U.S. 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): September 17, 2007

Photonic Products Group, Inc.
(Exact name of registrant as specified in its charter)

 

Registrant’s telephone number, including area code:  (201) 767-1910

 
(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 8.01. Other Events

Photonic Products Group, Inc. (PPGI, the “Company”) in accordance with authorization received from its Board of Directors has paid in full the balance on its $1,000,000 Subordinated Convertible Note maturing on March 31, 2008. The payment of $696,520.55 consisting of $500,000 in principal and $196,520.55 in accrued interest was made on September 17, 2007.

SIGNATURE

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:        September 17, 2007
	By:	/s/ Daniel Lehrfeld
		(Daniel Lehrfeld)
		Chief Executive Officer

 

 

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