UNITED
STATES


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):




December
16, 2008









BIGSTRING
      CORPORATION(Exact
      name of registrant as specified in charter)





Delaware
            000-51661
            20-0297832(State
      or other jurisdiction of
              incorporation)
            (Commission
              File
      Number)
            (IRS
      Employer
              Identification
      No.)





3 Harding Road, Suite E, Red
      Bank, New Jersey
            07701(Address
      of principal executive offices)
            (Zip
      Code)




Registrant’s
telephone number, including area code:  (732) 741-2840







(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 (see General Instruction A.2. below):





o         Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)





o         Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)





o         Pre-commencement
communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR
240.14d-2(b))





o         Pre-commencement
communications pursuant to Rule 13e-4 (c) under the Exchange  Act (17 CFR
240.13e-4 (c))








Section
1 – Registrant’s Business and Operations





Item
1.01.       Entry into a Material
Definitive Agreement.





As
previously reported by BigString Corporation (“BigString”) on Form 8-K, on
August 25, 2008, BigString closed on a financing with Dwight Lane Capital, LLC,
a limited liability company in which Todd M. Ross, a director of BigString, has
an interest, and Marc W. Dutton, a director of BigString.  In
connection with such financing, BigString issued non-negotiable convertible
promissory notes (the “Notes”) in the aggregate principal amount of
$250,000.  On December 17, 2008, BigString paid the Notes in-full,
including accrued interest thereon in the aggregate amount of $9,328, using a
portion of the proceeds BigString received under the New Jersey Economic
Development Authority (the “NJEDA”) Technology Business Tax Certificate Transfer
Program, discussed below.





Section
2 – Financial Information





Item 2.03.
      –
            Creation of a Direct
      Financial Obligation or an Obligation under an Off-Balance Sheet
      Arrangement of a Registrant.





As
provided under Item 1.01 above, on December 17, 2008, BigString paid the above
described Notes in-full, including accrued interest thereon in the aggregate
amount of $9,328, using a portion of the proceeds BigString received under the
NJEDA Technology Business Tax Certificate Transfer Program, discussed
below.





Section
8 – Other Events





Item
      8.01.
            Other
      Events.





On
December 16, 2008, BigString received net proceeds of $428,137 from a third
party related to the sale of $482,480 of BigString’s transferable tax benefits
for the State of New Jersey under the NJEDA Technology Business Tax Certificate
Transfer Program.  This program enables approved, unprofitable
technology and biotechnology companies based in the State of New Jersey to sell
their unused net operating loss carryovers and unused research and development
tax credits to unaffiliated, profitable corporate taxpayers in the State of New
Jersey for at least 75% of the value of the tax benefits.  As provided
above, BigString used a portion of these proceeds to pay off the principal and
accrued interest under the aforementioned Notes.  BigString intends to
use the remainder of the proceeds primarily for working capital
purposes.

















SIGNATURES





Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.




BIGSTRING
      CORPORATION(Registrant)By:
            /s/
      Darin M. MymanDarin
      M. MymanPresident
      and Chief Executive OfficerDate:  December
      22, 2008