<SEC-DOCUMENT>0001157523-18-000532.txt : 20180308
<SEC-HEADER>0001157523-18-000532.hdr.sgml : 20180308
<ACCEPTANCE-DATETIME>20180308161608
ACCESSION NUMBER:		0001157523-18-000532
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20180307
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180308
DATE AS OF CHANGE:		20180308

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:		18676645

	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>a51770453.htm
<DESCRIPTION>SECURITY DEVICES INTERNATIONAL, INC. 8-K
<TEXT>
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      <font style="font-size: 12pt"><b>UNITED STATES</b></font><br><font style="font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><font style="font-size: 12pt"><b>WASHINGTON,
      D.C. 20549</b></font><br><br><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>FORM 8-K</b></font><br><br><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(D)&#160;OF THE</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><br><br><br>
    </p>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 50%" valign="bottom">
          <p style="font-size: 10pt">
            <font style="font-size: 10pt; font-family: Times New Roman"><b>March
            7, 2018</b></font>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-right: 0.0px; width: 50%; white-space: nowrap" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>333-132456</b>
          </p>
        </td>
      </tr>
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        <td style="text-align: center; padding-left: 0.0px; width: 50%" valign="top">
          <p style="font-size: 10pt">
            <font style="font-size: 10pt; font-family: Times New Roman">Date
            of Report (Date of earliest event reported)</font>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 50%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Commission File Number
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>
      <font style="font-size: 14pt"><b>SECURITY DEVICES INTERNATIONAL, INC.</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br><br>
    </p>
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      <tr>
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Delaware </b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-right: 0.0px; width: 50%; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>71-1050654</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 50%" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction of incorporation or
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            organization)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 50%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (I.R.S. Employer Identification Number)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>107 Audubon Road, Bldg 2, Suite 201</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Wakefield, Massachusetts 01880</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          (Address of Principal Executive Offices) (Zip Code)
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px; padding-right: 0.0px; white-space: nowrap" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(978)-868-5011</b>
          </p>
        </td>
      </tr>
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        <td style="text-align: left; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          (Registrant&#8217;s telephone number, including area code)
        </td>
      </tr>
    </table>
    </div>
    <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>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging Growth Company <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; margin-left: 0pt; width: 100%; 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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p style="text-align: justify">
      <b>Item 3.02 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Unregistered Sales of Equity Securities</b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      On March 7, 2018 Security Devices International, Inc. (the &#8220;Company&#8221;)
      issued 507,550 shares (the &#8220;Shares&#8221;) of its common stock to Northeast
      Industrial Partners LLC (&#8220;Northeast&#8221;) at a deemed price of $0.1584 per
      share. Northeast is controlled by Bryan Ganz, a member of the Company&#8217;s
      board of directors. The Shares were the second installment to be paid by
      the Company to Northeast under a certain extension consulting agreement
      (the &#8220;Extension Consulting Agreement&#8221;) as previously reported by the
      Company on a Form 14A Definitive Proxy Statement filed December 5, 2017,
      with voting results reported by the Company on a Form 8-K filed December
      22, 2017. 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-align: justify; text-indent: 30.0px">
      The Company also made a share issuance to Paul Jensen, the Company&#8217;s
      President and COO under the employment agreement announced August 28,
      2017 and reported by the Company on a Form 14A Definitive Proxy
      Statement filed December 5, 2017, with voting results reported by the
      Company on a Form 8-K filed December 22, 2017. The Company issued
      339,370 common shares at a deemed price of CAD$0.1830 per share to
      satisfy the payment of USD $50,000 due in January 2018. 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.<br><br><br>
    </p>
    <p style="text-align: justify">
      <b>Item 9.01 Financial Statements and Exhibits</b><br><br>
    </p>
    <p>
      &#160;(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b>Financial
      Statements of Business Acquired.</b><br><br>
    </p>
    <p>
      Not applicable.<br><br>
    </p>
    <p>
      (b) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Pro Forma Financial Information.</b><br><br>
    </p>
    <p>
      Not applicable.<br><br>
    </p>
    <p>
      (c) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Shell Company Transaction.</b><br><br>
    </p>
    <p>
      Not applicable.<br><br>
    </p>
    <p>
      (d) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Exhibits.</b><br><br>
    </p>
    <p style="text-align: justify">
      Not applicable.
    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt">
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        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center; font-size: 10pt; font-family: Times New Roman">
          2
        </div>
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          <hr style="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">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.</font><br><br><br>
    </p>
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        <td style="width: 40%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            SECURITY DEVICES INTERNATIONAL, INC.
          </p>
        </td>
        <td style="width: 5%">

        </td>
      </tr>
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        <td style="width: 40%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="width: 5%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 5%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 5%">

        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td style="width: 8%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 47%" valign="top">

        </td>
        <td style="width: 5%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 40%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            March 7, 2018
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 8%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; padding-left: 0.0px; width: 47%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Dean Thrasher
          </p>
        </td>
        <td style="width: 5%">

        </td>
      </tr>
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        <td style="width: 40%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 8%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Name:
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 47%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dean Thrasher
          </p>
        </td>
        <td style="width: 5%">

        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 8%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Title:
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 47%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Executive Officer
          </p>
        </td>
        <td style="width: 5%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      3
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