-----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, Es+G6zrXRqiesis5Cg+H+lGR1EXKc2CqLh/+6ZCSG2p5wUzMoRYtdp344G9hcv32 fQjYIpbnrQm6rh63YReKug== 0000849401-98-000018.txt : 19980901 0000849401-98-000018.hdr.sgml : 19980901 ACCESSION NUMBER: 0000849401-98-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980818 ITEM INFORMATION: FILED AS OF DATE: 19980831 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADM TRONICS UNLIMITED INC/DE CENTRAL INDEX KEY: 0000849401 STANDARD INDUSTRIAL CLASSIFICATION: ADHESIVES & SEALANTS [2891] IRS NUMBER: 221896032 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-17629 FILM NUMBER: 98701270 BUSINESS ADDRESS: STREET 1: 224 S PEGASUS AVE CITY: NORTHVALE STATE: NJ ZIP: 07647 BUSINESS PHONE: 2017676040 MAIL ADDRESS: STREET 1: 224 S PEGASUS AVE CITY: MORTHVALE STATE: NJ ZIP: 07647 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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) August 18, 1998 ADM Tronics Unlimited, Inc (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 0-17629 22-1896032 (Commission File Number) (IRS Employer Idfentification Number) 224-S Pegasus Avenue, Northvale, NJ 07647 (Address of principal executive offices, Zip Code) Registrant's telephone number, including area code 201-767-6040 1 Item 2. Acquisition or Disposition of Assets (a) On August 18, 1998 the Registrant purchased from Electropharmacology, Inc. ("EPI") certain assets which had been used by EPI in connection with its SofPulse electromagnetic stimulation device for use in treating pain and edema in post-operative soft tissue injuries (the "SofPulse Devices"). The response to Item 1 of the Registrant's Annual Report on Form 10-KSB for the fiscal year ended March 31, 1998 with respect to such transaction is hereby incorporated by reference. The assets purchased by the Registrant include trade names, logos and other trade designations; customers list and information relating to customers; EPI's contractural rights with customers and others pertaining to the SofPulse Devices; open orders from customers for the SofPulse Devices and work in process; financial marketing and business data, plans, techniques and literature; 345 Sofpulse Devices; inventory of parts and supplies and marketing materials. The Registrant also acquired a royalty-free freedom under EPI's patents, technology and know-how to exclusively manufacture and market, worldwide, the SofPulse Devices for the uses desribed above. The purchase price consisted of $150,000, 2,925,000 shares of the Registrant's Common Stock and a Warrant to acquire up to 1,500,000 additional such shares at $.426 per share. The Registrant has agreed to file a Registration Statement with respect to such shares under the Securities Act of 1933. The consideration was determined by negotiation between the Registrant and EPI. There was no material relationship between EPI and the Registrant or any of its affiliates, any director or officer of the Registrant, or any associate of any such director or officer. The cash portion of the purchase price was paid from the Registrant's corporate funds. (b) The assets purchased were used by EPI in connection with sales and leases of SofPulse Devices for use in treating pain and edema in post-operative soft tissue injuries. The Registrant intends to continue such use. 2 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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. ADM Tronics Unlimited, Inc. (Registrant) /s/ Dr. Alfonso DiMino President -----END PRIVACY-ENHANCED MESSAGE-----