SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 5, 2006
SCIENTIFIC INDUSTRIES, INC.
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(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
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(Address of principal executive offices)
(631) 567-4700
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Registrant's telephone number, including area code
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 2.01 Completion of Acquisition or Disposition of Assets
This amendment to the Company's Report on Form 8-K filed on
December 5, 2006 is being filed to provide the financial
statements required in connection with the Company's acquisition
on November 30, 2006 of the outstanding capital stock of Altamira
Instruments Inc. See Item 9.01.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business Acquired
Attached as Exhibit 99.1:
(i) The Financial Statements of Altamira Instruments, Inc. as of
September 30, 2006 (unaudited), and December 31, 2005, for the nine
months ended September 30, 2006 and September 30, 2005 (unaudited)
and the year ended December 31, 2005, and report of McCrory &
McDowell LLC, independent registered public accountants.
(ii) The notes to the foregoing Financial Statements of Altamira
Instruments, Inc.
(b) Pro Forma Financial Information
The unaudited Pro Forma Condensed Combined Financial Statements
for the Fiscal Year Ended June 30, 2006 and for the three months
ended September 30, 2006 are attached as Exhibit 99.2 hereto.
(c) Exhibits
Exhibit No. Exhibit
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2.1 Copy of Stock Purchase Agreement dated as of
November 30, 2006 (1) *.
10(a) Copy of Escrow Agreement relating to above Stock Purchase
Agreement (1).
10(b) Copy of Registration Rights Agreement relating to above
Stock Purchase Agreement (1).
10(c) Copy of Employment Agreement between Altamira Instruments
Inc., and Brookman P. March (1).
99 Financial Statements
99.1 The Financial Statements of Altamira Instruments, Inc. as of
September 30, 2006 (unaudited), and December 31, 2005 and
for the nine months ended September 30, 2006 and September 30, 2005
(unaudited) and the year ended December 31, 2005, and report of
McCrory & McDowell LLC, independent registered public accountants.
99.2 The unaudited Pro Forma Condensed Combined Financial Statements
for the Fiscal Year Ended June 30, 2006 and for the three months
ended September 30, 2006.
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(1) Previously filed with this Current Report on Form 8-K, dated
December 5, 2006.
*Disclosure Schedules to this Exhibit have been omitted pursuant to
Item 601(b)(2) of Regulation S-K. The Company agrees to furnish
supplemental copies of any of the omitted Disclosure Schedules to
the SEC upon request.
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 26, 2007
By: /s/ Helena R. Santos
Helena R. Santos
President and Chief Executive
Officer