<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 18, 1997
------------------------
APPLIED CELLULAR TECHNOLOGY, INC.
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Missouri 000-26020 43-1641533
- -------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Highway 160 & CC, Suite 5, Nixa, Missouri 65714
- -------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 417-725-9888
----------------
Page 1
<PAGE> 2
Page 2
Item 1. Changes in Control of Registrant
Item 2. Acquisition or Disposition of Assets.
On March 18, 1997, Applied Cellular Technologies, Inc. (the
"Company") purchased 100% of the 4,000,002 issued and
outstanding common shares, $0 par value, of Hopper
Manufacturing Co., Inc. ("Hopper") from two shareholders,
Stanley M. Hopper and Stephen O. Hopper, (collectively, the
"Sellers"), in exchange for $750,000.00 in the form of Applied
Cellular Technology, Inc. restricted common shares. The
Sellers received $750,000.00 worth of the Company's restricted
common shares at $4.1875 per share on March 18, 1997, by the
Company issuing 179,104 of its restricted common shares, in
addition to a cash payment of $98,263.00 to Stanley O. Hopper.
Item 3. Bankruptcy or Receivership. None.
Item 4. Change in Registrant's Certifying Accountant. No.
Item 5. Other Events. None.
Item 6. Resignation of Registrant's Directors. None.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of business acquired,
if required, will be filed by June 1, 1997.
(b) Pro forma financial information, if required,
will be filed by June 1, 1997.
(c) Exhibits. Agreement of Sale containing <F*>
exhibits for the Buyers
December 31, 1996 audited
consolidated financial statements
and the employment and non-compete
agreement
Escrow Agreement <F*>
Item 8. Change in fiscal year. None.
- ---------------
[FN]
<F*> Previously filed on Form 8-K on April 2, 1997
Page 2
<PAGE> 3
Page 3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
APPLIED CELLULAR TECHNOLOGY, INC.
(Registrant)
Date: April 21, 1997 /s/ David A. Loppert
--------------------- --------------------------------------
Vice President, Treasurer and
Chief Financial Officer
Page 3
