently  has  decided not to furhter  appeal  such  decsion and is
contemplating  and arranging for  participation in available  alterative  public
marketing as is available. A copy of the relevant press release published by the
Registrant is attached as an exhibit hereto.

                                   SIGNATURES

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

                              Synergy Brands, Inc.

                              By: /s/ Mair Faibish
                                  ----------------
                                      Mair Faibish
                             Chairman of the Board

                            By: /s/ Mitchell Gerstein
                                ---------------------
                                    Mitchell Gerstein
                              Chief Financial Officer

Dated:  October  2, 2008





Exhibits:

Exhibit 99  - Press Release dated October 1, 2008.