Louis
A. Brilleman, P.C.
110 Wall
Street, 11th
Floor
New York,
NY 10005-3817
Phone:
212-709-8210
Fax:
212-943-2300
June 10,
2009
VIA
ELECTRONIC TRANSMISSION
Securities
and Exchange Commission
100 F
Street, N.E.
Washington,
DC 20549
Re: Coda Octopus Group,
Inc.
Ladies
and Gentlemen:
We refer
to post-effective amendment No. 2 to registration statement on Form S-1 (the
“Registration Statement”) under the Securities Act of 1933, as amended (the
“Act”), filed by Coda Octopus Group, Inc., a Delaware corporation (the
“Company”), with the Securities and Exchange Commission.
We have
examined the originals, photocopies, certified copies or other evidence of such
records of the Company, certificates of officers of the Company and public
officials, and other documents as we have deemed relevant and necessary as a
basis for the opinion hereinafter expressed. In such examination, we have
assumed the genuineness of all signatures, the authenticity of all documents
submitted to us as certified copies or photocopies and the authenticity of the
originals of such latter documents.
Based on
our examination mentioned above, we are of the opinion that the securities being
sold pursuant to the Registration Statement, consisting of (i) 9,390,500
outstanding shares of common stock (the “Outstanding Shares”), and (ii)
16,693,999 shares of common stock issuable upon exercise of warrants (the “
Warrant Shares”), are duly authorized and (a) with respect to the Outstanding
Shares, legally and validly issued, fully paid and non-assessable, and (b) with
respect to the Warrant Shares, will be, when issued in the manner described in
the Registration Statement, legally and validly issued, fully paid and
non-assessable.
We hereby
consent to the filing of this opinion as Exhibit 5.1 to the Registration
Statement and to the reference to our firm under “Legal Matters” in the related
Prospectus. In giving the foregoing consent, we do not hereby admit that we are
in the category of persons whose consent is required under Section 7 of the
Act, or the rules and regulations of the Securities and Exchange
Commission.
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Very
truly yours,
/s/
Louis A. Brilleman
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