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<title>8-K</title>


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<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 18.0pt">&nbsp;</font></b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 18.0pt">&nbsp;</font></b></p>

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<p style='mso-style-link:"Header Char";margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:right'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:1.0pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 18.0pt">UNITED STATES </font></b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 18.0pt">SECURITIES AND EXCHANGE COMMISSION </font></b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b>Washington,
D.C. 20549 </b></p>

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<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 7.5pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 18.0pt">FORM 8-K</font></b>&nbsp;</p>

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<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
 <tr style='page-break-inside:avoid'>
  <td width="100%" valign=top style='width:100.0%;padding:0in 0in 0in 0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">&nbsp;&nbsp;</font></p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b>CURRENT
  REPORT</b></p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b>Pursuant
  to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></p>
  <h1 style='margin-right:0in;margin-left:0in;font-size:24.0pt;font-family:"Times New Roman","serif";font-weight:bold;margin:0in;margin-bottom:.0001pt;text-align:center;
  page-break-after:avoid'>&nbsp;</h1>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>Date of report (Date of earliest
  event reported):&nbsp; <b>December 5, 2013</b></p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 18.0pt">Forward Industries, Inc.</font></b></p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 10.0pt">(Exact Name of Registrant as Specified in Its
  Charter)</font></p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
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<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 7.5pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 7.5pt">&nbsp;</font></p>

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<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
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  padding:0in 5.4pt 0in 5.4pt' width="32%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">New York</font></b></p>
  </td>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="1%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>
  </td>
  <td valign=top style='border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt' width="33%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">000-6669</font></b></p>
  </td>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="1%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>
  </td>
  <td valign=top style='border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt' width="33%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">13-1950672</font></b></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="32%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">(State or other Jurisdiction of Incorporation)</font></p>
  </td>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="1%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">&nbsp;</font></p>
  </td>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="33%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">(Commission File Number)</font></p>
  </td>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="1%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">&nbsp;</font></p>
  </td>
  <td valign=top style='padding:0in 5.4pt 0in 5.4pt' width="33%">
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">(IRS Employer Identification No.)</font></p>
  </td>
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<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 7.5pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 7.5pt">&nbsp;</font></p>

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<table class=MsoNormalTable border=0 cellpadding=0
 style='border-collapse:collapse' width="80%">
 <tr>
  <td width=303 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; width:45%;border-bottom:
  1.0pt solid windowtext;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">477 Rosemary Ave., Suite 219</font></b></p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">West Palm Beach, FL</font></b></p>
  </td>
  <td width=16 valign=bottom style='width:12.3pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>
  </td>
  <td width=316 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; width:45%;border-bottom:
  1.0pt solid windowtext;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">33401</font></b></p>
  </td>
 </tr>
 <tr>
  <td width=303 valign=top style='width:45%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">(Address of Principal Executive Offices)</font></p>
  </td>
  <td width=16 valign=top style='width:12.3pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">&nbsp;</font></p>
  </td>
  <td width=316 valign=top style='width:45%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">(Zip Code)</font></p>
  </td>
 </tr>
</table>

</div>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 7.5pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 10.0pt">Registrant&#146;s telephone number, including area code: <b>(561)
465-0030</b></font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

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<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
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  <td width=331 valign=top style='width:248.1pt;border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width=331 valign=top style='width:248.1pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 7.5pt">(Former name or former address if changed since last
  report)</font></p>
  </td>
 </tr>
</table>

</div>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-indent:.5in'><font style="font-size: 10.0pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 10.0pt">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 follow
provisions:</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><b><font style="font-size: 10.0pt">&nbsp;</font></b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 10.0pt">[&nbsp;
]&nbsp; Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 10.0pt">[&nbsp;
]&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 10.0pt">[&nbsp;
]&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 10.0pt">[&nbsp;
]&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'><font style="font-size: 8.0pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<hr color="#000000">
<p style='page-break-before:always'</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt'><b>
ITEM 4.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NON-RELIANCE ON PREVIOUSLY ISSUED
FINANCIAL STATEMENTS OR A RELATED AUDIT REPORT OR COMPLETED INTERIM REVIEW.</b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On
December 5, 2013, the Audit Committee of the Board of Directors of Forward
Industries, Inc. (the &#147;<u>Company</u>&#148;) determined, upon the recommendation of
the Company&#146;s management, and in consultation with the Company&#146;s independent registered
public accounting firm, that the Company should restate its previously issued
consolidated financial statements for the quarter ended June 30, 2013 due to
certain errors made in the accounting for a certain transaction contained
therein, as discussed below. Accordingly, the financial statements contained in
the Company&#146;s Form 10-Q for the quarter ended June 30, 2013 filed with the
Securities and Exchange Commission on August 8, 2013 (the &#147;<u>Form 10-Q</u>&#148;) should
no longer be relied upon.</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt;text-indent:.5in'>This error occurred in the accounting for the calculation of value
of 381,674 shares of the Company&#146;s 6% Senior Convertible Preferred Stock, par
value $0.01 per share (the &#147;<u>Convertible Preferred Stock</u>&#148;) and warrants
to purchase a total of 381,674 shares of the Company&#146;s common stock, par value
$0.01 per share (the &#147;<u>Warrants</u>), issued in a private placement on June
28, 2013 at an aggregate purchase price of $1.965 per share. The Company subsequently
determined that the carrying value of each share of Convertible Preferred Stock
on June 28, 2013 was below (after giving effect to the reallocation of the carrying
value between each share of Convertible Preferred Stock and Warrant) the
conversion value of each share of Convertible Preferred Stock at June 30, 2013.
As a result, the accounting for the Convertible Preferred Stock issuance has
been revised to reflect the beneficial conversion feature associated with the
Convertible Preferred Stock and Warrants. While the Company&#146;s review is not yet
complete, it has progressed sufficiently to enable the Company to conclude that
the effect of these error corrections will be to increase net loss available to
common equity and basic and diluted loss per share from continuing operations
for the three month period ended June 30, 2013 and to decrease net income available
to common equity and basic and diluted earnings per share from continuing
operations for the nine month period ended June 30, 2013. The adjustments only affect
the quarter ended, and nine months ended, June 30, 2013, and have no effect on
the Company&#146;s net loss, cash flows and liquidity for the three- and nine-month
periods ended June 30, 2013.</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company expects to file in the near future an amended Form 10-Q for the quarter
ended June 30, 2013 to reflect the restatement. The Company will label the
quarterly financial information in the Form 10-Q/A &#147;As Restated&#148; and will
provide explanatory disclosure consistent with the requirements of Accounting
Standard Codification (&#147;ASC&#148;) 250, &#147;Accounting Changes and Error Corrections&#151;a
replacement of APB Opinion No. 20 and FASB Statement No. 3.&#148; </p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt;text-indent:.5in'>The Audit Committee of the Company&#146;s Board of Directors discussed
the matters disclosed in this Item 4.02 with the Company&#146;s independent
registered public accounting firm, CohnReznick LLP.</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<hr color="#000000">
<p style='page-break-before:always'</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b>&nbsp;</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt;text-align:center'><b>SIGNATURES</b></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
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.</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;</font></p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;</font></p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="98%"
 style='width:98.44%;margin-left:.75pt'>
 <tr style='height:16.2pt'>
  <td width="46%" style='width:46.56%;padding:0in 0in 0in 0in;height:16.2pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">Dated:
  December&nbsp; 11, 2013</font></p>
  </td>
  <td valign=top style='width:2%;padding:0in;
  height:16.2pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">By:&nbsp;&nbsp;</font></p>
  </td>
  <td colspan=2 style='width:51%;padding:0in;
  height:16.2pt'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><u><font style="font-size: 11.0pt">/s/
  Robert Garrett Jr. </font></u></p>
  </td>
 </tr>
 <tr>
  <td width="46%" style='width:46.56%;padding:0in 0in 0in 0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;</font></p>
  </td>
  <td style='width:2%;padding:0in; '>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;</font></p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">Name:&nbsp;&nbsp;</font></p>
  </td>
  <td style='width:48%;padding:0in; '>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">Robert
  Garrett Jr.</font></p>
  </td>
 </tr>
 <tr>
  <td width="46%" style='width:46.56%;padding:0in 0in 0in 0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;</font></p>
  </td>
  <td style='width:2%;padding:0in; '>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">&nbsp;</font></p>
  </td>
  <td valign=top style='width:3%;padding:0in; '>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">Title:&nbsp;</font></p>
  </td>
  <td style='width:48%;padding:0in; '>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'><font style="font-size: 11.0pt">Principal
  Executive Officer</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

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{"company-data": {"conformed-name": "FORWARD INDUSTRIES INC", "cik": "0000038264", "assigned-sic": "3089", "irs-number": "131950672", "state-of-incorporation": "NY", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34780", "film-number": "131271421"}, "business-address": {"street1": "1801 GREEN ROAD", "street2": "SUITE E", "city": "POMPANO BEACH", "state": "FL", "zip": "33064", "phone": "9544199544"}, "mail-address": {"street1": "1801 GREEN RD", "street2": "SUITE E", "city": "POMPANO BEACH", "state": "FL", "zip": "33064"}, "former-company": {"former-conformed-name": "PROGRESS HEAT SEALING CO INC", "date-changed": "19721111"}}
8-K
UNITED STATES
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):
December 5, 2013
Forward Industries, Inc.
(Exact Name of Registrant as Specified in Its
  Charter)
New York
000-6669
13-1950672
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
477 Rosemary Ave., Suite 219
West Palm Beach, FL
33401
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(561)
465-0030
(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 follow
provisions:
[ 
]  Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ 
]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ 
]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ 
]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 4.02      NON-RELIANCE ON PREVIOUSLY ISSUED
FINANCIAL STATEMENTS OR A RELATED AUDIT REPORT OR COMPLETED INTERIM REVIEW.
On
December 5, 2013, the Audit Committee of the Board of Directors of Forward
Industries, Inc. (the "
Company
") determined, upon the recommendation of
the Company's management, and in consultation with the Company's independent registered
public accounting firm, that the Company should restate its previously issued
consolidated financial statements for the quarter ended June 30, 2013 due to
certain errors made in the accounting for a certain transaction contained
therein, as discussed below. Accordingly, the financial statements contained in
the Company's Form 10-Q for the quarter ended June 30, 2013 filed with the
Securities and Exchange Commission on August 8, 2013 (the "
Form 10-Q
") should
no longer be relied upon.
This error occurred in the accounting for the calculation of value
of 381,674 shares of the Company's 6% Senior Convertible Preferred Stock, par
value $0.01 per share (the "
Convertible Preferred Stock
") and warrants
to purchase a total of 381,674 shares of the Company's common stock, par value
$0.01 per share (the "
Warrants
), issued in a private placement on June
28, 2013 at an aggregate purchase price of $1.965 per share. The Company subsequently
determined that the carrying value of each share of Convertible Preferred Stock
on June 28, 2013 was below (after giving effect to the reallocation of the carrying
value between each share of Convertible Preferred Stock and Warrant) the
conversion value of each share of Convertible Preferred Stock at June 30, 2013.
As a result, the accounting for the Convertible Preferred Stock issuance has
been revised to reflect the beneficial conversion feature associated with the
Convertible Preferred Stock and Warrants. While the Company's review is not yet
complete, it has progressed sufficiently to enable the Company to conclude that
the effect of these error corrections will be to increase net loss available to
common equity and basic and diluted loss per share from continuing operations
for the three month period ended June 30, 2013 and to decrease net income available
to common equity and basic and diluted earnings per share from continuing
operations for the nine month period ended June 30, 2013. The adjustments only affect
the quarter ended, and nine months ended, June 30, 2013, and have no effect on
the Company's net loss, cash flows and liquidity for the three- and nine-month
periods ended June 30, 2013.
The
Company expects to file in the near future an amended Form 10-Q for the quarter
ended June 30, 2013 to reflect the restatement. The Company will label the
quarterly financial information in the Form 10-Q/A "As Restated" and will
provide explanatory disclosure consistent with the requirements of Accounting
Standard Codification ("ASC") 250, "Accounting Changes and Error Corrections—a
replacement of APB Opinion No. 20 and FASB Statement No. 3."
The Audit Committee of the Company's Board of Directors discussed
the matters disclosed in this Item 4.02 with the Company's independent
registered public accounting firm, CohnReznick LLP.
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.
Dated:
  December  11, 2013
By:
/s/
  Robert Garrett Jr.
Name:
Robert
  Garrett Jr.
Title:
Principal
  Executive Officer