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                       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):
                                  March 8, 2002



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


         Delaware                    1-11047                    22-2870438
  (State or other juris-           (Commission             (I.R.S. Employer ID
 diction of incorporation)         File Number)                   Number)




                    849 E Stanley Blvd, Livermore, CA. 94550
                    (Address of principal executive offices)



        Registrant's telephone number, including area code (925) 373-0374



                                 not applicable
          (Former name or former address, if changed since last report)


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Sparta Surgical Corporation

Form 8-K


ITEM 5 - OTHER EVENTS
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On February  21,  2002,  the Company  disclosed  it received a five days advance
notice of demand of payment of approximately $640,000 from Thomas F. Reiner Sr.,
("Reiner")  the  Company's  Chairman  and  CEO,  under  those  certain  Security
Agreements and Promissory  Notes ("Notes")  entered into with Reiner pursuant to
the May 23, 1997 Working  Capital Credit Facility  Agreement,  and as amended on
August 2, 2001 ("Reiner Loans").  The Security  Agreements and Notes are secured
by a first position security interest in all of the Company's assets in favor of
Reiner.  The  Company's  operations  continue  to be cash flow  negative  and it
further lacks any working  capital to pay off the Reiner  Loans.  The Company is
continually downsizing its operation by further consolidating various positions,
including sales, marketing and accounting  departments.  In addition, to further
reduce  operating  expenses,  at the sole option of Reiner,  the Company has not
paid a salary  to him  since  July  2001.  In order to  continue  the  Company's
operations, it will be necessary to obtain additional working capital as soon as
possible. On February 28, 2002, the Company was served with a Complaint filed by
Reiner,  Case#20204/802  in the Superior Court of California,  County of Almeda,
for  default  under the Notes and  Security  Agreements  pursuant  to a judicial
foreclosure. If the Company is unsuccessful in finalizing financing to repay the
Reiner Loans, the Company will lose all of its assets to Reiner.





                                    SIGNATURE

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.

                                         SPARTA SURGICAL CORPORATION
Date: March 8, 2002
                                         By  /s/     Thomas F. Reiner
                                         ---------------------------------------
                                         Thomas F. Reiner,
                                         Chairman of the Board,
                                         President and Chief Executive Officer