~~UNITED~~United ~~STATES~~States Securities and Exchange Commission

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~FORM~~Form 8-K

~~CURRENT~~Current ~~REPORT~~Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of of Report (Date of earliest event reported): April ~~September 28~~23, ~~2007~~2008

XEDAR CORPORATION

(Exact name of registrant as specified in its charter)

Colorado 000-08356 84-0684753

Colorado		000-08356		84-0684753
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

8310 South Valley Highway, Suite 220

Englewood, CO 80112

(Address, including zip code, of principal executive offices)

Registrant's telephone number, including area code: (303) 377-0033

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 (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry Into Material Definitive ~~Agreement~~Agreements

OnAs ~~September~~previously 28reported, ~~2007~~on March 3, ~~Xedar Corporation~~2008, awe ~~Colorado~~borrowed ~~corporation~~$1,000,000 ~~increased~~from ~~its~~our ~~line~~CEO, ~~of credit with KeyBank~~Hugh ~~National~~H. ~~Association~~Williamson, ~~(“Lender”)~~III. We byused ~~replacing~~$478,000 ~~its revolving line~~ of ~~credit in~~ the ~~principal~~ ~~amount~~loan ~~of up~~ to ~~Five~~pay ~~Hundred~~down ~~Thousand~~our ~~Dollars and No Cents~~line ~~($500,000.00) (the “Line~~ of ~~Credit”)~~credit with aKeyBank ~~line~~National ofAssociation. The ~~credit~~remainder inof the ~~principal~~ ~~amount~~loan ofis upbeing toused ~~One~~for ~~Million~~working ~~Dollars~~capital ~~and No Cents~~ (~~$1,000,000) (~~the "~~Increased Line~~Williamson ~~of Credit~~Loan"). The ~~Increased Line of Credit is evidenced by a~~ ~~Business~~Williamson Loan ~~Agreement~~bears ~~and a Promissory Note bearing~~ interest at a variable rate, which is equal to the prime rate ofcharged ~~Lender~~by KeyBank, ~~with~~which ~~an initial interest~~ rate ~~equal to seven~~was ~~and~~6.0% ~~one~~as ~~half~~of ~~percent~~the ~~(7.5%)~~Williamson ~~per~~Loan ~~annum~~closing date. AsThe ~~security~~Williamson ~~for~~Loan ~~the Increased~~is ~~Line~~secured by substantially all of ~~Credit~~our assets, wealthough ~~have~~the ~~executed~~security ainterest ~~Commercial~~is ~~Security~~subordinate ~~Agreement in favor~~to ofthe ~~Lender,~~KeyBank ~~Hugh~~line Hof credit. On ~~Williamson~~April 24, ~~III~~2008, our ~~Chairman~~Board ~~and~~of ~~Chief~~Directors ~~Executive~~("Board") ~~Officer,~~determined ~~has~~that ~~entered~~additional ~~into~~working acapital ~~Commercial~~is ~~Guaranty~~necessary, ~~personally~~and ~~guarantying~~Mr. ~~full~~Williamson has ~~and punctual~~agreed ~~payment~~to ofloan ~~all~~us ofup ~~our~~to ~~obligations~~an ~~arising~~additional ~~under~~$1,000,000 on the ~~Increased~~same ~~Line~~terms and ~~of Credit,~~conditions ~~Humanade,~~pursuant ~~L.L.C.,~~to ~~our~~which ~~affiliate,~~the ~~has~~Williamson ~~entered~~Loan ~~into~~was ~~a Commercial Guaranty~~made, ~~guarantying~~ ~~full~~such ~~and~~that ~~punctual~~we ~~payment~~may ofnow borrow ~~all~~an ofamount ~~our~~not ~~obligations~~to ~~arising~~exceed $2,000,000 under the ~~Increased~~terms ~~Line~~ of ~~Credit,~~the ~~and~~Williamson Loan. The ~~the~~audit ~~Nancy~~committee T.of ~~Williamson~~our ~~1989~~board ~~Revocable Trust~~of directors, whose members ~~our~~are ~~affiliate~~independent, ~~has~~reviewed ~~entered~~the ~~into~~terms aof ~~Commercial~~the ~~Guaranty,~~proposed ~~guarantying~~increase ~~full~~in ~~and~~the Williamson ~~punctual~~Loan ~~payment~~prior ofto ~~all~~its ofconsummation ~~our~~and ~~obligations~~determined ~~arising~~that ~~under~~it ~~the~~is ~~Increased~~fair ~~Line~~to us, and as such does not constitute a conflict of ~~Credit~~ interest.

~~Prior to~~The ~~the entry into the Increased Line of Credit~~loan ~~described above,~~documents weare ~~and~~attached ~~Lender~~as ~~were~~exhibits ~~parties~~ to ~~the~~this ~~Line~~Current ofReport. The ~~Credit~~above description ~~and~~of ~~related~~the ~~agreements previously~~loan ~~disclosed~~is ~~and~~qualified ~~described~~ in ~~our~~its ~~Current~~entirety ~~Report~~by onthe ~~Form~~full ~~8-K,~~text ~~filed June 12,~~of ~~2007~~the exhibits.

On April 23, 2008, we entered into a 24 Month Consulting Agreement Extension/Amendment To Agreement (the "Consulting Agreement"), ratified by our Board, with Capital Group Communications, Inc., a California corporation ("Capital Group"), concerning the provision by Capital Group to us of certain investor communications and public relations services. As consideration for the Consulting Agreement we have agreed to issue to Capital Group 500,000 shares of our restricted common stock immediately following the date upon which our common stock is listed on the American Stock Exchange, so long as the listing occurs by July 31, 2008.

The Consulting Agreement is attached as an exhibit to this Current Report. The above description of the Consulting Agreement is qualified in its entirety by the full text of the exhibit.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

~~Incorporated by~~See ~~reference to the disclosure included in~~ Item 1.01 ~~above~~.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Number	Description
10.1	~~Business~~Secured ~~Loan~~Subordinated ~~Agreement~~Promissory Note, dated ~~September~~March 283, ~~2007~~2008, as amended April 24, 2008, $2,000,000.00 principal amount, by and between ~~Xedar~~Hugh ~~Corporation~~H. ~~and~~Williamson, ~~KeyBank~~III, ~~National~~and ~~Association~~Xedar Corporation
10.2	~~Promissory~~Pledge ~~Note~~and Security Agreement, dated ~~September~~March 283, ~~2007~~2008, by and between Xedar Corporation and ~~KeyBank~~Hugh ~~National~~H. ~~Association~~Williamson, III.
10.3	~~Commercial~~24 ~~Security~~Month Consulting Agreement Extension/Amendment To Agreement, dated ~~September~~April 2823, ~~2007~~2008, by and between ~~Xedar~~Capital ~~Corporation~~Group ~~and~~Communications, ~~KeyBank~~Inc., ~~National~~and ~~Association~~Xedar Corporation
10.4	Commercial Guaranty, by and among Hugh H. Williamson, III and KeyBank National Association, for the benefit of Xedar Corporation
10.5	Commercial Guaranty, by and among Humanade, L.L.C and KeyBank National Association, for the benefit of Xedar Corporation
10.6	Commercial Guaranty, by and among Nancy T. Williamson 1989 Revocable Trust and KeyBank National Association, for the benefit of Xedar Corporation

~~SIGNATURES~~Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, ~~the~~Xedar ~~Company~~ has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: January 23, 2008	Xedar Corporation
	Xedar Corporation
	By:	/s/ Hugh Williamson III
Dated: April 28, 2008	By:	/s/ Hugh Williamson III
		Hugh Williamson III Chairman, President and CEO

Exhibit Index

Number	Description
10.1	~~Business~~Secured ~~Loan~~Subordinated ~~Agreement~~Promissory Note, dated ~~September~~March 283, ~~2007~~2008, as amended April 24, 2008, $2,000,000.00 principal amount, by and between ~~Xedar~~Hugh ~~Corporation~~H. ~~and~~Williamson, ~~KeyBank~~III, ~~National~~and ~~Association~~Xedar Corporation
10.2	~~Promissory~~Pledge ~~Note~~and Security Agreement, dated ~~September~~March 283, ~~2007~~2008, by and between Xedar Corporation and ~~KeyBank~~Hugh ~~National~~H. ~~Association~~Williamson, III.
10.3	~~Commercial~~24 ~~Security~~Month Consulting Agreement Extension/Amendment To Agreement, dated ~~September~~April 2823, ~~2007~~2008, by and between ~~Xedar~~Capital ~~Corporation~~Group ~~and~~Communications, ~~KeyBank~~Inc., ~~National~~and ~~Association~~Xedar Corporation
10.4	Commercial Guaranty, by and among Hugh H. Williamson, III and KeyBank National Association, for the benefit of Xedar Corporation
10.5	Commercial Guaranty, by and among Humanade, L.L.C and KeyBank National Association, for the benefit of Xedar Corporation
10.6	Commercial Guaranty, by and among Nancy T. Williamson 1989 Revocable Trust and KeyBank National Association, for the benefit of Xedar Corporation

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