SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
Date of Report: August 1, 1997
PRO-DEX, INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number 0-14942
Colorado 84-1261240
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(State or other Jurisdiction (I.R.S. Employer
of Incorporation or Identification
Organization) Number)
1401 Walnut Street, Suite 540, Boulder, Colorado 80302
(Address Of Principal Executive Offices, Including Zip Code)
Registrant's Telephone Number,
Including Area Code: (303)443-6136
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 1. Changes in the Control of Registrant. None.
ITEM 2. Acquisition or Disposition of Assets. None.
ITEM 3. Bankruptcy or Receivership. None.
ITEM 4. Changes in Registrant's Certifying Registered
Accountant. None.
ITEM 5. Other Events.
On 9 July 1997, Cottrell Ltd., Englewood, Colorado
("Cottrell") filed a civil action in the U.S. District Court for
the District of Colorado against Biotrol International, Inc.
("Biotrol"), a wholly owned subsidiary of Registrant, and
Registrant. The complaint demands that Biotrol (and Registrant)
stop advertising and selling hard surface cleaners and
disinfectants under labels Cottrell alleges contain exaggerated
claims. The complaint seeks compensation for lost profits and
other compensation in an amount to be determined at trial.
Both Biotrol and Cottrell sell cleaning solutions to dental
dealers. The products are used to disinfect countertops and
other hard surfaces in dental offices. The U.S. Environmental
Protection Agency ("EPA") regulates such products and reviews
advertising and labeling claims made about the products by
manufacturers. The thrust of the action involves a Biotrol
product identified as "Birex se". Cottrell's complaint alleges
that, according to EPA standards, Birex se should be used the same
day it is mixed. Cottrell makes a competing product that must be
used the same day it is mixed, according to its label.
Registrant's management is currently investigating the
claims and intends to vigorously defend against the action.
Based on Registrant's current understanding of the relevant facts
and law, management does not expect that the outcome of these
legal proceedings will have a material adverse effect on the
consolidated financial condition, operating results or liquidity
of Registrant.
ITEM 6. Resignation of Registrant's Directors. None.
ITEM 7. Financial Statements and Exhibits. None.
ITEM 8. Changes in Fiscal Year. 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 hereunto duly authorized.
PRO-DEX, INC.
____________________________
George J. Isaac
Chief Financial Officer
