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 of 1934
Date of Report (Date of earliest event reported) March 17, 2014
--------------
Microwave Filter Company, Inc.
(Exact Name of Registrant as Specified in Charter)
New York 0-10976 16-0928443
------------------------- ----------------------- -------------------
(State or Other Jurisdiction(Commission File Number) (IRS Employer
of Incorporation) Identification No.)
6743 Kinne Street, East Syracuse, New York 13057
------------------------------------------------ --------
(Address of Principal Executive Offices) (Zip Code)
(315) 438-4700
--------------
Registrant's telephone number, including area code
not applicable
------------------------------------------------------
(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 thefollowing provisions (See General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
1
Item 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
On March 13, 2014, KeyBank National Association ("KeyBank") informed
Microwave Filter Company, Inc. (the "Company") that the Company no longer
met KeyBank's credit granting criteria and therefore elected not to renew
the Company's Line of Credit. The Line of Credit consisted of a $750,000
Original Promissory Note dated May 8, 2003. The Company has never used
this line of credit. Management believes that its working capital
requirements for the foreseeable future will be met by its existing cash
balances and future cash flows from operations.
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.
Microwave Filter Company, Inc.
--------------------------------
(Registrant)
Dated: March 17, 2014 By: /s/ Carl F. Fahrenkrug
--------------------------------
Carl F. Fahrenkrug
President and Chief Executive Officer
2
