SPECTRX, INC.
 
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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): May 3, 2007 (May 9, 2007)

SPECTRX, INC.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)
0-22179
(Commission File Number)
58-2029543
(IRS Employer Identification No.)
 

4955 Avalon Ridge Pkwy, Suite 300
Norcross, Georgia

(Address of Principal Executive Offices)

 30071
(Zip Code)

Registrant's Telephone Number, Including Area Code:     (770) 242-8723


(Former Name or Former Address, if Changed Since Last Report)

 

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 :

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                                    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.
SIGNATURES


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

On May 3, 2007, the Company received written notification from NASD that the Company is delinquent in its reporting three times in a 24-month period under NASD Rule 6530(c) and is ineligible for quotation on the OTCBB for one year.  The Company has until May 9, 2007 to file an appeal of the NASD Staff's determination that the Company was delinquent.  The Company has no plans to appeal the NASD Staff's determination. 

The Company expects its common stock to be traded on the PinkSheets© quotation system under the ticker symbol SPRX.


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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.

    SPECTRX, INC.

 

   
/s/ MARK A. SAMUELS

    By:   Mark A. Samuels
        CEO & CFO
 
Date: May 9, 2007.