8-K 1 k8122905.txt CURRENT REPORT ON FORM 8-K 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 29, 2005 DATARAM CORPORATION __________________________________________________________________________ (Exact name of registrant as specified in charter) New Jersey 1-8266 22-1831409 __________________________________________________________________________ (State or other juris- (Commission (IRS Employer diction of incorporation) File Number) Identification No.) Route 571, P.O. Box 7528, Princeton, NJ 08543-7528 __________________________________________________________________________ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (609) 799-0071 __________________________________________________________________________ (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 (17 CFR 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)) Item 8.01 Other Events. On September 29, 1980, the Company had purchased approximately 81 acres of undeveloped property in West Windsor Township, New Jersey. The purchase price of $875,000 had been paid in cash. As previously announced, the Company entered into a contract to sell this property for $3,000,000. Also as previously announced, on September 29, 2005, the Company entered into an amendment to this contract pursuant to which the time to close was extended certain deposits were made non-refundable and the purchase price was increased. On December 29, 2005, this sale closed. The purchase price was $3,075,000 of which half, or $1,537,500, was paid in the form of a one-year mortgage which accrues interest at 5% per annum. Of the remainder $250,000 had been previously paid as deposits and $1,287,500 was received at closing in cash. SIGNATURE 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. DATARAM CORPORATION By: MARK MADDOCKS Date: January 4, 2006 _____________________________________ Mark Maddocks, Vice President-Finance and Chief Financial Officer