FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Rhodes John D
  2. Issuer Name and Ticker or Trading Symbol
BEACON ENTERPRISE SOLUTIONS GROUP INC [BEAC.OB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
124 NORTH FIRST STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2008
(Street)

LOUISVILLE, KY 40202
4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common stock, par value $0.001 per share               300,000 D  
Series B convertible preferred stock, $1,000 stated value 07/14/2008 07/14/2008 P   400 A $ 400,000 400 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Bridge Warrants $ 1             12/20/2007 12/20/2012 Common stock, par value $0.001 per share 125,000   125,000 D  
Convertible Note $ 0.6             12/20/2007 06/30/2010 Common stock, par value $0.001 per share 166,667   166,667 D  
Bridge Warrants $ 1 02/15/2008 02/15/2008 A   2,000   02/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 127,000 D (1)  
Bridge Warrants $ 1 03/15/2008 03/15/2008 A   2,000   03/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 129,000 D (1)  
Bridge Warrants $ 1 04/15/2008 04/15/2008 A   2,000   04/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 131,000 D (1)  
Bridge Warrants $ 1 05/15/2008 05/15/2008 A   2,000   05/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 133,000 D (1)  
Bridge Warrants $ 1 06/15/2008 06/15/2008 A   2,000   06/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 135,000 D (1)  
Bridge Warrants $ 1 07/15/2008 07/15/2008 A   2,000   07/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 137,000 D (1)  
Bridge Warrants $ 1 08/15/2008 08/15/2008 A   2,000   08/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 139,000 D (1)  
Bridge Warrants $ 1 09/15/2008 09/15/2008 A   2,000   09/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 141,000 D (1)  
Bridge Warrants $ 1 10/15/2008 10/15/2008 A   2,000   10/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 143,000 D (1)  
Bridge Warrants $ 1 11/15/2008 11/15/2008 A   2,000   11/15/2008 06/30/2012 Common stock, par value $0.001 per share 2,000 $ 1 145,000 D (1)  
Bridge Warrants $ 1 11/20/2008 11/20/2008 A   28,000   11/20/2008 06/30/2012 Common stock, par value $0.001 per share 28,000 $ 1 173,000 D (1) (2)  
Equity financing arrangment warrants $ 1 06/15/2008 06/15/2008 A   33,333   06/15/2008 06/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 33,333 D (3)  
Equity financing arrangment warrants $ 1 07/15/2008 07/15/2008 A   33,333   07/15/2008 07/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 66,666 D (3)  
Equity financing arrangment warrants $ 1 08/15/2008 08/15/2008 A   33,333   08/15/2008 08/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 99,999 D (3)  
Equity financing arrangment warrants $ 1 08/19/2008 08/19/2008 A   100,000   08/19/2008 08/19/2013 Common stock, par value $0.001 per share 100,000 $ 1 199,999 D (4)  
Equity financing arrangment warrants $ 1 09/15/2008 09/15/2008 A   33,333   09/15/2008 09/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 233,332 D (3)  
Equity financing arrangment warrants $ 1 10/15/2008 10/15/2008 A   33,333   10/15/2008 10/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 266,665 D (3)  
Equity financing arrangment warrants $ 1 11/15/2008 11/15/2008 A   33,333   11/15/2008 11/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 299,998 D (3)  
Equity financing arrangment warrants $ 1 12/15/2008 12/15/2008 A   33,333   12/15/2008 12/15/2013 Common stock, par value $0.001 per share 33,333 $ 1 333,331 D (3)  
Investor Warrants $ 1.2 07/14/2008 07/14/2008 A   200,000   07/14/2008 07/14/2013 Common stock, par value $0.001 per share 200,000 $ 1.2 200,000 D  
Series B Convertible Preferred Stock $ 0.9 07/14/2008 07/14/2008 A/K   444,444   07/14/2008 07/14/2013 Common stock, par value $0.001 per share 444,444 $ 0.9 444,444 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Rhodes John D
124 NORTH FIRST STREET
LOUISVILLE, KY 40202
  X      

Signatures

 Robert Mohr as attorney-in-fact for John D. Rhodes III   12/30/2008
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The contingent bridge warrants are earned in conjunction with the callable convertible bridge notes as long as the holder does no call the note or upon conversion to common stock.
(2) Contingent bridge warrants were earned in their entirety when the bridge not holder agreed to forebear calling the note until on or after June 30, 2010.
(3) Equity financing arrangement warrants were earned in connection with an agreement to provide up to $500,000 of equity financing on a monthly basis as of the anniversary date of the commitment.
(4) Equity financing arrangement warrants were earned in connection with an arrangement to provide an additional $2,500,000 of equity financing.

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