content: <PAGE>
               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):  May 1, 1996
  
  
  
                     DYNATRONICS CORPORATION
     (Exact name of registrant as specified in its charter)
  
  
  
        Utah                    0-12697                 87-0398434
   (State or other         (Commission File)          (IRS Employer
    jurisdiction                Number               Identification No.
  of incorporation)  
  
                     7030 Park Centre Drive
                   Salt Lake City, Utah  84121
                         (801) 568-7000
      (Address of principal executive offices and Zip Code
          Registrant's telephone number with area code)
  
  
  
  - ------------------------------------------------------------
       (Former name, former address & former fiscal year,
                  if changed since last report)
  
  
  
  <PAGE>
  Item 2.  Acquisition or Disposition of Assets.
  
       The descriptions set forth in this report do not purport
  to be complete, and this report is qualified in its entirety
  by reference to the documents described herein and attached as
  exhibits hereto, which are hereby incorporated herein by this
  reference.     
  
       On April 29, 1996, effective May 1, 1996, Dynatronics
  Corporation, a Utah corporation (the "Company"), executed a
  definitive Asset Purchase Agreement (the "Purchase Agreement")
  by and among the Company, Superior Orthopaedic Supplies, Inc.,
  a Tennessee corporation ("Superior"), H. Allen Hughes, Jr.,
  Thomas W. Hughes, individuals resident in Tennessee, and
  Herbert A. Hughes and Betty D. Hughes, individuals resident in
  Georgia, (collectively the "Sellers").  Sellers are the
  shareholders of Superior.  Prior to the execution of the
  Purchase Agreement, Superior was dissolved and the assets of
  Superior (the "Superior Assets") were distributed to and held
  by Sellers as tenants in common.  Pursuant to the Purchase
  Agreement, Sellers agreed to sell substantially all of the
  Superior Assets to the Company, for the payment of $550,000
  cash, a promissory note for $550,000, and 440,000 shares of
  the Company's authorized but previously unissued common stock. 
  The Purchase Agreement specified that the transactions
  contemplated thereby would close, subject to the fulfillment
  of certain conditions, on May 1, 1996, or such later time as
  the parties may agree.  The parties did, in fact, agree to
  effect the closing on May 1, 1996, on which date the Company
  issued its common stock, promissory note and cash in return
  for the transfer of the Superior Assets, and the acquisition
  was in all other respects consummated.
  
       Before its dissolution and the sale of all of the
  Superior Assets in connection with the closing of the Purchase
  Agreement, Superior was engaged in the business of
  manufacturing, assembling and distributing physical therapy
  and consumable products for the health care industry.  The
  Superior Assets that were acquired by the Company consist
  primarily of fixed assets, inventory, accounts receivable and
  work in process, as well as copyrights and trademarks used and
  developed by Superior and Sellers and certain equipment.
  
       Under the Purchase Agreement, the consideration paid to
  Sellers for the Superior Assets was 440,000 shares of the
  Company's restricted common stock, no par value, cash of
  $550,000, and a promissory note payable over three years for
  $550,000.  The amount of such consideration was the result of
  arms-length negotiation among the parties.  Cash for the
  purchase will be paid from bank deposits or amounts available
  under an existing line of credit with a bank or a combination
  <PAGE>
  of the two.  Prior to the execution and consummation of the
  Purchase Agreement, neither Superior nor any of the Sellers
  had any material relationship with the Company, any of its
  affiliates, directors, officers or any associates of any of
  the foregoing.  Mr. H. Allen Hughes, one of the Sellers, is
  the principal stockholder of Rehab MedEquip, Inc., a Tennessee
  corporation ("Rehab"), which is an independent distributor of
  the Company's products.
  
       To the extent that equipment or other physical property
  was among the Superior Assets acquired by the Company, and
  such equipment or other physical property was used in
  connection with Superior's (and Sellers') business, the
  Company intends to continue to use such assets for the same
  business purposes.  The business will be operated as a
  division of the Company, at 6607 Mountain View Road, Ooltewah,
  Tennessee 37363; with limited manufacturing activities
  conducted at 6129 Hunter Road, Ooltewah, Tennessee.  Both
  premises are leased.  The premises on Mountain View Road are
  owned and leased from a general partnership, of which one of
  the Sellers, H. Allen Hughes, is a majority owner and managing
  general partner.  A part of the premises are subleased to
  Rehab.  Mr. Hughes is the majority shareholder of Rehab.  His
  brother, Thomas W. Hughes, is a minority shareholder of Rehab.
  
  Item 7. Financial Statements and Exhibits.
  
       Listed below are the financial statements and information
  and pro forma financial information and exhibits filed as part
  of this report.
     
  (a)  Financial Statements of the Business Acquired.
  
       Superior Orthopaedic Supplies, Inc.
       Independent Auditors' Report for the Nine
       Months Ended March 31, 1996 and the
       Fiscal Year Ended June 30, 1995
       Superior Orthopaedic Supplies, Inc.,
       Audited Balance Sheets as of June 30,
       1996, and the Nine-Month Period Ended
       March 31, 1996
  
       Superior Orthopaedic Supplies, Inc.,
       Statements of Earnings and Retained
       Earnings, Fiscal Year Ended June 30, 1995
       and Nine Months Ended March 31, 1996
  <PAGE>
       Superior Orthopaedic Supplies, Inc.,
       Statements of Cash Flows, Fiscal Year
       Ended June 30, 1995 and Nine Months Ended
       March 31, 1996
  
       Notes to Audited Financial Statements of
       Superior Orthopaedic Supplies, Inc.
  
  (b)  Pro Forma Financial Information
       Pro Forma Financial Information will be
       prepared and filed within 60 days of the
       date of filing of this report.
  
       (c)  Exhibits
  
  Regulation
     S-B
   Exhibit
     No.               Description                  Page No.
  - ----------  ----------------------------------   ----------
    (2)       Asset Purchase Agreement by and
              among Dynatronics Corporation, a
              Utah corporation, Superior
              Orthopaedic Supplies, Inc., a
              Tennessee corporation, H. Allen
              Hughes and Thomas W. Hughes,
              residents of Tennessee, and Herbert
              A. and Betty D. Hughes, residents of
              Georgia                                                 
  
  Pursuant to Item 601(b)(2) of Regulation S-B, the following
  exhibits and schedules to the Asset Purchase Agreement dated
  as April 29, 1996 and effective May 1, 1996, are omitted as
  exhibits to this Report but will be provided to the Securities
  and Exchange Commission upon request therefor by the
  Commission Staff:
  
            Exhibit 1.2         Acquired Intellectual Property
            Exhibit 1.3         Acquired Leases
            Exhibit 1.6         Assets
            Exhibit 1.7         Assumed Liabilities
            Exhibit 2.2(d)(i)A  H. Allen Hughes Employment
                                Agreement
            Exhibit 2.2(d)(i)B  Thomas W. Hughes Employment
                                Agreement
            Exhibit 2.2(d)(ii)  Registration Rights Agreement
            Exhibit 2.3(b)      Sellers' Promissory Note
            Exhibit 2.3(c)(i)   Form of Promissory Note
            Exhibit 2.3(c)(ii)  Form of Security Agreement
  <PAGE>
            Exhibit 3.1         States in Which Superior is
                                Qualified to do Business
            Exhibit 3.6         Insurance Policies and
                                Description of Claims
            Exhibit 3.8         Superior Financial Statements
            Exhibit 3.11        Litigation of Sellers and
                                Superior
            Exhibit 3.13        Interest of Officers and
                                Directors of Superior
            Exhibit 3.14(g)     Known or Suspected Infringement
                                of Acquired Intellectual
                                Property
            Exhibit 4.3         Purchaser Litigation Schedule
            Exhibit 6.1         Allocation of Purchase Price to
                                Covenant not to Compete
            Exhibit 11          Form of Escrow Agreement
  <PAGE>
                            SIGNATURE
  
  
       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.
  
  
  
                      Dynatronics Corporation
  
  
  
  
                      By: /s/ Kelvyn H. Cullimore, Jr. 
                          ------------------------------
                          Kelvyn H. Cullimore, Jr.,
                          President and CEO
  
  
                      Dated:       5/16/96
                             ----------------------------
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 9289}]
metadata_filer: {"company-data": {"conformed-name": "DYNATRONICS CORP", "cik": "0000720875", "assigned-sic": "3841", "irs-number": "870398434", "state-of-incorporation": "UT", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-12697", "film-number": "96568590"}, "business-address": {"street1": "7030 PARK CENTRE DRIVE", "street2": "BLDG D", "city": "SALT LAKE CITY", "state": "UT", "zip": "84121", "phone": "8014854739"}, "mail-address": {"street1": "7030 PARK CENTER DR", "city": "SALT LAKE CITY", "state": "UT", "zip": "84121"}, "former-company": {"former-conformed-name": "DYNATRONICS LASER CORP", "date-changed": "19920703"}}
text: 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):  May 1, 1996
  
                     DYNATRONICS CORPORATION
     (Exact name of registrant as specified in its charter)
  
        Utah                    0-12697                 87-0398434
   (State or other         (Commission File)          (IRS Employer
    jurisdiction                Number               Identification No.
  of incorporation)  
  
                     7030 Park Centre Drive
                   Salt Lake City, Utah  84121
                         (801) 568-7000
      (Address of principal executive offices and Zip Code
          Registrant's telephone number with area code)
  
  - ------------------------------------------------------------
       (Former name, former address & former fiscal year,
                  if changed since last report)
  Item 2.  Acquisition or Disposition of Assets.
  
       The descriptions set forth in this report do not purport
  to be complete, and this report is qualified in its entirety
  by reference to the documents described herein and attached as
  exhibits hereto, which are hereby incorporated herein by this
  reference.     
  
       On April 29, 1996, effective May 1, 1996, Dynatronics
  Corporation, a Utah corporation (the "Company"), executed a
  definitive Asset Purchase Agreement (the "Purchase Agreement")
  by and among the Company, Superior Orthopaedic Supplies, Inc.,
  a Tennessee corporation ("Superior"), H. Allen Hughes, Jr.,
  Thomas W. Hughes, individuals resident in Tennessee, and
  Herbert A. Hughes and Betty D. Hughes, individuals resident in
  Georgia, (collectively the "Sellers").  Sellers are the
  shareholders of Superior.  Prior to the execution of the
  Purchase Agreement, Superior was dissolved and the assets of
  Superior (the "Superior Assets") were distributed to and held
  by Sellers as tenants in common.  Pursuant to the Purchase
  Agreement, Sellers agreed to sell substantially all of the
  Superior Assets to the Company, for the payment of $550,000
  cash, a promissory note for $550,000, and 440,000 shares of
  the Company's authorized but previously unissued common stock. 
  The Purchase Agreement specified that the transactions
  contemplated thereby would close, subject to the fulfillment
  of certain conditions, on May 1, 1996, or such later time as
  the parties may agree.  The parties did, in fact, agree to
  effect the closing on May 1, 1996, on which date the Company
  issued its common stock, promissory note and cash in return
  for the transfer of the Superior Assets, and the acquisition
  was in all other respects consummated.
  
       Before its dissolution and the sale of all of the
  Superior Assets in connection with the closing of the Purchase
  Agreement, Superior was engaged in the business of
  manufacturing, assembling and distributing physical therapy
  and consumable products for the health care industry.  The
  Superior Assets that were acquired by the Company consist
  primarily of fixed assets, inventory, accounts receivable and
  work in process, as well as copyrights and trademarks used and
  developed by Superior and Sellers and certain equipment.
  
       Under the Purchase Agreement, the consideration paid to
  Sellers for the Superior Assets was 440,000 shares of the
  Company's restricted common stock, no par value, cash of
  $550,000, and a promissory note payable over three years for
  $550,000.  The amount of such consideration was the result of
  arms-length negotiation among the parties.  Cash for the
  purchase will be paid from bank deposits or amounts available
  under an existing line of credit with a bank or a combination
  of the two.  Prior to the execution and consummation of the
  Purchase Agreement, neither Superior nor any of the Sellers
  had any material relationship with the Company, any of its
  affiliates, directors, officers or any associates of any of
  the foregoing.  Mr. H. Allen Hughes, one of the Sellers, is
  the principal stockholder of Rehab MedEquip, Inc., a Tennessee
  corporation ("Rehab"), which is an independent distributor of
  the Company's products.
  
       To the extent that equipment or other physical property
  was among the Superior Assets acquired by the Company, and
  such equipment or other physical property was used in
  connection with Superior's (and Sellers') business, the
  Company intends to continue to use such assets for the same
  business purposes.  The business will be operated as a
  division of the Company, at 6607 Mountain View Road, Ooltewah,
  Tennessee 37363; with limited manufacturing activities
  conducted at 6129 Hunter Road, Ooltewah, Tennessee.  Both
  premises are leased.  The premises on Mountain View Road are
  owned and leased from a general partnership, of which one of
  the Sellers, H. Allen Hughes, is a majority owner and managing
  general partner.  A part of the premises are subleased to
  Rehab.  Mr. Hughes is the majority shareholder of Rehab.  His
  brother, Thomas W. Hughes, is a minority shareholder of Rehab.
  
  Item 7. Financial Statements and Exhibits.
  
       Listed below are the financial statements and information
  and pro forma financial information and exhibits filed as part
  of this report.
     
  (a)  Financial Statements of the Business Acquired.
  
       Superior Orthopaedic Supplies, Inc.
       Independent Auditors' Report for the Nine
       Months Ended March 31, 1996 and the
       Fiscal Year Ended June 30, 1995
       Superior Orthopaedic Supplies, Inc.,
       Audited Balance Sheets as of June 30,
       1996, and the Nine-Month Period Ended
       March 31, 1996
  
       Superior Orthopaedic Supplies, Inc.,
       Statements of Earnings and Retained
       Earnings, Fiscal Year Ended June 30, 1995
       and Nine Months Ended March 31, 1996
  Superior Orthopaedic Supplies, Inc.,
       Statements of Cash Flows, Fiscal Year
       Ended June 30, 1995 and Nine Months Ended
       March 31, 1996
  
       Notes to Audited Financial Statements of
       Superior Orthopaedic Supplies, Inc.
  
  (b)  Pro Forma Financial Information
       Pro Forma Financial Information will be
       prepared and filed within 60 days of the
       date of filing of this report.
  
       (c)  Exhibits
  
  Regulation
     S-B
   Exhibit
     No.               Description                  Page No.
  - ----------  ----------------------------------   ----------
    (2)       Asset Purchase Agreement by and
              among Dynatronics Corporation, a
              Utah corporation, Superior
              Orthopaedic Supplies, Inc., a
              Tennessee corporation, H. Allen
              Hughes and Thomas W. Hughes,
              residents of Tennessee, and Herbert
              A. and Betty D. Hughes, residents of
              Georgia                                                 
  
  Pursuant to Item 601(b)(2) of Regulation S-B, the following
  exhibits and schedules to the Asset Purchase Agreement dated
  as April 29, 1996 and effective May 1, 1996, are omitted as
  exhibits to this Report but will be provided to the Securities
  and Exchange Commission upon request therefor by the
  Commission Staff:
  
            Exhibit 1.2         Acquired Intellectual Property
            Exhibit 1.3         Acquired Leases
            Exhibit 1.6         Assets
            Exhibit 1.7         Assumed Liabilities
            Exhibit 2.2(d)(i)A  H. Allen Hughes Employment
                                Agreement
            Exhibit 2.2(d)(i)B  Thomas W. Hughes Employment
                                Agreement
            Exhibit 2.2(d)(ii)  Registration Rights Agreement
            Exhibit 2.3(b)      Sellers' Promissory Note
            Exhibit 2.3(c)(i)   Form of Promissory Note
            Exhibit 2.3(c)(ii)  Form of Security Agreement
  Exhibit 3.1         States in Which Superior is
                                Qualified to do Business
            Exhibit 3.6         Insurance Policies and
                                Description of Claims
            Exhibit 3.8         Superior Financial Statements
            Exhibit 3.11        Litigation of Sellers and
                                Superior
            Exhibit 3.13        Interest of Officers and
                                Directors of Superior
            Exhibit 3.14(g)     Known or Suspected Infringement
                                of Acquired Intellectual
                                Property
            Exhibit 4.3         Purchaser Litigation Schedule
            Exhibit 6.1         Allocation of Purchase Price to
                                Covenant not to Compete
            Exhibit 11          Form of Escrow Agreement
  SIGNATURE
  
       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.
  
                      Dynatronics Corporation
  
                      By: /s/ Kelvyn H. Cullimore, Jr. 
                          ------------------------------
                          Kelvyn H. Cullimore, Jr.,
                          President and CEO
  
                      Dated:       5/16/96
                             ----------------------------