8-K 1 scidyn8k03.txt SCIENCE DYNAMICS 8K SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): April 1, 2003 SCIENCE DYNAMICS CORPORATION (Exact name of registrant as specified in charter) Delaware 0-10690 22-2011859 (State or other (Commission (IRS Employer jurisdiction File Number) Identification No.) of incorporation) 2059 Springdale Road, Suite 100 Cherry Hill, New Jersey 08003 (Address of principal executive offices) Registrant's telephone number, including area code (856)424-0068 FORM 8-K ITEM 2. Acquisition or Disposition of Assets. On March 31, 2003, the Company through its newly formed majority owned subsidiary M3 Acquisition Corp., acquired certain business assets and assumed certain liabilities of Modern Mass Media, Inc. (MMM), a privately held company based in Florham Park, NJ. Modern Mass Media, Inc. is in the business of providing audio/video technology that includes consultation, custom engineering, facility design, audio/visual products, installation, testing, user training and repair service. A copy of such press release is attached to this Form 8-K as Exhibit 99.01 Financing was provided by our continous relationship with Laurus Master Fund Ltd. A Form 8-K/A will be filed in sixty days (60) which will contain audited financials and other financial information involved in this transaction. ITEM 7. Financial Statements and Exhibits. a. None b. None c. Exhibits Exhibit 99.01 Press Release Exhibit 99.02 Purchase agreement between M3 ACQUISITION CORP. ("M3" or "Buyer") A subsidiary of Science Dynamics Corporation ("SDC") and Modern Mass Media, Inc. ("MMM" or "Seller") Exhibit 99.03 Employment Agreement with Chip Del Coro -1- SIGNATURES 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. SCIENCE DYNAMICS CORPORATION BY: /s/ Alan C. Bashforth --------------------- CEO/President DATED: April 15, 2003 --------------