8-K

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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    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):  June 16, 2010

                            DYNATRONICS CORPORATION
             (Exact name of registrant as specified in its charter)

          Utah                        0-12697                  87-0398434
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(State or Other Jurisdiction     Commission File Number       (IRS Employer
     of Incorporation)                                    Identification Number)


                7030 Park Centre Dr., Salt Lake City, Utah 84121
              (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (801) 568-7000

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:

[ ] 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))






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Item 3.01.  Notice of Delisting or Failure to Satisfy a Continued Listing Rule
            or Standard; Transfer of Listing

On June 16, 2010, Dynatronics Corporation (the "Company") received a notice from
The Nasdaq Stock Market ("Nasdaq") stating that the minimum bid price of the
Company's common stock has been below $1.00 per share for 30 consecutive
business days and that the Company was therefore not in compliance with the
minimum bid price requirement for continued listing set forth in Marketplace
Rule 5550(a)(2).

Nasdaq stated in its letter that, in accordance with Marketplace Rule
5810(c)(3)(A), the Company has been provided an initial grace period of 180
calendar days, or until December 13, 2010, to regain compliance with the minimum
bid requirement. The letter also states that if at any time before December 13,
2010, the bid price of the Company's common stock closes at $1.00 per share or
more for a minimum of 10 consecutive business days, the Nasdaq staff will
provide written notification that the Company has achieved compliance with the
minimum bid requirement. At the close of the grace period, if the Company has
not regained compliance, it may be eligible for an additional grace period of
180 days, if it meets the initial listing standards, with the exception of bid
price, for The Nasdaq Capital Market. If it is not eligible for an additional
grace period, the Company will receive notification that its securities are
subject to delisting, and it may then appeal the delisting determination to a
Nasdaq Hearings Panel.

The Company intends to actively monitor the bid price for its common stock
between now and December 13, 2010, and will consider available options to
resolve the deficiency and regain compliance with the Nasdaq minimum bid price
requirement but has not yet determined to take any other action in response to
the notice.

On June 17, 2010, the Company issued a press release announcing the receipt of
the notice from Nasdaq. A copy of the press release is attached to this current
report as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.    Description
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99.1           Press release dated June 17, 2010.


                                   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.

                                         DYNATRONICS CORPORATION



                                         By: /s/ Kelvyn H. Cullimore, Jr.
                                         --------------------------------
                                         Kelvyn H. Cullimore, Jr.
                                         Chairman and President





Date:  June 17, 2010






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EX-99.1

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                                   Exhibit 99.1
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NEWS RELEASE
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Contact:    Bob Cardon, Dynatronics Corp.
            800-874-6251, or 801-568-7000

        Dynatronics Receives NASDAQ Minimum Bid Price Deficiency Letter
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      Salt Lake City, Utah (June 17, 2010) - Dynatronics Corporation (NASDAQ:
DYNT) today announced that the company has received a letter from NASDAQ stating
that for the last 30 consecutive business days, the bid price of its common
stock has closed below the minimum $1.00 per share requirement for continued
inclusion under NASDAQ's Marketplace Rules. As a result, the company will be
given 180 calendar days, or until December 13, 2010, to regain compliance. If,
at anytime before December 13, 2010, the bid price of the common stock closes at
$1.00 per share or more for a minimum of 10 consecutive business days, NASDAQ
will provide written notification that compliance has been regained.

      Dynatronics' management believes that it can regain compliance with
NASDAQ's minimum bid requirement.

      "Despite our positive growth in sales and profits over the past six
quarters, we have been negatively affected by the recent volatility in the stock
market that has pushed our stock price below the $1.00 minimum bid price
requirement," stated Kelvyn H. Cullimore Jr., chairman and president of
Dynatronics. "While there is little we can do about market volatility, we can
focus our efforts on the things we can control, such as accelerating the rate of
improvement in operations and profitability.

      "The recently announced 445% increase in pre-tax profits for the
nine-months ended March 31, 2010 is reflective of our enhanced marketing efforts
and strategic reductions in expenses," continued Cullimore. "There are
indications economic conditions are improving as evidenced by a strengthening
trend in sales of capital equipment. Capital equipment sales in this quarter
thus far are continuing the upward trend we saw start in the previous quarter.
In addition, the relationships we are building with large chains of clinics and
hospitals, national accounts and group purchasing organizations (GPOs), are
expected to increase profitability and help move us forward in a positive
direction, regardless of market volatility."

      Dynatronics manufactures, markets and distributes advanced-technology
medical devices, orthopedic soft goods and supplies, treatment tables and
rehabilitation equipment for the physical therapy, sports medicine,
chiropractic, podiatry, plastic surgery, dermatology and other related medical,
cosmetic and aesthetic markets. More information regarding Dynatronics is
available at www.dynatronics.com.

      This press release contains forward-looking statements. Those statements
include references to the company's expectations and similar statements. Actual
results may vary from the views expressed in the forward-looking statements
contained in this release. The development and sale of the company's products
are subject to a number of risks and uncertainties, including, but not limited
to, changes in the regulatory environment, competitive factors, inventory risks
due to shifts in market demand, market demand for the company's products,
availability of financing at cost effective rates, and the risk factors listed
from time to time in the company's SEC reports including, but not limited to,
the report on Form 10-K for the year ended June 30, 2009, and its subsequent
quarterly reports on Form 10-Q.




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