<SEC-DOCUMENT>0001062993-18-002995.txt : 20180724
<SEC-HEADER>0001062993-18-002995.hdr.sgml : 20180724
<ACCEPTANCE-DATETIME>20180724070448
ACCESSION NUMBER:		0001062993-18-002995
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180724
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180724
DATE AS OF CHANGE:		20180724

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:		18965593

	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>form8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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   <TITLE>Security Devices International Inc.: Form 8-K - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES</FONT></B><BR><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION</FONT><BR></B><B>WASHINGTON, D.C.
20549</B></P>
<P align=center><B><FONT size=5>FORM 8-K</FONT></B></P>
<P align=center><B>CURRENT REPORT <BR></B><B>PURSUANT TO SECTION 13 OR 15(D) OF
THE<BR></B><B>SECURITIES EXCHANGE ACT OF 1934 </B></P>
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  <TR vAlign=top>
    <TD align=center><B><U>July 24, 2018 </U></B></TD>
    <TD align=center width="50%"><B><U>333-132456 </U></B></TD></TR>
  <TR vAlign=top>
    <TD align=center>Date of Report (Date of earliest event reported) </TD>
    <TD align=center width="50%">Commission File Number </TD></TR></TABLE>
<P align=center><B><FONT size=5><U>SECURITY DEVICES INTERNATIONAL, INC.
<BR></U></FONT></B>(Exact name of registrant as specified in its charter) </P>
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  <TR vAlign=top>
    <TD align=center><B><U>Delaware </U></B></TD>
    <TD align=center width="50%"><B><U>71-1050654 </U></B></TD></TR>
  <TR vAlign=top>
    <TD align=center>(State or other jurisdiction of incorporation or
      organization) </TD>
    <TD align=center width="50%">(I.R.S. Employer Identification Number)
  </TD></TR></TABLE>
<P align=center><B>107 Audubon Road, Bldg 2, Suite 201<BR><U>Wakefield,
Massachusetts 01880</U><BR></B>(Address of Principal Executive Offices) (Zip
Code) </P>
<P align=center><B><U>(978) 868-5011 </U><BR></B>(Registrant&#146;s telephone number,
including area code) </P>
<P align=justify>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 align=justify>[&nbsp;&nbsp; ]&nbsp;&nbsp; Written communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425) </P>
<P align=justify>[&nbsp;&nbsp; ]&nbsp;&nbsp; Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) </P>
<P align=justify>[&nbsp;&nbsp; ]&nbsp;&nbsp; Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b)) </P>
<P align=justify>[&nbsp;&nbsp; ]&nbsp;&nbsp; Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c)) </P>
<P align=justify>Emerging Growth Company&nbsp;&nbsp; [&nbsp;&nbsp; ]&nbsp;&nbsp;
<BR>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.&nbsp;&nbsp; [&nbsp;&nbsp; ]&nbsp;&nbsp; </P>
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  <TR vAlign=top>
    <TD align=left><B>Item 8.01</B> </TD>
    <TD align=left width="90%"><B>Other Event</B> </TD></TR></TABLE>
<P style="text-indent:5%" align=justify>Wakefield, Massachusetts &#150; July 24,
2018<B> </B>- Security Devices International Inc. (&#147;SDI&#148; or &#147;the Company&#148;)
continues the development on their less lethal Personal Security Devices
(&#147;PSD&#148;), announces changes to officers of the Company and Board of Directors,
and issues securities to officer. A copy of the news release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference. </P>
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  <TR vAlign=top>
    <TD align=left><B>Item 9.01</B> </TD>
    <TD align=left width="90%"><B>Financial Statements and Exhibits</B>
  </TD></TR></TABLE><BR>
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  <TR vAlign=top>
    <TD align=left><B><U>Exhibit</U></B> </TD>
    <TD align=left width="33%"><B><U>Description</U></B> </TD>
    <TD align=left width="33%"><B>Method of Filing</B> </TD></TR>
  <TR>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="33%">&nbsp;</TD>
    <TD align=left width="33%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><a href="exhibit99-1.htm">Exhibit 99.1</a></TD>
    <TD align=left width="33%" bgColor=#eeeeee><a href="exhibit99-1.htm">Press Release dated July 24, 2018 </a></TD>
    <TD align=left width="33%" bgColor=#eeeeee><a href="exhibit99-1.htm">Attached as Exhibit
</a></TD></TR></TABLE><BR>
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  <TR vAlign=top>
    <TD align=left><B>Item 9.01</B> </TD>
    <TD align=left width="90%"><B>Financial Statements and Exhibits</B>
  </TD></TR></TABLE><BR>
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style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify><B>Financial Statements of Business
  Acquired.</B></P></TD></TR></TABLE>
<P align=justify>Not applicable.</P>
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style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify><B>Pro Forma Financial
Information.</B></P></TD></TR></TABLE>
<P align=justify>Not applicable.</P>
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  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify><B>Shell Company Transaction.</B></P></TD></TR></TABLE>
<P align=justify>Not applicable.</P>
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  <TR>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify><B>Exhibits.</B></P></TD></TR></TABLE>
<P align=justify>Not applicable. </P>
<P align=center>2</P>
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<P align=center><B>SIGNATURES </B></P>
<P style="text-indent:5%" align=justify>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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  <TR vAlign=top>
    <TD align=left></TD>
    <TD align=left width="59%" colSpan=2>SECURITY DEVICES INTERNATIONAL INC.
    </TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>July 24, 2018</TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="54%">/s/
      Dean Thrasher</TD></TR>
  <TR vAlign=top>
    <TD align=right></TD>
    <TD align=left width="5%">Name</TD>
    <TD align=left width="54%">Dean Thrasher </TD></TR>
  <TR vAlign=top>
    <TD align=right></TD>
    <TD align=left width="5%">Title: </TD>
    <TD align=left width="54%">Chief Executive Officer </TD></TR></TABLE>
<P align=center>3</P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>EXHIBIT 99,1
<TEXT>
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<P align=justify><B>PRESS RELEASE </B></P>
<P align=justify><B>SDI Announces Corporate Update </B></P>
<P align=justify>Wakefield, Massachusetts &#150; July 24, 2018<B> </B>(TSX-V: SDZ)
(OTCQB: SDEV) Security Devices International Inc. (&#147;SDI&#148; or &#147;the Company&#148;)
continues the development on their less lethal Personal Security Devices
(&#147;PSD&#148;), announces changes to officers of the Company and Board of Directors,
and issues securities to officer. </P>
<P align=justify><B>Development of Less Lethal Personal Security Devices
</B></P>
<P align=justify>On April 15, 2018, the Company announced its acquisition of
patents and related Intellectual Property (&#147;IP&#148;) focused on a new less lethal
platform that delivers chemical irritants from a handgun-like Personal Security
Device. As its first product offering utilizing the new IP, the Company is
planning the introduction of a small, light-weight, .68 caliber hand-held PSD
equipped with a 7-round magazine and capable of accurately and effectively
engaging a target at up to 60 feet &#150; less lethally and without causing serious
injury. Targeted at home owners and enthusiasts who want protection without the
burdens of gun ownership, the Company has already secured a commitment for 1,000
PSD&#146;s from one of the leading distributors of firearms and accessories on the
African continent. </P>
<P align=justify><B>Change to the Board of Directors </B></P>
<P align=justify>The Company is delighted to announce the addition of Paul
Jensen to the SDI Board of Directors. Mr. Jensen, a graduate of the United
States Military Academy at West Point, will bring his global network of contacts
along with extensive product development experience to the Board as the Company
expands outside of North America and continues to bring innovative security
products to market.</P>
<P align=justify><B>Changes in Executive Positions </B></P>
<P align=justify>Dean Thrasher has been appointed Executive Chairman of the
Company from his current position of CEO and will be responsible for the public
side of the business. Paul Jensen has been appointed Chief Executive Officer of
the Company from his current position as President &amp; COO and will continue
to steer our product development and move the Company into new markets that
require less lethal platforms and munitions. Bryan Ganz has been appointed
President of the Company from his current position of Executive Chairman and
will be responsible for capital markets, investor relations, and some of our
larger partners. </P>
<P align=justify><B>Issuance to Employee </B></P>
<P align=justify>The Company made a share issuance to Paul Jensen under the
employment agreement announced August 28, 2017. SDI issued 298,880 common shares
at a deemed price of CAD$0.2203 per share to satisfy the payment of USD $50,000
due in July 2018. The shares are subject to a four-month hold period. </P>
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<P align=justify>Mr. Jensen is a related party of SDI under Multilateral
Instrument 61-101 ("MI 61-101"). SDI is exempt from the formal valuation
requirement and shareholder approval requirement of MI 61-101 in connection with
this issuance. </P>
<P align=justify><B><U>About Security Devices International</U></B> <BR>SDI is a
technology company specializing in the areas of Personal Security Devices,
Military, Law Enforcement, Corrections, and Private Security. The Company
develops and manufactures innovative, less lethal equipment and munitions. </P>
<P align=justify><B><U>Forward Looking Statement</U></B> <BR>The information in
this news release includes certain information and statements about management&#146;s
view of future events, expectations, plans and prospects that constitute forward
looking statements. Because of certain risks and uncertainties and as a result
of a variety of factors, the actual results, expectations, achievements or
performance may differ materially from those anticipated and indicated by these
forward-looking statements. Although SDI believes that the expectations
reflected in forward looking statements are reasonable, it can give no
assurances that the expectations of any forward-looking statements will prove to
be correct. Except as required by law, SDI disclaims any intention and assumes
no obligation to update or revise any forward-looking statements to reflect
actual results, whether as a result of new information, future events, changes
in assumptions, changes in factors affecting such forward-looking statements or
otherwise. </P>
<P align=justify>NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. </P>
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  <TR vAlign=top>
    <TD align=left>For additional information contact: </TD></TR>
  <TR vAlign=top>
    <TD align=left>Paul Jensen, CEO </TD></TR>
  <TR vAlign=top>
    <TD align=left>Tel. 978-868-5011 </TD></TR>
  <TR vAlign=top>
    <TD align=left><I>www.securitydii.com</I> </TD></TR></TABLE><BR>
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