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)
                                 APRIL 13, 2005

                        RAPTOR NETWORKS TECHNOLOGY, INC.
                        --------------------------------
             (Exact name of registrant as specified in its charter)

           Colorado                   333-74846                 84-1573852
           --------                   ---------                 ----------
       (State or other         (Commission File Number)       (IRS Employer
jurisdiction of incorporation)                            Identification Number)

                          1241 E. Dyer Road, Suite 150
                               Santa Ana, CA 92705
                          ----------------------------
                    (Address of Principal Executive Offices)

                                 (949) 623-9300
                                 --------------
              (Registrant's Telephone Number, Including Area Code)

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):

[_]  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
--------------------------------------------------------

     As previously reported on Raptor Networks  Technology,  Inc.'s (referred to
herein as the  "Company")  Current Report on Form 8-K filed on April 5, 2005, on
March 30, 2005, the Company secured partially-funded private debt financing from
a private-party  non-affiliate  in the original  aggregate  principal  amount of
Fifty Thousand Dollars ($50,000).  As of April 4, 2005, the Company had received
Twenty-One  Thousand Dollars ($21,000).  On April 13, 2005, the Company received
the remaining  Twenty-Nine  Thousand Dollars ($29,000).  The net proceeds to the
Company are Forty-Four Thousand Dollars ($44,000), after the payment of a twelve
percent (12%) placement fee. The new debt is evidenced by an 8% Convertible Note
in the  principal  amount of $50,000,  dated  February 28, 2005,  and payable on
demand after August 28, 2006, which accrues interest at the annual rate of eight
percent (8%) and comprises an unsecured obligation of the Company.

     On April 13, 2005, the Company  secured  additional  private debt financing
from a private-party non-affiliate in the original aggregate principal amount of
Fifty Thousand Dollars ($50,000). The net proceeds to the Company are Forty-Four
Thousand  Dollars  ($44,000),  after  the  payment  of a  twelve  percent  (12%)
placement  fee.  The new  debt is  evidenced  by an 8%  Convertible  Note in the
principal  amount of  $50,000.  The note is dated  March 25, 2005 and payable on
demand after September 25, 2006. The note accrues interest at the annual rate of
eight percent (8%) and comprises an unsecured obligation of the Company.

     Both of the above  referenced  notes are part of an offering of the Company
of up to $600,000 in 8% Convertible  Bridge Notes,  issuable at $50,000 per note
(the "Bridge  Raise").  The entire  principal and accrued  interest of the notes
shall  automatically  convert  into shares of the  Company's  Common Stock (at a
twenty  percent  (20%)  discount  from the purchase  price set forth in a future
financing,  if and  when  undertaken  by the  Company)  issued  in  such  future
financing  with gross proceeds of at least Three Million  Dollars  ($3,000,000).
The total  amount of the Bridge  Raise  shall be  included  in  calculating  the
$3,000,000 for purposes of triggering the automatic conversion.

     As further  consideration  to the placement agent for securing the $100,000
in debt  financing,  the Company shall issue to the placement  agent warrants to
purchase the Company's  Common Stock in an amount equal to fifteen percent (15%)
of the number of shares to be converted upon conversion of the notes, whether or
not the notes are ever  converted.  The warrants  shall have a purchase price of
$0.40 per share and shall expire five years from the date of issuance.

     The above referenced notes and warrants are exempt from registration  under
the Securities Act of 1933 pursuant to the exemption set forth in Regulation D.

Item 2.03     Creation Of A Direct Financial Obligation Or An Obligation Under
------------------------------------------------------------------------------
An Off-Balance Sheet Arrangement Of A Registrant
------------------------------------------------

     As stated above in Item 1.01, the Company secured  additional  private debt
financing in the original  aggregate  principal  amount of One-Hundred  Thousand
Dollars  ($100,000).  The details of this debt  financing  are described in Item
1.01,  which is  incorporated  in its entirety by this  reference into this Item
2.03.
















                                       -2-
<PAGE>






                                   SIGNATURES
                                   ----------

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


Date: April 19, 2005                      RAPTOR NETWORKS TECHNOLOGY, INC.
                                          --------------------------------



                                          By:  /s/ Bob van Leyen
                                             -----------------------------------
                                              Bob van Leyen
                                              Secretary/Chief Financial Officer








































                                       -3-
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{"company-data": {"conformed-name": "RAPTOR NETWORKS TECHNOLOGY INC", "cik": "0001163300", "assigned-sic": "7380", "irs-number": "841573852", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-74846", "film-number": "05758931"}, "business-address": {"street1": "1241 E. DYER ROAD", "street2": "SUITE 150", "city": "SANTA ANA", "state": "CA", "zip": "92705", "phone": "(949) 623-9300"}, "mail-address": {"street1": "1241 E. DYER ROAD", "street2": "SUITE 150", "city": "SANTA ANA", "state": "CA", "zip": "92705"}, "former-company": [{"former-conformed-name": "RAPTOR NETWORKS TECHNOLOGY  INC", "date-changed": "20031211"}, {"former-conformed-name": "PACIFIC INTERMEDIA INC", "date-changed": "20011205"}]}
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)
                                 APRIL 13, 2005

                        RAPTOR NETWORKS TECHNOLOGY, INC.
                        --------------------------------
             (Exact name of registrant as specified in its charter)

           Colorado                   333-74846                 84-1573852
           --------                   ---------                 ----------
       (State or other         (Commission File Number)       (IRS Employer
jurisdiction of incorporation)                            Identification Number)

                          1241 E. Dyer Road, Suite 150
                               Santa Ana, CA 92705
                          ----------------------------
                    (Address of Principal Executive Offices)

                                 (949) 623-9300
                                 --------------
              (Registrant's Telephone Number, Including Area Code)

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):

[_]  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
--------------------------------------------------------

     As previously reported on Raptor Networks  Technology,  Inc.'s (referred to
herein as the  "Company")  Current Report on Form 8-K filed on April 5, 2005, on
March 30, 2005, the Company secured partially-funded private debt financing from
a private-party  non-affiliate  in the original  aggregate  principal  amount of
Fifty Thousand Dollars ($50,000).  As of April 4, 2005, the Company had received
Twenty-One  Thousand Dollars ($21,000).  On April 13, 2005, the Company received
the remaining  Twenty-Nine  Thousand Dollars ($29,000).  The net proceeds to the
Company are Forty-Four Thousand Dollars ($44,000), after the payment of a twelve
percent (12%) placement fee. The new debt is evidenced by an 8% Convertible Note
in the  principal  amount of $50,000,  dated  February 28, 2005,  and payable on
demand after August 28, 2006, which accrues interest at the annual rate of eight
percent (8%) and comprises an unsecured obligation of the Company.

     On April 13, 2005, the Company  secured  additional  private debt financing
from a private-party non-affiliate in the original aggregate principal amount of
Fifty Thousand Dollars ($50,000). The net proceeds to the Company are Forty-Four
Thousand  Dollars  ($44,000),  after  the  payment  of a  twelve  percent  (12%)
placement  fee.  The new  debt is  evidenced  by an 8%  Convertible  Note in the
principal  amount of  $50,000.  The note is dated  March 25, 2005 and payable on
demand after September 25, 2006. The note accrues interest at the annual rate of
eight percent (8%) and comprises an unsecured obligation of the Company.

     Both of the above  referenced  notes are part of an offering of the Company
of up to $600,000 in 8% Convertible  Bridge Notes,  issuable at $50,000 per note
(the "Bridge  Raise").  The entire  principal and accrued  interest of the notes
shall  automatically  convert  into shares of the  Company's  Common Stock (at a
twenty  percent  (20%)  discount  from the purchase  price set forth in a future
financing,  if and  when  undertaken  by the  Company)  issued  in  such  future
financing  with gross proceeds of at least Three Million  Dollars  ($3,000,000).
The total  amount of the Bridge  Raise  shall be  included  in  calculating  the
$3,000,000 for purposes of triggering the automatic conversion.

     As further  consideration  to the placement agent for securing the $100,000
in debt  financing,  the Company shall issue to the placement  agent warrants to
purchase the Company's  Common Stock in an amount equal to fifteen percent (15%)
of the number of shares to be converted upon conversion of the notes, whether or
not the notes are ever  converted.  The warrants  shall have a purchase price of
$0.40 per share and shall expire five years from the date of issuance.

     The above referenced notes and warrants are exempt from registration  under
the Securities Act of 1933 pursuant to the exemption set forth in Regulation D.

Item 2.03     Creation Of A Direct Financial Obligation Or An Obligation Under
------------------------------------------------------------------------------
An Off-Balance Sheet Arrangement Of A Registrant
------------------------------------------------

     As stated above in Item 1.01, the Company secured  additional  private debt
financing in the original  aggregate  principal  amount of One-Hundred  Thousand
Dollars  ($100,000).  The details of this debt  financing  are described in Item
1.01,  which is  incorporated  in its entirety by this  reference into this Item
2.03.

                                       -2-
SIGNATURES
                                   ----------

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: April 19, 2005                      RAPTOR NETWORKS TECHNOLOGY, INC.
                                          --------------------------------

                                          By:  /s/ Bob van Leyen
                                             -----------------------------------
                                              Bob van Leyen
                                              Secretary/Chief Financial Officer

                                       -3-