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 MAY 23, 2006 (Date of Report) MAY 23, 2006 (Date of Earliest Event Reported) DYNAMIC BIOMETRIC SYSTEMS, INC. (Exact Name of Registrant as Specified in its Charter) NEVADA (State or other jurisdiction 001-32706 20-4809793 of incorporation) Commission File Number (IRS Employer I.D. No.) 1711 W. GREENTREE DR., SUITE 116, TEMPE, AZ 85284 (Address of Principal Executive Offices) (480) 705-9110 (Registrant's Telephone Number) NOT APPLICABLE (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 (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01 OTHER EVENTS AND REGULATION FD DISCLOSURE On May 23, 2006, Dynamic Biometric Systems, Inc. issued a press release in which it announced that Peacock, Hislop, Staley & Given, Inc., a Phoenix, Arizona-based investment banking and securities brokerage firm, received approval from the NASD to initiate quotations on DBSI's common stock, which will trade under the symbol "DYBO.OB" on the OTC Bulletin Board. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference. ITEM 9.01(D) EXHIBITS 99.1 Press Release of Dynamic Biometric Systems, Inc. issued May 23, 2006 SIGNATURES In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DYNAMIC BIOMETRIC SYSTEMS, INC. (Registrant) Dated: May 23, 2006 By: /s/ Richard C. Kim --------------------- Richard C. Kim Chief Executive Officer and President