<SEC-DOCUMENT>0001062993-19-000312.txt : 20190123
<SEC-HEADER>0001062993-19-000312.hdr.sgml : 20190123
<ACCEPTANCE-DATETIME>20190123093900
ACCESSION NUMBER:		0001062993-19-000312
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190123
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190123
DATE AS OF CHANGE:		20190123

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:		19536631

	BUSINESS ADDRESS:	
		STREET 1:		107 AUDUBON ROAD
		STREET 2:		BLDG 2, SUITE 201
		CITY:			WAKEFIELD
		STATE:			MA
		ZIP:			01880
		BUSINESS PHONE:		978-868-5011

	MAIL ADDRESS:	
		STREET 1:		107 AUDUBON ROAD
		STREET 2:		BLDG 2, SUITE 201
		CITY:			WAKEFIELD
		STATE:			MA
		ZIP:			01880
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K
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<P align=center><B><font size="5">UNITED STATES</font></B><font size="5"> <BR>
</font><B><font size="5">SECURITIES AND EXCHANGE
COMMISSION</font></B> <BR><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</B> <BR><B>PURSUANT TO SECTION 13 OR 15(D) OF
THE</B> <BR><B>SECURITIES EXCHANGE ACT OF 1934</B> <BR></P>
<P align=center><B>January 23,
2019&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333-132456 </B><BR>Date of Report (Date of earliest event
reported)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp; Commission File Number <BR></P>
<P align=center><B><font size="5">SECURITY DEVICES INTERNATIONAL, INC. </font> </B>
<font size="5"><BR></font>(Exact name of
registrant as specified in its charter) <BR></P>
<P
align=center><B>Delaware&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
71-1050654 </B><BR>(State or other jurisdiction of incorporation
or&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(I.R.S. Employer Identification Number)
<BR>organization)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<BR></P>
<P align=center><B>107 Audubon Road, Bldg 2, Suite 201 <BR>Wakefield,
Massachusetts 01880<BR></B>(Address of Principal Executive Offices) (Zip
Code)</P>
<P align=center><B>(978) 868-5011 <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 <BR>the registrant
under any of the following provisions:<BR><BR>[&nbsp; ] Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) <BR><br>
[&nbsp; ]&nbsp;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)<br>
<BR>
[&nbsp; ]&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d -2(b))<BR> <br>
[&nbsp; ] Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
<BR><BR>Emerging Growth Company [&nbsp; ]<BR>If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition
period for <BR>complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. [&nbsp; ]<BR></P>
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<P align=justify><B>Item 3.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unregistered
Sales of Equity Securities </B></P>
<P align=justify>On January 23, 2019 Security Devices International, Inc. (the
&#147;Company&#148;) made a share issuance to Paul Jensen (&#147;Jensen&#148;), the Company&#146;s CEO
under the employment agreement announced August 28, 2017. The Company issued
134,938 common shares at a deemed price of CAD$0.1967 per share. The Agreement
provides for a quarterly payment of USD $50,000 to Jensen in shares of the
Company up to June 30, 2018. Starting July 1, 2018, Jensen is to be paid $10,000
in cash per month and the balance of his remuneration in common shares of the
Company. 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 align=justify>The Company also issued shares to Bryan Ganz (&#147;Ganz&#148;), the
Company&#146;s President under his consulting agreement dated June 1, 2018. The
Company issued 500,000 common shares for the term September 1, 2018 to November
30, 2018 for his services. 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 align=justify>The Company also issued shares to 2412457 Ontario Corp.
(&#147;2412&#148;) (a corporation controlled by Dean Thrasher), the Company&#146;s Executive
Chairman under his consulting agreement dated June 1, 2018. The agreement
provides for a monthly payment of USD $3,500 per month to 2412. The Company
issued 180,000 common shares for the term October 1, 2018 to December 31, 2018
for his services. 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 align=justify>The Company also issued shares to Lisa Klein Wager (&#147;Wager&#148;),
the Company&#146;s General Counsel under her consulting agreement dated October 29,
2018. The Company issued 166,666 common shares for her services for the term
October 29, 2018 through December 31, 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. </P>
<P align=justify>Additionally, the Company has issued 134,938 common shares to
Andre J. Buys Sr. (&#147;Buys&#148;) pursuant to his consulting agreement dated October
15, 2018 at a deemed price of CAD$0.1967 per share, to satisfy the payment under
which Buys provided engineering consulting services to the Company. 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 align=justify><B>Item
9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statements and Exhibits</B> <BR><BR>(a) <B>Financial Statements of Business
Acquired.</B><BR><BR>Not applicable.<BR><BR>(b) <B>Pro Forma Financial
Information.</B><BR><BR>Not applicable.<BR><BR>(c) <B>Shell Company
Transaction.</B><BR><BR>Not applicable.<BR><BR>(d) <B>Exhibits.</B><BR><BR>Not
applicable. <BR></P>
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<P align=center><B>SIGNATURES </B></P>
<P style="MARGIN-LEFT: 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>
    <TD align=left >&nbsp;</TD>
    <TD borderColor=#000000 align=left width="50%"
      >SECURITY DEVICES INTERNATIONAL, INC.&nbsp;</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD borderColor=#000000 align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD borderColor=#000000 align=left width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>January 23, 2019 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" borderColor=#000000 align=left
    width="50%">&nbsp; /s/ Paul Jensen</TD></TR>
  <TR vAlign=top>
    <TD
      align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </TD>
    <TD align=left width="50%">Name:&nbsp; Paul Jensen </TD></TR>
  <TR vAlign=top>
    <TD
      align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD align=left width="50%">Title: Chief Executive Officer
</TD></TR></TABLE><BR>
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