SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 May 3, 2002 (Date of earliest event reported) ALLERGY RESEARCH GROUP, INC. (Exact Name of Registrant as Specified in its Charter) Florida 0-27227 13-3940486 (State or Other (Commission (IRS Employer Jurisdiction of File Number) Identification Incorporation) Number) 30806 Santana Street, Hayward, California 94544 (Address of Principal Offices, including zip code) (800) 545-9960 (Registrant's telephone number, including area code) Item 5. Other Events Buyback Program On May 3, 2002, Allergy Research Group, Inc. ("Registrant) issued a press release announcing a stock repurchase program. Registrant has authorization to repurchase between 1,000,000 and 2,500,000 shares of common stock as part of its share repurchase program. Based on the closing price of the Registrant's common stock on May 1, 2002, aggregate purchases would be approximately $120,000 to $300,000. The program will allow Registrant to repurchase shares from time to time in open market transactions over the next two (2) years. The timing and terms of the purchases will be determined by management based on market and business conditions at the time, subject to Rule 10b-18 and other applicable securities laws. In addition, the Registrant's Chief Executive Officer, Dr. Stephen A. Levine, and Secretary, Susan Levine, have indicated an intention to make repurchases of approximately 1,000,000 shares of the Registrant's common stock under the Rule 10b-18 guidelines, as well as Section 16(a) restrictions on insider trading. A copy of the press release is attached as an exhibit to this Current Report on Form 8-K. Item 7. Exhibits 99.1 Press Release, dated May 3, 2002. 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. ALLERGY RESEARCH GROUP, INC. Dated: May 3, 2002 By: /s/ Stephen A. Levine ------------------------ Name: Stephen A. Levine Title: Chief Executive Officer