<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>usbl-8k_050714.txt
<TEXT>
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                                  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): JULY 14, 2005

                      UNITED STATES BASKETBALL LEAGUE, INC.
               (Exact Name of Registrant as Specified in Charter)


         Delaware                   001-15913             06-1120072
(State or Other Jurisdiction      (Commission          (I.R.S. Employer
         of Incorporation)         File Number)         Identification Number)


         46 Quirk Road
         Milford, Connecticut                          06460
         (Address of Principal Executive Offices)      (Zip Code)

                                 (203) 877-9508
              (Registrant's telephone number, including area code)

                     --------------------------------------

         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):

[ ]  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 (17CFR 240.14d-2(b))

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

<PAGE>


ITEM 4.01.  CHANGES IN REGISTANT'S CERTIFYING ACCOUNTANT

         (a) On July 14,  2005,  United  States  Basketball  League,  Inc.  (the
"Company")  dismissed  Holtz  Rubenstein  Reminick LLP ("Holtz") as  independent
auditors  for the  Company.  The  decision  to  dismiss  Holtz  and to seek  new
accountants was approved by the Company's Board of Directors.

         The audit reports of Holtz on the Company's  financial  statements  for
the years  ended  February  29, 2004 and  February  28, 2005 did not contain any
adverse   opinion  or  disclaimer  of  opinion  and  were  not  modified  as  to
uncertainty,  audit scope,  or  accounting  principles,  except that the opinion
issued with respect to the Company's  financial  statements  for the years ended
February  29, 2004 and February  28, 2005  included a reference  to  substantial
doubt  that  exists  regarding  the  Company's  ability to  continue  as a going
concern.

         With respect to the financial  statements  for the years ended February
29, 2004 and February 28, 2005 and the subsequent  interim period to the date of
dismissal,  there were no disagreements with Holtz, whether or not resolved,  on
any  matter  of  accounting   principles  or  practices,   financial   statement
disclosure, or auditing scope or procedure, which disagreements, if not resolved
to the satisfaction of Holtz,  would have caused them to make reference  thereto
in their reports on the financial  statements of the Company;  and there were no
reportable events or disagreements with Holtz as described in Item 304(a)(1)(iv)
of Regulation S-B.

         The Company  requested that Holtz furnish it with a letter addressed to
the  Securities  and  Exchange  Commission  stating  whether they agree with the
statements  made in this Item 4.01,  and if not,  stating the  respects in which
they do not  agree.  A copy of such  letter,  dated  July  15,  2005,  has  been
furnished  by Holtz and is filed as  Exhibit 16 to this  Current  Report on Form
8-K.

         (b) On July 14, 2005,  the Company  engaged  Michael T. Studer CPA P.C.
("Studer") to serve as the Company's  independent  auditor.  Neither the Company
nor anyone acting on its behalf  consulted with Studer  regarding (i) either the
application of any accounting principles to a specific completed or contemplated
transaction of the Company,  or the type of audit opinion that might be rendered
by Studer on the  Company's  financial  statements;  or (ii) any matter that was
either the  subject of a  disagreement  with  Holtz or a  reportable  event with
respect to Holtz.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS.

        (c) EXHIBITS.

Exhibit No.          Description
-----------          -----------
16                   Letter, dated July 15, 2005, from Holtz Rubenstein Reminick
                     LLP to the Securities and Exchange Commission.


                                       2
<PAGE>


                                   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.

Dated:  July 15, 2005


                                     UNITED STATES BASKETBALL LEAGUE, INC.


                                     By:  /s/ Daniel T. Meisenheimer, III
                                        ----------------------------------
                                           Daniel T. Meisenheimer, III
                                           President


                                       3
<PAGE>


                                  EXHIBIT INDEX


Exhibit No.          Description
-----------          -----------
16                   Letter, dated July 15, 2005, from Holtz Rubenstein Reminick
                     LLP to the Securities and Exchange Commission.


                                       4
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