UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

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

~~Date~~The ofSecurities ~~Report~~Exchange ~~(date~~Act of ~~earliest event reported): October 3, 2016~~1934

~~ALANCO~~November ~~TECHNOLOGIES~~17, ~~INC. (Exact name of registrant as specified in its charter)~~2016

ARIZONA	0-9437	86-0220694
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

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~~7950 E. ACOMA DRIVE, SUITE 111 SCOTTSDALE, AZ 85260~~ (~~Address~~Date of ~~principal executive offices and zip code~~Report) ~~Registrant’s telephone number, including area code: 480-607-1010 (Former name or former address, if changed since last report)~~

~~Check~~ALANCO ~~the~~TECHNOLOGIES, ~~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~~INC.~~2 below):~~

~~☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)~~-------------------------

☐(Exact ~~Soliciting~~name ~~material~~of ~~pursuant~~Registrant toas ~~Rule~~specified ~~14a-12~~in ~~under~~its ~~the Exchange Act (17 CFR 240.14a-12~~charter)

~~☐ Pre~~0-~~commencement communications pursuant to Rule 14d-2(b) under The Exchange Act (17 CFR 240.14d-2(b))~~9437

~~☐ Pre~~-~~commencement communications pursuant to Rule 13e~~-~~4(c) under The Exchange Act (17 CFR 240.13e~~-~~4(c))~~------

~~Item~~(Commission ~~8.01~~File ~~Other Events~~No.)

~~On September 28, 2016, the Company issued a press release announcing that it's wholly~~ARIZONA 86-~~owned subsidiary, Alanco Behavioral Health, Inc., executed a binding Letter of Intent to acquire Bella Monte Recovery LLC. A copy of the press release is attached hereto as Exhibit 99.1.~~0220694

~~Item 9.01 Financial Statements and Exhibits~~--------------------------- ---------------------------------

~~99.1 Press~~(State ~~Release~~or ~~dated~~other ~~September~~jurisdiction) (IRS ~~28,~~Employer ~~2016~~Identification No.)

7950 E. ACOMA DRIVE, SUITE 111, SCOTTSDALE, ARIZONA 85260

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(Address of Principal Executive Office) (Zip Code)

(480) 607-1010

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(Registrant's telephone number, including area code)

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 1.01 Entry into a Material Definitive Agreement

Item 2.03 Creation of a Direct Financial Obligation

On November 14, 2016, the Company executed an Amended and Restated Loan Agreement increasing its credit limit to $750,000 from $500,000 with the Anderson Family Trust, an entity controlled by Mr. Donald Anderson, a former director and longtime supporter of the Company.

Item 9.01 Financial Statement and Exhibits

99.1 Loan Agreement

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.

	Alanco Technologies, Inc.
Date: October 3, 2016	By:	/s/ John A. Carlson
	By:	/s/ John A. Carlson
		Name: John A. Carlson
		Title: Director, President & Chief Executive Officer
Date: November 17, 2016

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