UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
   Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

            Date of Report (Date of earliest reported): July 15, 2005

                          STRONGHOLD TECHNOLOGIES, INC.
               (Exact name of registrant as specified in charter)

--------------------------------------------------------------------------------
           Nevada                       333-54822                22-3762832
--------------------------------------------------------------------------------
(State or Other Jurisdiction of    (Commission File Number)    (IRS Employer
Incorporation or Organization)                               Identification No.)
--------------------------------------------------------------------------------

                     106 Allen Road, Basking Ridge, NJ 07920
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (908) 903-1195

                                   Copies to:
                             Gregory Sichenzia, Esq.
                            Stephen M. Fleming, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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

Item 2.03         Creation of a Direct Financial Obligation or an Obligation
                  Under an Off-Balance Sheet Arrangement of a Registrant

Item 3.02         Unregistered Sales of Equity Securities

      To obtain funding for its ongoing operations, Stronghold Technologies,
Inc. (the "Company") entered into a Securities Purchase Agreement (the
"Agreement") with New Millennium Capital Partners II, LLC, AJW Qualified
Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC (collectively, the
"Investors") on July 15, 2005 for the sale of (i) $850,000 in callable secured
convertible notes (the "Notes") and (ii) stock purchase warrants (the
"Warrants") to buy 1,700,000 shares of our common stock.

      On July 15, 2005, the Investors purchased $850,000 in Notes and received
Warrants to purchase 1,700,000 shares of the Company's common stock. The Company
received net proceeds in cash in the amount of $200,000 on July 15, 2005 and
$567,500 was placed in escrow of which $100,000 shall be distributed on the 1st
business day of each month.

      The Notes bear interest at 12%, mature two years from the date of
issuance, and are convertible into our common stock, at the Investors' option,
at a conversion price, equal to the lower of (i) $0.07 or (ii) 25% of the
average of the three lowest intraday trading prices for our common stock during
the 20 trading days before, but not including, the conversion date. As of July
18, 2005, the average of the three lowest intraday trading prices for our common
stock during the preceding 20 trading days as reported on the Over-The-Counter
Bulletin Board was $.06 and, therefore, the conversion price for the secured
convertible notes was $.015. Based on this conversion price, the Notes plus all
the callable secured convertible notes issued in connection with our June 2004
Securities Purchase Agreement and the May 2005 Securities Purchase Agreement in
the aggregate amount of $4,500,000, excluding interest, were convertible into
300,000,000 shares of our common stock.

      We may prepay the Notes in the event that no event of default exists,
there are a sufficient number of shares available for conversion of the callable
secured convertible notes and the market price is at or below $.08 per share.
The full principal amount of the Notes is due upon default under the terms of
Notes. In addition, we have granted the Investors a security interest in
substantially all of our assets and intellectual property as well as
registration rights.

      The Warrants are exercisable until five years from the date of issuance at
a purchase price of $0.10 per share. In addition, the exercise price of the
Warrants is adjusted in the event we issue common stock at a price below market.

      The Investors have contractually agreed to restrict their ability to
convert the Notes and exercise the Warrants and receive shares of our common
stock such that the number of shares of the Company common stock held by them
and their affiliates after such conversion or exercise does not exceed 4.99% of
the Company's then issued and outstanding shares of common stock.

      The sale of the Notes was completed on July 15, 2005 with respect to
$850,000 of the Notes. As of the date hereof, the Company is obligated on
$850,000 in face amount of Notes issued to the Investors. The Notes are a debt
obligation arising other than in the ordinary course of business which
constitute a direct financial obligation of the Company. In addition, the
Company is also obligated on $3,650,000 in face amount of callable secured
convertible notes issued to the Investors pursuant to the Securities Purchase
Agreements entered in June 2004 and May 2005.

      The Notes and Warrants were offered and sold to the Investors in a private
placement transaction made in reliance upon exemptions from registration
pursuant to Section 4(2) under the Securities Act of 1933 and Rule 506
promulgated thereunder. Each of the Investors is an accredited investor as
defined in Rule 501 of Regulation D promulgated under the Securities Act of
1933.

<PAGE>

Item 9.01         Financial Statements and Exhibits

Exhibit No.       Description

4.1               Securities Purchase Agreement dated July 15, 2005 by and among
                  the Company and New Millennium Capital Partners II, LLC, AJW
                  Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners,
                  LLC

4.2               Form of Callable Secured Convertible dated July 15, 2005

4.3               Form of Stock Purchase Warrant dated July 15, 2005

4.4               Registration Rights Agreement dated July 15, 2005 by and among
                  the Company and New Millennium Capital Partners II, LLC, AJW
                  Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners,
                  LLC

4.5               Security Agreement dated July 15, 2005 by and among the
                  Company and New Millennium Capital Partners II, LLC, AJW
                  Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners,
                  LLC

4.6               Intellectual Property Security Agreement dated July 15, 2005
                  by and among the Company and New Millennium Capital Partners
                  II, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and
                  AJW Partners, LLC

4.7               Escrow Agreement dated July 15, 2005 by and among the Company
                  and New Millennium Capital Partners II, LLC, AJW Qualified
                  Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC and
                  the Escrow Agent

<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.

                                       STRONGHOLD TECHNOLOGIES, INC.

Date: July 19, 2005                    By:/s/Christopher Carey
                                          --------------------
                                       Name: Christopher Carey
                                       Title: CEO
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UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
   Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

            Date of Report (Date of earliest reported): July 15, 2005

                          STRONGHOLD TECHNOLOGIES, INC.
               (Exact name of registrant as specified in charter)

--------------------------------------------------------------------------------
           Nevada                       333-54822                22-3762832
--------------------------------------------------------------------------------
(State or Other Jurisdiction of    (Commission File Number)    (IRS Employer
Incorporation or Organization)                               Identification No.)
--------------------------------------------------------------------------------

                     106 Allen Road, Basking Ridge, NJ 07920
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (908) 903-1195

                                   Copies to:
                             Gregory Sichenzia, Esq.
                            Stephen M. Fleming, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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

Item 2.03         Creation of a Direct Financial Obligation or an Obligation
                  Under an Off-Balance Sheet Arrangement of a Registrant

Item 3.02         Unregistered Sales of Equity Securities

      To obtain funding for its ongoing operations, Stronghold Technologies,
Inc. (the "Company") entered into a Securities Purchase Agreement (the
"Agreement") with New Millennium Capital Partners II, LLC, AJW Qualified
Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC (collectively, the
"Investors") on July 15, 2005 for the sale of (i) $850,000 in callable secured
convertible notes (the "Notes") and (ii) stock purchase warrants (the
"Warrants") to buy 1,700,000 shares of our common stock.

      On July 15, 2005, the Investors purchased $850,000 in Notes and received
Warrants to purchase 1,700,000 shares of the Company's common stock. The Company
received net proceeds in cash in the amount of $200,000 on July 15, 2005 and
$567,500 was placed in escrow of which $100,000 shall be distributed on the 1st
business day of each month.

      The Notes bear interest at 12%, mature two years from the date of
issuance, and are convertible into our common stock, at the Investors' option,
at a conversion price, equal to the lower of (i) $0.07 or (ii) 25% of the
average of the three lowest intraday trading prices for our common stock during
the 20 trading days before, but not including, the conversion date. As of July
18, 2005, the average of the three lowest intraday trading prices for our common
stock during the preceding 20 trading days as reported on the Over-The-Counter
Bulletin Board was $.06 and, therefore, the conversion price for the secured
convertible notes was $.015. Based on this conversion price, the Notes plus all
the callable secured convertible notes issued in connection with our June 2004
Securities Purchase Agreement and the May 2005 Securities Purchase Agreement in
the aggregate amount of $4,500,000, excluding interest, were convertible into
300,000,000 shares of our common stock.

      We may prepay the Notes in the event that no event of default exists,
there are a sufficient number of shares available for conversion of the callable
secured convertible notes and the market price is at or below $.08 per share.
The full principal amount of the Notes is due upon default under the terms of
Notes. In addition, we have granted the Investors a security interest in
substantially all of our assets and intellectual property as well as
registration rights.

      The Warrants are exercisable until five years from the date of issuance at
a purchase price of $0.10 per share. In addition, the exercise price of the
Warrants is adjusted in the event we issue common stock at a price below market.

      The Investors have contractually agreed to restrict their ability to
convert the Notes and exercise the Warrants and receive shares of our common
stock such that the number of shares of the Company common stock held by them
and their affiliates after such conversion or exercise does not exceed 4.99% of
the Company's then issued and outstanding shares of common stock.

      The sale of the Notes was completed on July 15, 2005 with respect to
$850,000 of the Notes. As of the date hereof, the Company is obligated on
$850,000 in face amount of Notes issued to the Investors. The Notes are a debt
obligation arising other than in the ordinary course of business which
constitute a direct financial obligation of the Company. In addition, the
Company is also obligated on $3,650,000 in face amount of callable secured
convertible notes issued to the Investors pursuant to the Securities Purchase
Agreements entered in June 2004 and May 2005.

      The Notes and Warrants were offered and sold to the Investors in a private
placement transaction made in reliance upon exemptions from registration
pursuant to Section 4(2) under the Securities Act of 1933 and Rule 506
promulgated thereunder. Each of the Investors is an accredited investor as
defined in Rule 501 of Regulation D promulgated under the Securities Act of
1933.
Item 9.01         Financial Statements and Exhibits

Exhibit No.       Description

4.1               Securities Purchase Agreement dated July 15, 2005 by and among
                  the Company and New Millennium Capital Partners II, LLC, AJW
                  Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners,
                  LLC

4.2               Form of Callable Secured Convertible dated July 15, 2005

4.3               Form of Stock Purchase Warrant dated July 15, 2005

4.4               Registration Rights Agreement dated July 15, 2005 by and among
                  the Company and New Millennium Capital Partners II, LLC, AJW
                  Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners,
                  LLC

4.5               Security Agreement dated July 15, 2005 by and among the
                  Company and New Millennium Capital Partners II, LLC, AJW
                  Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners,
                  LLC

4.6               Intellectual Property Security Agreement dated July 15, 2005
                  by and among the Company and New Millennium Capital Partners
                  II, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and
                  AJW Partners, LLC

4.7               Escrow Agreement dated July 15, 2005 by and among the Company
                  and New Millennium Capital Partners II, LLC, AJW Qualified
                  Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC and
                  the Escrow Agent
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.

                                       STRONGHOLD TECHNOLOGIES, INC.

Date: July 19, 2005                    By:/s/Christopher Carey
                                          --------------------
                                       Name: Christopher Carey
                                       Title: CEO