Coda Octopus Group, Inc. — Director's Dealing 2009

Nov 12, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coda Octopus Group, Inc. (CDOC.OB)
CIK: 0001334325
Period of Report: 2009-11-09

Reporting Person: REID JASON LEE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-09	Common Stock, $0.001 par value	S	20503421	—	Disposed	0	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants	$0		Common Stock (2796418)	0	Direct

Footnotes

F1: The total consideration for the securities disposed of and reported on this form was paid through the assignment of
promissory notes with a face value of $1,000,000 listing the Company as payor.

F2: Includes shares owned by the Reporting Person directly. In addition, includes shares held by Fairwater Technology Group Ltd.
and Softworks Business Systems Limited of which the Reporting Person is deemed to be the control person, as well as shares
indirectly owned through his spouse.

F3: D/I

F4: N/A