8-K 1 a8-k062502.txt NOTICE OF MORTGAGE ON PROPERTY 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 June 11, 2002 ---------------- Date of Report (Date of Earliest Event Reported) IMAGING DIAGNOSTIC SYSTEMS, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Florida 0-26028 22-2671269 (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification Number) 6531 NW 18TH COURT PLANTATION, FL 33313 -------------------------------------------------- (Address of principal executive offices) (954) 581-9800 ----------------------------------------- (Registrant's telephone number) Item 2. Acquisition or Disposition of Assets On June 11, 2002, we borrowed $750,000 at an annual rate of 12% from a private investor secured by a first mortgage on our headquarters facility in Plantation, Florida. In connection with this loan, we paid a 5% loan commitment fee ($37,500) to the lender, Peter Wolofsky and a 2% placement fee ($15,000) to Knightsbridge Capital. Copies of the loan agreement, balloon promissory note and balloon mortgage are attached hereto as exhibit 99 and incorporated by reference. Item 7. Exhibits 10.51 Loan agreement, balloon promissory note and balloon mortgage between IDSI and Peter Wolofsky dated June 11, 2002 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. IMAGING DIAGNOSTIC SYSTEMS, INC. Dated: June 25, 2002 By: /s/ Allan L. Schwartz ------------------------- Executive Vice President Chief Financial Officer