Duos Technologies Group, Inc. Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

NOTE 8 - NOTES PAYABLE - RELATED PARTIES

NOTE 8 - NOTES PAYABLE - RELATED PARTIES	6 Months Ended
Jun. 30, 2011
Notes to Financial Statements
NOTE 8 - NOTES PAYABLE - RELATED PARTY	NOTE 8 – NOTE PAYABLE – RELATED PARTY On May 28, 2011, the Company’s Chairman and Chief Executive Officer advanced the Company $25,000 in exchange for a promissory note, bearing an annual interest of 6% and a repayment term of seven months, in order to fund the working capital needs of the Company.

NOTE 8 - NOTES PAYABLE - RELATED PARTIES

6 Months Ended

Jun. 30, 2011

NOTE 8 – NOTE PAYABLE – RELATED PARTY

On May 28, 2011, the Company’s Chairman and Chief Executive Officer advanced the Company $25,000 in exchange for a promissory note, bearing an annual interest of 6% and a repayment term of seven months, in order to fund the working capital needs of the Company.