-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RLwlm9m08269d5f+nKvks5g7yoR+HUovUi/4YIeD2402dmRtZ9q1QsHbCW+a3Jnf 8tMe4bd8x/fWDnhVb44n/g== 0001072613-08-001465.txt : 20080711 0001072613-08-001465.hdr.sgml : 20080711 20080710214242 ACCESSION NUMBER: 0001072613-08-001465 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080701 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20080711 DATE AS OF CHANGE: 20080710 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPTICON SYSTEMS CENTRAL INDEX KEY: 0001380277 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52488 FILM NUMBER: 08948067 BUSINESS ADDRESS: BUSINESS PHONE: 727 417 9338 MAIL ADDRESS: STREET 1: PO BOX 778 CITY: ST PETERSBURG STATE: FL ZIP: 33731 FORMER COMPANY: FORMER CONFORMED NAME: OPTICON SYTEMS DATE OF NAME CHANGE: 20070302 FORMER COMPANY: FORMER CONFORMED NAME: TALARI SAM DATE OF NAME CHANGE: 20061106 8-K 1 form8-k_15993.htm OPTICON SYSTEMS, INC. Unassociated Document

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 1, 2008

OPTICON SYSTEMS, INC.
(Exact name of registrant as specified in its charter)

 
NEVADA
  
000-52488
  
20-2583185
  
 
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(IRS Employer Identification No.)
  

First floor, 1701 West Northwest Highway,  Grapevine, TX 76051
(Address of principal executive offices)   (ZIP Code)

817-305-0628
 (Registrant's telephone no., including area code)
 
 
_____________________________________________________________________
(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 (see General Instruction A.2. below):
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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

 
Item 3.02 Unregistered Sales of Equity Securities.

The following tables set forth information about our unregistered sales of securities on July 1, 2008.

Date
Title of Security
Amount
Purchaser
Price
Exemption
July 1, 2008
Common Stock
  56,326,400
Saed (“Sam”) Talari
$281,632.80
Section 4(2)

No underwriters were involved in the transaction, and accordingly there were no underwriting discounts or commissions.  The purchaser is one of our directors:  the “sale” involved the partial conversion of a 5% Subordinated Convertible Debenture issued December 31, 2007 and due December 31, 2008, with respect to advances made by the purchaser to us prior to the issue date.  Accordingly, the sale did not involve a public offering.

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.
 
  OPTICON SYSTEMS, INC.  
  (Registrant)  
       
Date July 1, 2008
By:
/s/ Sadruddin Currimbhoy  
    Sadruddin Currimbhoy  
       
       


 
 
 

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