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<TITLE>Hydrodynex, INC. 8-K 11/25/08</TITLE>
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<A NAME="eolPage1"></A><P style="margin:0px">&nbsp;<A NAME="FIS_TOP_OF_DOCUMENT"></A>&nbsp;<A NAME="FORM8KAPD25000PLACEMENT_HTM"></A>&nbsp;<A NAME="FIS_FORM"></A></P>
<P style="line-height:15.5pt; margin:0px; font-size:13.5pt" align=center><B>UNITED STATES </B></P>
<P style="line-height:15.5pt; margin:0px; font-size:13.5pt" 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; font-size:7.5pt">&nbsp;</P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>Form 8-K</B></P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<P style="line-height:15.5pt; margin:0px; font-size:13.5pt" align=center><B>Current Report</B></P>
<P style="line-height:15.5pt; margin:0px; font-size:13.5pt" align=center><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </B></P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Date Of Report (Date Of Earliest Event Reported):&nbsp;&nbsp;11/25/2008</B></P>
<P style="margin:0px" align=center><img src="hdx8k112508apg001.jpg" alt="[hdx8k112508apg001.jpg]" align=middle height=124.933 width=217></P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B><U>HydroDynex, Inc. </U></B></P>
<P style="margin:0px" align=center><B>(Exact Name of Registrant as Specified in its Charter)</B></P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Commission File Number:&nbsp; <U>000-53506</U></B></P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=377.133></TD><TD width=27.467></TD><TD width=363.4></TD></TR>
<TR><TD valign=bottom width=377.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B><U>NEVADA</U></B></P>
</TD><TD valign=bottom width=27.467><P style="line-height:14pt; margin:0px; font-size:7.5pt">&nbsp;&nbsp;<FONT style="font-size:12pt">&nbsp;</FONT></P>
</TD><TD valign=bottom width=363.4><P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B><U>20-4903071</U></B></P>
</TD></TR>
<TR><TD valign=top width=377.133><P style="margin:0px; text-indent:-16.333px" align=center><B>(State or Other Jurisdiction of</B></P>
</TD><TD valign=bottom width=27.467><P style="line-height:14pt; margin:0px; font-size:7.5pt">&nbsp;&nbsp;<FONT style="font-size:12pt">&nbsp;</FONT></P>
</TD><TD valign=bottom width=363.4><P style="margin:0px" align=center><B>(I.R.S. Employer</B></P>
</TD></TR>
<TR><TD valign=top width=377.133><P style="margin:0px; text-indent:-16.333px" align=center><B>Incorporation or Organization)</B></P>
</TD><TD valign=bottom width=27.467><P style="line-height:14pt; margin:0px; font-size:7.5pt">&nbsp;&nbsp;<FONT style="font-size:12pt">&nbsp;</FONT></P>
</TD><TD valign=bottom width=363.4><P style="margin:0px" align=center><B>Identification No.)</B></P>
</TD></TR>
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<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B><U>230 Bethany Rd., Ste. 128, Burbank, California 91504</U></B></P>
<P style="line-height:normal; margin:0px" align=center><B>(Address of Principal Executive Offices, Including Zip Code)</B><FONT style="font-size:12pt"> </FONT></P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B><U>(702) 884-2150</U></B></P>
<P style="margin:0px" align=center><B>(Registrant&#146;s Telephone Number, Including Area Code) </B></P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<P style="margin:0px" align=center><B>(Former name or former address, if changed since last report) </B></P>
<P style="line-height:14pt; margin:0px; font-size:7.5pt">&nbsp;<FONT style="font-size:12pt">&nbsp;</FONT></P>
<P style="margin-top:0px; margin-bottom:16px"><B>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:</B></P>
<P style="margin:0px"><B>[&nbsp;&nbsp;]&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR>
<BR>
[&nbsp;&nbsp;]&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)<BR>
<BR>
[&nbsp;&nbsp;]&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))<BR>
<BR>
[&nbsp;&nbsp;]&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c)) </B></P>
<P style="line-height:14pt; margin:0px; font-size:7.5pt">&nbsp;<FONT style="font-size:12pt">&nbsp;</FONT></P>
<P style="margin:0px"><BR></P>
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<P style="margin-top:6.667px; margin-bottom:6.667px; page-break-before:always" align=center>Items to be Included in this Report </P>
<P style="margin:0px"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=100.667></TD><TD width=571.333></TD></TR>
<TR><TD valign=top width=100.667><P style="margin:0px; padding-left:9.6px"><B>Item&nbsp;1.01.</B></P>
</TD><TD valign=top width=571.333><P style="margin:0px; padding-left:9.6px"><B>Entry into a Material Definitive Agreement.</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px; padding-right:48px">&nbsp;&nbsp;</P>
<P style="margin:0px; padding-right:48px; text-indent:32.667px" align=justify>On November 25, 2008, Hydrodynex, Inc. (the &#147;Company&#148;) entered into definitive agreements relating to the private placement of $7,500 of its securities through the sale of 15,000 shares of its common stock at $0.50 per share, which included 15,000 three-year stock purchase warrants exercisable at $1.00 to a single, non-accredited investor. &nbsp;The purchase price of the shares was set by the board of directors. &nbsp;The purchase price of the shares is higher than that obtained by the Company in its most recent private placements. &nbsp;The Purchaser in the private placement was Ryan Edington. &nbsp;Ryan Edington is the brother of Jerod Edington, the President and CEO of the Company.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:48px; text-indent:32.667px" align=justify>Upon the closing of the private placement, there will be no fees, commissions or professional fees for services rendered. &nbsp;The placement was undertaken by the officers of the Company.</P>
<P style="margin:0px; padding-right:48px">&nbsp;&nbsp;</P>
<P style="margin:0px; padding-right:48px">&nbsp;&nbsp;</P>
<A NAME="FIS_SALE_OF_EQUITY"></A><TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=100.667></TD><TD width=571.333></TD></TR>
<TR><TD valign=top width=100.667><P style="margin:0px; padding-left:9.6px"><B>Item&nbsp;3.02.</B></P>
</TD><TD valign=top width=571.333><P style="margin:0px; padding-left:9.6px"><B>Unregistered Sales of Securities.</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px; padding-right:48px">&nbsp;&nbsp;</P>
<P style="margin:0px; padding-right:48px; text-indent:32.667px" align=justify>See disclosure under Item 1.01 of this Report.</P>
<P style="margin:0px; padding-right:48px" align=justify>&nbsp;&nbsp;</P>
<P style="margin:0px; padding-right:48px; text-indent:32.667px" align=justify>The private placement of the securities referenced under Item 1.01 of this Report is exempt from registration under the Securities Exchange Act of 1933, as amended (the &#147;Act&#148;), pursuant to Section 4(2) thereof, and Rule 504 promulgated by the SEC under the Act.</P>
<P style="margin:0px; padding-right:48px" align=justify>&nbsp;&nbsp;</P>
<P style="margin:0px">&nbsp;<A NAME="FIS_FINANCIAL_STATEMENTS_AND_EXHIBITS"></A></P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=100.667></TD><TD width=571.333></TD></TR>
<TR><TD valign=top width=100.667><P style="margin:0px; padding-left:9.6px"><B>Item&nbsp;9.01.</B></P>
</TD><TD valign=top width=571.333><P style="margin:0px; padding-left:9.6px"><B>Financial Statements and Exhibits.</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px; padding-right:48px">&nbsp;&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=45.6></TD><TD width=46></TD><TD width=580.4></TD></TR>
<TR><TD width=45.6><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=46><P style="margin:0px; padding-left:9.6px">(c)</P>
</TD><TD valign=top width=580.4><P style="margin:0px; padding-left:9.6px"><U>Exhibits</U> .</P>
</TD></TR>
</TABLE>
<P style="margin:0px; padding-right:48px">&nbsp;&nbsp;<A NAME="FIS_UNIDENTIFIED_TABLE"></A></P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=52.667></TD><TD width=44.533></TD><TD width=574.8></TD></TR>
<TR><TD valign=top width=52.667><P>&nbsp;</P></TD><TD valign=bottom width=44.533><P style="margin:0px; padding-left:9.6px">&nbsp;10.1&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=574.8><P style="margin:0px; padding-left:9.6px">Form of Securities Purchase Agreement, entered into by the Company on November 25, 2008.</P>
</TD></TR>
<TR><TD width=52.667><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=619.333 colspan=2><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<A NAME="FIS_SIGNATURES"></A><P style="margin:0px"><BR></P>
<P style="margin:0px; padding-right:48px" align=center><B>SIGNATURES</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-right:48px; text-indent:32.667px">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; padding-right:48px">&nbsp;&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=36.533></TD><TD width=36.533></TD><TD width=187.467></TD><TD width=36.533></TD><TD width=39.467></TD><TD width=36.533></TD><TD width=44.6></TD><TD width=36.533></TD><TD width=217.8></TD></TR>
<TR><TD width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=187.467><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=39.467><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=44.6><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=217.8><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=260.533 colspan=3><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=39.467><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=298.933 colspan=3><P style="margin:0px; padding-left:25.6px; text-indent:-16px">Hydrodynex, INC.</P>
<P style="margin:0px; padding-left:25.6px; text-indent:-16px">(Registrant)</P>
</TD></TR>
<TR><TD width=260.533 colspan=3><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=76 colspan=2><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=81.133 colspan=2><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD><TD width=254.333 colspan=2><P style="margin:0px; padding-left:9.6px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=260.533 colspan=3><P style="margin:0px; padding-left:9.6px">Date: November 28, 2008</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=39.467><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=44.6><P style="margin:0px; padding-left:9.6px">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=217.8><P style="margin:0px; padding-left:25.6px; text-indent:-16px">/s/ Jerod Edington</P>
</TD></TR>
<TR><TD valign=top width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=187.467><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=39.467><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=top width=44.6><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=36.533><P style="margin:0px; padding-left:9.6px">&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=217.8><P style="margin:0px; padding-left:25.6px; text-indent:-16px">Jerod Edington</P>
<P style="margin:0px; padding-left:25.6px; text-indent:-16px">President and CEO</P>
</TD><A NAME="FORM8KAPD25000PLACEMENT_HTM_DEX991_HTM"></A><A NAME="FIS_EXHIBIT_99"></A></TR>
</TABLE>
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Hydrodynex, INC. 8-K 11/25/08
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):  11/25/2008
HydroDynex, Inc.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number:
000-53506
NEVADA
20-4903071
(State or Other Jurisdiction of
(I.R.S. Employer
Incorporation or Organization)
Identification No.)
230 Bethany Rd., Ste. 128, Burbank, California 91504
(Address of Principal Executive Offices, Including Zip Code)
(702) 884-2150
(Registrant's Telephone Number, Including Area Code)
(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(17CFR240.14a-12)
[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 1.01.
Entry into a Material Definitive Agreement.
On November 25, 2008, Hydrodynex, Inc. (the "Company") entered into definitive agreements relating to the private placement of $7,500 of its securities through the sale of 15,000 shares of its common stock at $0.50 per share, which included 15,000 three-year stock purchase warrants exercisable at $1.00 to a single, non-accredited investor.  The purchase price of the shares was set by the board of directors.  The purchase price of the shares is higher than that obtained by the Company in its most recent private placements.  The Purchaser in the private placement was Ryan Edington.  Ryan Edington is the brother of Jerod Edington, the President and CEO of the Company.
Upon the closing of the private placement, there will be no fees, commissions or professional fees for services rendered.  The placement was undertaken by the officers of the Company.
Item 3.02.
Unregistered Sales of Securities.
See disclosure under Item 1.01 of this Report.
The private placement of the securities referenced under Item 1.01 of this Report is exempt from registration under the Securities Exchange Act of 1933, as amended (the "Act"), pursuant to Section 4(2) thereof, and Rule 504 promulgated by the SEC under the Act.
Item 9.01.
Financial Statements and Exhibits.
(c)
Exhibits
.
10.1
Form of Securities Purchase Agreement, entered into by the Company on November 25, 2008.
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.
Hydrodynex, INC.
(Registrant)
Date: November 28, 2008
By:
/s/ Jerod Edington
Jerod Edington
President and CEO