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): May 21, 2014 SCIENTIFIC INDUSTRIES, INC. _________________________________________________ (Exact name of registrant as specified in its charter) Delaware 000-6658 04-2217279 ___________ ____________ __________________ (State or other (Commission (IRS Employer No.) jurisdiction of File Number) incorporation) 70 Orville Drive Bohemia, New York 11716 __________________________________________________ (Address of principal executive offices) (631) 567-4700 __________________________________________________ Registrant's telephone number, including area code Not Applicable __________________________________________________ (Former name or former address, if changed since last report) ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT The Company's subsidiary, Altamira Industries Inc., has agreed to a one-year extension through June 30, 2015 of the employment Agreement of Brookman P. March, its President, on the same terms except that his base annual salary for the year ending June 30, 2015 will be increased from $135,000 to $140,000. ITEM 9.01 Financial Statements and Exhibits (a) and (b) not applicable (c) Exhibits Exhibit No. Exhibit ___________ _____________________________ 10A-1 Copy of Amendment to Employment Agreement between Altamira Instruments, Inc., and Brookman P. March SIGNATURE 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. SCIENTIFIC INDUSTRIES, INC. (Registrant) Date: May 22, 2014 By: /s/ Helena R. Santos ________________________ Helena R. Santos, President and Chief Executive Officer Officer