8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                      The Securities Exchange Act of 1934



                                  March 19, 2010
                                -----------------
                                (Date of Report)

                           ALANCO TECHNOLOGIES, INC.
                           -------------------------
             (Exact name of Registrant as specified in its charter)


                                    0-9437
                                   ---------
                             (Commission File No.)

                    ARIZONA                        86-0220694
         ---------------------------     ---------------------------------
        (State of other jurisdiction(    (IRS Employer Identification No.)



             15575 N 83RD WAY, SUITE 3, SCOTTSDALE, ARIZONA  85260
             -------------------------------------------------------
            (Address of Principal Executive Office)       (Zip Code)


                                 (480) 607-1010
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

(  ) Written communication pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

(  ) Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

(  ) Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

(  ) Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))



Item 3.01  Alanco Appeal of Failure to Satisfy a Continued Listing Rule
           or Standard.

On March 16, 2010, the Company received a Nasdaq Staff Determination letter
indicating that the Company fails to comply with the minimum $1.00 bid price
requirement for continued listing as set forth in Nasdaq Listing Rule 5550(a)(2)
(the "Rule") and that its securities are, therefore, subject to delisting from
the Nasdaq Capital Market at the opening of business on March 25, 2010.

Pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series,
the Company has elected to appeal the Nasdaq Staff's determination to the
Nasdaq Hearings Panel (the "Panel").  Although there can be no assurance that
the Panel will grant the Company's request for continued listing, the request
for the hearing will stay the delisting of the Company's stock from the Nasdaq
Capital Market pending the Panel's decision.

A copy of the press release is attached.

Item 8.01  Other Events

In a separate event, the Company received a Letter of Reprimand dated March 17,
2010 for violation of Nasdaq's voting rights rule (previously discussed
in a press release dated February 3, 2010) and policy set forth in Listing Rule
5640 and IM-5640 (collectively, the "Rules") as it pertains to voting rights
of Series E Convertible Preferred Stock shareholders.  Since the Company acted
in a prompt and efficient manner to cure the deficiency after it received
notification, Nasdaq's action was limited to a Letter of Reprimand.  The
potential maximum effect of over voting amounted to less than 1% of eligible
votes and did not change the outcome of any proposal considered in the meeting.

Item 9.01

     Exhibit 99.1   March 19, 2010 press release entitled "Alanco Receives
                    NASDAQ Listing Notification And Initiates Formal Appeal
                    Process."


                                   SIGNATURES

Date: March 19, 2010               By:  /s/John A Carlson
                                        -----------------------
                                        Chief Financial Officer

EX-99

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

CONTACTS:   Investor Relations
            John Carlson
            Exec VP & CFO
            480-505-4869


                   Alanco Receives NASDAQ Listing Notification
                       And Initiates Formal Appeal Process


(Scottsdale, AZ - March 19, 2010) - Alanco Technologies, Inc., (NASDAQ: ALAN),
announced today that it received a Staff Determination letter from NASDAQ on
March 16, 2010, indicating that the Company does not comply with the minimum bid
price requirements for continued listing as set forth in NASDAQ Listing Rule
5550(a)(2) (the "Rule"), and that its securities may be subject to delisting
from the NASDAQ Capital Market. The Company has appealed the Staff determination
and requested a hearing before the NASDAQ Hearings Panel (the "Panel"). Under
NASDAQ Listing Rules, a request for a hearing stays the delisting action pending
the issuance of a written determination by the Panel. Although, there can be
no assurance that the Panel will grant the Company's request for continued
listing, the Company's common stock will remain listed on the NASDAQ Capital
Market pending the Panel's decision.

Alanco Chairman and Chief Executive Officer, Robert R. Kauffman, commented,
"The Company's management and Board are committed to maintaining our NASDAQ
listing, and we intend to present a compelling case for grant of an additional
extension of up to 180 days to regain minimum bid price compliance. Also, if
absolutely necessary, we have stand-by shareholder authority to effect a reverse
split as a final alternative to achieve the NASDAQ minimum $1.00 bid price
listing requirement."

Alanco Technologies, Inc. provides wireless monitoring and asset management
solutions through its StarTrak Systems subsidiary. StarTrak Systems is the
dominant provider of tracking, monitoring and control services to the
refrigerated or "Reefer" segment of the transportation marketplace, enabling
customers to increase efficiency and reduce costs of the refrigerated supply
chain. For more information, visit the Alanco website at www.alanco.com or
StarTrak Systems at www.startrak.com.

EXCEPT FOR HISTORICAL INFORMATION, THE STATEMENTS CONTAINED IN THIS PRESS
RELEASE ARE FORWARD-LOOKING STATEMENTS MADE PURSUANT TO THE SAFE HARBOR
PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL SUCH
FORWARD-LOOKING STATEMENTS ARE SUBJECT TO, AND ARE QUALIFIED BY, RISKS AND
UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
EXPRESSED OR IMPLIED BY THOSE STATEMENTS. THESE RISKS AND UNCERTAINTIES INCLUDE,
BUT ARE NOT LIMITED TO, REDUCED DEMAND FOR INFORMATION TECHNOLOGY EQUIPMENT;
COMPETITIVE PRICING AND DIFFICULTY MANAGING PRODUCT COSTS; DEVELOPMENT
OF NEW TECHNOLOGIES THAT MAKE THE COMPANY'S PRODUCTS OBSOLETE; RAPID INDUSTRY
CHANGES; FAILURE OF AN ACQUIRED BUSINESS TO FURTHER THE COMPANY'S STRATEGIES;
THE ABILITY TO MAINTAIN SATISFACTORY RELATIONSHIPS WITH LENDERS AND REMAIN IN
COMPLIANCE WITH FINANCIAL LOAN COVENANTS AND OTHER REQUIREMENTS UNDER CURRENT
BANKING AGREEMENTS; AND THE ABILITY TO SECURE AND MAINTAIN KEY CONTRACTS AND
RELATIONSHIPS.

                                     # # #