ALAND Alanco Technologies Inc. (MM)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

 0-9437
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 (Commission File No.)

 ARIZONA 86-0220694
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(State of other jurisdiction( (IRS Employer Identification No.)

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 (see General Instruction A.2. below):

( ) Written communication 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))

Item 3.03 Material Modification to Rights of Security Holders

The Board of Directors of Alanco Technologies, Inc. elected to effect a 1 for 8 reverse stock split effective August 27, 2010 pursuant to the attached press release.

Item 9.01

Exhibit 99.1 August 26, 2010 press release entitled "Alanco Announces 1 for 8 Reverse Stock Split - Effective August 27, 2010."

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.

SIGNATURES

Date: August 31, 2010 By: /s/John A Carlson
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 Chief Financial Officer

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