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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): April 16, 1997
MYO DIAGNOSTICS, INC.
(Exact Name of Registrant as Specified in Charter)
California 333-19285 95-4089525
(State or Other Jurisdiction(Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3760 South Robertson Boulevard
Culver City, California 90232
(Address of Principal Executive Offices)
(310) 559-5500
(Registrant's Telephone Number)
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ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
On April 16, 1997, the Registrant issued and sold 480,000 units to
Altamira Management Ltd. and Bona Vista Asset Management Ltd., Canadian
institutional investors for an aggregate of $1,200,000. Each unit was
comprised of one share of Common Stock and one quarter stock purchase
warrant. Each whole warrant entitles the holder to purchase one share of
Common Stock at a price of $3.00 per share through April 16, 1998. The
Registrant utilized the services of Griffiths McBurney & Partners, a
broker/dealer in Ontario, Canada, in connection with this transaction, which
received a fee of $84,000 and warrants to purchase 43,200 shares of Common
Stock at a price of $2.50 per share, exercisable through April 16, 1999. The
issuance of these securities was exempt from registration pursuant to
Regulation S and pursuant to Section 4(2) of the Act as a transaction not
involving any public offering.
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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.
April 22, 1997 MYO DIAGNOSTICS, INC.
By: /s/ Gerald D. Appel
Gerald D. Appel, President and
Chief Executive Officer
