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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>WASHINGTON, D.C. 20549</B></P>
<P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>FORM S-8</B></P>
<P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</P>
<P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin:0pt; line-height:16pt; font-family:Times New Roman; font-size:14pt" align=center><B>RS GROUP OF COMPANIES, INC.</B></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=312><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>FLORIDA</B></P>
</TD><TD valign=top width=312><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>59-1082128</B></P>
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<TR><TD valign=top width=312><P style="margin:0pt; font-family:Times New Roman" align=center>(State or Other Jurisdiction</P>
</TD><TD valign=top width=312><P style="margin:0pt; font-family:Times New Roman" align=center>(I.R.S. Employer</P>
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<TR><TD valign=top width=312><P style="margin:0pt; font-family:Times New Roman" align=center>of Incorporation or Organization)</P>
</TD><TD valign=top width=312><P style="margin:0pt; font-family:Times New Roman" align=center>Identification Number)</P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>200 Yorkland Boulevard, Suite 200</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Toronto, Ontario, Canada M2J 5C1</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>(416) 391-4223</B></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>(Address of principal executive offices)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Employment/Consulting Agreements</B></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>(Full title of the plan)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Sandro Sordi, Esq.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>RS Group of Companies, Inc.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>200 Yorkland Boulevard, Suite 200</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Toronto, Ontario, Canada M2J 5C1</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>(416) 391-4223</B></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>(Telephone number, including area code, of agent for service)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Calculation of Registration Fee</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD style="border-left:3pt double #000000; border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=161.733><P style="margin:0pt; font-family:Times New Roman" align=center><B>Title of securities to be registered</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=121.933><P style="margin:0pt; font-family:Times New Roman" align=center><B>Amount to be registered (1)</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=99.733><P style="margin:0pt; font-family:Times New Roman" align=center><B>Proposed maximum offering price per share</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=133.067><P style="margin:0pt; font-family:Times New Roman" align=center><B>Proposed maximum aggregate offering price</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:3pt double #000000; border-bottom:0.5pt solid #000000" valign=bottom width=121.933><P style="margin:0pt; font-family:Times New Roman" align=center><B>Amount of registration fee</B></P>
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<TR><TD style="border-left:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=161.733><P style="margin:0pt; padding-left:9pt; text-indent:-9pt; font-family:Times New Roman">Common Stock, no par value per share</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=121.933><P style="margin:0pt; font-family:Times New Roman" align=center>600,000 shares (2)</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=99.733><P style="margin:0pt; font-family:Times New Roman" align=center>$.77</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=133.067><P style="margin:0pt; font-family:Times New Roman" align=center>$462,000</P>
</TD><TD style="border-right:3pt double #000000; border-bottom:3pt double #000000" valign=bottom width=121.933><P style="margin:0pt; font-family:Times New Roman" align=center>$54.38</P>
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<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman">(1) The amount of Common Stock registered hereunder shall be deemed to include any additional shares issuable as a result of any stock split, stock dividend or other change in capitalization of the Registrant.</P>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman">(2) Represents shares issued to the following persons under certain consulting or employment agreements in the amounts noted: &nbsp;Ardent Advisors, Inc. (200,000 shares), Brian S. Corbman (150,000), Tammer Fahmy (150,000), Edward J. Kruk (50,000) and David Sanderson (50,000).<A NAME="_Toc94608566"></A></P>
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<P style="page-break-before:always; margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>TABLE OF CONTENTS</B></P>
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<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009280">PART I</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:12pt; text-indent:450pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009280"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009281">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:12pt; text-indent:450pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009281"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009282">Item&nbsp;1.&nbsp;&nbsp;Plan Information.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009282"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009283">Item&nbsp;2.&nbsp;&nbsp;Registrant Information and Employee Plan Annual Information.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009283"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009284">PART II</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:12pt; text-indent:450pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009284"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009285">INFORMATION REQUIRED IN REGISTRATION STATEMENT</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:12pt; text-indent:450pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009285"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009286">Item 3.&nbsp;&nbsp;Incorporation of Documents by Reference.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009286"></A>1</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009287">Item 4.&nbsp;&nbsp;Description of Securities.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009287"></A>2</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009288">Item 5.&nbsp;&nbsp;Interests of Named Experts and Counsel.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009288"></A>2</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009289">Item 6.&nbsp;&nbsp;Indemnification of Officers and Directors.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009289"></A>3</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009290">Item 7.&nbsp;&nbsp;Exemption from Registration Claimed.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009290"></A>3</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009291">Item 8.&nbsp;&nbsp;Exhibits.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009291"></A>3</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:24pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009292">Undertakings.</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:24pt; text-indent:438pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009292"></A>4</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:12pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009293">SIGNATURES</A></P>
<P style="margin-top:0pt; margin-bottom:14.4pt; padding-left:12pt; text-indent:450pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#_Toc97009293"></A>5</P>
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<P style="margin-top:0pt; margin-bottom:6pt; padding-left:7.2pt; text-indent:36pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<A NAME="_Toc97008399"></A><A NAME="_Toc97008879"></A><A NAME="_Toc97009280"></A><BR>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>i</P>
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<P style="page-break-before:always; margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt" align=center><B>PART I</B></P>
<A NAME="_Toc94606856"></A><A NAME="_Toc94606857"></A><A NAME="_Toc97008400"></A><A NAME="_Toc97008880"></A><A NAME="_Toc97009281"></A><P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt" align=center><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">As permitted by Rule 428 under the Securities Act of 1933, as amended, this Registration Statement omits the information specified in Part I of Form S-8. The documents constituting Part I of this Registration Statement will be sent or given to shareholders subject to this Registration Statement as required by Rule 428(b).</P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The Registrant is not filing these documents with the Securities and Exchange Commission (the &#147;Commission&#148;) as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 of the Securities Act.</P>
<A NAME="_Toc97008401"></A><A NAME="_Toc97008881"></A><A NAME="_Toc97009282"></A><P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item&nbsp;1.&nbsp;&nbsp;Plan Information.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Not required to be filed with this Registration Statement.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<A NAME="_Toc97008402"></A><A NAME="_Toc97008882"></A><A NAME="_Toc97009283"></A><P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item&nbsp;2.&nbsp;&nbsp;Registrant Information and Employee Plan Annual Information. </B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Not required to be filed with this Registration Statement. </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<A NAME="_Toc97008403"></A><A NAME="_Toc97008883"></A><A NAME="_Toc97009284"></A><P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt" align=center><B>PART II</B></P>
<A NAME="_Toc94606858"></A><A NAME="_Toc94606859"></A><A NAME="_Toc97008404"></A><A NAME="_Toc97008884"></A><A NAME="_Toc97009285"></A><P style="margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt" align=center><B>INFORMATION REQUIRED IN REGISTRATION STATEMENT</B></P>
<A NAME="_Toc97008405"></A><A NAME="_Toc97008885"></A><A NAME="_Toc97009286"></A><P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item 3.&nbsp;&nbsp;Incorporation of Documents by Reference.</B></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The following documents which have been filed with the Commission by the Registrant are incorporated herein by reference and made a part hereof:</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(a)</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The Registrant&#146;s Annual Report on Form 10-KSB for the fiscal year ended December 31, 2003, filed with the Commission on April 12, 2004;</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(b)</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The following reports filed pursuant to Section 13(a) or 15(d) of the Securities Act of 1934 (the &#147;Exchange Act&#148;):</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">The description of the Common Stock contained in the Registrant&#146;s Form&nbsp;10-KSB, filed with the Commission on April 12, 2004.</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated April 15, 2004, filed with the Commission on April&nbsp;23, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated April 28, 2004, filed with the Commission on May 4, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 10-QSB for the fiscal quarter ended March 31, 2004, filed with the Commission on May 21, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated June 14, 2004, filed with the Commission on June&nbsp;15, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form SB-2/A (File No. 333-115433), filed with the Commission on July&nbsp;28, 2004;</FONT></P>
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<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated August 2, 2004, filed with the Commission on August 5, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 10-QSB for the fiscal quarter ended June 30, 2004, filed with the Commission on August 24, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 10-QSB for the fiscal quarter ended September 30, 2004, filed with the Commission on November 18, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated November 19, 2004, filed with the Commission on November 26, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated December 17, 2004, filed with the Commission on December 22, 2004;</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K dated January 19, 2005, filed with the Commission on January 25, 2005; and</FONT></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:108pt; text-indent:-36pt; line-height:14pt; font-family:Wingdings; font-size:12pt">&#159;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:108pt; line-height:14pt; font-family:Wingdings; font-size:12pt"><FONT FACE="Times New Roman">Form 8-K/A dated January 19, 2004, amending the Form 8-K filed with the Commission on January 25, 2005, filed with the Commission on February 9, 2005; and</FONT></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;) subsequent to the effective date of this Registration Statement, prior to the filing of a post-effective amendment to this Registration Statement indicating that all securities offered hereby have been sold or deregistering all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents. Any statement contained herein or in any document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed to constitute a part of this Registration Statement, except as so modified or superseded.</P>
<A NAME="_Toc97008406"></A><A NAME="_Toc97008886"></A><A NAME="_Toc97009287"></A><P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item 4.&nbsp;&nbsp;Description of Securities.</B></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Not applicable.</P>
<A NAME="_Toc97008407"></A><A NAME="_Toc97008887"></A><A NAME="_Toc97009288"></A><P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item 5.&nbsp;&nbsp;Interests of Named Experts and Counsel.</B></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Item 601(b)(5) of Regulation S-K, promulgated under the Securities Act, requires registrants seeking to register original issuance securities issued under an employee benefit plan to file as an exhibit to its registration statement on Form&nbsp;S-8 an opinion of counsel as to the legality of the securities being registered.&nbsp; Sandro Sordi, Esq., General Counsel of the Registrant, will pass upon the validity of the shares of the Registrant&#146;s Common Stock registered pursuant to this Registration Statement on Form&nbsp;S-8.</P>
<A NAME="_Toc97008408"></A><A NAME="_Toc97008888"></A><A NAME="_Toc97009289"></A><BR>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>2</P>
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<P style="page-break-before:always; margin-top:0pt; margin-bottom:6pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item 6.&nbsp;&nbsp;Indemnification of Officers and Directors.</B></P>
<P style="margin-top:0pt; margin-bottom:6pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Pursuant to our bylaws, we will indemnify all of our officers and directors for such expenses and liabilities, in such manner, under such circumstances to such extent as permitted by the Florida Business Corporation Act, Section 607.0850, as amended. Unless otherwise approved by our board of directors, we will not indemnify any of our employees who are not otherwise entitled to indemnification pursuant to our bylaws.</P>
<P style="margin-top:0pt; margin-bottom:6pt; text-indent:18pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Florida law permits a corporation, under specified circumstances, to indemnify its directors, officers, employees or agents against expenses (including attorney's fees), judgments, fines and amounts paid in settlements actually and reasonably incurred by them in connection with any action, suit or proceeding brought by third parties by reason of the fact that they were or are directors, officers, employees or agents of the corporation, if such directors, officers, employees or agents acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reason to believe their conduct was unlawful. In a derivative action, that is, one by or in the right of the corporation, indemnification may be made only for expenses actually and reasonably incurred by directors, officers, employees or agents in connection with the defense or settlement of an action or suit, and only with respect to a matter as to which they will have acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation, except that no indemnification will be made if such person has been adjudged liable to the corporation, unless and only to the extent that the court in which the action or suit was brought determines upon application that the defendant directors, officers, employees or agents are fairly and reasonably entitled to indemnity for such expenses despite such adjudication of liability. Our Bylaws also contain provisions stating that no director will be liable to us or any of our stockholders for monetary damages for breach of fiduciary duty as a director, except with respect to (1) a breach of the director's duty of loyalty to the corporation or its stockholders, (2) acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law, (3) liability under Florida law (for unlawful payment of dividends, or unlawful stock purchases or redemptions) or (4) a transaction from which the director derived an improper personal benefit. The intention of the foregoing provisions is to eliminate the liability of our directors or our stockholders to the fullest extent permitted by Florida law.</P>
<A NAME="_Toc97008409"></A><A NAME="_Toc97008889"></A><A NAME="_Toc97009290"></A><P style="margin-top:0pt; margin-bottom:6pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item 7.&nbsp;&nbsp;Exemption from Registration Claimed.</B></P>
<P style="margin-top:0pt; margin-bottom:6pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Not applicable.</P>
<A NAME="_Toc97008410"></A><A NAME="_Toc97008890"></A><A NAME="_Toc97009291"></A><P style="margin-top:0pt; margin-bottom:6pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Item 8.&nbsp;&nbsp;Exhibits.</B></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="opinion51.htm"><FONT COLOR=#0000FF><U>5.1</U></FONT></A> </P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Opinion of counsel as to the legality of the securities being registered hereby.</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="consent231.htm"><FONT COLOR=#0000FF><U>23.1</U></FONT></A> </P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consent of Samuel Klein and Company. </P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="opinion51.htm"><FONT COLOR=#0000FF><U>23.2</U></FONT></A> </P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consent of counsel (included in Exhibit 5.1 to this Registration Statement).</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="#poa"><FONT COLOR=#0000FF><U>24.1</U></FONT></A> </P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Powers of Attorney (included on signature page of this registration statement).</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="consultingagreement991.htm"><FONT COLOR=#0000FF><U>99.1</U></FONT></A> </P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consulting Agreement between Ardent Advisors, LLC and RS Group of Companies, Inc., as amended.</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="amendconsult992.htm"><FONT COLOR=#0000FF><U>99.2</U></FONT></A></P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">First Amendment to Consulting Agreement between Ardent Advisors, LLC and RS Group of Companies, Inc.</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="sandersonemployex992.htm"><FONT COLOR=#0000FF><U>99.3</U></FONT></A> &nbsp;</P>
<P style="margin-top:0pt; margin-bottom:3pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Employment Agreement of David Sanderson.</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><A HREF="krukemployex993.htm"><FONT COLOR=#0000FF><U>99.4</U></FONT></A> &nbsp;</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Employment Agreement of Edward Joseph Kruk.</P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>3</P>
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<A NAME="_Toc97008411"></A><A NAME="_Toc97008891"></A><A NAME="_Toc97009292"></A><P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt"><B>Undertakings.</B></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(a)</P>
<P style="margin-top:0pt; margin-bottom:8pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The undersigned Registrant hereby undertakes:</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(1)</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:36pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; and</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(2)</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:36pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein and the offering of such securities at that time shall be deemed to be the initial <I>bona fide</I> offering thereof; and</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(3)&nbsp;</P>
<P style="margin-top:0pt; margin-bottom:8pt; padding-left:36pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(b)</P>
<P style="margin-top:0pt; margin-bottom:8pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <I>bona fide</I> offering thereof.</P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(c)</P>
<P style="margin-top:0pt; margin-bottom:8pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.&nbsp; In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act, and will be governed by the final adjudication of such issue.</P>
<A NAME="_Toc97008412"></A><A NAME="_Toc97009293"></A><BR>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>4</P>
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<P style="page-break-before:always; margin-top:0pt; margin-bottom:12pt; line-height:14pt; font-family:Times New Roman Bold; font-size:12pt" align=center><B>SIGNATURES</B></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">In accordance with the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements of filing on Form S-8 and authorized this registration statement to be signed on its behalf by the undersigned, in the City of Toronto, Province of Ontario, Canada on February 25, 2005.</P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=372>&nbsp;</TD><TD valign=top width=252><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>RS GROUP OF COMPANIES, INC.</B></P>
</TD></TR>
<TR><TD valign=top width=372>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=252><P style="margin-top:16pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">By:&nbsp;/s/ &nbsp;John Hamilton</P>
</TD></TR>
<TR><TD valign=top width=372>&nbsp;</TD><TD valign=top width=252><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Name: &nbsp;John Hamilton</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Title: &nbsp;Chief Executive Officer</P>
</TD><A NAME="poa"></A></TR>
</TABLE>
<P style="margin-top:8pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints John Hamilton and Sandro Sordi, Esq., and each of them, as their true and lawful attorneys-in-fact and agents with full power of substitution and resubstitution, for them and in their name, place and stead, in any and all capacities, to sign any and all instruments which said attorneys-in-fact and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act of 1933, as amended, and any rules and regulations or requirements of the Securities Exchange Commission in connection with this registration statement, including any and all amendments, (including post-effective amendments) to this registration statement, and to file the same with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, and to make any and all state securities law or blue sky filings, granting unto said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as fully to all intents and purposes as they might or could do in person, hereby ratifying and confirming that said attorneys-in-fact and agents, or any substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">In accordance with the requirements of the Securities Act of 1933, this registration statement was signed by the following persons in the capacities and on the dates stated:</P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=150.267><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>/s/ John Hamilton</U> </P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">John Hamilton</P>
</TD><TD valign=top width=335.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Chief Executive Officer and Chairman of the Board </P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(Principal Executive Officer)</P>
</TD><TD valign=top width=138.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">February 25, 2005</P>
</TD></TR>
<TR><TD valign=top width=150.267><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>/s/ David Sanderson</U></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">David Sanderson</P>
</TD><TD valign=top width=335.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Chief Financial Officer</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(Principal Financial and Accounting Officer)</P>
</TD><TD valign=top width=138.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">February 25, 2005</P>
</TD></TR>
<TR><TD valign=top width=150.267><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>/s/ Sandro Sordi</U></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Sandro Sordi</P>
</TD><TD valign=top width=335.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">General Counsel, Secretary and Director</P>
</TD><TD valign=top width=138.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">February 25, 2005</P>
</TD></TR>
<TR><TD valign=top width=150.267><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>/s/Stephen Stonhill</U></P>
<P style="margin-top:0pt; margin-bottom:8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Stephen Stonhill</P>
</TD><TD valign=top width=335.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Director</P>
</TD><TD valign=top width=138.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">February 25, 2005</P>
</TD></TR>
<TR><TD valign=top width=150.267><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>/s/Charles Napper</U></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Charles Napper</P>
</TD><TD valign=top width=335.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Director</P>
</TD><TD valign=top width=138.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">February 25, 2005</P>
</TD></TR>
</TABLE>
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{"company-data": {"conformed-name": "RS GROUP OF COMPANIES INC", "cik": "0001200202", "assigned-sic": "7389", "irs-number": "651082128", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-123022", "film-number": "05642496"}, "business-address": {"street1": "200 YORKLAND BLVD", "street2": "SUITE 200", "city": "TORONTO", "state": "A6", "zip": "M2J 5C1", "phone": "4163914223"}, "mail-address": {"street1": "200 YORKLAND BLVD", "street2": "SUITE 200", "city": "TORONTO", "state": "A6", "zip": "M2J 5C1"}, "former-company": [{"former-conformed-name": "RENT SHIELD CORP", "date-changed": "20030417"}, {"former-conformed-name": "E HOBBY NETWORK INC", "date-changed": "20021022"}]}
bp54037 -- RS Group of Companies -- S-8
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
——————————
RS GROUP OF COMPANIES, INC.
(Exact name of registrant as specified in its charter)
FLORIDA
59-1082128
(State or Other Jurisdiction
(I.R.S. Employer
of Incorporation or Organization)
Identification Number)
200 Yorkland Boulevard, Suite 200
Toronto, Ontario, Canada M2J 5C1
(416) 391-4223
(Address of principal executive offices)
Employment/Consulting Agreements
(Full title of the plan)
Sandro Sordi, Esq.
RS Group of Companies, Inc.
200 Yorkland Boulevard, Suite 200
Toronto, Ontario, Canada M2J 5C1
(416) 391-4223
(Telephone number, including area code, of agent for service)
Calculation of Registration Fee
Title of securities to be registered
Amount to be registered (1)
Proposed maximum offering price per share
Proposed maximum aggregate offering price
Amount of registration fee
Common Stock, no par value per share
600,000 shares (2)
$.77
$462,000
$54.38
(1) The amount of Common Stock registered hereunder shall be deemed to include any additional shares issuable as a result of any stock split, stock dividend or other change in capitalization of the Registrant.
(2) Represents shares issued to the following persons under certain consulting or employment agreements in the amounts noted:  Ardent Advisors, Inc. (200,000 shares), Brian S. Corbman (150,000), Tammer Fahmy (150,000), Edward J. Kruk (50,000) and David Sanderson (50,000).
TABLE OF CONTENTS
PART I
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INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
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Item 1.  Plan Information.
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Item 2.  Registrant Information and Employee Plan Annual Information.
1
PART II
1
INFORMATION REQUIRED IN REGISTRATION STATEMENT
1
Item 3.  Incorporation of Documents by Reference.
1
Item 4.  Description of Securities.
2
Item 5.  Interests of Named Experts and Counsel.
2
Item 6.  Indemnification of Officers and Directors.
3
Item 7.  Exemption from Registration Claimed.
3
Item 8.  Exhibits.
3
Undertakings.
4
SIGNATURES
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PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
As permitted by Rule 428 under the Securities Act of 1933, as amended, this Registration Statement omits the information specified in Part I of Form S-8. The documents constituting Part I of this Registration Statement will be sent or given to shareholders subject to this Registration Statement as required by Rule 428(b).
The Registrant is not filing these documents with the Securities and Exchange Commission (the "Commission") as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 of the Securities Act.
Item 1.  Plan Information.
Not required to be filed with this Registration Statement.
Item 2.  Registrant Information and Employee Plan Annual Information.
Not required to be filed with this Registration Statement.
PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The following documents which have been filed with the Commission by the Registrant are incorporated herein by reference and made a part hereof:
(a)
The Registrant's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2003, filed with the Commission on April 12, 2004;
(b)
The following reports filed pursuant to Section 13(a) or 15(d) of the Securities Act of 1934 (the "Exchange Act"):
Ÿ
The description of the Common Stock contained in the Registrant's Form 10-KSB, filed with the Commission on April 12, 2004.
Ÿ
Form 8-K dated April 15, 2004, filed with the Commission on April 23, 2004;
Ÿ
Form 8-K dated April 28, 2004, filed with the Commission on May 4, 2004;
Ÿ
Form 10-QSB for the fiscal quarter ended March 31, 2004, filed with the Commission on May 21, 2004;
Ÿ
Form 8-K dated June 14, 2004, filed with the Commission on June 15, 2004;
Ÿ
Form SB-2/A (File No. 333-115433), filed with the Commission on July 28, 2004;
Ÿ
Form 8-K dated August 2, 2004, filed with the Commission on August 5, 2004;
Ÿ
Form 10-QSB for the fiscal quarter ended June 30, 2004, filed with the Commission on August 24, 2004;
Ÿ
Form 10-QSB for the fiscal quarter ended September 30, 2004, filed with the Commission on November 18, 2004;
Ÿ
Form 8-K dated November 19, 2004, filed with the Commission on November 26, 2004;
Ÿ
Form 8-K dated December 17, 2004, filed with the Commission on December 22, 2004;
Ÿ
Form 8-K dated January 19, 2005, filed with the Commission on January 25, 2005; and
Ÿ
Form 8-K/A dated January 19, 2004, amending the Form 8-K filed with the Commission on January 25, 2005, filed with the Commission on February 9, 2005; and
All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") subsequent to the effective date of this Registration Statement, prior to the filing of a post-effective amendment to this Registration Statement indicating that all securities offered hereby have been sold or deregistering all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents. Any statement contained herein or in any document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed to constitute a part of this Registration Statement, except as so modified or superseded.
Item 4.  Description of Securities.
Not applicable.
Item 5.  Interests of Named Experts and Counsel.
Item 601(b)(5) of Regulation S-K, promulgated under the Securities Act, requires registrants seeking to register original issuance securities issued under an employee benefit plan to file as an exhibit to its registration statement on Form S-8 an opinion of counsel as to the legality of the securities being registered.  Sandro Sordi, Esq., General Counsel of the Registrant, will pass upon the validity of the shares of the Registrant's Common Stock registered pursuant to this Registration Statement on Form S-8.
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Item 6.  Indemnification of Officers and Directors.
Pursuant to our bylaws, we will indemnify all of our officers and directors for such expenses and liabilities, in such manner, under such circumstances to such extent as permitted by the Florida Business Corporation Act, Section 607.0850, as amended. Unless otherwise approved by our board of directors, we will not indemnify any of our employees who are not otherwise entitled to indemnification pursuant to our bylaws.
Florida law permits a corporation, under specified circumstances, to indemnify its directors, officers, employees or agents against expenses (including attorney's fees), judgments, fines and amounts paid in settlements actually and reasonably incurred by them in connection with any action, suit or proceeding brought by third parties by reason of the fact that they were or are directors, officers, employees or agents of the corporation, if such directors, officers, employees or agents acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reason to believe their conduct was unlawful. In a derivative action, that is, one by or in the right of the corporation, indemnification may be made only for expenses actually and reasonably incurred by directors, officers, employees or agents in connection with the defense or settlement of an action or suit, and only with respect to a matter as to which they will have acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation, except that no indemnification will be made if such person has been adjudged liable to the corporation, unless and only to the extent that the court in which the action or suit was brought determines upon application that the defendant directors, officers, employees or agents are fairly and reasonably entitled to indemnity for such expenses despite such adjudication of liability. Our Bylaws also contain provisions stating that no director will be liable to us or any of our stockholders for monetary damages for breach of fiduciary duty as a director, except with respect to (1) a breach of the director's duty of loyalty to the corporation or its stockholders, (2) acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law, (3) liability under Florida law (for unlawful payment of dividends, or unlawful stock purchases or redemptions) or (4) a transaction from which the director derived an improper personal benefit. The intention of the foregoing provisions is to eliminate the liability of our directors or our stockholders to the fullest extent permitted by Florida law.
Item 7.  Exemption from Registration Claimed.
Not applicable.
Item 8.  Exhibits.
5.1
Opinion of counsel as to the legality of the securities being registered hereby.
23.1
Consent of Samuel Klein and Company.
23.2
Consent of counsel (included in Exhibit 5.1 to this Registration Statement).
24.1
Powers of Attorney (included on signature page of this registration statement).
99.1
Consulting Agreement between Ardent Advisors, LLC and RS Group of Companies, Inc., as amended.
99.2
First Amendment to Consulting Agreement between Ardent Advisors, LLC and RS Group of Companies, Inc.
99.3
Employment Agreement of David Sanderson.
99.4
Employment Agreement of Edward Joseph Kruk.
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Undertakings.
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; and
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof; and
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act, and will be governed by the final adjudication of such issue.
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SIGNATURES
In accordance with the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements of filing on Form S-8 and authorized this registration statement to be signed on its behalf by the undersigned, in the City of Toronto, Province of Ontario, Canada on February 25, 2005.
RS GROUP OF COMPANIES, INC.
By: /s/  John Hamilton
Name:  John Hamilton
Title:  Chief Executive Officer
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints John Hamilton and Sandro Sordi, Esq., and each of them, as their true and lawful attorneys-in-fact and agents with full power of substitution and resubstitution, for them and in their name, place and stead, in any and all capacities, to sign any and all instruments which said attorneys-in-fact and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act of 1933, as amended, and any rules and regulations or requirements of the Securities Exchange Commission in connection with this registration statement, including any and all amendments, (including post-effective amendments) to this registration statement, and to file the same with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, and to make any and all state securities law or blue sky filings, granting unto said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as fully to all intents and purposes as they might or could do in person, hereby ratifying and confirming that said attorneys-in-fact and agents, or any substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
In accordance with the requirements of the Securities Act of 1933, this registration statement was signed by the following persons in the capacities and on the dates stated:
/s/ John Hamilton
John Hamilton
Chief Executive Officer and Chairman of the Board
(Principal Executive Officer)
February 25, 2005
/s/ David Sanderson
David Sanderson
Chief Financial Officer
(Principal Financial and Accounting Officer)
February 25, 2005
/s/ Sandro Sordi
Sandro Sordi
General Counsel, Secretary and Director
February 25, 2005
/s/Stephen Stonhill
Stephen Stonhill
Director
February 25, 2005
/s/Charles Napper
Charles Napper
Director
February 25, 2005
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