UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): July 727, 2011

SUSPECT DETECTION SYSTEMS INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

333-141211 (Commission File Number) 98-0511645 (IRS Employer Identification No.)

333-141211		98-0511645
(Commission File Number)		(IRS Employer Identification No.)

150 West 56th Street, Suite 4005, New York, NY 10019

(Address of Principal Executive Offices, Zip Code)

212 - 977-4126

(Registrant's Telephone Number, Including Area Code)

Not applicable

-----------------------------------------------------------------------

(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 (see General Instruction A.2. below):

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))

Section 5-Corporate Governance and Management

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of ~~Principal~~Certain Officers; Compensatory Arrangements of Certain Officers.

On July 727, 2011, Suspect Detection Systems Inc. (the ~~"Registrant"~~“Company”) ~~filed~~entered ainto ~~Current~~an ~~Report~~indemnification onagreement ~~Form~~with ~~8-K~~Shabtai Shoval and with ~~respect~~Yoav toKrill ~~the~~and ~~resignation~~Gil ofBoosidan on July 29, 2011. Mr. ~~Ran~~Shoval ~~Daniel~~is asthe ~~Chief~~chief ~~Financial~~executive ~~Officer~~officer of ~~the~~Suspect ~~Registrant~~Detection ~~(the~~Systems ~~"Report")~~Ltd., ~~This~~the ~~Current~~Company's ~~Report~~operating subsidiary, Mr. Krill is ~~being~~the ~~filed~~Chairman toof ~~further~~the ~~explain~~Company and Mr. Boosidan is the ~~circumstances~~Company's ~~regarding~~Chief ~~such~~Executive ~~resignation~~Officer and a director.

~~Mr.~~Pursuant ~~Daniel~~to ~~requested~~the ~~that~~agreements, the ~~Registrant~~Company ~~remove~~agreed ~~the~~to ~~sentence~~indemnify ~~from~~each of Messrs. Shoval, Krill and Boosidan to the ~~draft~~fullest ~~Report~~extent inpermitted by law for all expenses, costs, liabilities and legal fees which such individual may incur in the ~~Registrant~~discharge ~~provided~~of ~~that~~his ~~there~~duties ~~were~~to nothe ~~disagreements~~Comany. ~~between~~Notwithstanding the ~~Registrant~~foregoing, ~~and~~the ~~Mr.~~person ~~Daniel.~~will Innot ~~response~~be entitled to aany ~~request~~indemnification aswith respect to ~~what~~any isclaim arising directly or indirectly if, among others, (i) his acts were committed in bad faith or were the ~~nature~~result of ~~these~~active ~~requests~~and deliberate dishonesty, ~~the~~(ii) ~~Registrant~~he ~~received~~gained anany ~~email~~financial ~~from~~profit ~~Mr.~~or ~~Daniel~~other advantage to which ~~stated~~he aswas ~~follows:~~not legally entitled, or (iii) payment by the Company is not permitted by applicable law.

~~"Disagreements~~For ~~regarding~~all ~~implantation~~the terms and ~~execution~~conditions of the ~~Company's~~ ~~policies~~agreements, ~~and~~reference ~~practices.~~is ~~Some~~hereby ofmade ~~the~~to ~~company's practices~~such doagreements ~~not~~annexed ~~comply~~hereto oras ~~contradict the~~Exhibits ~~corporate internal documents~~10.21, ~~regulations~~ 10.22, ~~letters~~and ~~that~~10.23. All Istatements ~~have~~made ~~signed~~herein ~~and~~concerning ~~sent to~~ the ~~SEC~~foregoing ~~and~~agreements ~~the~~are ~~company's~~qualified ~~filing~~by ~~with~~references ~~the~~to ~~SEC.~~said "exhibits.

~~Since~~Section ~~Mr.~~9-Financial ~~Daniel~~Statements ~~resigned as a result of the Registrant not providing him with an employment agreement~~ and compensation that he demanded, the Registrant did not consider Mr. Daniel's statement contained in an email to have any validity. Requests from counsel to the Registrant requesting clarification to his statement produced no results.Exhibits

Item 9.01 Financial Statements and Exhibits

(d) Exhibit No.		Description

10.21		Indemnification Agreement dated July 27, 2011, between Suspect Detection Systems Inc. and Shabtai Shoval

10.22		Indemnification Agreement dated July 29, 2011, between Suspect Detection Systems Inc. and Yoav Krill

10.23		Indemnification Agreement dated July 29, 2011, between Suspect Detection Systems Inc. and Gil Boosidan

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.

SUSPECT DETECTION SYSTEMS INC. ~~By: /s/ Gil Boosidan Name: Gil Boosidan Title: Chief Executive Officer~~

~~Date~~By: ~~July~~ /s/ 8,Gil ~~2011~~Boosidan

Name: Gil Boosidan

Title: Chief Executive Officer

Date: August 1, 2011

Filing Compare · Suspect Detection Systems, Inc.