content: 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 5, 2004
  
  
                            DYNAMIC SCIENCES INTERNATIONAL, INC.
                -----------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
               Nevada                        0-11686              94-3226065
  --------------------------------         ------------        -------------------
  (State or other jurisdiction of          (Commission           (I.R.S. Employer
   incorporation or organization)          File Number)        Identification No.)
  
                   6130 Variel Avenue
                   Woodland Hills, California                        91367
              ----------------------------------------          ----------
              (Address of principal executive offices)          (Zip Code)
  
                                   (818) 226-6262
                ----------------------------------------------------
                (Registrant's telephone number, including area code)
  
                                         N/A
            ------------------------------------------------------------
            (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:
  
           [ ] Written communications pursuant to Rule 425 under the Securities
  Act (17 CFR 230.425)
  
           [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
  (17 CFR 240.14a-12)
  
           [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
  Exchange Act (17 CFR 240.14d-2(b))
  
           [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
  Exchange Act (17 CFR 240.13e-4(c))
  
  <PAGE>
  
                ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
  
           On November 5, 2004, Dynamic Sciences International, Inc. ("Dynamic")
  entered into a line of credit agreement with Montgomery Realty Group, Inc., a
  Nevada corporation ("Montgomery").
  
           Under the terms of the line of credit agreement, Montgomery will loan
  Dynamic up to $120,000 to be used for hiring an independent auditor to audit
  Dynamic's financial statements, employing attorneys, obtaining a third-party
  evaluation of Dynamic's fair market value, and for such other matters as
  Montgomery and Dynamic may agree upon in connection with a potential business
  combination or acquisition involving the companies.
  
           Any amounts advanced under the line of credit shall bear interest at
  the rate of 7% per year and be payable one year from the date of the loan. At
  Montgomery's sole discretion, all amounts due under the line of credit may be
  converted into common stock of Dynamic at the price of $0.07 per share at any
  time.
  
           There is no material relationship between Dynamic and Montgomery.
  
               ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
  
           Dynamic Sciences International, Inc., a Nevada Corporation ("Dynamic"),
  entered into an agreement to engage Weinberg & Company, P.A. Certified Public
  Accountants ("Weinberg") as independent auditors. Under the terms of the
  agreement, Weinberg will perform the required audits to bring Dynamic's
  Securities and Exchange Commission 10-Q and 10-K filings current as of
  31-Dec-2004.
  
                     ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
  
           The following exhibit is filed with this report on Form 8-K:
  
  
        Exhibit
        Number                    Title of Document                      Location
        ------                    -----------------                      --------
  
       Item 10        Material Contracts
  ------------------- -------------------------------------------------- ---------
        10.01         Line of Credit Secured by Stock Conversion         Attached.
                      Option Letter Agreement between Montgomery
                      Realty Group, Inc. and Dynamic Sciences
                      International, Inc. accepted November 5,
                      2004
  
  
                                     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.
  
                                              DYNAMIC SCIENCES INTERNATIONAL, INC.
  
  
  
  Date: February 23, 2004                          By /s/ Eli Shiri
                                                      ----------------------------
                                                      Eli Shiri
                                                      Chief Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "form8k-02232005.txt", "description": "FORM 8-K", "secsgml_size_bytes": 5022}]
metadata_filer: {"company-data": {"conformed-name": "DYNAMIC SCIENCES INTERNATIONAL INC", "cik": "0000729520", "assigned-sic": "3812", "irs-number": "943226065", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11686", "film-number": "05639150"}, "business-address": {"street1": "6130 VARIEL AVE", "city": "WOODLAND HILLS", "state": "CA", "zip": "91367", "phone": "8182266242"}, "mail-address": {"street1": "6130 VARIEL AVE", "city": "WOODLAND HILLS", "state": "CA", "zip": "91367"}, "former-company": {"former-conformed-name": "NATIONAL PAY TELEPHONE CORP", "date-changed": "19870816"}}
text: 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 5, 2004
  
                            DYNAMIC SCIENCES INTERNATIONAL, INC.
                -----------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
               Nevada                        0-11686              94-3226065
  --------------------------------         ------------        -------------------
  (State or other jurisdiction of          (Commission           (I.R.S. Employer
   incorporation or organization)          File Number)        Identification No.)
  
                   6130 Variel Avenue
                   Woodland Hills, California                        91367
              ----------------------------------------          ----------
              (Address of principal executive offices)          (Zip Code)
  
                                   (818) 226-6262
                ----------------------------------------------------
                (Registrant's telephone number, including area code)
  
                                         N/A
            ------------------------------------------------------------
            (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:
  
           [ ] Written communications pursuant to Rule 425 under the Securities
  Act (17 CFR 230.425)
  
           [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
  (17 CFR 240.14a-12)
  
           [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
  Exchange Act (17 CFR 240.14d-2(b))
  
           [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
  Exchange Act (17 CFR 240.13e-4(c))
  ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
  
           On November 5, 2004, Dynamic Sciences International, Inc. ("Dynamic")
  entered into a line of credit agreement with Montgomery Realty Group, Inc., a
  Nevada corporation ("Montgomery").
  
           Under the terms of the line of credit agreement, Montgomery will loan
  Dynamic up to $120,000 to be used for hiring an independent auditor to audit
  Dynamic's financial statements, employing attorneys, obtaining a third-party
  evaluation of Dynamic's fair market value, and for such other matters as
  Montgomery and Dynamic may agree upon in connection with a potential business
  combination or acquisition involving the companies.
  
           Any amounts advanced under the line of credit shall bear interest at
  the rate of 7% per year and be payable one year from the date of the loan. At
  Montgomery's sole discretion, all amounts due under the line of credit may be
  converted into common stock of Dynamic at the price of $0.07 per share at any
  time.
  
           There is no material relationship between Dynamic and Montgomery.
  
               ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
  
           Dynamic Sciences International, Inc., a Nevada Corporation ("Dynamic"),
  entered into an agreement to engage Weinberg & Company, P.A. Certified Public
  Accountants ("Weinberg") as independent auditors. Under the terms of the
  agreement, Weinberg will perform the required audits to bring Dynamic's
  Securities and Exchange Commission 10-Q and 10-K filings current as of
  31-Dec-2004.
  
                     ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
  
           The following exhibit is filed with this report on Form 8-K:
  
        Exhibit
        Number                    Title of Document                      Location
        ------                    -----------------                      --------
  
       Item 10        Material Contracts
  ------------------- -------------------------------------------------- ---------
        10.01         Line of Credit Secured by Stock Conversion         Attached.
                      Option Letter Agreement between Montgomery
                      Realty Group, Inc. and Dynamic Sciences
                      International, Inc. accepted November 5,
                      2004
  
                                     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.
  
                                              DYNAMIC SCIENCES INTERNATIONAL, INC.
  
  Date: February 23, 2004                          By /s/ Eli Shiri
                                                      ----------------------------
                                                      Eli Shiri
                                                      Chief Executive Officer