On August 7, 2009, ADCO Surgical Supply, Inc. (ADCO) (a wholly-owned subsidiary of Nyer Medical Group, Inc.) received an email notice from GH Doane Inc. (Doane) that Doane was terminating the contract dated June 26, 2009 pursuant to which ADCO had agreed to sell, and Doane had agreed to purchase, the property located at 1292 Hammond Street, Bangor, Maine (Property) for a purchase price of $900,000, due to failure to satisfy a contingency in the contract. The parties renegotiated the contract and on August 7, 2009, ADCO and Doane entered into a Contract for Sale of Real Estate pursuant to which ADCO agreed to sell, and Doane agreed to purchase, the Property for a purchase price of $830,000. The closing of the sale is subject to closing conditions, including an environmental assessment of the property and obtaining of financing by Doane. In addition, ADCO must obtain the consent of the lender that has a security interest in the property. The Sale Agreement is attached as Exhibit 10.1 to this Form 8-K and incorporated herein by reference.

(d) Exhibits.

Exhibit
Number       Exhibit Description

10.1         Contract for Sale of Real Estate dated August 7, 2009 by
             and between ADCO Surgical Supply, Inc. and GH Doane Inc.