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)

                                 March 30, 2007


                               Blue Holdings, Inc.
               (Exact name of registrant as specified in charter)

         (State or other Jurisdiction of Incorporation or Organization)

          000-33297                                    88-0450923
   (Commission File Number)                 (IRS Employer Identification No.)

                       5804 E. Slauson Ave., Commerce, CA
              (Address of Principal Executiv Offices and zip code)

                                 (323) 725-5555
                             (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  registrant  under any of the
following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR

|_| Soliciting  material  pursuant to Rule 14a-12(b)  under the Exchange Act (17
CFR 240.14a-12(b))

|_| 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))

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

      Information  included  in  this  Form  8-K  may  contain   forward-looking
statements  within the meaning of Section 27A of the  Securities Act and Section
21E of the  Securities  Exchange Act of 1934, as amended (the  "Exchange  Act").
This  information may involve known and unknown risks,  uncertainties  and other
factors  which  may  cause  Blue  Holdings'   actual  results,   performance  or
achievements  to be materially  different  from future  results,  performance or
achievements   expressed   or   implied  by  any   forward-looking   statements.
Forward-looking   statements,   which  involve  assumptions  and  describe  Blue
Holdings' future plans, strategies and expectations,  are generally identifiable
by use of the words "may," "will," "should," "expect," "anticipate," "estimate,"
"believe,"  "intend"  or  "project"  or the  negative  of  these  words or other
variations on these words or comparable terminology.  Forward-looking statements
are based on  assumptions  that may be incorrect,  and there can be no assurance
that any  projections  or other  expectations  included  in any  forward-looking
statements  will  come to pass.  Blue  Holdings'  actual  results  could  differ
materially from those expressed or implied by the forward-looking  statements as
a result of  various  factors.  Except as  required  by  applicable  laws,  Blue
Holdings  undertakes  no  obligation  to  update  publicly  any  forward-looking
statements for any reason,  even if new information  becomes  available or other
events occur in the future.

Section 2 - Financial Information

Item 2.02  Results of Operations and Financial Condition.

      On March 30, 2007, Blue Holdings, Inc. issued a press release announcing
its financial results for the fourth quarter and year ended December 31, 2006. A
copy of the press release is being furnished as Exhibit 99.1 to this report and
is incorporated herein by reference.

      The information in this report shall not be deemed "filed" for purposes of
Section  18 of the  Securities  Exchange  Act of 1934,  nor  shall it be  deemed
incorporated  by reference in any filing under the Securities Act of 1933 or the
Securities  Exchange  Act of 1934,  except  as shall be  expressly  set forth by
specific reference in such a filing.

Section 9 - Financial Statements and Exhibits

Item 9.01  Financial Statements and Exhibits.

      (a)   Financial statements of business acquired. None.

      (b)   Pro forma financial information. None.

      (c)   Shell Company Transactions. None.

      (d)   Exhibits.

            99.1  Press Release issued by the Registrant on March 30, 2007.


      Pursuant to the requirements of the Securities  Exchange Act of 1934, Blue
Holdings,  Inc.  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       Blue Holdings, Inc.

Date:  March 30, 2007                  By: /s/ Larry Jacobs
                                          Larry Jacobs,
                                          Chief Financial Officer and Secretary

                                  EXHIBIT INDEX

Exhibit Number   Description of Exhibit
--------------   ----------------------

      99.1       Press Release issued by the Registrant on March 30, 2007.