Coda Octopus Group, Inc. — Director's Dealing 2007

Sep 21, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Coda Octopus Group, Inc. (CDOC.PK)
CIK: 0001334325
Period of Report: 2007-09-18

Reporting Person: REID JASON LEE (Director, President, 10% Owner, & CEO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $0.001	501479	Direct
Common Stock, Par Value $0.001	16768666	Indirect
Common Stock, Par Value $0.001	280720	Indirect
Common Stock, Par Value $0.001	172540	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$1.00	2009-05-01	Common Stock (400000)		Direct
Warrants	$1.30	2012-05-05	Common Stock (1327500)		Indirect
Warrants	$1.70	2012-05-05	Common Stock (1327500)		Indirect
Warrants	$1.30	2012-05-05	Common Stock (25000)		Indirect
Warrants	$1.70	2012-05-05	Common Stock (25000)		Indirect

Footnotes

F1: The Reporting person may be deemed to be a control person of this entity.

F2: The Reporting person may be deemed to be a control person of this entity.