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):  May 11, 2009
 
Aviation Surveillance Systems, Inc.
(Exact name of registrant as specified in its charter)
 
Nevada
333-145794
20-0164981
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

7437 S. Eastern Ave., #307, Las Vegas, Nevada
89123
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code:   (702) 885-3072

 
____________________________________________________
(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:

[ ]
Written communications pursuant to Rule 425 under the Securities Act (17CFR 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))



SECTION 5 – Corporate Governance and Management

Item 5.03     Amendments to Articles of Incorporation or Bylaws

Effective May 11, 2009, pursuant to the approval of our shareholders and board of directors, the company has changed its name to Aviation Surveillance Systems, Inc.  Also effective May 11, 2009, our shareholders and board of directors approved a forward split of the company’s common stock on the basis of 1.6 shares for each share issued and outstanding.  The total number of authorized shares has not been changed.

We filed a Certificate of Amendment with the Nevada Secretary of State to reflect the name change and a Certificate of Change to reflect the forward split.

A copy of the Certificate of Amendment is attached hereto as Exhibit 3.1 and is incorporated by reference herein.  A copy of the Certificate of Change is attached hereto as Exhibit 3.2 and is incorporated by reference herein.

Concurrently with our name change, we have suspended pursuit of our current plan of operations and have begun investigating new business opportunities.

In connection with the name change and forward split, as of the open of business on May 11, 2009, the Company has the following new CUSIP number and new trading symbol:

New CUSIP Number:  05368G 109
New Trading Symbol: ASUV

Item 9.01     Financial Statements and Exhibits

The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.


2


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.

Aviation Surveillance Systems, Inc.


/s/ Anusha Kumar
Anusha Kumar, President and CEO
Date: May 15, 2009
ROSS MILLER
Secretary of State
206 North Carson Street
Carson City, Nevada 89701-4299
(775) 684 5708
Website: secretaryofstate.biz

 
Certificate of Amendment
 
 (PURSUANT TO NRS 78.385 AND 78.390)
 
USE BLACK INK ONLY-DO NOT HIGHLIGHT
ABOVE SPACE IS FOR OFFICE USE ONLY
Certificate of Amendment to Articles of Incorporation
For Nevada Corporations
(Pursuant to NRS 78.385 and 78.390—After Issuance of Stock)
 
1.
Name of corporation:
  Fairytale Ventures, Inc.
   
2.
The articles have been amended as follows (provide article numbers, if available):
  Article I is amended to change the name of the corporation to "Aviation Surveiliance Systems, Inc."
   
3.
The vote by which the stockholders holding shares in the corporationentitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by the provisions of the articles of incorporation* have voted in favor of the amendment is:   
  71.56%
   
4.
Effective date of filing (optional):
   
5.
Signatures (required)
   
 
X /s/ Anusha Kumar
   
 
Signature
   
 
* If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless to limitations or restrictions on the voting power thereof.
ROSS MILLER
Secretary of State
206 North Carson Street
Carson City, Nevada 89701-4299
(775) 684 5708
Website: secretaryofstate.biz
 
 
Certificate of Change Pursuant
to NRS 78.209
   
USE BLACK INK ONLY – DO NOT HIGHLIGHT
ABOVE SPACE IS FOR OFFICE USE ONLY
   
Certificate of Change filed Pursuant to NRS 78.209
For Nevada Profit Corporations
 
 
1. Name of corporation:
Fairytale Ventures, Inc.
 
2. The board of directors have adopted a resolution pursuant to NRS 78.209 and have obtained any required approval of the stockholders.
 
3. The current number of authorized shares at the par value, if any, of each class or series, if any, of shares before the change:
90,000,000 shares of common stock, par value $0.001
 
4. The number of authorized shares and the par value, if any, of each class or series, if any, of shares after the change:
90,000,000 shares of common stock, par value $0.001
 
5. The number of shares of each affected class or series, if any, to be issued after the change in exchange for each issue share of the same class or series:
1.6 shares of common stock will be issued for every one share of common stock owned
 
6. The provisions, if any, for the issuance of fractional shares, or for the payment of money or the issuance of scrip to stockholders otherwise entitled to a fraction of a share and the percentage of outstanding shares affected thereby:
Fractional shares will be rounded up to the nearest whole share
 
7. Effective date of filing (optional):
5/1/09
 
8. Officer Signature: X /s/ Anusha Kumar
 
Important: Failure to include any of the above information and submit proper fees may cause this filing to be rejected.
This form must be accompanied by appropriate fees
Nevada Secretary of State AM Restated 2007
Revised on: 10/12/07
Important: Failure to include any of the above information and submit proper fees may cause this filing to be rejected.
This form must be accompanied by appropriate fees
Nevada Secretary of State AM Restated 2007
Revised on: 10/12/07