Item 3.02 Unregistered Sales of Equity Securities On October 28, 2009, subsequent to Form 8-K filed on September 17, 2009, the Company completed an additional private offering of convertible shares of Series E Preferred Stock. The proceeds, received by the Company from this October 28, 2009 offering was $308,000. 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. Date: October 28, 2009 ALANCO TECHNOLOGIES, INC. By: /s/ John A. Carlson -------------------- Chief Financial Officer </TEXT> </DOCUMENT>