SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~April~~May 1015, 2009 (~~April~~May 815, 2009)

Tri-S Security Corporation

(Exact name of registrant as specified in its charter)

Georgia	0-51148	30-0016962
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
(State or other	(Commission File Number)	(IRS Employer
jurisdiction of		Identification
incorporation)		No.)

Royal Center One, 11675 Great Oaks Way, Suite 120, Alpharetta, Georgia		30022
(Address of principal executive offices)		(Zip Code)

Royal Centre One, 11675 Great Oaks Way, Suite 120, Alpharetta, GA 30022

(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (678) 808-1540

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):

¨	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 2.02

Results of Operations and Financial Condition.

~~See the~~The ~~disclosure~~information ~~set~~in ~~forth~~this inCurrent ~~Item~~Report is being furnished and shall not be deemed “filed” for the purposes of Section ~~4.02~~18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. The information in this Current Report ~~which~~shall isnot be incorporated by reference into ~~this~~any ~~Item 2.02~~registration bystatement ~~this~~or ~~reference~~document pursuant to the Securities Act of 1933, as amended.

~~Item~~On ~~4.02~~May 15, ~~Non~~2009, Tri-~~Reliance~~S onSecurity ~~Previously~~Corporation ~~Issued~~(“Tri-S ~~Financial~~Security”) ~~Statements~~issued or a ~~Related~~press ~~Audit~~release ~~Report~~announcing orits ~~Completed~~results ~~Interim~~for ~~Review~~the first quarter of 2009. A copy of that press release is furnished as Exhibit 99.1 to this Current Report.

OnExhibit ~~April 8,~~99.1 ~~2009,~~to ~~the~~this ~~audit~~Current ~~committee~~Report ~~(the~~contains ~~“Audit Committee”) of~~ Tri-S Security’s ~~Corporation~~calculations ~~(the~~regarding ~~“Company”) determined~~EBITDA, ~~upon advice~~as ofadjusted ~~management,~~(calculated ~~that~~as ~~the~~earnings ~~Company’s~~before ~~consolidated~~interest, ~~financial~~taxes, ~~statements~~depreciation, ~~and~~amortization, ~~related~~loss ~~disclosures~~from ~~included~~discontinued inoperations, ~~the~~non-cash ~~Company’s~~stock-based ~~Quarterly~~compensation, ~~Reports on Form 10~~start-Qup ~~for~~costs ~~the~~on ~~quarters~~new ~~ended March 31~~contracts, ~~June 30,~~ and ~~September 30,~~certain ~~2008~~other ~~(collectively, the “Previously Issued Financial Statements”~~income/expense), ~~should~~which beis ~~restated~~a ~~because~~“non-GAAP ~~they~~financial ~~contain~~measure” ~~errors~~ as ~~addressed~~defined in ~~Financial~~Item 10 ~~Accounting Standards Board Statement~~ of ~~Financial~~Regulation ~~Accounting Standards No~~S-K. ~~154,~~ ~~Accounting Changes~~Exhibit ~~and Error Corrections~~99.1 ~~Accordingly,~~also ~~the~~contains ~~Previously~~a ~~Issued~~quantitative ~~Financial~~reconciliation ~~Statements~~of ~~and the earnings releases issued by the Company for the quarters ended March 31~~EBITDA, ~~June 30,~~ ~~and~~as ~~September 30~~adjusted, ~~2008,~~to ~~and~~net ~~for the quarter and year ended December 31~~loss, ~~2008 (collectively,~~ the ~~“Earnings~~measure ~~Releases”),~~which ~~should~~Tri-S ~~not~~Security believes beis ~~relied upon. The Company intends to restate~~ the ~~Previously~~most ~~Issued~~directly ~~Financial~~comparable ~~Statements~~financial tomeasure ~~correct~~calculated ~~these~~in ~~errors~~accordance bywith ~~amending~~generally ~~its~~accepted ~~Quarterly~~accounting ~~Reports~~principles ~~for the quarters ended March 31, June 30, and September 30, 2008. The Audit Committee has discussed the matters disclosed~~ in ~~this Item 4.02 with~~ the ~~Company’s~~United ~~independent registered accounting firm~~States.

~~The~~Tri-S ~~errors~~Security’s inmanagement ~~the~~believes ~~Previously~~that ~~Issued~~EBITDA, ~~Financial~~as ~~Statements~~adjusted, ~~relate~~is useful to ~~an incorrect payroll accrual for~~ the ~~quarters~~investment ~~ended~~community ~~March 31, June 30, and~~because ~~September 30,~~it ~~2008.~~reflects As a ~~result~~convention ofor ~~this~~standard ~~incorrect~~measure ~~accrual~~of liquidity, ~~payroll~~profitability ~~expense~~ and ~~net~~performance ~~loss~~commonly ~~were understated, and gross profit was overstated,~~ used in the ~~Previously~~security ~~Issued~~services ~~Financial~~industry ~~Statements~~for ~~and~~comparability ~~Earnings Releases~~purposes. ~~The~~In ~~following~~addition, ~~tables present~~ the ~~impact~~ management of ~~the~~Tri-S ~~errors~~Security onuses ~~previously~~EBITDA, ~~reported~~as ~~amounts~~adjusted, ~~and~~as ~~the~~a ~~corrected~~measurement ~~amounts~~of ~~for~~ the ~~quarters~~operating ~~ended~~performance ~~March 31, June 30,~~of ~~and September 30, 2008, and for~~ the ~~quarter and year ended December 31, 2008~~business.

~~Tri-S~~Item ~~Security~~9.01 ~~Corporation~~Financial Statements and ~~Subsidiaries~~ Exhibits.

(a) Financial Statements of ~~Operations~~Business Acquired. None.

~~Unaudited~~(b) Pro Forma Financial Information. None.

(~~In thousands, except per share data~~c) Exhibits.

	Note	QuarterEndedMarch 31, 2008As PreviouslyReported			Adjustment			QuarterEndedMarch 31, 2008As Corrected			QuarterEndedJune 30, 2008As PreviouslyReported			Adjustment			QuarterEndedJune 30, 2008As Corrected
Revenues		$	26,465		$			$	26,465		$	38,346		$			$	38,346
Cost of revenues:			24,241			313			24,554			35,101			328			35,429
Gross profit			2,224			(313	)		1,911			3,245			(328	)		2,917
Selling, general and administrative	1		3,129			1			3,130			3,305			1			3,306
Operating loss			(905	)		(314	)		(1,219	)		(60	)		(329	)		(389	)
Other expense			(863	)					(863	)		(1,481	)					(1,481	)
Loss before income taxes			(1,768	)		(314	)		(2,082	)		(1,541	)		(329	)		(1,870	)
Income tax expense (benefit)			47						47			(55	)					(55	)
Net loss		$	(1,815	)	$	(314	)	$	(2,129	)	$	(1,486	)	$	(329	)	$	(1,815	)
Basic and diluted net income (loss) per common share		$	(0.43	)				$	(0.51	)	$	(0.35	)				$	(0.43	)
Basic and diluted weighted average number of common shares			4,203						4,203			4,203						4,203

99.1

Press release dated May 15, 2009.

Note:

1- Includes amortization of intangible assets.

Tri-S Security Corporation and Subsidiaries

Statements of Operations

Unaudited

(In thousands, except per share data)

	Note	QuarterEndedSept. 30, 2008As PreviouslyReported			Adjustment			QuarterEndedSept. 30, 2008As Corrected			QuarterEndedDec. 31, 2008As PreviouslyReported			Adjustment			QuarterEndedDec. 31, 2008As Corrected
Revenues		$	40,697		$			$	40,697		$	35,824		$			$	35,824
Cost of revenues:			37,167			290			37,457			33,642			795			34,437
Gross profit			3,530			(290	)		3,240			2,182			(795	)		1,387
Selling, general and administrative	2		8,033			1			8,034			6,002			1			6,003
Operating loss			(4,503	)		(291	)		(4,794	)		(3,820	)		(796	)		(4,616	)
Other expense			(1,307	)					(1,307	)		(1,266	)					(1,266	)
Loss before income taxes			(5,810	)		(291	)		(6,101	)		(5,086	)		(796	)		(5,882	)
Income tax benefit			(24	)					(24	)		(55	)					(55	)
Net loss		$	(5,786	)	$	(291	)	$	(6,077	)	$	(5,031	)	$	(796	)	$	(5,827	)
Basic and diluted net income (loss) per common share		$	(1.38	)				$	(1.45	)	$	(1.20	)				$	(1.39	)
Basic and diluted weighted average number of common shares			4,203						4,203			4,203						4,203

Note:

2- Includes Goodwill Impairment and amortization of intangible assets.

Tri-S Security Corporation and Subsidiaries

Statements of Operations

Unaudited

(In thousands, except per share data)

	Note	Twelve MonthsEndedDec. 31, 2008As PreviouslyReported			Adjustment			Twelve MonthsEndedDec. 31, 2008As Corrected
Revenues		$	141,332		$			$	141,332
Cost of revenues:			130,151			1,726			131,877
Gross profit			11,181			(1,726	)		9,455
Selling, general and administrative	1		20,469			4			20,473
Operating loss			(9,288	)		(1,730	)		(11,018	)
Other expense			(4,917	)					(4,917	)
Loss before income taxes			(14,205	)		(1,730	)		(15,935	)
Income tax benefit			(87	)					(87	)
Net loss		$	(14,118	)	$	(1,730	)	$	(15,848	)
Basic and diluted net income (loss) per common share		$	(3.36	)				$	(3.77	)
Basic and diluted weighted average number of common shares			4,203						4,203

Note:

1- Includes Goodwill Impairment and amortization of intangible assets.

SIGNATURE

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 thereunto duly authorized.


TRI-S SECURITY CORPORATION

By:		/s/ Nicolas V. Chater
		Nicolas V. Chater, Chief Financial Officer

Dated: ~~April~~May 1015, 2009

EXHIBIT INDEX



99.1		Press release dated May 15, 2009.

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