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):  July 17, 2007


                                CANEUM, INC.
             (Exact Name of Registrant as Specified in Charter)


NEVADA                            000-30874                        33-0916900
(State or Other Jurisdiction     (Commission                    (IRS Employer
of Incorporation)                File Number)             Identification No.)


170 Newport Center Drive, Suite 210, Newport Beach, CA                  92660
(Address of Principal Executive Offices)                           (Zip Code)

Registrant's telephone number, including area code:  (949) 273-4000

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

     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act

     [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
          Exchange Act

     [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
          Exchange Act

Item 1.01 Entry into a Material Definitive Agreement

     On July 17, 2007, our Compensation Committee approved an increase to the
current compensation payable to Gary Allhusen, Chief Operating Officer and
Executive Vice-President of the Company, pursuant to his existing employment
agreement with the Company.  Effective retroactive to June 1, 2007, the
Company will furnish and pay to him a non-accountable expense



allowance of $5,000 per month for the remaining term of his employment
agreement.  This amount will be in addition to any reimbursable expenses
payable pursuant to section 5(f) of his employment agreement.

                                  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.

                                        Caneum, Inc.

Date: July 25, 2007                     By /s/ Suki Mudan
                                           Suki Mudan, President



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