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      AND EXCHANGE COMMISSION</strong></font></div>
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      D.C. 20549</strong></font></div>
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      8-K</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT</strong></font></div>
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      TO SECTION 13 OR 15(d) of the</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      EXCHANGE ACT OF 1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
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      11, 2006</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      INC.</strong></font></div>
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      Name of Registrant as Specified in Charter)</em></font></div>
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            </td>
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                or other jurisdiction</em></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>of
                incorporation)</em></font></div>
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                Number)</em></font></div>
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                West 21st Street, 2nd Floor</strong></font></div>
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                telephone number, including area code:</font></div>
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                561-5111</strong></font></div>
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            <td valign="bottom" width="27%">&#160;</td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>(Former
      Name or Former Address, If Changed Since Last Report)</em></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font>&#160;&#160;
Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font></div>
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Soliciting
      material pursuant to Rule 14a-12
      under the Exchange Act (17 CFR 240.14a-12)</font></div>
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Pre-commencement
      communications pursuant to
      Rule 14d-2(b) under the Exchange
      Act&#160;(17&#160;CFR&#160;240.14d-2(b))</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font face="Wingdings">o</font>&#160;&#160;
Pre-commencement
      communications pursuant to
      Rule 13e-4(c) under the Exchange Act&#160;
(17&#160;CFR&#160;240.13e-4(c))</font></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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        </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit
      Report or Completed Interim Review.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      August
      11, 2006, the management of Skins Inc., a Delaware corporation (the &#8220;Company&#8221;)
      concluded that its previously issued financial statements as of and for the
      year
      ended December 31, 2005, as included in its Current Report on Form 8-K as filed
      with the Securities and Exchange Commission (the &#8220;Commission&#8221;) on March 24, 2006
      (the &#8220;March 24, 2006 Form 8-K&#8221;) and financial statements for the three months
      ended March 31, 2006, as included in the Quarterly Report on Form 10-QSB as
      filed with the Commission on June 2, 2006 (the &#8220;March 31, 2006 Form 10-QSB&#8221;),
      should no longer be relied upon as a result of the Company&#8217;s determination that
      it misapplied accounting principles generally accepted in the United States
      of
      America in relation to options granted on October 24, 2005 that were cancelled
      and replaced on March 16, 2006 and that it misapplied accounting principles
      generally accepted in the United States of America in relation to derivative
      instruments that existed at December 31, 2005 and March 31, 2006. Accordingly,
      the Company will restate its financial statements for the year ended December
      31, 2005 and three months ended March 31, 2006, and file an amendment to its
      March 24, 2006 Form 8-K and March 31, 2006 Form 10-QSB disclosing the effect
      of
      the errors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
      conclusion was based upon conversations between the Company and its independent
      auditors (Mahoney Cohen &amp; Company, CPA, P.C.). During this process,
      management reviewed the facts and circumstances regarding the errors in
      accounting. Authorized officers of the Company discussed this matter with the
      Company's independent public accounting firm who agreed that the Company's
      previously issued financial statements described above could not be relied
      upon
      and needed to be restated. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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.</font></div>
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    <div>
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          <tr>
            <td align="left" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">August
                15, 2006</font></div>
            </td>
            <td align="left" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SKINS
                INC.</strong></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="42%">&#160;</td>
            <td align="left" valign="top" width="42%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="42%">&#160;</td>
            <td align="left" valign="top" width="42%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="42%" style="border-bottom: medium none;">&#160;</td>
            <td align="left" valign="top" width="42%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em><u>/s/
                Mark
                Klein&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
                </u></em></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="42%">&#160;</td>
            <td align="left" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Name</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mark
                Klein</font></div>
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          </tr>
          <tr>
            <td align="left" valign="top" width="42%">&#160;</td>
            <td align="left" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
                Executive Officer</font></div>
            </td>
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          <tr>
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            <td align="left" valign="top" width="42%">&#160;</td>
          </tr>

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{"company-data": {"conformed-name": "SKINS INC.", "cik": "0001300744", "assigned-sic": "3140", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51119", "film-number": "061036222"}, "business-address": {"street1": "54 WEST 21ST STREET, # 705", "city": "NEW YORK", "state": "NY", "zip": "10010", "phone": "212-255-1777"}, "mail-address": {"street1": "54 WEST 21ST STREET, # 705", "city": "NEW YORK", "state": "NY", "zip": "10010"}, "former-company": {"former-conformed-name": "Logicom Inc.", "date-changed": "20040817"}}
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):
August
      11, 2006
SKINS
      INC.
(Exact
      Name of Registrant as Specified in Charter)
Nevada
000-
51119
20-4711789
(State
                or other jurisdiction
(Commission
(IRS
                Employer
of
                incorporation)
File
                Number)
Identification
                No.)
45
                West 21st Street, 2nd Floor
New
                York, NY 10010
(Address
                of principal executive offices)
Registrant's
                telephone number, including area code:
(212)
                561-5111
(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:
o
Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)
o
Soliciting
      material pursuant to Rule 14a-12
      under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
      communications pursuant to
      Rule 14d-2(b) under the Exchange
      Act (17 CFR 240.14d-2(b))
o
Pre-commencement
      communications pursuant to
      Rule 13e-4(c) under the Exchange Act 
(17 CFR 240.13e-4(c))
Item
      4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit
      Report or Completed Interim Review.
On
      August
      11, 2006, the management of Skins Inc., a Delaware corporation (the "Company")
      concluded that its previously issued financial statements as of and for the
      year
      ended December 31, 2005, as included in its Current Report on Form 8-K as filed
      with the Securities and Exchange Commission (the "Commission") on March 24, 2006
      (the "March 24, 2006 Form 8-K") and financial statements for the three months
      ended March 31, 2006, as included in the Quarterly Report on Form 10-QSB as
      filed with the Commission on June 2, 2006 (the "March 31, 2006 Form 10-QSB"),
      should no longer be relied upon as a result of the Company's determination that
      it misapplied accounting principles generally accepted in the United States
      of
      America in relation to options granted on October 24, 2005 that were cancelled
      and replaced on March 16, 2006 and that it misapplied accounting principles
      generally accepted in the United States of America in relation to derivative
      instruments that existed at December 31, 2005 and March 31, 2006. Accordingly,
      the Company will restate its financial statements for the year ended December
      31, 2005 and three months ended March 31, 2006, and file an amendment to its
      March 24, 2006 Form 8-K and March 31, 2006 Form 10-QSB disclosing the effect
      of
      the errors.
This
      conclusion was based upon conversations between the Company and its independent
      auditors (Mahoney Cohen & Company, CPA, P.C.). During this process,
      management reviewed the facts and circumstances regarding the errors in
      accounting. Authorized officers of the Company discussed this matter with the
      Company's independent public accounting firm who agreed that the Company's
      previously issued financial statements described above could not be relied
      upon
      and needed to be restated.
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:
August
                15, 2006
SKINS
                INC.
By:
/s/
                Mark
                Klein
Name
Mark
                Klein
Title:
Chief
                Executive Officer