UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, DCD.C. 20549

FORM 8-K

________________________________

CURRENT REPORT

Pursuant to Section 13 orOR 15(d) of ~~the~~

~~Securities~~The Securities Exchange Act of 1934

Date of Report: ~~July~~(Date 13of earliest event reported) April 30, ~~2006~~2007

SEQUIAM CORPORATION (~~Date~~ Exact name of ~~earliest~~ ~~event~~registrant ~~reported~~as specified in its charter)

________________________________


California 333-45678 33-0875030
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

SEQUIAM CORPORATION

300 Sunport Lane, Orlando, Florida	32809
(Address of principal executive offices)	(Zip Code)

~~(Exact~~Registrant’s ~~Name~~telephone ofnumber, ~~Registrant~~including asarea ~~Specified~~code: ~~in Charter~~(407) 541-0773

~~________________________________~~____________________________________________________________________________________________________________ (Former name or former address, if changed since last report.)

California	333-45678	33-0875030
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

300 Sunport Lane

Orlando, Florida 32809

(Address of Principal Executive Offices)

(407) 541-0773

(Registrant's telephone number, including area code)

(Former Name or Former Address, if Changed Since Last Report)

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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

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

SECTION 81 - ~~OTHER~~REGISTRANT’S ~~EVENTS~~BUSINESS AND OPERATIONS

Item 81.01. ~~Other Events.~~ Entry into a Material Definitive Agreement

On ~~July~~April 1330, ~~2006~~2007, Sequiam Corporation ~~(the~~and ~~“Company”) reached~~Biometrics ~~an agreement with Chapman Spira & Carson~~Investors, LLC ~~(“Chapman”) to settle~~entered ~~the~~into ~~complaint filed by Chapman on or about September 28, 2005 in United~~an ~~States~~extension ~~District~~agreement ~~Court~~that extended for ~~the~~an ~~Southern~~additional ~~District~~180 ofdays ~~New~~the ~~York~~45 ~~in which Chapman~~day IP ~~asserted~~Diligence ~~claims~~Issue ~~for~~time ~~breach~~period ofset ~~contract~~forth ~~and~~in ~~unjust~~Section ~~enrichment~~ 4(~~the “Dispute”~~b)~~. The agreement~~(i) ~~to settle the Dispute requires the Company to deliver a cash payment to Chapman~~ of ~~$200,000. In exchange for the settlement payment, both parties stipulate and agree~~ that ~~all~~certain ~~claims and counterclaims in the Dispute are~~Loan ~~discontinued~~Agreement dated as toof ~~all~~March ~~parties~~30, ~~with prejudice~~2007.

Neither party admits any liability or wrongdoing and the settlement does not construe any admission of liability or wrongdoing.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro Forma Financial Information.

Not applicable.

(c)	Shell company transactions.

Not applicable.

(d) Exhibits.

99.1 ~~Settlement~~Extension Agreement between Sequiam Corporation and ~~Chapman Spira & Carson~~Biometrics Investors, LLC.

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.

SEQUIAM CORPORATION

	SEQUIAM CORPORATION


Date: May 11, 2007
	By: /s/ Mark L. Mroczkowski
	Mark L. Mroczkowski
	Executive Vice President and Chief Financial Officer

Date: July 14, 2006 By: /s/ Mark L. Mroczkowski

Name: Mark L. Mroczkowski

Title: Senior Vice President and Chief Financial Officer

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