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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. __________ )(1)
Procyon Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
742806 30 0
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(CUSIP Number)
Regina W. Anderson
1300 S. Highland Avenue
Clearwater, Florida 33756
(727) 447-2998
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 21, 2005
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(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or
13d-1(g), check the following box [_].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule
13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
CUSIP No. 742806 30 0
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Regina W. Anderson
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO - (PF as to 72,500 shares) and transfer to reporting person as
Administrator of Estate
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Florida, USA
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
3,423,000 Shares and 60,000 Options to Purcahse Shares
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
3,423,000 Shares and 60,000 Options to Purcahse Shares
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,483,000
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
43.2% assuming exercise of options
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN, OO - Individual and reporting as Administrator of Estate of John C.
Anderson
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 742806 30 0
________________________________________________________________________________
Item 1. Security and Issuer.
Procyon Corporation Common Stock and options to purchase Common Stock.
Procyon Corporation
1300 S. Highland Ave.
Clearwater, FL 33756
________________________________________________________________________________
Item 2. Identity and Background.
(a) Regina W. Anderson
(b) 1300 S. Highland Ave.
Clearwater, FL 33756
(c) CEO/President of Procyon Corporation
1300 S. Highland Ave.
Clearwater, FL 33756
(d) NO
(e) NO
(f) USA
________________________________________________________________________________
Item 3. Source and Amount of Funds or Other Consideration.
As to 3,350,500 shares and 60,000 options, no funds required. Reporting
person obtained beneficial ownership over such shares and options upon being
appointed Administrator for the Estate of John C. Anderson in accordance with
Mr. Anderson's will. As to 72,500 shares, they were purchased with personal
funds.
________________________________________________________________________________
Item 4. Purpose of Transaction.
Reporting obtained beneficial ownership of the 3,350,500 shares and 60,000
options as administrator of the Estate of John C. Anderson. These shares and
options are to be placed in a trust. The 72,500 shares were acquired for
investment purposes.
________________________________________________________________________________
Item 5. Interest in Securities of the Issuer.
(a) 3,423,000 common shares plus 60,000 common share options of 8,057,588
total shares common stock or 43.2%.
(b) 3,423,000 common shares, sole power to vote or direct the vote of and
60,000 share options, sole power to vote and to dispose or direct the
disposition of.
(c) None
(d) NA
(e) NA
________________________________________________________________________________
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None
________________________________________________________________________________
Item 7. Material to be Filed as Exhibits.
None
________________________________________________________________________________
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
July 12, 2006
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(Date)
/s/ Regina W. Anderson
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(Signature)
Regina W. Anderson - CEO / President
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(Name/Title)
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).