-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BjM6OOJ7m3LQZT92+uIXbND4X33vHPqueWwQ9epoUEHhlWVaPhXXcJz+0sZOv2yR qy3LNtVP9MbLupfX31aQlg== 0000741556-08-000035.txt : 20080820 0000741556-08-000035.hdr.sgml : 20080820 20080820142142 ACCESSION NUMBER: 0000741556-08-000035 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080820 ITEM INFORMATION: Other Events FILED AS OF DATE: 20080820 DATE AS OF CHANGE: 20080820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TECHNOLOGY RESEARCH CORP CENTRAL INDEX KEY: 0000741556 STANDARD INDUSTRIAL CLASSIFICATION: SWITCHGEAR & SWITCHBOARD APPARATUS [3613] IRS NUMBER: 592095002 STATE OF INCORPORATION: FL FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13763 FILM NUMBER: 081029764 BUSINESS ADDRESS: STREET 1: 5250 140TH AVE NORTH CITY: CLEARWATER STATE: FL ZIP: 33760 BUSINESS PHONE: 727-535-0572 MAIL ADDRESS: STREET 1: 5250 140TH AVENUE NORTH CITY: CLEARWATER STATE: FL ZIP: 33760 8-K 1 k8i801in.htm FORM 8-K, TECHNOLGOY RESEARCH CORPORATION k8i801in.htm
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 and Exchange Act of 1934


Date of Report (Date of earliest event reported):  August 20, 2008

TECHNOLOGY RESEARCH CORPORATION
(Exact name of registrant as specified in its charter)


Florida
  
0-13763
  
59-2095002
(State or other jurisdiction
  
(Commission File Number)
  
(IRS Employer
of incorporation)
  
Identification No.)
    

5250-140th Avenue North, Clearwater, Florida
33760
(Address of principal executive officers)
(Zip Code)


Registrant's telephone number, including area code: (727) 535-0572


 
 
 




Item 8.01    Other Events


On August 20, 2008, Technology Research Corporation (“TRC”) received the sum of $309,711 from one of its contract manufacturers in full and final settlement for the disposition of 310,000 kilograms of TRC’s FireShield® cable inventory and settlement of other purchase obligations.  As a result, TRC expects to recognize gain on the settlement of this inventory and purchase obligations during its second fiscal quarter ended September 30, 2008 of more than $500,000. TRC and the contract manufacturer also agreed to enter into negotiations in good faith to address the salvage value of approximately 70,000 kilograms of additional TRC FireShield® cable which has been manufactured into work in progress and finished goods.  While TRC expects to complete these negotiations by October 15, 2008, it cannot determine at this time the additional payments it may receive from the contract manufacturer.


 
 

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.


 
TECHNOLOGY RESEARCH CORPORATION
   
   
Date:  August 20, 2008
By:      /s/  Owen Farren                          
 
Name:  Owen Farren
 
Title:    President & Chief Executive Officer

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