-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Dyauzjesf+YruaXwbblGWako+Fn8sSQxOX8ro4yFdPtBxv/AQc4oRBqQpmGn9boJ
 sbD+iCHVhScLA27jgjdFOA==

<SEC-DOCUMENT>0001411115-08-000004.txt : 20081114
<SEC-HEADER>0001411115-08-000004.hdr.sgml : 20081114
<ACCEPTANCE-DATETIME>20081114165718
ACCESSION NUMBER:		0001411115-08-000004
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20081114
EFFECTIVENESS DATE:		20081114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Proteus Industries Inc
		CENTRAL INDEX KEY:			0001411115
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-107995
		FILM NUMBER:		081192559

	BUSINESS ADDRESS:	
		STREET 1:		15 Great Republic Dr
		CITY:			Gloucester
		STATE:			MA
		ZIP:			01930
		BUSINESS PHONE:		978-281-9545

	MAIL ADDRESS:	
		STREET 1:		15 Great Republic Dr
		CITY:			Gloucester
		STATE:			MA
		ZIP:			01930

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Proteus Industires Inc
		DATE OF NAME CHANGE:	20070829
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001411115</cik>
        <entityName>Proteus Industries Inc</entityName>
        <issuerAddress>
            <street1>15 Great Republic Dr</street1>
            <street2></street2>
            <city>Gloucester</city>
            <stateOrCountry>MA</stateOrCountry>
            <zipCode>01930</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>978-281-9545</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>Proteus Industires Inc</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>MA</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>R.</firstName>
                <middleName>Douglas</middleName>
                <lastName>Hall III</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName>D.</middleName>
                <lastName>Kelleher</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName></middleName>
                <lastName>Gorton</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>R.</middleName>
                <lastName>Birmingham</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Timothy</firstName>
                <middleName>F.</middleName>
                <lastName>Driscoll</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName>B.</middleName>
                <lastName>Maguire</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Craig</firstName>
                <middleName>H.</middleName>
                <lastName>Deery</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Walter</firstName>
                <middleName></middleName>
                <lastName>Suydam</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15 Great Republic Drive</street1>
                <street2></street2>
                <city>Gloucester</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>01930</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Biotechnology</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1 - $1,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2008-11-03</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Convertible Debt</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>25000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>750000</totalOfferingAmount>
            <totalAmountSold>100000</totalAmountSold>
            <totalRemaining>650000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Proteus Industries Inc</issuerName>
                <signatureName>R. Douglas Hall III</signatureName>
                <nameOfSigner>R. Douglas Hall III</nameOfSigner>
                <signatureTitle>Treasurer</signatureTitle>
                <signatureDate>2008-11-14</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----