<SEC-DOCUMENT>0001157523-17-000778.txt : 20170310
<SEC-HEADER>0001157523-17-000778.hdr.sgml : 20170310
<ACCEPTANCE-DATETIME>20170310101254
ACCESSION NUMBER:		0001157523-17-000778
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170309
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170310
DATE AS OF CHANGE:		20170310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Security Devices International Inc.
		CENTRAL INDEX KEY:			0001354866
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		IRS NUMBER:				711050654
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-132456
		FILM NUMBER:		17680504

	BUSINESS ADDRESS:	
		STREET 1:		9325 PUCKETT ROAD
		CITY:			PERRY
		STATE:			FL
		ZIP:			32348
		BUSINESS PHONE:		905-582-6402

	MAIL ADDRESS:	
		STREET 1:		9325 PUCKETT ROAD
		CITY:			PERRY
		STATE:			FL
		ZIP:			32348
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51523637.htm
<DESCRIPTION>SECURITY DEVICES INTERNATIONAL, INC. 8-K
<TEXT>
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      <br>
      <br>
      <font style="font-size: 12pt"><b>UNITED STATES</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION&#160;</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>WASHINGTON,
      D.C. 20549</b></font>
    </p>
    <hr style="text-align: center; color: #000000; width: 20%; height: 1.0 pt">


    <p style="text-align: center">

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    <p style="text-align: center">
      <font style="font-size: 12pt"><b>FORM 8-K</b></font>
    </p>
    <hr style="text-align: center; color: #000000; width: 20%; height: 1.0 pt">


    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt"><b>CURRENT REPORT</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF THE</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman">
      <tr>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <b>March 9, 2017</b>
        </td>
        <td valign="top" style="width: 50%; padding-right: 0.0px; text-align: center; padding-left: 0.0px; white-space: nowrap">
          <b>333-132456</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          Date of Report (Date of earliest event reported)
        </td>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          Commission File Number
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-size: 16pt"><b>SECURITY DEVICES INTERNATIONAL, INC.</b></font><br>(Exact
      name of registrant as specified in its charter)<br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman">
      <tr>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <b>Delaware</b>
        </td>
        <td valign="top" style="width: 50%; padding-right: 0.0px; text-align: center; padding-left: 0.0px; white-space: nowrap">
          <b>71-1050654</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction of
          </p>
        </td>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (I.R.S. Employer
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            incorporation or organization)
          </p>
        </td>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification Number)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <b>25 Sawyer Passway</b><br><b>Fitchburg, Massachusetts 01420</b><br>(Address
      of Principal Executive Offices) (Zip Code)<br><br>
    </p>
    <p style="text-align: center">
      <b>(905)-582-6402</b><br>(Registrant&#8217;s telephone number, including area
      code)
    </p>
    <p>

    </p>
    <p>
      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:
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="text-indent: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-indent: 30.0px; text-align: left">

    </p>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 3.02 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Unregistered Sales of Equity Securities</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On March 9, 2017 Security Devices International, Inc. (the &#8220;Company&#8221;)
      issued 503,251 shares (the &#8220;Shares&#8221;) of its common stock to Northeast
      Industrial Partners LLC (&#8220;Northeast&#8221;) at a deemed price of $0.13 per
      share. Northeast is controlled by Bryan Ganz, a member of the Company&#8217;s
      board of directors. The Shares were the third installment to be paid by
      the Company to Northeast under that certain consulting agreement (the
      &#8220;Consulting Agreement&#8221;) as previously reported by the Company on a
      Current Report on Form 8-K filed June 24, 2016. The Shares were issued
      in reliance on the exemption from registration provided by Section
      4(a)(2) of the Securities Act of 1933, as amended.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      A copy of the Consulting Agreement was filed as <u>Exhibit A</u> to the
      Company&#8217;s Definitive Proxy Statement on Schedule 14(a) filed on November
      16, 2016.
    </p>
    <p style="text-align: justify">
      <b>Item 9.01 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits</b>
    </p>
    <p style="white-space: nowrap">
      &#160;(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b>Financial
      Statements of Business Acquired.</b>
    </p>
    <p>
      Not applicable.
    </p>
    <p style="white-space: nowrap">
      (b) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Pro Forma Financial Information.</b>
    </p>
    <p>
      Not applicable.
    </p>
    <p style="white-space: nowrap">
      (c) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Shell Company Transaction.</b>
    </p>
    <p>
      Not applicable.
    </p>
    <p style="white-space: nowrap">
      (d) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Exhibits.</b>
    </p>
    <p>
      Not applicable.
    </p>
    <p style="text-align: justify">

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      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.
    </p>
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    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman">
      <tr>
        <td style="width: 38%">

        </td>
        <td colspan="2" valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            SECURITY DEVICES INTERNATIONAL, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 38%">

        </td>
        <td style="width: 7%">

        </td>
        <td valign="top" style="width: 55%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 38%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 55%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 38%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 55%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 38%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            March 9, 2017
          </p>
        </td>
        <td valign="top" style="width: 7%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="width: 55%; text-align: left; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 10.0px; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Dean Thrasher
          </p>
        </td>
      </tr>
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        <td style="width: 38%">

        </td>
        <td valign="top" style="width: 7%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Name:
          </p>
        </td>
        <td valign="top" style="width: 55%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dean Thrasher
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 38%">

        </td>
        <td valign="top" style="width: 7%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Title:
          </p>
        </td>
        <td valign="top" style="width: 55%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Executive Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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