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<DIV style="width:864px"><P style="line-height:26px; margin:0px; font-size:24px" align=center><B>UNITED STATES</B></P>
<P style="line-height:26px; margin:0px; font-size:24px" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:26px; margin:0px; font-size:24px" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:18px; margin:0px; font-size:16px" align=center><B>CURRENT REPORT</B></P>
<P style="line-height:18px; margin:0px; font-size:16px" align=center><B>Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px; text-indent:48px">Date of Report (Date of earliest event reported)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;November 17, 2009</P>
<P style="margin:0px">&nbsp;</P>
<P style="line-height:26px; margin:0px; font-size:24px" align=center><B>HOMELAND SECURITY NETWORK, INC.</B></P>
<P style="margin:0px" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px" align=center>&nbsp;</P>
<TABLE style="font-size:13.333px" cellspacing=0 align=center><TR><TD width=184></TD><TD width=11></TD><TD width=185></TD><TD width=11></TD><TD width=184></TD></TR>
<TR><TD width=184><P style="font-size:2pt">&nbsp;</P></TD><TD width=11><P style="font-size:2pt">&nbsp;</P></TD><TD width=185><P style="font-size:2pt">&nbsp;</P></TD><TD width=11><P style="font-size:2pt">&nbsp;</P></TD><TD width=184><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=184><P style="margin:0px" align=center><B>Nevada</B></P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px"><B>&nbsp;</B></P>
</TD><TD valign=top width=185><P style="margin:0px" align=center><B>000-15216</B></P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px"><B>&nbsp;</B></P>
</TD><TD valign=top width=184><P style="margin:0px" align=center><B>86-0892913</B></P>
</TD></TR>
<TR><TD valign=top width=184><P style="margin:0px" align=center>(State or other jurisdiction</P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=185><P style="margin:0px" align=center>(Commission</P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=184><P style="margin:0px" align=center>(IRS Employer</P>
</TD></TR>
<TR><TD valign=top width=184><P style="margin:0px" align=center>of incorporation)</P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=185><P style="margin:0px" align=center>File Number)</P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=184><P style="margin:0px" align=center>Identification No.)</P>
</TD></TR>
<TR><TD valign=top width=184><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD valign=bottom width=11><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=185><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD valign=bottom width=11><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=184><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=380 colspan=3><P style="margin:0px">7920 Beltline Road, Suite 770, Dallas, Texas</P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px"><B>&nbsp;</B></P>
</TD><TD valign=top width=184><P style="margin:0px" align=center>75254</P>
</TD></TR>
<TR><TD valign=top width=380 colspan=3><P style="margin:0px" align=center>(Address of principal executive offices)</P>
</TD><TD valign=bottom width=11><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=184><P style="margin:0px" align=center>(Zip Code)</P>
</TD></TR>
</TABLE>
<P style="margin:0px; text-indent:48px">&nbsp;</P>
<P style="margin:0px">Registrant&#146;s telephone number, including area code&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(972) 386-6667</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>(Former name or former address, if changed since last report.)</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px">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):</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings"><FONT FACE="Wingdings">o</FONT><FONT FACE="Times New Roman">&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin:0px"><FONT FACE="Times New Roman">&nbsp;</FONT></P>
<P style="margin:0px; font-family:Wingdings"><FONT FACE="Wingdings">o</FONT><FONT FACE="Times New Roman">&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="margin:0px"><FONT FACE="Times New Roman">&nbsp;</FONT></P>
<P style="margin:0px; font-family:Wingdings"><FONT FACE="Wingdings">o</FONT><FONT FACE="Times New Roman">&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="margin:0px"><FONT FACE="Times New Roman">&nbsp;</FONT></P>
<P style="margin:0px; font-family:Wingdings"><FONT FACE="Wingdings">o</FONT><FONT FACE="Times New Roman">&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
<P style="margin:0px" align=center><FONT FACE="Times New Roman">&nbsp;</FONT></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:13.333px"><BR></P>
<P style="margin:7.533px"><BR></P>
<P style="margin:0px"><B>&nbsp;1.01 </B><FONT COLOR=#3F3F3F><B>Entry into a Material Definitive Agreement</B></FONT></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">As previously reported in our Current Report on Form 8-K filed on July 8, 2009, we entered into a Purchase Order Agreement, or the PO, with COMEX, LLC on June 29, 2009, in connection with the sale of our soil additive that is used in our soil remediation process through our joint venture with Huma-Clean. &nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">The material terms of the PO are: (i) COMEX&#146;s purchase of 300,000 metric tons of our soil additive (ii) the purchase price is $180.00 per metric ton for a total of $54,000,000; (iii) the purchase price is CIF Kandla Port, India; (iv) the contract is contingent upon a documentary Letter of Credit (&#147;LOC&#148;) being issued to COMEX by its client (an agency or corporation sponsored by the Indian government) without which COMEX will be under no obligation to complete this PO agreement; (v) &nbsp;upon successfully attaining the LOC, Comex will assign its rights under the LOC to us so that we can partially monetize the LOC for working capital; the parties to the PO estimate that shipments will begin within forty-five (45) days of executing the PO or as soon as commercially viable; and (vi) each shipment shall represent 25,000 tons or $4,500,000 for a total of 12 shipments.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">On November 17, 2009, we executed an extension letter, or the Extension Letter, to the PO whereby we granted a 30 day extension to the PO for the first shipment of 25,000 tons of our soil additive. &nbsp;As indicated in the Extension Letter, Comex is waiting for the LOC to be issued from the end user in India and this has taken more time than originally anticipated, however, we can give no assurance that Comex will be able to obtain the LOC within the 30 day extension or at all. &nbsp;We have produced enough finished product to fulfill the annual volume required by the PO, however, sales to other buyer are being negotiated and this inventory may be used to supply those needs. &nbsp;As additional orders are received, we will continue to replace the finished product inventory as necessary to fulfill the PO with Comex. &nbsp;No other terms of the PO were modified by the Extension Letter.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:4.2px; margin-bottom:4.2px">The material terms of the Purchase Order Agreement are qualified in their entirety by the agreement attached as Exhibit 10.1 to our Current Report on Form 8-K filed July 8, 2009 and incorporated herein by reference. &nbsp;&nbsp;The material terms of the Extension Letter are qualified in their entirety by the letter attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.</P>
<P style="margin-top:0px; margin-bottom:8.333px"><BR></P>
<P style="margin:0px"><B>ITEM&nbsp;9.01&nbsp;FINANCIAL STATEMENTS AND EXHIBITS.</B></P>
<P style="margin:0px">&nbsp;</P>
<A NAME="TableHead"></A><TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=74></TD><TD width=13></TD><TD width=488></TD></TR>
<TR><TD width=74><P style="font-size:2pt">&nbsp;</P></TD><TD width=13><P style="font-size:2pt">&nbsp;</P></TD><TD width=488><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=bottom width=74><P style="line-height:13px; margin:0px; font-size:10px"><B>Exhibit&nbsp;Number</B></P>
</TD><TD valign=bottom width=13><P style="margin:0px; font-size:1.333px" align=center><B>&nbsp;</B></P>
</TD><TD style="border-bottom:1px solid #000000" valign=bottom width=488><P style="line-height:13px; margin:0px; font-size:10px" align=center><B>Description</B></P>
</TD></TR>
<TR><TD valign=top width=74><P style="margin:0px" align=center>10.1</P>
<P style="margin:0px" align=center><BR></P>
</TD><TD valign=bottom width=13><P style="margin-top:1.133px; margin-bottom:1.133px; font-size:2.667px">&nbsp;</P>
</TD><TD valign=top width=488><P style="margin:0px">Extension Letter to the Purchase Order Agreement between Comex and Homeland Security Network, Inc. executed November 17, 2009.</P>
<P style="margin:0px"><BR></P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><B>SIGNATURE</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px; text-indent:48px">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.</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=28></TD><TD width=225></TD><TD width=38></TD><TD width=284></TD></TR>
<TR><TD width=28><P style="font-size:2pt">&nbsp;</P></TD><TD width=225><P style="font-size:2pt">&nbsp;</P></TD><TD width=38><P style="font-size:2pt">&nbsp;</P></TD><TD width=284><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=284><P style="margin:0px" align=center>Homeland Security Network, Inc.</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=284><P style="margin:0px" align=center>(Registrant)</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=284><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=28><P style="margin:0px">Date</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=225><P style="margin:0px">&nbsp;&nbsp;November 18, 2009</P>
</TD><TD valign=top width=38><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=284><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=284><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=284><P style="margin:0px" align=center>/s/ Peter Ubaldi</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=284><P style="margin:0px" align=center>(Signature)</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="margin:0px; font-size:1.333px">&nbsp;</P>
</TD><TD valign=top width=284><P style="margin:0px">Peter Ubaldi,. Chief Executive Officer</P>
</TD></TR>
<TR><TD valign=top width=291 colspan=3><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=284><P style="font-size:2pt">&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:12.2px"><BR></P>
<P style="margin-top:0px; margin-bottom:12.2px"><BR>
<BR></P>
</DIV></BODY>
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Converted by EDGARwiz
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)     November 17, 2009
HOMELAND SECURITY NETWORK, INC.
(Exact name of registrant as specified in its charter)
Nevada
000-15216
86-0892913
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
7920 Beltline Road, Suite 770, Dallas, Texas
75254
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code     (972) 386-6667
(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))
1.01
Entry into a Material Definitive Agreement
As previously reported in our Current Report on Form 8-K filed on July 8, 2009, we entered into a Purchase Order Agreement, or the PO, with COMEX, LLC on June 29, 2009, in connection with the sale of our soil additive that is used in our soil remediation process through our joint venture with Huma-Clean.
The material terms of the PO are: (i) COMEX's purchase of 300,000 metric tons of our soil additive (ii) the purchase price is $180.00 per metric ton for a total of $54,000,000; (iii) the purchase price is CIF Kandla Port, India; (iv) the contract is contingent upon a documentary Letter of Credit ("LOC") being issued to COMEX by its client (an agency or corporation sponsored by the Indian government) without which COMEX will be under no obligation to complete this PO agreement; (v)  upon successfully attaining the LOC, Comex will assign its rights under the LOC to us so that we can partially monetize the LOC for working capital; the parties to the PO estimate that shipments will begin within forty-five (45) days of executing the PO or as soon as commercially viable; and (vi) each shipment shall represent 25,000 tons or $4,500,000 for a total of 12 shipments.
On November 17, 2009, we executed an extension letter, or the Extension Letter, to the PO whereby we granted a 30 day extension to the PO for the first shipment of 25,000 tons of our soil additive.  As indicated in the Extension Letter, Comex is waiting for the LOC to be issued from the end user in India and this has taken more time than originally anticipated, however, we can give no assurance that Comex will be able to obtain the LOC within the 30 day extension or at all.  We have produced enough finished product to fulfill the annual volume required by the PO, however, sales to other buyer are being negotiated and this inventory may be used to supply those needs.  As additional orders are received, we will continue to replace the finished product inventory as necessary to fulfill the PO with Comex.  No other terms of the PO were modified by the Extension Letter.
The material terms of the Purchase Order Agreement are qualified in their entirety by the agreement attached as Exhibit 10.1 to our Current Report on Form 8-K filed July 8, 2009 and incorporated herein by reference.   The material terms of the Extension Letter are qualified in their entirety by the letter attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit Number
Description
10.1
Extension Letter to the Purchase Order Agreement between Comex and Homeland Security Network, Inc. executed November 17, 2009.
SIGNATURE
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.
Homeland Security Network, Inc.
(Registrant)
Date
November 18, 2009
/s/ Peter Ubaldi
(Signature)
Peter Ubaldi,. Chief Executive Officer