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): December 3, 1998
  
  
                         ----------------------------------
  
  
                                Positron Corporation
               (Exact name of Registrant as specified in its charter)
  
  
  
  Texas                               0-24092                           76-0083622
  (State or other             (Commission File Number)            (I.R.S. Employer
  jurisdiction of                                           Identification Number)
  incorporation)                            
  
  
                              1304 Langham Creek Drive
                                      Suite 310
                                Houston, Texas 77084
                      (Address of principal executive offices)
  
  
         Registrant's telephone number, including area code: (281) 492-7100
  
                                         N/A
                    (former address if changed since last report)
  
  <PAGE>
  Item 5.  Other Events
  
           The press  release  dated  December  4, 1998 that is filed  herewith as
  Exhibit 99.1 is incorporated herein by reference.
  
  
  Item 7.  Financial Statements and Exhibits
  
  (c)      Exhibits
  
           *99.1     Press Release of Positron Corporation dated December 4, 1998.
  
  *Filed herewith
  
  
                                          2
  <PAGE>
                                     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.
  
  
  
                                                  POSITRON CORPORATION
  
  
  Date:  December 4, 1998                         By:  /s/ Gary B. Wood
                                                  --------------------------------
                                                  Gary B. Wood, Ph.D.
  
  Title:                                          Chairman of the Board, President
                                                  and Chief Executive Officer
  <PAGE>
                                  INDEX TO EXHIBITS
  
  
     Exhibit
     Number
  
     *99.1 Press Release of Positron Corporation dated December 4, 1998.
  
  
  *Filed herewith
  <PAGE>
                                                                      EXHIBIT 99.1
  
                                POSITRON CORPORATION
  
  
  IMMEDIATE RELEASE                               CONTACT: Gary B. Wood, Ph.D.
                                                           Chairman of the Board,
                                                           President and 
                                                           Chief Executive Officer
                                                           (281) 492-7100
  
  
  
                            WARRANT EXPIRATION ANNOUNCED
  
  
  Dallas, Texas -- December 4, 1998 -- Positron  Corporation  announced today that
  its redeemable warrants to purchase Positron  Corporation's common stock expired
  yesterday, December 3, 1998. Prior to the close of business on December 3, 1998,
  the redeemable warrants were exercisable for an aggregate of 5,646,798 shares of
  Positron's  common stock at an exercise price of $5.60 per share. The last trade
  of  the  redeemable  warrants  (POSCW)  occurred  on  December  1,  1998  on the
  Over-The-Counter Bulletin Board for a price of $0.001 per warrant.
  
  Founded in 1983, Positron designs,  manufactures,  markets and services advanced
  medical imaging devices utilizing positron emission tomography  technology under
  the trade name POSICAM(TM)  Systems.  Positron's  common stock is traded as POSC
  (Over-The-Counter Bulletin Board).
  
  
  
  
                                        -xxx-
  
  
  
  
  
                                Positron Corporation
                              1304 Langham Creek Drive
                                      Suite 310
                                Houston, Texas 77084
                                   (281) 492-7100
                                (281) 492-2961 (Fax)
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 4313}]
metadata_filer: {"company-data": {"conformed-name": "POSITRON CORP", "cik": "0000844985", "assigned-sic": "3845", "irs-number": "760083622", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-24092", "film-number": "98764137"}, "business-address": {"street1": "1304 LANGHAM CREEK DRIVE, SUITE 310", "city": "HOUSTON", "state": "TX", "zip": "77084", "phone": "281-491-7200"}, "mail-address": {"street1": "1304 LANGHAM CREEK DRIVE, SUITE 310", "city": "HOUSTON", "state": "TX", "zip": "77084"}}
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): December 3, 1998
  
                         ----------------------------------
  
                                Positron Corporation
               (Exact name of Registrant as specified in its charter)
  
  Texas                               0-24092                           76-0083622
  (State or other             (Commission File Number)            (I.R.S. Employer
  jurisdiction of                                           Identification Number)
  incorporation)                            
  
                              1304 Langham Creek Drive
                                      Suite 310
                                Houston, Texas 77084
                      (Address of principal executive offices)
  
         Registrant's telephone number, including area code: (281) 492-7100
  
                                         N/A
                    (former address if changed since last report)
  Item 5.  Other Events
  
           The press  release  dated  December  4, 1998 that is filed  herewith as
  Exhibit 99.1 is incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
  (c)      Exhibits
  
           *99.1     Press Release of Positron Corporation dated December 4, 1998.
  
  *Filed herewith
  
                                          2
  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.
  
                                                  POSITRON CORPORATION
  
  Date:  December 4, 1998                         By:  /s/ Gary B. Wood
                                                  --------------------------------
                                                  Gary B. Wood, Ph.D.
  
  Title:                                          Chairman of the Board, President
                                                  and Chief Executive Officer
  INDEX TO EXHIBITS
  
     Exhibit
     Number
  
     *99.1 Press Release of Positron Corporation dated December 4, 1998.
  
  *Filed herewith
  EXHIBIT 99.1
  
                                POSITRON CORPORATION
  
  IMMEDIATE RELEASE                               CONTACT: Gary B. Wood, Ph.D.
                                                           Chairman of the Board,
                                                           President and 
                                                           Chief Executive Officer
                                                           (281) 492-7100
  
                            WARRANT EXPIRATION ANNOUNCED
  
  Dallas, Texas -- December 4, 1998 -- Positron  Corporation  announced today that
  its redeemable warrants to purchase Positron  Corporation's common stock expired
  yesterday, December 3, 1998. Prior to the close of business on December 3, 1998,
  the redeemable warrants were exercisable for an aggregate of 5,646,798 shares of
  Positron's  common stock at an exercise price of $5.60 per share. The last trade
  of  the  redeemable  warrants  (POSCW)  occurred  on  December  1,  1998  on the
  Over-The-Counter Bulletin Board for a price of $0.001 per warrant.
  
  Founded in 1983, Positron designs,  manufactures,  markets and services advanced
  medical imaging devices utilizing positron emission tomography  technology under
  the trade name POSICAM(TM)  Systems.  Positron's  common stock is traded as POSC
  (Over-The-Counter Bulletin Board).
  
                                        -xxx-
  
                                Positron Corporation
                              1304 Langham Creek Drive
                                      Suite 310
                                Houston, Texas 77084
                                   (281) 492-7100
                                (281) 492-2961 (Fax)