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<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 143px"
align=justify>SECURITIES AND EXCHANGE COMMISSION</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 227px"
align=justify>Washington, D.C. 20549</P>
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<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 270px" align=justify>FORM
8-K</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 237px"
align=justify>CURRENT REPORT</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 198px"
align=justify>Pursuant to Section 13 or 15(d) of</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 190px" align=justify>the
Securities Exchange Act of 1934</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 305px"
align=justify><U></U>&nbsp;</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=justify>Date of Report (Date of
earliest event reported) August 26
, 2008</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>.</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><U>QUALSEC</U></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>(Exact name of registrant
as specified in its charter)</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>Wyoming</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center>(State or other
jurisdiction of incorporation)</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px"
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt"
align=justify><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0-52907
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 453px"
align=justify><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20-5776355
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>&nbsp;</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt"
align=justify>(Commission File Number)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 393px" align=justify>(IRS
Employer Identification No.)</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt"
align=justify><U>1770 N. Research Pkwy. Suite 181, North Logan, Utah
&nbsp;84341</U></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 570px"
align=justify><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt"
align=justify>(Address of principal executive offices)</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 543px" align=justify>(Zip
Code)</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=justify>Registrant's telephone
number, including area code: &nbsp;<U>(435) 713-0566</U></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px" align=justify>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:</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=justify>[] Written communications
pursuant to Rule 425 under the Securities Act</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=justify>[] Soliciting material
pursuant to Rule 14a-12 under the Exchange Act</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=justify>[] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act.</P>
<P style="MARGIN: 0px" align=justify>
<HR>
<BR><BR></P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; PAGE-BREAK-BEFORE: always; LINE-HEIGHT: 14pt"
align=justify><B><U>Item 5.02.</U></B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 96px"
align=justify><B><U>Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers</U></B></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px" align=justify> By
agreement dated
August 21,

2008, executed and delivered on
August 26
<STRIKE></STRIKE>
, 2008, but effective August 16, 2008,

Dr. Arden A.
Kelton resigned as an officer and director of Qualsec.
Dr. Kelton was not a member of any <STRIKE>any</STRIKE>
Board committees.
&nbsp;</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px"
align=justify> Under a Release and Settlement Agreement, Dr. Kelton agreed to
terminate his Employment Agreement; resigned as an officer and director; entered
into a Consulting Agreement with Qualsec; transferred 54,700,000 of his shares
of Qualsec common stock (retaining ownership of 15,300,000 shares) to Qualsec
Partners, LLC; and retained his employee stock options to purchase 1,000,000
shares. The Registrant&#146;s obligations for deferred salary owed to Dr. Kelton were
not cancelled by the Release and Settlement Agreement. &nbsp;Dr. Kelton agreed
to lock up his remaining 15,300,000 shares for 365 days.
</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px" align=justify> The
Consulting Agreement provides for Dr. Kelton to perform consulting services to
the Registrant on an as needed basis at a compensation of $2,500 per month, but
subject to the Registrant receiving continuing funding for its business. The
Consulting Agreement may be terminated upon no less than 60 days&#146; written notice
to Dr. Kelton.
</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 48px" align=justify> A
copy of the Consulting Agreement, Stock Agreement, and &nbsp;Release and
Settlement Agreement are filed as exhibits to this Current Report on Form 8-K.
&nbsp;&nbsp;
The Registrant will provide &nbsp;Dr. Kelton &nbsp;with a copy
of this Current Report on Form 8-K no later than the day of its filing with the
Securities and Exchange Commission and will provide them with the opportunity to
provide a letter to the Registrant indicating whether he agrees or disagrees
with the statements made in this paragraph. Dr. Kelton is not obligated to
furnish a letter.
</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt" align=justify><B>Item
9.01. &nbsp;Financial Statements and Exhibits</B></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 48px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; TEXT-INDENT: -24px; LINE-HEIGHT: 14pt"
align=justify><U>(a)</U></P>
<P style="PADDING-LEFT: 48px; FONT-SIZE: 12pt; MARGIN: 0px"
align=justify><U>Financial Statements.</U></P>
<P style="PADDING-LEFT: 24px; FONT-SIZE: 12pt; MARGIN: 0px"
align=justify>None</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt" align=justify><U>(b)
Exhibits</U></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="PADDING-LEFT: 48px; FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=justify>10.7, Consulting Agreement between Qualsec and Dr. Arden A.
Kelton.</P>
<P style="PADDING-LEFT: 48px; FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=justify>10.8 Release and Settlement Agreement between Qualsec and Dr.
Arden A. Kelton .
</P>
<P style="PADDING-LEFT: 48px; FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=justify> 10.9 Stock Agreement.
</P>
<P style="MARGIN: 0px" align=justify>
<HR>
<BR></P>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=justify><BR><BR></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=center><B>SIGNATURES</B></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 50px"
align=justify>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 thereunto duly authorized.</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px" align=justify>Dated: September &nbsp;2,
2008</P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 298px"
align=justify><B>QUALSEC</B></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="MARGIN: 0px" align=justify><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 298px" align=justify>By:
<U>/s/ Joel Hand</U></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 298px"
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Joel Hand</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 298px"
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer</P>
<P style="MARGIN: 0px" align=justify><BR><BR></P></DIV></BODY>
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Converted by EDGARwiz
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) August 26
, 2008
.
QUALSEC
(Exact name of registrant
as specified in its charter)
Wyoming
(State or other
jurisdiction of incorporation)
0-52907
20-5776355
(Commission File Number)
(IRS
Employer Identification No.)
1770 N. Research Pkwy. Suite 181, North Logan, Utah
 84341
(Address of principal executive offices)
(Zip
Code)
Registrant's telephone
number, including area code:
(435) 713-0566
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
[] Soliciting material
pursuant to Rule 14a-12 under the Exchange Act
[] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act.
Item 5.02.
Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers
By
agreement dated
August 21,

2008, executed and delivered on
August 26
, 2008, but effective August 16, 2008,

Dr. Arden A.
Kelton resigned as an officer and director of Qualsec.
Dr. Kelton was not a member of any
any
Board committees.
Under a Release and Settlement Agreement, Dr. Kelton agreed to
terminate his Employment Agreement; resigned as an officer and director; entered
into a Consulting Agreement with Qualsec; transferred 54,700,000 of his shares
of Qualsec common stock (retaining ownership of 15,300,000 shares) to Qualsec
Partners, LLC; and retained his employee stock options to purchase 1,000,000
shares. The Registrant's obligations for deferred salary owed to Dr. Kelton were
not cancelled by the Release and Settlement Agreement.  Dr. Kelton agreed
to lock up his remaining 15,300,000 shares for 365 days.
The
Consulting Agreement provides for Dr. Kelton to perform consulting services to
the Registrant on an as needed basis at a compensation of $2,500 per month, but
subject to the Registrant receiving continuing funding for its business. The
Consulting Agreement may be terminated upon no less than 60 days' written notice
to Dr. Kelton.
A
copy of the Consulting Agreement, Stock Agreement, and  Release and
Settlement Agreement are filed as exhibits to this Current Report on Form 8-K.
  
The Registrant will provide  Dr. Kelton  with a copy
of this Current Report on Form 8-K no later than the day of its filing with the
Securities and Exchange Commission and will provide them with the opportunity to
provide a letter to the Registrant indicating whether he agrees or disagrees
with the statements made in this paragraph. Dr. Kelton is not obligated to
furnish a letter.
Item
9.01.  Financial Statements and Exhibits
(a)
Financial Statements.
None
(b)
Exhibits
10.7, Consulting Agreement between Qualsec and Dr. Arden A.
Kelton.
10.8 Release and Settlement Agreement between Qualsec and Dr.
Arden A. Kelton .
10.9 Stock Agreement.
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 thereunto duly authorized.
Dated: September  2,
2008
QUALSEC
By:
/s/ Joel Hand
Joel Hand
Chief Executive Officer