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 6-22-2000 Dynamic Homes, Inc. Exact Name of Registrant as Specified in its Charter Minnesota 08585 41-0960127 State or other jurisdiction Commission IRS Employer Identification Number 525 Roosevelt Ave, Detroit Lakes MN 56501 Address of Principal Executive Offices Zip Code Registrant's telephone number, including area code (218)-847-2611 Item 1. CHANGES IN CONTROL OF REGISTRANT. None Item 2. ACQUISITION OR DISPOSITION OF ASSETS. None Item 3. BANKRUPTCY OR RECEIVERSHIP. None Item 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT. None Item 5. OTHER MATERIALLY IMPORTANT EVENTS. On June 21, 2000, Registrant announced that it had signed a letter of intent dated June 20, 2000 to be acquired by an entity to be formed by three directors of Dynamic Homes, Inc. The three directors are Peter K. Pichetti, Ronald L. Gustafson, and Clyde R. Lund, Jr. The letter of intent was approved by a special committee of three persons who are independent of Dynamic Homes, Inc. and its directors. The pending all-cash transaction is valued at $2.55 per share. The press release announcing the transaction is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS None Item 7(c). EXHIBITS. 99.1 Press Release issued by Dynamic Homes, Inc. on June 21, 2000. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Registrant: Dynamic Homes, Inc. SCOTT D. LINDEMANN (President, CEO) Dated: June 22, 2000 EXHIBIT INDEX 99.1 Press Release issued by Dynamic Homes, Inc. on June 21, 2000