-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TxBNXVw4j8RYPf0XQkedeGHrQcgGnlEByP7qz0BRL95xhnR6+qSIJcuDdV0NH+2Y
 CWhhBtBdQlgPD+QTJ/bB7Q==

<SEC-DOCUMENT>0001230452-03-000003.txt : 20030922
<SEC-HEADER>0001230452-03-000003.hdr.sgml : 20030922
<ACCEPTANCE-DATETIME>20030922161858
ACCESSION NUMBER:		0001230452-03-000003
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030909
FILED AS OF DATE:		20030922

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SMITH MICHAEL JOHN
		CENTRAL INDEX KEY:			0001230452

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16283
		FILM NUMBER:		03904441

	BUSINESS ADDRESS:	
		STREET 1:		C/O FLOOR 21 MILLENNIUM TOWER
		STREET 2:		HANDELSKAI 94-96
		CITY:			VIENNA AUSTRIA A1200
		STATE:			C3
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		C/O FLOOR 21 MILLENNIUM TOWER
		STREET 2:		HANDELSKAI 94-96
		CITY:			VIENNA AUSTRIA A1200
		STATE:			C3
		ZIP:			00000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EQUIDYNE CORP
		CENTRAL INDEX KEY:			0000352281
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				042608713
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	BUSINESS ADDRESS:	
		STREET 1:		STE 1620 BURRARD ST
		STREET 2:		VANCOUVER BRITISH COLUMBIA
		CITY:			CANADA
		STATE:			A1
		ZIP:			V6C9A6
		BUSINESS PHONE:		6046835767

	MAIL ADDRESS:	
		STREET 1:		STE 1620 BURRARD ST
		STREET 2:		VANCOUVER BRITISH COLUMBIA
		CITY:			CANADA
		STATE:			A1
		ZIP:			V6C9A6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN ELECTROMEDICS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2003-09-09</periodOfReport>


    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000352281</issuerCik>
        <issuerName>EQUIDYNE CORP</issuerName>
        <issuerTradingSymbol>IJX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001230452</rptOwnerCik>
            <rptOwnerName>SMITH MICHAEL JOHN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O 1620 - 400 BURRARD STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>VANCOUVER</rptOwnerCity>
            <rptOwnerState>A1</rptOwnerState>
            <rptOwnerZipCode>V6C 3A6</rptOwnerZipCode>
            <rptOwnerStateDescription>BRITISH COLUMBIA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President, CEO and CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>

        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, Par Value $0.10 Per Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>

    </nonDerivativeTable>



    <ownerSignature>
        <signatureName>/s/ Michael John Smith</signatureName>
        <signatureDate>2003-09-22</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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