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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (148049)	5/26/2006 10:11:06 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 150070

what ARU or BXM?

To: Rocket Red who wrote (148049)	5/30/2006 4:01:53 AM
From: M0NEYMADE	Respond to of 150070

PRXT...IS MONEYMADE'S NEW PICK ($4M contract unmanned drones ) investorshub.com Contract with fortune 100 company news (NO PR AS OF YET!) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------- 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 ------------------------------ Name: Billy Robinson Title: Chief Executive Officer