SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ~~______________________________________________________~~ FORM 8-K CURRENT REPORT Filed Pursuant to Section 13 or 15 (d) of the Securities Act of 1934 Date of Report (Date of earliest event reported): ~~July~~March 1416, ~~2005~~2006 CAPACITIVE DEIONIZATION TECHNOLOGY SYSTEMS, INC. (Exact name of registrant as specified in its charter) Commission File No. 000-28291

Nevada	86-0867960
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

~~13636~~4251 ~~Neutron~~Kellway ~~Rd.~~Circle, ~~Dallas~~Addison, TX ~~75244~~75001 (Address of principal executive offices) Registrant's telephone number, including area code: 972-934-1586 ~~Not Applicable~~ (Former ~~name~~address: or13636 ~~former~~Neutron ~~address~~Rd., ifDallas, ~~applicable~~TX 75244) Item 51.0201 ~~(d)~~Entry ~~Election~~into ofa ~~New~~Material ~~Director~~Definitive Agreement On ~~July~~March 1516, ~~2005~~2006, the ~~Board~~Registrant ~~voted~~agreed to ~~increase~~ the ~~number~~engagement of ~~directors~~Grant ~~from~~Thornton ~~four~~UK toLLP ~~five,~~as ~~and~~Nominated ~~elected~~Advisor ~~John Macgregor~~ to ~~fill~~ the ~~vacancy~~Company ~~as a new director. He was also named as a member of the Audit Committee. Mr. Macgregor retired from the World Bank~~ in ~~2004~~relation after 25 years of service. He coordinated Bank programs of lending and technical support for Egypt, Yemen, Jordan, Kenya, Somalia, Djibouti, and Bangladesh, and represented the Bank in dialogue with those governments on economic, fiscal, and administrative policies. There is no arrangement or understanding between Mr. Macgregor and any other person pursuant to ~~which he was selected as~~ a ~~director. There have been no transactions within the past two years, or~~ proposed ~~transactions,~~financial totransaction ~~which the Registrant was or is to be a party, in an amount exceeding $60,000, in which Mr. Macgregor had or is to have a direct or indirect interest. Item 5.03 Amendments to Bylaws By means~~ of aobtaining ~~unanimous~~admission ~~consent signed~~ on ~~July 14, 2005,~~ the ~~Board~~London ofStock ~~Directors~~Exchange ofAlternative ~~the~~Investment ~~Registrant~~Market ~~approved the amendment of the Registrant's By~~(LSE-~~laws~~AIM) tocontemporaneous bewith ~~effective as of April 1, 2005. This amendment makes~~ a ~~number~~planned ofinstitutional ~~updates~~placing ~~and~~on ~~clarifications: The amendment clarifies~~ the ~~location of the principal place of business~~LSE-AIM. ~~The amendment also changes the date of the annual meeting from January 15 to such date as the Board of Directors shall specify. The January 15 date was problematic~~Additionally, ~~because audited financial statements could not be available by that date. The amendment also allows~~ the ~~record~~Registrant ~~date~~has ~~for~~engaged aKirkpatrick ~~shareholders~~and ~~vote~~Lockhart toNicholson beGraham ~~fixed up to 60 days in advance~~LLP, ~~rather than no more than 20 days in advance. Similarly~~London, ~~the notice of a shareholders meeting may be sent out up~~ to 60provide ~~days~~legal inadvice ~~advance,~~and ~~rather~~assistance ~~than no more than 20 days~~ in ~~advance.~~relation ~~These changes are designed~~ to ~~accommodate~~ the ~~fact~~proposed ~~that~~AIM ~~the~~admission ~~Registrant is a public company~~ and ~~the additional time will accommodate better notice to shareholders~~fundraising. ~~The~~SIGNATURES ~~amendments~~Pursuant ~~also provide that notices~~ to ~~directors may be given by electronic means, as permitted by Nevada corporation law. The amendments also establish~~ the ~~position~~requirement of ~~Chief Operating Officer as an office of~~ the ~~Registrant.~~Securities ~~The~~and ~~amendments~~Exchange ~~also~~Act ~~provide that if the positions~~ of ~~Chief Executive Officer ('CEO") and President are held by different people~~1934, the ~~Board~~Registrant ~~may~~has ~~shift~~duly ~~some~~caused ~~duties~~this ~~from~~report ~~the President~~ to ~~the~~be ~~CEO.~~signed ~~The amendments also state that if at any time there is no Treasurer serving, then the Chief Financial Officer shall take~~ on ~~the~~its ~~duties~~behalf ~~of the Treasurer. The amendment allows the board to act~~ by means of unanimous consent signed either before or after an action is taken, in accordance with Nevada corporation law. The amendment clarifies that officer indemnification will not exceed limitations imposed by law. The amendment eliminates gender references. A copy of the ~~amendment~~undersigned ishereunto ~~attached~~duly ~~hereto as Exhibit 3~~authorized.1. Item 5.05 Adoption of a Code of Ethics On July 15, 2005, the Board of Directors adopted a Code of Conduct to be applicable to all directors, officers and employees. The Code is intended to establish a high ethical standard for the Registrant. The Code states that violations of the laws will not be tolerated. The Code also specifically addresses environmental law, health and safety, harassment and discrimination policies, conflict of interest and corporate opportunities, gifts and gratuities, and confidential information. A copy of the Code of Conduct is attached hereto as Exhibit 14.1. Item 9.01 Financial Statements and Exhibits (c) Exhibits

Exhibit No.	Description
	CAPACITIVE DEIONIZATION TECHNOLOGY SYSTEMS, INC.
3.1	Bylaws Amended Through April 1, 2005
Date: March 20, 2006	/s/ Dallas Talley
14.1	Code of Conduct for Directors, Officers and Employees
	Dallas Talley
	Chairman of the Board, Chief Executive Officer

SIGNATURES Pursuant to the requirement 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.

CAPACITIVE DEIONIZATION TECHNOLOGY SYSTEMS, INC. /s/ Dallas Talley Date: July 18, 2005

EXHIBIT INDEX

Exhibit No.	Description
3.1	Bylaws Amended Through April 1, 2005
14.1	Code of Conduct for Directors, Officers and Employees

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