Item 8.01. Other Events.

On February 13, 2009, Acies Corporation (the "Company") reported its entry, on or around February 5, 2009, into an Amended and Restated Share Exchange Agreement (the "Exchange Agreement") with L.A. Digital Post, Inc., a California corporation ("LA Digital"), LADP, LLC, a Delaware limited liability company ("LADP"), which owns all of the outstanding shares of LA Digital, I-Toss Acquisition, Inc., a Delaware corporation ("I-Toss"), and the majority shareholders of I-Toss. Pursuant to the Exchange Agreement, upon the closing of the transaction (which is contingent upon certain closing conditions), the Company will transfer 44,430 Series A Preferred Stock shares to LADP and will acquire all of the outstanding shares of LA Digital, which will become a wholly-owned subsidiary of the Company.

Item 9.01. Financial Statements and Exhibits.

Exhibit No. Description

99.1* Press Release Announcing Share Exchange

* Attached hereto.

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