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^*

DIEDRICK CLAUDE

(Last)

(First)

(Middle)

15 LIGNUM VITAE CLOSE

(Street)

MONTEGO BAY

00000

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Quadra Projects Inc. [ QPRJ ]

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO, CFO

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2010

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	11/17/2010		P		5,210,000	A	⁽¹⁾	5,210,453⁽²⁾	I	Mr. Diedrick is the beneficial owner of Omega Research Corp.
Preferred Stock	11/17/2010		P		708,222	A	⁽¹⁾	710,888⁽³⁾	I	Mr. Diedrick is the beneficial owner of Omega Research Corp.

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)

Explanation of Responses:

1. Effective November 17, 2010, the Issuer issued 11,666,666 shares of Common Stock and 708,222 shares of Preferred Stock to Magnum Group International Inc. ("Magnum") and its associates for services rendered and payments by Magnum made on behalf of the Issuer and its subsidiary Quadra Energy Systems Inc as of October 31, 2010. The total debt incurred totaled $ 763,740. Of the 11,666,666 shares of Common Stock issued, 5,210,000 shares were issued to Omega Research Corporation ("Omega"). The beneficiary owner of Omega is Claude Diedrick, our company President All 708,222 shares of Preferred Stock were issued to Omega.Mr. Diedrick holds the above noted Common and Preferred Stock indirectly through Omega.

2. Mr. Diedrick previously held 135,700 shares of Common Stock directly. The Issuer reverse split its authorized and outstanding stock effective October 14, 2010 which resulted in Mr. Diedrick's holdings to be decreased to 453 shares of Common Stock. Mr. Diedrick currently holds 5,210,000 shares of Common Stock indirectly through Omega and 453 shares of Common Stock directly.

3. Mr. Diedrick previously held 800,000 shares of Preferred Stock indirectly through Omega. The Issuer reverse split its authorized and outstanding stock effective October 14, 2010 which resulted in Mr. Diedrick's holdings through Omega to be decreased to 2,666 shares of Preferred Stock. Mr. Diedrick currently holds 710,888 shares of Preferred Stock indirectly through Omega.

	/s/ Claude Diedrick	11/19/2010
	** 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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