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 event reported):  December 22, 2006
                                                       -------------------

                      PERFORMANCE CAPITAL MANAGEMENT, LLC
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          CALIFORNIA             0 - 50235               03-0375751
       -----------------       ------------         -------------------
      (State or other          (Commission            (I.R.S. Employer
        Jurisdiction           File Number)         Identification No.)
      of incorporation)

             7001 VILLAGE DRIVE, SUITE 255
             BUENA PARK, CALIFORNIA                        90621
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          (Address of principal executive offices)       (Zip Code)

     Registrant's telephone number, including area code:  (714) 736-3780
                                                         ----------------

          222 South Harbor Blvd, Suite 400, Anaheim, California  92805
         --------------------------------------------------------------
         (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 obligation 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 the 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 8.01     OTHER EVENTS.

On  December  22,  2006,  Performance  Capital  Management,  LLC (the "Company")
completed  a  Voluntary  Sale  Program  (the  "Program") under which the Company
provided holders of 99 or fewer Units in the Company the opportunity to sell all
of  their  Units  to  the  Company  at  a  price  of $4.75 per Unit. The Program
commenced  on  November  10,  2006.  The  number  of  Units  accounted  for  as
participating  in  the  Program totaled 13,534, leaving 550,591 Units issued and
outstanding.  The  total  amount  to  be  paid by the Company for those Units is
approximately  $64,287.  A report on Form 8-K dated November 10, 2006, and filed
on  November 15, 2006, by the Company, discloses further details of the Program.


                           FORWARD-LOOKING STATEMENTS
                           --------------------------

Except  for  the  historical information presented in this document, the matters
discussed  in  this  Form  8-K  or otherwise incorporated by reference into this
document  contain  "forward-looking  statements" (as such term is defined in the
Private  Securities  Litigation  Reform  Act  of  1995). These statements can be
identified  by  the  use  of  forward-looking  terminology  such  as "believes,"
"plans,"  "expects,"  "may,"  "will,"  "intends,"  "should," "plan," "assume" or
"anticipates"  or the negative thereof or other variations thereon or comparable
terminology, or by discussions of strategy that involve risks and uncertainties.
The  safe  harbor  provisions  of  Section 21E of the Securities Exchange Act of
1934,  as  amended,  and  Section 27A of the Securities Act of 1933, as amended,
apply to forward-looking statements made by Performance Capital Management, LLC.
You  should  not  place  undue  reliance  on  forward  looking  statements.
Forward-looking  statements  involve risks and uncertainties. The actual results
that we achieve may differ materially from any forward-looking statements due to
such  risks  and  uncertainties.  These  forward-looking statements are based on
current  expectations,  and  we assume no obligation to update this information.
Readers  are urged to carefully review and consider the various disclosures made
by  us  in  this  report  on  Form  8-K  and in our other reports filed with the
Securities  and Exchange Commission that attempt to advise interested parties of
the  risks  and  factors  that  may  affect  our  business.


                                   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.


                                        PERFORMANCE CAPITAL MANAGEMENT, LLC


  December 29, 2006                     By:  /s/ William D. Constantino
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      (Date)                               William D. Constantino
                                           Its: Chief Officer of Legal Affairs