TURBODYNE TECHNOLGIES INC
8-K, 1999-09-30
MOTOR VEHICLE PARTS & ACCESSORIES
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                       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): September 23, 1999


                           TURBODYNE TECHNOLOGIES INC.
               (Exact Name of Registrant as Specified in Charter)


           Delaware                  0-21391              95-4699061
 (State or Other Jurisdiction      (Commission           (IRS Employer
       of Incorporation)          File Number)        Identification No.)


                         21700 Oxnard Street, Suite 1550
                            Woodland Hills, CA 91367
                    (Address of Principal Executive Offices)

                                 (818) 593-2282
                         (Registrant's Telephone Number)



<PAGE>
ITEM 5.  OTHER EVENTS

     Reference is made to  Registrant's  press  release  issued on September 23,
1999,  which contains  information  meeting the requirements of this Item 5, and
which is incorporated  herein by this reference.  A copy of the press release is
attached to this Form 8-K as Exhibit 99.1.


<PAGE>
                                   SIGNATURES


     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.


September 24, 1999                                 TURBODYNE TECHNOLOGIES INC.


                                                /S/ LEON NOWEK
                                                --------------------------------
                                           By:  Leon Nowek
                                                Director









<PAGE>
                                         EXHIBIT INDEX

EXHIBITS                                                             PAGE NUMBER
- --------                                                             -----------
99.1           Press Release dated September 23, 1999.

                                                                    EXHIBIT 99.1
Company Announcement: Turbodyne Responds to SEC Request


Woodland  Hills,  CA  --  September  23,  1999  -  Turbodyne  Technologies  Inc.
(EASDAQ:TRBD)  today  announced that the  Securities and Exchange  Commission is
conducting  an inquiry  into the  Company.  The SEC  indicated  that its inquiry
should not be construed as an indication by the Commission or its staff that any
violations  of law have  occurred,  nor  should it be  construed  as an  adverse
reflection on the merits of the Company's securities or on any person or entity.
The Company has  cooperated  fully with the SEC and intends to continue to fully
cooperate with any additional requests of the SEC.

Turbodyne Systems,  the Engine and Pollution  Technology  Division of Turbodyne,
designs, develops,  manufactures and markets patented pollution-reduction,  fuel
economy and performance  enhancing  products for internal  combustion engines in
the  automotive,  transportation,  construction,  marine,  agriculture,  mining,
military and power generation industries. Turbodyne's Light Metals Division is a
manufacturer  of  machined   aluminum  castings  and  leading  supplier  to  the
automotive industry.

Offices  and/or  plants are located in  Carpinteria,  La Mirada,  Encinitas  and
Woodland Hills, CA; New York;  Ensenada and Mexico City,  Mexico;  Paris France;
London, England; and Frankfurt, Germany.


CONTACT:

Corporate Communications - Peter Weichselbraun, 800/566-1130
Investor Relations - Mark White, 800/350-2031
European  Business Development - Markus Kumbrink,  +49-69-975-44-665



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