SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
August 15, 2000
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: June 30, 2000
ALANCO TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
Arizona 86-0220694
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
15900 North 78th Street, Suite 101, Scottsdale, Arizona 85260
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(Address of principal executive offices) (Zip Code)
(480) 607-1010
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(Registrant's telephone number, including area code)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Effective June 30, 2000, the Company sold substantially all of the assets of
its wholly- owned subsidiary, Alanco Environmental Manufacturing, Inc., a
Nebraska corporation ("AEMI"), to Krebs, Inc., a Nebraska corporation ("Krebs")
in exchange for approximately $3.1 million in cash and a subordinated note in
the amount of $600,000. The transaction was signed on July 21, 2000, and
closed on August 7, 2000.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) THE FINANCIAL STATEMENTS OF BUSINESS SOLD. See (b) below.
(b) PRO FORMA FINANCIAL INFORMATION. The required pro forma financial
information related to the sale of AEMI will be included in the
Company's Annual Report on Form 10-KSB to be filed on or before
September 15, 2000.
(c) EXHIBITS.
1. Asset Purchase Agreement(exhibits and schedules omitted).
DATE: August 15, 2000 ALANCO TECHNOLOGIES, INC.
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(Registrant)
/s/ John A. Carlson
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John A. Carlson
Chief Financial Officer
