SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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) June 14, 2002

                              General Devices, Inc.
           ----------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                    Delaware
               --------------------------------------------------
                 (State or other jurisdiction of Incorporation)

         0-3125                                         21-0661726
      ------------                                  -----------------
(Commission File Number)                  (IRS Employer Identification Number)

           376 Main Street, P.O. Box 74, Bedminster, New Jersey 07921
        ----------------------------------------------------------------
               (Address of Principal Executive Offices, Zip Code)

                                  908-234-0300
               ---------------------------------------------------
              (Registrant's Telephone Number, including area code)

                                 Not Applicable
                    ---------------------------------------
        (Former name of former addresses, if changed since last report)

<PAGE>

Item 5.  Other Events

     On June 14,  2002,  the Board of Directors of General  Devices,  Inc.  (the
"Company")  approved  the sale of 750,000  shares of common  stock at a price of
$.20 per share to the Company's principal stockholders (Asset Value Fund Limited
Partnership,  Bruce E. Toll and Leonard M. Tannenbaum) in a private transaction.
The purpose of the transaction was to enable the Company to purchase an interest
in an oil well being  drilled in eastern  Montana.  A copy of the press  release
describing  the  transaction is attached  hereto as Exhibit 99 and  incorporated
herein in its entirety by this reference.



<PAGE>

                                    SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                General Devices, Inc.


June 27, 2002                               /s/ John W. Galuchie, Jr.
                                                ----------------------------
                                                John W. Galuchie, Jr.
                                                Chairman
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{"company-data": {"conformed-name": "GENERAL DEVICES INC", "cik": "0000040528", "assigned-sic": "9995", "irs-number": "210661726", "state-of-incorporation": "NJ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-03125", "film-number": "02688823"}, "business-address": {"street1": "376 MAIN ST", "street2": "PO BOX 74", "city": "BEDMINSTER", "state": "NJ", "zip": "07921", "phone": "9082341881"}, "mail-address": {"street1": "376 MAIN ST", "street2": "PO BOX 74", "city": "BEDMINSTER", "state": "NJ", "zip": "07921"}}
SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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) June 14, 2002

                              General Devices, Inc.
           ----------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                    Delaware
               --------------------------------------------------
                 (State or other jurisdiction of Incorporation)

         0-3125                                         21-0661726
      ------------                                  -----------------
(Commission File Number)                  (IRS Employer Identification Number)

           376 Main Street, P.O. Box 74, Bedminster, New Jersey 07921
        ----------------------------------------------------------------
               (Address of Principal Executive Offices, Zip Code)

                                  908-234-0300
               ---------------------------------------------------
              (Registrant's Telephone Number, including area code)

                                 Not Applicable
                    ---------------------------------------
        (Former name of former addresses, if changed since last report)
Item 5.  Other Events

     On June 14,  2002,  the Board of Directors of General  Devices,  Inc.  (the
"Company")  approved  the sale of 750,000  shares of common  stock at a price of
$.20 per share to the Company's principal stockholders (Asset Value Fund Limited
Partnership,  Bruce E. Toll and Leonard M. Tannenbaum) in a private transaction.
The purpose of the transaction was to enable the Company to purchase an interest
in an oil well being  drilled in eastern  Montana.  A copy of the press  release
describing  the  transaction is attached  hereto as Exhibit 99 and  incorporated
herein in its entirety by this reference.
SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                General Devices, Inc.

June 27, 2002                               /s/ John W. Galuchie, Jr.
                                                ----------------------------
                                                John W. Galuchie, Jr.
                                                Chairman