content: 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): October 19, 2001
  
  
                              SONEX RESEARCH, INC.
                (Exact name of registrant as specified in Charter)
  
  
           Maryland                  0-14465                52-1188993
        (State or other           (Commision file         (IRS employer
        jurisdiction of               number)           identification no.)
         incorporation)
  
  
  
                      23 Hudson Street, Annapolis, MD 21401
                     (Address of principal executive offices)
  
  
                                (410) 266-5556
               (Registrant's telephone number, including area code)
  
  
                                      N/A
           (Former name or former address, if changed since last report)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  ITEM 5. - OTHER EVENTS
  
  
       On October 19,  2001, Sonex  Research, Inc. (the  "Company") posted the
  following report on its website (www.sonexresearch.com):
  
  
  
                 SONEX RAISES CAPITAL; INVESTORS INCLUDE INSIDERS
  
  
  ANNAPOLIS,  MARYLAND,  September 27, 2001 - SONEX RESEARCH,  INC. (OTC BB: SONX)
  announced that a private financing initiated earlier this month by a small group
  of local  shareholders has been completed this week. The Company raised $112,500
  from the sale of  750,000  shares  of Common  Stock  sold in  twenty-five  units
  consisting of 30,000 shares each. No additional  convertible  securities such as
  warrants are being issued in connection with the investment.
  
  The  investors  included  Sonex  CEO  and  co-founder   Dr. Andrew  A.  Pouring,
  CFO George E.  Ponticas,  and director John H. Drewanz,  who joined the Board on
  October 1. The group's original goal was to provide $45,000 from the sale of ten
  units,  with the  majority of the funds to be  utilized to expand the  Company's
  marketing  activity  and to  increase  efforts to  conclude  strategic  business
  arrangements.  The amount of the  investment  above the  original  goal is being
  utilized  primarily to satisfy payables which include charges in connection with
  the recent annual report and proxy mailing and the  shareholder  meeting,  audit
  and legal fees,  patent  filing  fees,  consulting  fees,  unpaid  wages owed to
  employees and officers, and other charges.
  
  At the Annual Meeting of Shareholders held September 27, Sonex Chairman Myron A.
  "Mike" Wick, III, cautioned that while the Company has made significant progress
  in the past year,  its short-term  cash flow position  remains  tenuous  because
  revenues have yet to exceed expenditures. Mr. Wick's remarks included mention of
  the fact that the Company's  officers have been  deferring  significant  current
  cash compensation this year to help cash flow.
  
  The  Company's  financial  statements  continue to state,  in part,  that if the
  realization of significant revenue is further delayed, additional capital may be
  necessary to fund operations and that there is no assurance that such additional
  capital will be available or, if available, can be obtained on favorable terms.
  
  Sonex Research,  Inc., a leader in the field of combustion  technology,  has its
  Sonex Combustion  System (SCS)  technology  protected by numerous patents issued
  and pending  worldwide.  The Company is pursuing  licensing  agreements  for the
  marketing, manufacture and sale of diesel truck engine pistons incorporating its
  patented  technology for the reduction of emissions in vehicular direct injected
  turbocharged  diesel engines,  and has conducted  demonstration  and development
  programs with some of the world's largest diesel engine manufacturers. Other SCS
  designs are being used to convert small  gasoline  engines to heavy fuel use for
  military and commercial applications.
  
  
  Caution Regarding Forward-Looking Statements
  
  This  announcement,  as well as all  publicly  disseminated  material  about the
  Company, contains information in the form of "forward-looking" statements within
  the meaning of the Private Securities  Litigation Act of 1995 (the "Act").  Such
  statements  are  based  on  current  expectations,  estimates,  projections  and
  assumptions by management with respect to, among other things,  trends affecting
  the Company's  financial  condition or results of  operations  and the impact of
  competition.  Such  statements  are not  guarantees  of future  performance  and
  involve risks and uncertainties,  all of which are difficult to predict and many
  of which are beyond the control of the Company.  In order to obtain the benefits
  of the  "safe  harbor"  provisions  of the  Act  for  any  such  forward-looking
  statements,  the  Company  cautions  shareholders,   investors  and  prospective
  investors  about  significant  factors which,  among other things,  have in some
  cases  affected the  Company's  actual  results and are in the future  likely to
  affect the Company's  actual  results and cause them to differ  materially  from
  those expressed in any such forward-looking statements. Accordingly, readers are
  cautioned  not to  place  undue  reliance  on such  forward-looking  statements.
  Shareholders,  investors and prospective investors should read this announcement
  in  conjunction  with the Company's most recent Annual Report on Form 10-KSB and
  Quarterly Report on Form 10-QSB.
  
  
  
  
  
  
  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.
  
  
  October 19, 2001
  
  
  
  SONEX RESEARCH, INC.
  Registrant
  
  
  /s/ George E. Ponticas
  ----------------------
  George E. Ponticas
  Chief Financial Officer
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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): October 19, 2001
  
                              SONEX RESEARCH, INC.
                (Exact name of registrant as specified in Charter)
  
           Maryland                  0-14465                52-1188993
        (State or other           (Commision file         (IRS employer
        jurisdiction of               number)           identification no.)
         incorporation)
  
                      23 Hudson Street, Annapolis, MD 21401
                     (Address of principal executive offices)
  
                                (410) 266-5556
               (Registrant's telephone number, including area code)
  
                                      N/A
           (Former name or former address, if changed since last report)
  
  ITEM 5. - OTHER EVENTS
  
       On October 19,  2001, Sonex  Research, Inc. (the  "Company") posted the
  following report on its website (www.sonexresearch.com):
  
                 SONEX RAISES CAPITAL; INVESTORS INCLUDE INSIDERS
  
  ANNAPOLIS,  MARYLAND,  September 27, 2001 - SONEX RESEARCH,  INC. (OTC BB: SONX)
  announced that a private financing initiated earlier this month by a small group
  of local  shareholders has been completed this week. The Company raised $112,500
  from the sale of  750,000  shares  of Common  Stock  sold in  twenty-five  units
  consisting of 30,000 shares each. No additional  convertible  securities such as
  warrants are being issued in connection with the investment.
  
  The  investors  included  Sonex  CEO  and  co-founder   Dr. Andrew  A.  Pouring,
  CFO George E.  Ponticas,  and director John H. Drewanz,  who joined the Board on
  October 1. The group's original goal was to provide $45,000 from the sale of ten
  units,  with the  majority of the funds to be  utilized to expand the  Company's
  marketing  activity  and to  increase  efforts to  conclude  strategic  business
  arrangements.  The amount of the  investment  above the  original  goal is being
  utilized  primarily to satisfy payables which include charges in connection with
  the recent annual report and proxy mailing and the  shareholder  meeting,  audit
  and legal fees,  patent  filing  fees,  consulting  fees,  unpaid  wages owed to
  employees and officers, and other charges.
  
  At the Annual Meeting of Shareholders held September 27, Sonex Chairman Myron A.
  "Mike" Wick, III, cautioned that while the Company has made significant progress
  in the past year,  its short-term  cash flow position  remains  tenuous  because
  revenues have yet to exceed expenditures. Mr. Wick's remarks included mention of
  the fact that the Company's  officers have been  deferring  significant  current
  cash compensation this year to help cash flow.
  
  The  Company's  financial  statements  continue to state,  in part,  that if the
  realization of significant revenue is further delayed, additional capital may be
  necessary to fund operations and that there is no assurance that such additional
  capital will be available or, if available, can be obtained on favorable terms.
  
  Sonex Research,  Inc., a leader in the field of combustion  technology,  has its
  Sonex Combustion  System (SCS)  technology  protected by numerous patents issued
  and pending  worldwide.  The Company is pursuing  licensing  agreements  for the
  marketing, manufacture and sale of diesel truck engine pistons incorporating its
  patented  technology for the reduction of emissions in vehicular direct injected
  turbocharged  diesel engines,  and has conducted  demonstration  and development
  programs with some of the world's largest diesel engine manufacturers. Other SCS
  designs are being used to convert small  gasoline  engines to heavy fuel use for
  military and commercial applications.
  
  Caution Regarding Forward-Looking Statements
  
  This  announcement,  as well as all  publicly  disseminated  material  about the
  Company, contains information in the form of "forward-looking" statements within
  the meaning of the Private Securities  Litigation Act of 1995 (the "Act").  Such
  statements  are  based  on  current  expectations,  estimates,  projections  and
  assumptions by management with respect to, among other things,  trends affecting
  the Company's  financial  condition or results of  operations  and the impact of
  competition.  Such  statements  are not  guarantees  of future  performance  and
  involve risks and uncertainties,  all of which are difficult to predict and many
  of which are beyond the control of the Company.  In order to obtain the benefits
  of the  "safe  harbor"  provisions  of the  Act  for  any  such  forward-looking
  statements,  the  Company  cautions  shareholders,   investors  and  prospective
  investors  about  significant  factors which,  among other things,  have in some
  cases  affected the  Company's  actual  results and are in the future  likely to
  affect the Company's  actual  results and cause them to differ  materially  from
  those expressed in any such forward-looking statements. Accordingly, readers are
  cautioned  not to  place  undue  reliance  on such  forward-looking  statements.
  Shareholders,  investors and prospective investors should read this announcement
  in  conjunction  with the Company's most recent Annual Report on Form 10-KSB and
  Quarterly Report on Form 10-QSB.
  
  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.
  
  October 19, 2001
  
  SONEX RESEARCH, INC.
  Registrant
  
  /s/ George E. Ponticas
  ----------------------
  George E. Ponticas
  Chief Financial Officer