SECURITIES AND EXCHANGE COMMISSION

                                Washington, D.C.


                                    FORM 8-K

                                 CURRENT REPORT



                       Pursuant to section 13 or 15(d) of
                           the Securities Act of 1934

                                  May 21, 1996



                   INTERACTIVE TECHNOLOGIES CORPORATION, INC.

               (Exact name of registrant as specified in charter)


Wyoming                        0-19796                               98-0120805

(State or other     (Commission File Number)                    (IRS Employer
jurisdiction of                                              Identification No.)
incorporation)


                         104 South Harbor City Boulevard
                                     Suite A
                            Melbourne, Florida 32901


                    (Address of Principal Executive Offices)



                                  407-953-4811

               (Registrant's telephone number including area code)












Item 2.  Acquisition or Disposition of Assets

      On May 20, 1996, the Company closed an agreement for the acquisition
of television studios,  post production  facilities,  satellite links and remote
production equipment located in Princeton, N.J. The Company acquired a fully
operational  studio and post  production  facility  and C and Ku Band  Satellite
Links from Studiolink Corporation in exchange for $1.1 million dollars.
                  The acquisition  was made under a lease purchase  agreement in
the amount of  $1,100,000.00.  This  amount is payable  monthly  (with  payments
calculated as this principal with interest  amortized over the lease period at a
rate of 11%  interest  per  annum) on a lease  purchase  basis  over five  years
beginning May 20. 1996 to Studiolink  Corporation,  the seller of the equipment.
The Company has the option to purchase the  equipment at the end of the term for
a nominal sum. Studiolink Corporation. is unrelated to the Company.
                  The equipment was used previously to make available television
production,  post production and satellite uplink services on a limited basis to
consumers of such  services and to process  business of the private owner of the
Studiolink Corporation.
                  The  Company  expects  to  utilize  these  facilities  in  the
production  and  distribution  of its own  television  shows as well as to offer
these services to users  throughout the television and broadcast  industry.  The
Company  has  agreed  to take over the  existing  facility  at 13  Roszel  Road,
Princeton,  New Jersey  and expand it to 9,934  square  feet  under  lease.  The
Company  expects to begin  operating this as a new business  without  relying on
business processed by the previous owner of the equipment.


                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                              Interactive Technologies Corporation, Inc.


                              by:   /s/ perry douglas west
                              ----------------------------
                                    Perry Douglas West, Chief Executive Officer
Dated:  May 20, 1996