-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QzE6vxveYLM+POMasdZxNGKnVEH3QmQeo4AtFqAvgE9jyu1Q/hvEeCy447MxXtQ1
 FWULNcqYRgk+35Og1+h7dg==

<SEC-DOCUMENT>0000950123-09-056079.txt : 20091102
<SEC-HEADER>0000950123-09-056079.hdr.sgml : 20091102
<ACCEPTANCE-DATETIME>20091102120922
ACCESSION NUMBER:		0000950123-09-056079
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091016
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20091102
DATE AS OF CHANGE:		20091102

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NETREIT
		CENTRAL INDEX KEY:			0001080657
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330841255
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-53673
		FILM NUMBER:		091150313

	BUSINESS ADDRESS:	
		STREET 1:		1282 PACIFIC OAKS PLACE
		CITY:			ESCONDIDO
		STATE:			CA
		ZIP:			92029-2900
		BUSINESS PHONE:		760-471-8536

	MAIL ADDRESS:	
		STREET 1:		1282 PACIFIC OAKS PLACE
		CITY:			ESCONDIDO
		STATE:			CA
		ZIP:			92029-2900
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>c91738e8vkza.htm
<DESCRIPTION>FORM 8-K/A
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 8-K/A</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">



<DIV style="font-size: 10pt">
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>


<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K/A</B><BR>
<FONT style="font-size: 10pt"><B>(Amendment No. 1)</B>
</FONT>


<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): October 16, 2009</B>

<P align="center" style="font-size: 24pt"><B>NetREIT<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>CALIFORNIA</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>000-53673</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>33-0841255</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
</TABLE>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>1282 Pacific Oaks Place<BR>Escondido, California <BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>92029</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(760) 471-8536</B>


<TABLE border="0" width="30%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="100%">&nbsp;</TD>
</TR>
<TR>
    <TD nowrap style="border-bottom: 1px solid #000000"><B>&nbsp;</B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
</TABLE>

<P align="left" style="font-size: 10pt">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 align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


<P>
<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>

</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">1
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<P align="center" style="font-size: 10pt"><B>EXPLANATORY NOTE</B>



<P align="justify" style="font-size: 10pt">This Current Report on Form 8-K/A amends and restates Item&nbsp;8.01 of the Current Report on Form 8-K filed by NetREIT with
the Securities and Exchange Commission on October&nbsp;22, 2009. At the time of the Original Filing, NetREIT mistakenly
reported that all the proposals presented for shareholder vote at its recently completed Annual Meeting had been
approved; however, NetREIT did not receive the requisite number of votes to amend the various provisions of the bylaws
presented at the Annual Meeting.


<P align="justify" style="font-size: 10pt"><B>Item&nbsp;8.01 Event Registrant Deems Important to Security Holder</B>


<P align="justify" style="font-size: 10pt">A meeting of the shareholders of NetREIT was held at the offices of NetREIT, 1282 Pacific Oaks Place, Escondido,
California at 9:00 a.m. Pacific Daylight Savings Time, with a quorum of the shareholders present either in person or by
proxy.


<P align="justify" style="font-size: 10pt">The Chairman presented the seven (7)&nbsp;current directors up for reelection and the election of Mr.&nbsp;William Allen, as
presented in the Proxy Statement. All eight (8)&nbsp;nominees for director were approved by a vote of 94.5% of the shares
entitled to vote and present at the shareholder meeting. The following were elected to serve as directors of NetREIT
until the 2010 Annual Shareholder Meeting; Jack K. Heilbron, Kenneth W. Elsberry, Bruce Staller, Sumner J. Rollings,
Thomas E. Schwartz, Larry G. Dubose, David Bruen, and William Allen.


<P align="justify" style="font-size: 10pt">The Chairman presented the proposals detailed in the Proxy Statement for shareholder vote; proposal 2A amends the
bylaws to provide for a change in the shareholder meeting date, proposal 2B amends the articles of incorporation and
bylaws to correct an inconsistency for the number of directors, proposal 2C amends the bylaws to require a majority
vote for the reduction of the number of directors to less than five (5), proposal 2D amends the bylaws to allow certain
investments for hedging purposes only and not for speculation, proposal 2E amends the bylaws to allow additional
company structures that may be used for investment in real property ownership, proposal 2F amends the bylaws to allow
for the issuance of redeemable, voting equity preferred stock, and proposal 2G amends the bylaws to remove all
references to Advisor(s) and Advisory contracts. The shareholders did not approve the proposals presented with respect
to the amendments to NetREIT&#146;s bylaws.


<P align="justify" style="font-size: 10pt">There being no other business to be presented the Chairman made a motion that the 2009 Annual Meeting of Shareholders
be adjourned. All those present voted for the motion to adjourn the meeting until the 2010 Annual Shareholders Meeting.


<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="justify" style="font-size: 10pt; text-indent: 4%">Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.


<P align="justify" style="font-size: 10pt; margin-left: 46%; font-size: 10pt">NetREIT


<P align="justify" style="font-size: 10pt">Date: November&nbsp;2, 2009


<P align="justify" style="font-size: 10pt; margin-left: 46%; margin-top: -11pt">By: <U><I>/s/ Kenneth Elsberry&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></U>
<DIV align="justify" style="font-size: 10pt; margin-left: 49%">Name: Kenneth Elsberry<BR>
Title: Chief Financial Officer
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">2
</DIV>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
