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)
May 13, 1999
VALLEY FORGE SCIENTIFIC CORP.
(Exact name of registrant as specified in its charter)
Pennsylvania 001-10382 23-2131580
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) ID Number)
136 Green Tree Road, Suite 100
Oaks, Pennsylvania 19456
(Address of principal executive offices)
Registrant's telephone number, including area code (610) 666-7500
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Item 5. Valley Forge Scientific Corp. (the "Company") announced
that pursuant to resolutions adopted by the Company's
Board of Directors in May 1999, the Company is
authorized to purchase up to 200,000 shares of its
outstanding common stock, no par value ("Common Stock")
from time to time as market conditions dictate. Any
purchases will be made pursuant to Rule 10b-18
promulgated under the Securities and Exchange Act of
1934. Any purchase of shares of Common Stock by the
Company should not be construed as an investment
recommendation regarding the Common Stock. The Company
may decide to purchase any number of shares of Common
Stock up to the 200,000 shares of Common Stock which it
is authorized to purchase.
FORWARD LOOKING STATEMENTS
The information provided in this report may contain forward
looking statements or statements which arguably imply or suggest
certain things about the Company's future. These statements are
based on assumptions that the Company believes are reasonable, but a
number of factors could cause the Company's actual results to differ
materially from those expressed or implied by these statements.
Investors are advised to review the disclosure in the Management's
Discussion and Analysis Section contained in the Form 10-Q for the
quarter ended December 31, 1998, under the headings "Forward Looking
Statements" and "Additional Cautionary Statements" for a discussion
of meaningful factors that may affect the Company.
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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.
VALLEY FORGE SCIENTIFIC CORP.
(Registrant)
Date: May 13, 1999 By: /s/ Jerry L. Malis
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Jerry L. Malis, President
