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<title>Forward Industries Form 8-K</title>



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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
<p align=center style='text-align:center; margin-left:0in; margin-right:0in'><b>UNITED STATES<br>
SECURITIES AND EXCHANGE
COMMISSION<br>
Washington, D.C. 20549</b></p>



<p align=center style='text-align:center; margin-left:0in; margin-right:0in'><b>FORM 8-K </b></p>



<p align=center style='text-align:center; margin-left:0in; margin-right:0in'><b>CURRENT REPORT </b></p>



<p align=center style='text-align:center; margin-left:0in; margin-right:0in'><b>Pursuant to Section 13 OR 15(d) of
<br>
The Securities Exchange Act of 1934 </b></p>

<p align=center style='text-align:center; margin-left:0in; margin-right:0in'>
<font size="2">Date of Report (Date of
earliest event reported) <br>
</font><b><font size="2">February 7, 2007</font></b></p>



<p align=center style='text-align:center; margin-left:0in; margin-right:0in'><b>
<font size="5">Forward Industries, Inc.<br>
</font><font size="2">(Exact name of registrant
as specified in its charter) </font></b></p>





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  <p class=MsoNormal align=center style='text-align:center'><b><font size="2">New York</font></b></p>
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  padding:0in 0in 0in 0in'>
  <p class=MsoNormal align=center style='text-align:center'><b><font size="2">000-6669</font></b></p>
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  padding:0in 0in 0in 0in'>
  <p class=MsoNormal align=center style='text-align:center'><b><font size="2">13-1950672</font></b></p>
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	<font size="2">(State or Other
  Jurisdiction</font></b></p>
  <p align=center style='margin-top:0in;margin-right:0in;margin-bottom:.75pt;
  margin-left:0in;text-align:center'><b><font size="2">of Incorporation)</font></b></p>
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	<font size="2">(Commission</font></b></p>
  <p align=center style='margin-top:0in;margin-right:0in;margin-bottom:.75pt;
  margin-left:0in;text-align:center'><b><font size="2">File Number)</font></b></p>
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  <p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'><b>
	<font size="2">(IRS Employer</font></b></p>
  <p align=center style='margin-top:0in;margin-right:0in;margin-bottom:.75pt;
  margin-left:0in;text-align:center'><b><font size="2">Identification No.)</font></b></p>
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  &nbsp;&nbsp;

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  &nbsp;

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  padding:0in 0in 0in 0in'>
  <p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'><b>
	<font size="2">1801 Green Road, Suite E</font></b></p>
  <p align=center style='margin-top:0in;margin-right:0in;margin-bottom:.75pt;
  margin-left:0in;text-align:center'><b><font size="2">Pompano Beach</font></b><font size="2"><b>, FL</b></font><b><font size="2">
	</font> </b></p>
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  <p class=MsoNormal align=center style='text-align:center'><b><font size="2">33064</font></b></p>
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  <p class=MsoNormal align=center style='text-align:center'><b><font size="2">(Address of principal executive offices)</font></b></p>
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  <p class=MsoNormal align=center style='text-align:center'><b><font size="2">(Zip&nbsp;Code)</font></b></p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>Registrant's telephone
number, including area code <br>
<b>(954) 419-9544 </b> </p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
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  report)</font></b></p>
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  &nbsp;
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<p style='margin:0in;margin-bottom:.0001pt'><font size="2">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: </font> </p>
<p style='margin:0in;margin-bottom:.0001pt'><font size="2">&nbsp;</font></p>



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  <p class=MsoNormal>Written communications
  pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </p>
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  &nbsp;</td>
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  <p class=MsoNormal>Soliciting material
  pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </p>
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  <p class=MsoNormal>Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2(b)) </p>
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  <p class=MsoNormal>Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c)) </p>
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<p style='margin:0in;margin-bottom:.0001pt'><b>&nbsp;</b></p>

<p style='margin-left:0in; margin-right:0in'><b><font size="2">Item 2.02 Results of
Operations and Financial Condition. </font></b></p>



<p style='text-indent:24.5pt; margin-left:0in; margin-right:0in'><font size="2">On Wednesday, February 7,
2007, the Company issued a press release announcing its results of operations
for its fiscal first quarter ended December 31, 2006.&nbsp; A copy of the press
release is attached as Exhibit 99.1.</font></p>



<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">&nbsp;</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">Item 9.01 Financial
Statements and Exhibits. </font> </b></p>



<p class=MsoNormal><font size="2">(c) Exhibits.</font></p>



<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><font size="2">Exhibit 99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Press release issued on February
7, 2007</font></p>
<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'>&nbsp;</p>
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<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>&nbsp;</p>
<p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'><b>
<font size="2">SIGNATURES </font> </b></p>



<p style='margin:0in;margin-bottom:.0001pt;text-indent:24.5pt'><font size="2">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 class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>
<font size="2">Forward Industries Inc.,</font></b></p>

<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>
<font size="2">&nbsp;</font></b></p>





<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>
<font size="2">By</font></b><font size="2">:</font></p>





<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><font size="2">/s/ Jerome E. Ball</font></p>

<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><font size="2">_______________________________________</font></p>



<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>
<font size="2">Name </font> </b><font size="2">Jerome
E. Ball</font></p>



<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>
<font size="2">Title:</font></b><font size="2"> Chairman
and Chief Executive Officer</font></p>



<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>
<font size="2">Dated:</font></b><font size="2"> February
9, 2007</font></p>
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<font size="2">EXHIBIT INDEX </font> </b></p>

<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b><u>
<font size="2">Exhibit No.</font></u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font> <u><font size="2">Description</font></u></b></p>

<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><font size="2">Exhibit 99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Press release issued by the Company
on February 7, 2007</font></p>
<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'>&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": "000-06669", "film-number": "07598781"}, "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"}}
Forward Industries Form 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)
February 7, 2007
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.)
1801 Green Road, Suite E
Pompano Beach
, FL
33064
(Address of principal executive offices)
(Zip Code)
Registrant's telephone
number, including area code
(954) 419-9544
(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:
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 2.02 Results of
Operations and Financial Condition.
On Wednesday, February 7,
2007, the Company issued a press release announcing its results of operations
for its fiscal first quarter ended December 31, 2006.  A copy of the press
release is attached as Exhibit 99.1.
Item 9.01 Financial
Statements and Exhibits.
(c) Exhibits.
Exhibit 99.1            Press release issued on February
7, 2007
-1-
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.
Forward Industries Inc.,
By
:
/s/ Jerome E. Ball
_______________________________________
Name
Jerome
E. Ball
Title:
Chairman
and Chief Executive Officer
Dated:
February
9, 2007
-2-
EXHIBIT INDEX
Exhibit No.
Description
Exhibit 99.1            Press release issued by the Company
on February 7, 2007
-3-