SEC FORM 4

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

VEY DAVID R

(Last)

(First)

(Middle)

11822 JUSTICE AVE STE B 6

(Street)

BATON ROUGE

70816

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SEDONA CORP [ SDNA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/30/2004		P		4	A	$0.2	30,477,528	D
Common Stock	01/23/2006		P		705,361	A	$0.15	31,182,889	D
Common Stock	01/23/2006		P		1,356,800	A	$0.15	32,539,689	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Purchase Warrant	$1.25	11/02/2006		J			62,500	07/01/2001	07/01/2005	Common Stock	62,500	$1.25	12,411,155	D
Stock Purchase Warrant	$1.5	11/02/2006		J			62,500	07/01/2001	07/01/2005	Common Stock	62,500	$1.5	12,348,655	D
Stock Purchase Warrant	$1.25	11/02/2006		J			62,500	07/01/2001	07/01/2005	Common Stock	62,500	$1.25	12,286,155	I	As trustee for Vey Development Inc Money Purchase Pension Plan and Trust Inc.
Stock Purchase Warrant	$1.5	11/02/2006		J			62,500	07/01/2001	07/01/2005	Common Stock	62,500	$1.5	12,223,655	I	As trustee for Vey Development Inc Money Purchase Pension Plan and Trust Inc.
Stock Purchase Warrant	$1.25	11/02/2006		J			125,000	07/01/2001	07/01/2005	Common Stock	125,000	$1.25	12,098,655	I	Vey Development Inc.
Stock Purchase Warrant	$1.5	11/02/2006		J			125,000	07/01/2001	07/01/2005	Common Stock	125,000	$1.5	11,973,655	I	Vey Development Inc.
Stock Purchase Warrant	$0.75	11/02/2006		J			75,000	11/27/2001	11/27/2005	Common Stock	75,000	$0.75	11,898,655	D
Stock Purchase Warrant	$0.75	11/02/2006		J			50,000	01/14/2002	01/14/2006	Common Stock	50,000	$0.75	11,848,655	D
Stock Purchase Warrant	$0.75	11/02/2006		J			50,000	11/27/2001	11/27/2005	Common Stock	50,000	$0.75	11,798,655	I	As trustee for Vey Development Inc Money Purchase Pension Plan and Trust Inc.
Stock Purchase Warrant	$0.5	11/02/2006		J			100,000	02/19/2002	02/19/2006	Common Stock	100,000	$0.5	11,698,655	D
Stock Purchase Warrant	$0.625	11/02/2006		J			200,000	04/04/2002	04/04/2006	Common Stock	200,000	$0.625	11,498,655	D
Stock Purchase Warrant	$0.556	11/02/2006		J			224,820	06/07/2002	06/07/2006	Common Stock	224,820	$0.556	11,273,835	D
Stock Purchase Warrant	$0.556	11/02/2006		J			179,856	06/25/2002	06/25/2006	Common Stock	179,856	$0.556	11,093,979	D
Stock Purchase Warrant	$0.556	11/02/2006		J			44,964	07/15/2002	07/15/2006	Common Stock	44,964	$0.556	11,049,015	D
Stock Purchase Warrant	$0.3	11/02/2006		J			750,000	09/18/2002	09/18/2006	Common Stock	750,000	$0.3	10,299,015	D
Stock Purchase Warrant	$0.7	11/02/2006		J			106,383	01/31/2004	01/31/2006	Common Stock	106,383	$0.7	10,192,632	D
Convertible Debenture	$0.2	10/23/2006	11/02/2006	J			250,000	12/16/2003	11/06/2004	Common Stock	250,000	$0.2	9,942,632	D
Convertible Debenture	$0.2	10/23/2006	11/02/2006	J			384,615	12/16/2003	12/03/2004	Common Stock	384,615	$0.2	9,558,017	D
Convertible Debenture	$0.56	10/23/2006	11/02/2006	J			89,286	12/23/2003	12/18/2004	Common Stock	89,286	$0.56	9,468,731	D
Convertible Debenture	$0.3512	10/23/2006	11/02/2006	J			1,423,533	06/04/2004	06/03/2005	Common Stock	1,423,533	$0.3512	8,045,198	D
Convertible Debenture	$0.294	10/23/2006	11/02/2006	J			1,019,585	07/07/2004	07/07/2005	Common Stock	1,019,585	$0.294	7,025,613	D
Convertible Debenture	$0.225	10/23/2006	11/02/2006	J			865,572	09/15/2004	09/15/2005	Common Stock	865,572	$0.225	6,160,041	D
Convertible Debenture	$0.21	10/23/2006	11/02/2006	J			476,190	10/08/2004	10/08/2005	Common Stock	476,190	$0.21	5,683,851	D
Convertible Debenture	$0.2	10/23/2006	11/02/2006	J			1,000,000	11/18/2004	11/05/2005	Common Stock	1,000,000	$0.2	4,683,851	D

Explanation of Responses:

Remarks:

J- The stock purchase warrants previously issued, expired, unexercised. J- On November 2, 2006, the Company and David Vey entered into a consolidation and refinancing of certain convertible obligations. Nineteen previously issued convertible notes and debentures were exchanged as part of the refinancing transaction and a new convertible note was issued. The new note includes in the aggregate principal amount all accrued interest of the old notes.

	David R Vey	11/07/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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