Press Release Purchase of Assets from Adelphia Communications Corporations
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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) September
19,
2006
ADDVANTAGE
TECHNOLOGIES GROUP, INC.
(Exact
Name of Registrant as Specified in Its Charter)
Oklahoma
(State
or Other Jurisdiction of Incorporation)
1-10799
73-1351610
(Commission
File Number)
(IRS
Employer
Identification No.)
1221
E. Houston, Broken Arrow, Oklahoma
74012
(Address
of Principal Executive
Offices)
(Zip Code)
(918)
251-9121
(Registrant’s
Telephone Number, Including Area Code)
1221
East Houston Street, Broken Arrow, Oklahoma
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see
General
Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
7.01 Regulation FD Disclosure
On
September 19, 2006 ADDvantage Technologies Group, Inc. (the "Company") issued
a
press release announcing that its new subsidiary, Broadband Reistribution
International has completed the purchase of 82,034 Scientific-Atlanta and
16,889 Motorola surplus digital set-top boxes from Adelphia Communications
Corporation at a cost of approximately $1.8 million. Broadband
Redistribution International will begin to take ownership of the digital set
tops on September 18, 2006. These set top boxes will be refurbished using
outside vendors as we receive orders for them from customers. The refurbishment
will require an additional investment of approximately $2 to $3 million. A
copy of this press release is furnished as exhibit 99.1 to this
Current Report and is incorporated herein by reference.
ITEM
9.01 Financial Statements and Exhibits.
(d) Exhibits.
The
following exhibit is furnished herewith:
99.1
|
Press
Release dated September 19, 2006, issued by the
Company
|
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.
|
ADDVANTAGE
TECHNOLOGIES GROUP, INC. |
|
Date: September
19,
2006 |
|
By:
/s/ Kenneth A. Chymiak |
|
|
|
Kenneth
A. Chymiak |
|
|
|
President
and Chief Executive Officer |
|
Exhibit
Index
Exhibit
Number Description
99.1
99.1
|
Press
Release dated September 19, 2006,
issued by the Company
|