<SEC-DOCUMENT>0001513162-15-000110.txt : 20150410
<SEC-HEADER>0001513162-15-000110.hdr.sgml : 20150410
<ACCEPTANCE-DATETIME>20150303174219
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001513162-15-000110
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20150303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ITUS Corp
		CENTRAL INDEX KEY:			0000715446
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				112622630
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		12100 WILSHIRE BOULEVARD
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025
		BUSINESS PHONE:		31044845200

	MAIL ADDRESS:	
		STREET 1:		12100 WILSHIRE BOULEVARD
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COPYTELE INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
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<head><title>Correspondence</title> </head> <body style="FONT-SIZE:10pt; FONT-FAMILY:Times New Roman; COLOR:#000000; MARGIN-TOP:0px"> <p style=MARGIN:0px>&nbsp;</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=justify>March 3, 2015</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=justify><u>Via EDGAR</u></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=justify>Mark P. Shuman</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=justify>Branch Chief - Legal</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px">United States Securities and Exchange Commission</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px">Division of Corporation Finance</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px">100 F Street, NW</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px">Washington, DC 20549</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:-1pt; FONT-SIZE:1pt; MARGIN-TOP:14px"> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px; TEXT-INDENT:-2px" align=justify><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Re:&nbsp;&nbsp;</strong><strong>ITUS Corporation</strong></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; CLEAR:left; MARGIN-TOP:14px" align=justify><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registration Statement on Form S-1</b></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=justify><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Filed December 8, 2014</b></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=justify><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; File No. 333-200804</b></p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px" align=justify>&nbsp;&nbsp;</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px" align=justify>Dear Mr. Shuman:</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px" align=justify>&nbsp;</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px; TEXT-INDENT:48px" align=justify>ITUS Corporation (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>Company</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>, <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>we</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>, <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>us</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font> or <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>our</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) hereby transmits its response to the letter received by us from the staff (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>Staff</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) of the Securities and Exchange Commission (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>Commission</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) dated December 16, 2014 regarding our Registration Statement on Form S-1 (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><b>Registration Statement</b><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) previously filed on December 8, 2014. For your convenience, we have repeated below the Staff<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s comment in bold and have followed such comment with the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s response. &nbsp;</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px" align=justify>&nbsp;</p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px"><b><u>General</u></b></p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px"><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px"><b>1. Please update your filing to include audited financial statements and related disclosures for the fiscal year ended October 31, 2014. Refer to Item 8-08(b) of Regulation S-X. </b></p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px; TEXT-INDENT:48px" align=justify>We respectfully advise the Staff that we have amended our Registration Statement to include audited financial statements and related disclosures for the fiscal year ended October 31, 2014.</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px" align=center>******************</p> <p style=MARGIN:0px align=justify><br><br></p> <p style=MARGIN:0px align=center><br>&nbsp;</p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px; TEXT-INDENT:48px" align=justify>In making this response the Company acknowledges that:</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; FONT-FAMILY:Symbol; WIDTH:48px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:24px">&#183;</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px; TEXT-INDENT:-2px" align=justify>should the Commission or the Staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing;</p> <p style="MARGIN-BOTTOM:0px; CLEAR:left; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; FONT-FAMILY:Symbol; WIDTH:48px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:24px">&#183;</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px; TEXT-INDENT:-2px" align=justify>the action of the Commission or the Staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and</p> <p style="MARGIN-BOTTOM:0px; CLEAR:left; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:12pt; FONT-FAMILY:Symbol; WIDTH:48px; FLOAT:left; MARGIN-TOP:0px; TEXT-INDENT:24px">&#183;</p> <p style="FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN:0px; TEXT-INDENT:-2px" align=justify>the Company may not assert Staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.</p> <p style="MARGIN-BOTTOM:0px; CLEAR:left; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:48px; MARGIN-TOP:14px; TEXT-INDENT:48px" align=justify>We thank the Staff in advance for its consideration of the enclosed and the foregoing responses.&nbsp;&nbsp;Should you have any questions concerning the foregoing responses, please contact Matthew Bernstein, Esq. at (212) 370-1300.</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:288px; MARGIN-TOP:14px" align=justify>Very truly yours,</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:288px; MARGIN-TOP:14px" align=justify>ITUS Corporation</p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px" align=justify><br></p> <p style="MARGIN-BOTTOM:0px; FONT-SIZE:11pt; PADDING-LEFT:0px; MARGIN-LEFT:288px; MARGIN-TOP:14px" align=justify>By: <u>/s/ Robert A. Berman</u>____<br>Name: Robert A. Berman </p> <p style="FONT-SIZE:11pt; PADDING-LEFT:0px; MARGIN:0px 0px 0px 288px; TEXT-INDENT:-2px" align=justify>Title: President and Chief Executive Officer</p> <p style="MARGIN-BOTTOM:0px; CLEAR:left; MARGIN-TOP:16px"><br></p> <p style="MARGIN-BOTTOM:0px; MARGIN-TOP:16px"><br><br></p> <p style="FONT-SIZE:8pt; PADDING-LEFT:48px; MARGIN:0px">&nbsp;</p></body>
<!-- EDGAR Validation Code: C84ECA69 -->
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