Tuesday, May 23, 2006 2:01:35 PM
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 22, 2006
CYBER DEFENSE SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
FLORIDA 333-46224 55-0876130
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
10901 Roosevelt Blvd., Suite 100-D, St. Petersburg, Florida 33716
(Address of principal executive offices, including zip code)
(727) 577-0873
(Registrant's telephone number, including area code)
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 (see General Instruction A.2. below):
|_| Written communication pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
<PAGE>
ITEM 8.01 OTHER EVENTS
On May 22, 2006, Techsphere Systems International, Inc., ("TSI") a subsidiary of
Cyber Defense System, Inc., (the "Registrant") has closed on a lease contract
for two of its SA-60A Spherical Airships to a fortune 100 publicly held company
at an estimated initial contract value of approximately $4.2 million. The
Company received an initial down payment of $700,000, with the closing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: May 23, 2006
CYBER DEFENSE SYSTEMS, INC.
By: /s/ Billy Robinson
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Name: Billy Robinson
Title: Chief Executive Officer
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