U.S. SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-KSB/A
 
|X| ANNUAL REPORT PURSUANT SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE
 
ACT OF 1934. For the fiscal year ended December 31, 2007.
 
o TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934. For the transition period from ____________ to
 
Commission file number 0-26604
Allied Security Innovations, Inc.
Formerly Digital Descriptor Systems, Inc.
 
(Name of small business issuer in its charter)
   
Delaware
23-2770048
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
   
1709 Route 34, Suite 2, Farmingdale, New Jersey
08750
(Address of principal executive offices)
(Zip Code)
 
 
Registrant's Telephone number, including area code: (732) 359-0260
 
Securities registered under 12(b) of the Exchange Act: None
 
Securities registered under Section 12(g) of the Act: Common Stock
 
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o
 
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 Regulation S-B is not contained herein, and will not be contained, to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-KSB or any amendment to this Form10-KSB.
 
The issuer had revenues of $4,367,941 for the fiscal year ended December 31, 2007.
 
As of February 29, 2008, 1,054,267,741 shares of the issuer's Common Stock were outstanding.
 
DOCUMENTS INCORPORATED BY REFERENCE
 
None
 
Transitional Small Business Disclosure Format Yes o No x

 
Explanation of Amendment

a.  
This amendment dated October 16, 2008 is to serve to amend the December 31, 2007 Form 10-KSB to update the Certifications the to new required forms
 
These amendments do not change any of the financial statements that were filed timely
 
No.
 
 
31.1
 
Certification of Chief Executive Officer pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
 
 
 
31.2
 
Certification of Chief Financial Officer pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
 
 
 
32.1
 
Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes- Oxley Act of 2002
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
     
 
 
 
 
ALLIED SECURITY INNOVATIONS, INC.
 
(Registrant)
 
 
 
 
 
 
Date: October 16, 2008
By:  
/s/ ANTHONY SHUPIN
 
Anthony Shupin 
 
(President, Chief Executive Officer)
(Chairman)
 
 
 
 
Date: October 16, 2008
By:  
/s/ MICHAEL J. PELLEGRINO
 
Michael J. Pellegrino
 
Senior Vice President & CFO
(Principal Financial and Accounting Officer)