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)
                                JANUARY 28, 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                                           Identification Number)
incorporation)

                          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
------------------------------------------------------

     On January 28, 2005, Raptor Networks  Technology,  Inc. (referred to herein
as the "Company,"  "Registrant"  or "Raptor")  secured  additional  private debt
financing by various private-party  non-affiliate  individuals,  in the original
principal amount of One Hundred Thirty Thousand  Dollars  ($130,000) to fund its
continuing operations. The net proceeds to the Company are One Hundred Seventeen
Thousand Dollars  ($117,000),  after the payment of a 10% placement fee. The new
debt is evidenced by several  Convertible  Bridge Notes, dated January 31, 2005,
payable on demand after August 2005, which accrue interest at the annual rate of
ten percent (10%) and comprise an unsecured  obligation of the  Registrant.  The
Company  is  required  to issue to the  lenders a total of 52,000  Warrants  for
purchase of shares of its  authorized but  previously  unissued  Common Stock as
further consideration in the loan transaction.  The entire principal and accrued
interest of the loan is convertible  by the  Registrant  into shares issued in a
future  equity  or  equity  based  financing  with  gross  proceeds  of at least
$4,000,000,  if and when undertaken by the Registrant, at a twenty percent (20%)
discount from the purchase price set in such future offering, if any.


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,  on January 28,  2005,  the Company  secured
additional  private debt financing in the principle amount of One Hundred Thirty
Thousand Dollars  ($130,000) to fund its continuing  operations.  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: February 3, 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": "05572614"}, "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)
                                JANUARY 28, 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                                           Identification Number)
incorporation)

                          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
------------------------------------------------------

     On January 28, 2005, Raptor Networks  Technology,  Inc. (referred to herein
as the "Company,"  "Registrant"  or "Raptor")  secured  additional  private debt
financing by various private-party  non-affiliate  individuals,  in the original
principal amount of One Hundred Thirty Thousand  Dollars  ($130,000) to fund its
continuing operations. The net proceeds to the Company are One Hundred Seventeen
Thousand Dollars  ($117,000),  after the payment of a 10% placement fee. The new
debt is evidenced by several  Convertible  Bridge Notes, dated January 31, 2005,
payable on demand after August 2005, which accrue interest at the annual rate of
ten percent (10%) and comprise an unsecured  obligation of the  Registrant.  The
Company  is  required  to issue to the  lenders a total of 52,000  Warrants  for
purchase of shares of its  authorized but  previously  unissued  Common Stock as
further consideration in the loan transaction.  The entire principal and accrued
interest of the loan is convertible  by the  Registrant  into shares issued in a
future  equity  or  equity  based  financing  with  gross  proceeds  of at least
$4,000,000,  if and when undertaken by the Registrant, at a twenty percent (20%)
discount from the purchase price set in such future offering, if any.

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,  on January 28,  2005,  the Company  secured
additional  private debt financing in the principle amount of One Hundred Thirty
Thousand Dollars  ($130,000) to fund its continuing  operations.  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: February 3, 2005                  RAPTOR NETWORKS TECHNOLOGY, INC.
                                        --------------------------------

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

                                       -3-