Berman Center, Inc. – ‘8-K’ for 5/31/96

As of:  Wednesday, 8/28/96   ·   For:  5/31/96   ·   Accession #:  889812-96-1179   ·   File #:  0-19562

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Current Report   —   Form 8-K
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Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         3      9K 

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8-K
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SECURITIES AND EXCHANGE COMMISSION  
Washington, DC 20549  

FORM 8-K  

CURRENT REPORT  
Pursuant to Section 13 of 15(d) of the Securities Exchange Act of 1934  

Date of Report (Date of earliest event reported) -- May 31, 1996  

Bio-Dyne Corporation  
(Exact name of registrant as specified in its charter)  

Georgia                            0-19562                           58-1865733 
(State or other                  (Commission                      (IRS Employee 
jurisdiction of                   File Number)               Identification No.)
incorporation)                                                                  

5400 Bucknell Drive, SW                                                         
Atlanta, GA                                                               30336 
(Address of principal executive offices)                              (Zip Code)

Registrant's telephone number,                                                  
including area code                                              (404) 346-3100 

8-K
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Item 5. OTHER EVENTS                                                            

On August 23, 1996, two of the Registrant's subsidiaries discontinued           
operations.                                                                     

Home Fitness Studios, Inc. ("HFS"), based in Hollywood, Florida,                
previously operated 8 retail fitness stores and had 20 full time and 15 part    
time employees. For the fiscal year ended March 31, 1996, HFS had sales of      
approximately $6,000,000 and a net loss of $200,000.                            

Carolina Fitness Equipment, Inc. ("Carolina"), based in Charlotte, North        
Carolina, previously operated 9 retail fitness stores and had 20 full time and  
20 part time employees. For the fiscal year ended March 31, 1996, Carolina had  
sales of approximately $8,700,000 and a net loss of $845,000.                   

By discontinuing the operations of HFS and Carolina Fitness, management         
expects to reduce on-going losses and enhance its cashflow.                     

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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.                                           

                    Bio-Dyne Corporation
                    (Registrant)

Dated: August 28, 1996                  By: /s/ Erik Bailey                     
                          __________________
                   Erik Bailey
                               Chief Financial Officer

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		8/28/96		3
		8/23/96		2
For Period End:		5/31/96		1					8-K
		3/31/96		2					10KSB,  10KSB/A,  NT 10-K
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