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) November 16, 1998
MEDICORE, INC.
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(Exact name of registrant as specified in its charter)
Florida 0-6906 59-0941551
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2337 West 76th Street, Hialeah, Florida 33016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (305) 558-4000
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Item 5. Other Events
The Company entered into a financial advisory agreement ("Agreement")
with Dominick & Dominick, Incorporated ("Dominick & Dominick") on November
16, 1998 to provide it and Techdyne, Inc., its majority owned public
subsidiary, with which subsidiary the Agreement was initially executed,
with certain investment and financial advisor services, including
mergers, acquisitions and financings. The Agreement is cancelable upon
written notice by either party. In addition to payment of an initial
engagement fee and a monthly retainer fee to commence in February, 1999,
the Company issued to Dominick & Dominick an option for 100,000 shares
of its common stock exercisable at $4.75 per share through October 18,
2000.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits
(a) Financial statements of businesses acquired
Not Applicable
(b) Pro forma financial information
Not Applicable
(c) 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 hereunto duly authorized.
MEDICORE, INC.
/s/ Thomas K. Langbein
By----------------------------
THOMAS K. LANGBEIN, Chairman
of the Board, Chief Executive
Officer and President
Dated: November 25, 1998
