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 Date of report (Date of earliest event reported): March 23, 2005 SCIENTIFIC INDUSTRIES, INC. _________________________________________________ (Exact name of registrant as specified in its charter) Delaware 000-6658 04-2217279 ___________ ____________ __________________ (State or other (Commission (IRS Employer No.) jurisdiction of File Number) incorporation) 70 Orville Drive Bohemia, New York 11716 _____________________________________________ (Address of principal executive offices) (631) 567-4700 __________________________________________________ (Registrant's telephone number, including area code) Not Applicable __________________________________________________ (Former name or former address, if changed since last report) ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On March 22, 2005 the Company and Joseph G. Cremonese, a Director of the Company and his affiliate, Laboratory Innovation Company ("LIC") amended their agreement providing for independent consulting services of Mr. Cremonese and LIC with respect to the development and marketing of products of the Company. The amendment extended the expiration date from December 31, 2004 to December 31, 2006, reduced the minimum number of days of consulting services during a 12 month period the consultants are expected to provide from 80 to 72, and increased the rate per day for services rendered from $450 to $500. No other material changes were made. ITEM 9.01 Financial Statements and Exhibits (a) and (b) not applicable (c) Exhibits Exhibit No. Exhibit ___________ _______ 10A-1 Amended and Restated Consulting Agreement with Joseph G. Cremonese and Laboratory Innovation Company. SIGNATURE 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. SCIENTIFIC INDUSTRIES, INC. (Registrant) Date: March 23, 2005 By: /s/ Helena R. Santos Helena R. Santos, President and Chief Executive Officer