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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EB16pg8vg2Tt4ro5yhDTIue/ZtH6A/TblMMx00Di4ddJnhOHvAydqLsDqtouUEQ6
 1AXirQDedoFQQy3CG2NJWw==

<SEC-DOCUMENT>0000891554-02-001228.txt : 20020415
<SEC-HEADER>0000891554-02-001228.hdr.sgml : 20020415
ACCESSION NUMBER:		0000891554-02-001228
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020306
ITEM INFORMATION:		Other events
FILED AS OF DATE:		20020311

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVEX SYSTEMS INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000945634
		STANDARD INDUSTRIAL CLASSIFICATION:	CONCRETE PRODUCTS, EXCEPT BLOCK & BRICK [3272]
		IRS NUMBER:				411759882
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26112
		FILM NUMBER:		02572263

	BUSINESS ADDRESS:	
		STREET 1:		16 CHERRY ST
		CITY:			CLIFTON
		STATE:			NJ
		ZIP:			07014
		BUSINESS PHONE:		9737772307

	MAIL ADDRESS:	
		STREET 1:		16 CHERRY ST
		CITY:			CLIFTON
		STATE:			NJ
		ZIP:			07014
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d28173_8k.txt
<DESCRIPTION>CURRENT REPORT
<TEXT>

                                    FORM 8-K

                                  UNITED STATE
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): March 6, 2002

                        NOVEX SYSTEMS INTERNATIONAL, INC.
             (Exact name of registrant as specified in its charter)

        New York                     0-26112                     41-1759882
(State of Jurisdiction)      (Commission File Number)      (IRS Employer ID No.)

16 Cherry Street                Clifton, New Jersey                 07014
(Address of Principal Executive offices)                          (Zip Code)

Registrant's telephone number, including area code 973-777-2307


                                                   Name of each exchange on
    Title of each class                                which registered
    -------------------                                ----------------
Common Stock $.001 par value                    OTC Electronic Bulletin Board


                       DOCUMENTS INCORPORATED BY REFERENCE

Location in Form 8-K                                     Incorporated Document
- --------------------                                     ---------------------
None                                                     None


<PAGE>


Item 1.        Changes in Control of Registrant.  None

Item 2.        Acquisition or Disposition of Assets. None.

Item 3.        Bankruptcy or Receivership. None

Item 4.        Changes in Registrant's Certifying Accountant. None.

Item 5.        Other Events. The Registrant's secured lender, Dime Commercial
               Corp., has issued a demand letter to the Registrant requesting
               full payment on the Registrant's notes for its revolving line of
               credit in the amount of $525,000 and its term loan for $700,000.
               Both notes have a stated maturity date of August 12, 2002. The
               notes were being called for covenant defaults since the
               Registrant is current with all its principal and interest
               payments. The Registrant is actively pursuing new financing
               sources to replace the loans with Dime and is also considering
               the prospects of a sale and leaseback transaction for its real
               property and buildings located at 16 Cherry Street, Clifton, New
               Jersey. With respect to both financing alternatives, the
               Registrant believes it will secure sufficient funding to pay-off
               the notes owing to Dime and possibly secure additional working
               capital to improve the company's operations.

Item 6.        Resignation of Registrant's Directors. None.

Item 7.        Financial Statementsand Exhibits.  None.

Item 8.        Change in Fiscal Year.  None.

Item 9.        Sales of Equity Securities Pursuant to Regulation S. None

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in capacities and on the dates indicated and is duly authorized.


NOVEX SYSTEMS INTERNATIONAL, INC.


By:  /s/ Daniel W. Dowe
    ------------------------------
    Daniel W. Dowe, President


Dated: March 6, 2002


                                       ii


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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