FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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 *
  BROWN MICHAEL J
2. Date of Event Requiring Statement (Month/Day/Year)
03/11/2009
3. Issuer Name and Ticker or Trading Symbol
Nexxus Lighting, Inc. [NEXS]
(Last)
(First)
(Middle)
C/O EURONET WORLDWIDE, INC., 4601 COLLEGE BOULEVARD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LEAWOOD, KS 66211
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 269,058
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock 11/12/2012   (1) Common Stock (2) $ (2) D  
Common Stock Purchase Warrant 11/12/2009(3) 11/12/2011 Common Stock 112,500 $ 6.4 D  
Common Stock Purchase Warrant 12/07/2006(3) 12/07/2011 Common Stock 161,435 $ 2.23 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BROWN MICHAEL J
C/O EURONET WORLDWIDE, INC.
4601 COLLEGE BOULEVARD
LEAWOOD, KS 66211
  X      

Signatures

/s/ Michael J. Brown 03/23/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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 Series A Preferred Stock (the "Preferred Stock") has no expiration date.
(2) The Preferred Stock reported in this Form 3 consists of 150 shares, par value $0.001 per share. At any time commencing four years after November 12, 2008, at the option of the holder, the Preferred Stock is convertible into that number of shares of Nexxus Lighting, Inc.'s common stock ("Common Stock") equal to (A) the sum of the stated value, which is $5,000 per share, of the Preferred Stock plus all accumulated dividends on the Preferred Stock, divided by (B) the greater of (i) $6.59 (the market value of the Common Stock immediately preceding the entering into of the Preferred Stock and Warrant Purchase Agreement dated November 11, 2008 plus a value of $0.125 for each share of Common Stock purchasable with a Common Stock Purchase Warrant) and (ii) the market value of the Common Stock at 4:00 p.m. EST on the conversion date.
(3) The Common Stock Purchase Warrant contains a blocker provision under which a holder does not have the right to convert the Common Stock Purchase Warrant into Common Stock to the extent that such conversion would result in beneficial ownership by such holder of more than 4.99% of the issued and outstanding shares of Common Stock.

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