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
August 2, 2002
Date of Report
(Date of Earliest Event Reported)
Tech Laboratories, Inc.
(Exact name of Registrant as specified in its charter)
New Jersey 000-27592 22-1436279
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(State or other jurisdiction of (Commission (I.R.S. Employee
incorporation or organization) File No.) I.D. Number)
955 Belmont Avenue
North Haledon, New Jersey 07508
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(Address of principal executive (Zip Code)
offices
(973) 427-5333
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
Tech Laboratories, Inc. (the "Company") issued a press release on
August 2, 2002, announcing that an Event of Default occurred under its
outstanding 6.5% convertible promissory notes. As of July 31, 2002, the
outstanding principal and interest under the notes was $1,221,611. The Event of
Default occurred due to the fact that the waiver the Company had been granted by
the noteholders waiving any event of default under the notes, including the
requirement to have declared effective on or before June 29, 2002, the
registration statement covering the shares underlying the notes had expired
without the Company and the noteholders having reached a new agreement.
(c) EXHIBITS.
99.1 Press Release dated August 2, 2002.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
Tech Laboratories, Inc.
Date: August 6, 2002
By:/s/ Bernard M. Ciongoli
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Bernard M. Ciongoli, President