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

~~THE~~Date ~~SECURITIES~~of ~~EXCHANGE~~Report ~~ACT~~(Date OFof ~~1934~~earliest event reported): February 28, 2012

Date of Report (Date of earliest event reported): January 13, 2012

Media Technologies, Inc.

(Exact Name of Registrant as Specified in Its Charter)

_____________________________________________________________________________________________________

Nevada

(State or Other Jurisdiction of Incorporation)


Nevada	000-53214	26-1703958
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)


11995 El Camino Real, Suite 301, San Diego, California	92130
(Address of Principal Executive Offices)	(Zip Code)

(858) 436-3350

(Registrant’s Telephone Number, Including Area Code)

___________________________________________________

(Former Name or Former Address, if changed since last report)

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:

. Written communications 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 1 of 32

Item 13.0102 –- ~~Entry~~Unregistered ~~into~~Sales aof ~~Material~~Equity ~~Definitive Agreement~~Securities.

~~Effective~~On ~~January~~February 1328, 2012, ~~Our~~the ~~World~~Company ~~Live~~issued ~~Inc.,~~an aaggregate ~~Nevada~~of ~~corporation (“OWL”)~~550,000 ~~and~~restricted ashares ~~wholly~~of ~~owned~~common ~~subsidiary~~stock oftwo ~~Media~~accredited ~~Technologies,~~investor ~~Inc.~~in ~~(“Media~~consideration ~~Technologies”~~of or the ~~“Company”)~~capital ~~entered~~contribution ~~into~~of a$275,000 ~~Settlement~~in ~~Agreement~~cash. No ~~Mutual~~underwriters ~~General~~were ~~Release~~used. The ~~(the~~securities ~~“Settlement~~were ~~Agreement”)~~issued ~~with~~pursuant ~~Bandcrashers,~~to ~~LLC~~an ~~(“Bandcrashers”),~~exemption ~~James~~from ~~Jensen~~registration ~~Consulting,~~provided ~~LLC~~under ~~and~~Section ~~James~~4(2) ~~Jensen,~~of ~~individually~~the ~~(collectively~~Securities ~~“Jensen”).~~Act of 1933.

Pursuant to the Settlement Agreement, the OWL and Bandcrashers resolved and settlement their dispute and respective ownership rights to certain intellectual property under the Cross License Agreement dated July 30, 2009, OWL and Jensen resolved and settlement their dispute under the Contract Employment Agreement entered into in June 2009. SIGNATURES

~~The~~Pursuant ~~foregoing description of the transaction does not purport~~ to ~~be complete and is qualified in its entirety by reference to~~ the ~~complete~~requirements ~~text~~ of the ~~Settlement~~Securities ~~Agreement~~Exchange ~~Mutual~~Act ~~General~~of ~~Release~~1934, athe ~~copy~~registrant ofhas ~~which~~duly iscaused ~~filed~~this asreport ~~Exhibit 10.01~~ to ~~this~~be ~~current~~signed ~~report~~ on ~~Form 8-K~~its ~~(this~~behalf ~~“Report”)~~by ~~and~~ the ~~information~~undersigned ~~contained~~thereunto ~~therein~~duly ~~is incorporated herein by reference~~authorized.

~~SIGNATURES~~Media Technologies, Inc.

~~Pursuant~~Dated: toMarch ~~the requirements of the Securities Exchange Act of 1934~~1, ~~the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~ 2012

~~Media~~/s/ ~~Technologies,~~Bryant ~~Inc~~D. Cragun

~~Dated~~By: ~~January~~Bryant ~~24,~~D. ~~2012~~Cragun

~~/s/ Bryant D. Cragun~~Its: President

~~By:~~Page ~~Bryant~~2 D.of ~~Cragun~~2

Its: President

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EXHIBIT INDEX

Exhibit
Number	Description of Exhibit
10.01	Settlement Agreement Mutual General Release

Page 3 of 3

Filing Compare · MEDIA TECHNOLOGIES, INC.