UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): April 9, 1999
MEDICAL INDUSTRIES OF AMERICA, INC.
(Exact name of registrant as specified in its Charter)
FLORIDA 0-20356 65-0158479
(State of other jurisdiction (Commission file no.) (IRS Employer ID
of incorporation) Number)
1903 S. CONGRESS AVENUE, SUITE 400, BOYNTON BEACH, FLORIDA 33426
(Address of principal executive offices)
Registrant's telephone number, including area code: 561-737-2227
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Item 2. Acquisition and Disposition of Assets
(a) Description of Acquisitions
On April 9, 1999, the Company, through MIOA Acquisition Company I, Inc.
and MIOA Acquisition Company VII, Inc. (wholly owned subsidiaries of
Medical Industries of America, Inc.), executed an agreement and plan of
merger effective March 1, 1999 with Air Response, Inc. The Company
received 100% of the outstanding stock of Air Response, Inc. for
$2,900,000, represented by 3,866,667 shares of the Company's restricted
common stock with a value of $2,900,000. In addition, the Company will
issue up to $2,900,000 convertible debentures over three years based on
earnings, as defined.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial statements of the businesses acquired, prepared
pursuant to Rule 3.05 of Regulation S-X will be filed within 60
days in accordance with Item 7(a)4.
(b) Pro Forma financial information required pursuant to Article II
of Regulation S-X will be filed within 60 days in accordance
with Item 7(a)4.
(c) Exhibits
Exhibit Number Description
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*2 Agreement and Plan of Merger by and among
Medical Industries of America, Inc., MIOA
Acquisition Company I, Inc., MIOA
Acquisition Company VII, Inc., Air Response,
Inc. and Louis R. Capece, Jr. and Donald
Jones.
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* To be filed by amendment.
Date: April 22, 1999 By: /s/ ARTHUR KOBRIN
Arthur Kobrin
Chief Financial Officer