SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Sections 13 and 15(d) of the Securities Exchange Act
of 1934
Date of Report September 6, 1996
GENERAL DEVICES, INC.
Exact name of registrant as specified in its charter
New Jersey 0-3125 21-0661726
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation No.)
215 W. Church Road, Room 202, King of Prussia, PA 19406
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:
610-992-1455
Not Applicable
(Former name or former address, if changed since last report)
Item 1. Changes in Control of Registrant
None
Item 2. Acquisition or Disposal of Assets
Not Applicable
Item 3. Bankruptcy or Receivership
On August 23, 1996, the Company filed a petition for
reorganization under Chapter 11 of the bankruptcy code
with the United States Bankruptcy Court, Eastern
District of Pennsylvania, Case number 96-17950 under
United States Bankruptcy judge Diane W. Sigmond.
The registrant has 4,076,623 shares of common stock
outstanding and 10,000,000 authorized, leaving a balance
of 5,923,377 shares of unissued common stock. A portion
of which,to be made available, pursuant to a plan of
Reorganization to be filed by the Registrant.
It is anticipated that the Plan of Reorganization will
provide for an exchange of common stock to satisfy the
claims of the Convertible Debenture holders and other
creditors of the Registrant.
On the date of the filing of the petition for
Reorganization under Chapter II,the Registrant had
assets of $129.50 and Liabilities,primarily due to the
Convertible Debenture holders,in the amount of
$1,379,960.38.
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable
Item 5. Other events
Not Applicable
Item 6. Resignation of Registrant's Directors
None
Item 7. Financial Statements and Exhibits
None
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 thereto duly authorized.
GENERAL DEVICES, INC.
(Registrant)
September 3, 1996 By: (S)
Theodore A. Raymond
President
