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): ~~March~~April 1813, 2010 (~~March~~April 127, 2010)

SCOUT ACQUISITON, INC.

(Exact name of registrant as specified in its charter)

Delaware	000-52087	26-0133324
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

c/o Sands Brothers Venture Capital LLC 15 Valley Drive Greenwich, CT	06831
(Address of principal executive offices)	(Zip Code)

(203) 661-7500

(Registrant’s telephone number, including area code)

None

(Former name or former address 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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On ~~March~~April 137, ~~2008~~2010, Scout Acquisition, Inc. (the “Company”) issued four promissory notes, bearing ~~eight~~twelve ~~and one quarter~~ percent (~~8.25~~12%) interest annually, in the principal amounts of $42,~~375~~500, $85,~~750~~000, $1710,~~500~~000, and $42,~~375~~500 to Sands Brothers Venture Capital LLC, Sands Brothers Venture Capital II LLC, Sands Brothers Venture Capital III LLC and Sands Brothers Venture Capital IV LLC, respectively (the “~~March~~April ~~2008~~2010 Notes”), for an aggregate of $20,000. The ~~March 2008~~April 2010 Notes and all accrued interest ~~were~~mature ~~due~~on tothe date upon which the Company completes a merger transaction or similar transaction, and if no merger or similar transaction is consummated, the notes will mature on ~~March~~December 1331, 2010. A ifform of the ~~Company~~ ~~did~~April ~~not~~2010 ~~complete~~Notes ais attached ~~transaction~~hereto ~~pursuant~~as toExhibit ~~which~~4.1. The description of the ~~Company~~April ~~completes~~2010 Notes herein is intended to be a summary and is qualified in its entirety by the ~~merger~~terms ~~transaction~~and orconditions ~~similar~~of ~~transaction~~the form of note attached hereto as Exhibit 4.1.

On March 12, 2010, pursuant to the terms and conditions of amended and restated notes in the form attached hereto as Exhibit 4.1, the Company amended and restated the March 2008 Notes to extend the maturity date from March 13, 2010 to December 31, 2010 in the event the Company does not complete a merger transaction or similar transaction and to increase the interest rate to twelve percent (12%) annually. The noteholders, principal amounts and other terms and conditions of the A&R Notes remain identical to the terms and condition of the March 2008 Notes.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits: The following exhibits are filed as part of this report:

	Exhibit
	Number	Description
	4.1	Form of ~~Amended~~April ~~and~~2010 ~~Restated Promissory~~ Notes.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SCOUT ACQUISITION, INC.
Date: March 18, 2010	/s/ Scott Baily
Date: April 13, 2010	By:	/s/ Scott Baily
	~~Scott Baily~~	Scott Baily
	~~President~~	President

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