UNITED STATES SECURITIES AND ~~EXCHANGE COMMISSION Washington, D.C. 20549~~

~~FORM~~EXCHANGE ~~8-K~~COMMISSION

~~CURRENT~~Washington, ~~REPORT~~D.C. ~~Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934~~20549

~~Date~~FORM ~~of Report (Date of earliest event reported) February 23, 2005~~ 8-K

~~DATAWAVE~~CURRENT ~~SYSTEMS INC. (Exact name of registrant as specified in its charter)~~ REPORT

~~Delaware~~ Pursuant to Section 13 OR 15(~~State~~d) orof ~~other~~The ~~jurisdiction~~Securities Exchange Act of ~~incorporation)~~ 1934

~~0-26698~~ Date of Report (~~Commission~~Date ~~File~~of ~~Number~~earliest event reported) June 30th, 2005

~~Not~~DATAWAVE ~~Applicable (IRS~~SYSTEMS ~~Employer Identification No~~INC.)

~~Suite 110, 13575 Commerce Parkway, Richmond, British Columbia, Canada V6V 2L1~~ (~~Address~~Exact name of ~~principal executive~~registrant ~~offices~~as ~~and~~specified ~~Zip~~in ~~Code~~its charter)

~~(604) 295.1800 Registrant’s telephone number, including area code~~ Delaware

~~Not Applicable~~ (~~Former~~State ~~name~~ or ~~former~~other ~~address,~~jurisdiction ~~if changed~~of ~~since last report~~incorporation)

~~Check the appropriate box below if the Form 8~~0-~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~ 26698

~~[ ] Written communications pursuant to Rule 425 under the Securities Act~~ (17Commission ~~CFR~~File ~~230.425~~Number)

~~[ ] Soliciting material pursuant to Rule 14a~~98-~~12 under the Exchange Act (17 CFR 240.14a-12)~~ 0186455

~~[ ] Pre-commencement communications pursuant to Rule 14d-2~~(b)IRS ~~under~~Employer ~~the~~Identification ~~Exchange Act (17 CFR 240~~No.~~14d-2(b~~)~~) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))~~

~~Item~~Wayne ~~5.03~~Interchange ~~Amendments~~Plaza toOne, ~~Articles~~145 ofRoute ~~Incorporation~~46 orWest, ~~Bylaws;~~3rd ~~Change~~Floor, inWayne, ~~Fiscal~~NJ ~~Year.~~07470

~~DataWave Systems Inc.~~ (~~the “Company”)~~Address ~~was continued into the State~~ of ~~Delaware~~principal onexecutive ~~February~~offices ~~23, 2005~~ and ~~will~~ ~~discontinue~~Zip out of the Yukon Territory, Canada upon receipt of a Certificate of Discontinuance effective as of the same date. The continuance was disclosed in the Company’s proxy statement-prospectus dated December 29, 2004, furnished to the Company’s shareholders in connection with its annual and special meeting. The shareholders of the Company approved the continuance by a special resolution at the shareholders’ annual and special meeting held on January 31, 2005. Code)

2(604) 295.1800

~~The~~Registrant's ~~Certificate~~telephone ~~of Domestication~~number, ~~the Certificate~~including ofarea ~~Incorporation and the bylaws of the Company as a Delaware corporation, are attached to this current report on Form 8-K as exhibits 3.1, 3.2 and 3.3 respectively.~~ code

InNot ~~connection with the continuance, the Company altered its share capital from no par value shares to par value shares of $0.001 per share in order to minimize the tax implications of the continuance.~~ Applicable

~~Item~~(Former ~~9.01.~~name ~~Financial~~or ~~Statements~~former ~~and~~address, ~~Exhibits.~~if changed since last report)

~~3.1 State~~Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of ~~Delaware Certificate~~the registrant under any of ~~Domestication.~~the following provisions:

~~3.2 State~~o ofWritten ~~Delaware Certificate~~communications ofpursuant ~~Incorporation.~~to Rule 425 under the Securities Act (17 CFR 230.425)

~~3.3~~o ~~Bylaws~~ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~SIGNATURES~~o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

~~Pursuant~~o toPre-commencement ~~the~~communications ~~requirements~~pursuant ~~of the Securities Exchange Act of 1934, the Registrant has duly caused this report~~ to beRule ~~signed on~~13e-4(c) ~~its~~under ~~behalf by~~ the ~~undersigned~~Exchange ~~hereunto~~Act ~~duly~~(17 ~~authorized.~~CFR 240.13e-4(c))

~~DATAWAVE~~Item ~~SYSTEMS INC~~8.01. Other Events

~~By/s/~~On ~~John Gunn~~June ~~John~~30th, ~~Gunn~~2005 ~~General~~DataWave ~~Manager~~Systems Inc., ~~Chief Financial~~issued ~~OfficerDated:~~a ~~March~~news 1release, ~~2005~~a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

99.1	News Release issued by the Registrant on June 30^th, 2005

SIGNATURES

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

DATAWAVE SYSTEMS INC.

/s/ "John Gunn"

John Gunn

General Manager, Chief Financial Officer

Dated: June 30^th, 2005

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