-----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, NOtEiKvZ23e9uCjoytODLfxfB6xWWP0baoMliS7/KOECC0KypXu+R6vbohBxHUv0 bIBzCyxTzooZjIRDoE4GHg== 0001144204-07-027365.txt : 20070518 0001144204-07-027365.hdr.sgml : 20070518 20070518170502 ACCESSION NUMBER: 0001144204-07-027365 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070516 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070518 DATE AS OF CHANGE: 20070518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MSGI SECURITY SOLUTIONS, INC CENTRAL INDEX KEY: 0000014280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 880085608 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01768 FILM NUMBER: 07865490 BUSINESS ADDRESS: STREET 1: 575 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 917-339-7134 MAIL ADDRESS: STREET 1: 575 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: MEDIA SERVICES GROUP INC DATE OF NAME CHANGE: 20041202 FORMER COMPANY: FORMER CONFORMED NAME: MEDIA SERVICE GROUP INC DATE OF NAME CHANGE: 20040408 FORMER COMPANY: FORMER CONFORMED NAME: MKTG SERVICES INC DATE OF NAME CHANGE: 20020403 8-K 1 v076116_8-k.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
FORM 8-K
 
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report: May 16, 2007
 
 
(Exact name of Registrant as specified in charter)

 
Nevada
 0-16730 
88-0085608
(State or other jurisdiction of incorporation)
(Commission File No.) 
(I.R.S. Employer Identification No.)
     

 
575 Madison Avenue
New York, New York 10022
(Address of Principal Executive Offices)
 
917-339-7134
(Registrant’s telephone number, including area code)
 

 
 
 
Item 1.01. Entry into a Material Definitive Agreement.

On May 16, 2007 the Company issued 850,000 unregistered common shares to Coda Octopus Group, Inc. (CODA) as full and final payment and a release of all financial obligations resulting from loans made by CODA to the Company and/or Innalogic LLC, the Company’s subsidiary through the period ended March 30, 2007. As disclosed in the Company’s report on Form 10QSB, during the quarter ended December 31, 2006, the Company received funding, from a certain New York based homeland security firm as an advance in contemplation of a further strategic transaction between the two parties. This certain firm also paid directly, in support of our subsidiary Innalogic LLC, certain operating expenses. CODA is also in the security technology business and it is believed that a strategic relationship with CODA would yield a stronger competitive offering to potential customers.

Item 9.01. Financial Statements and Exhibits

(a)
N/A

(b)
N/A

(c)
N/A

(d)
N/A


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.

 
  MSGI SECURITY SOLUTIONS, INC.
   
   
Date: May 18, 2007 By: /s/ Richard J. Mitchell III                                                       
  Name: Richard J. Mitchell III, Chief Accounting Officer
      
 
 
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