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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 MNn7RBf7IAK1pgqLgIgUuQ==

<SEC-DOCUMENT>0001005477-97-000786.txt : 19970317
<SEC-HEADER>0001005477-97-000786.hdr.sgml : 19970317
ACCESSION NUMBER:		0001005477-97-000786
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19970313
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		19970314
SROS:			NASD

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			U S OPPORTUNITY SEARCH INC
		CENTRAL INDEX KEY:			0000855683
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				133545623
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26284
		FILM NUMBER:		97557134

	BUSINESS ADDRESS:	
		STREET 1:		44 KEAN ROAD
		CITY:			SHORT HILLS
		STATE:			NJ
		ZIP:			07078
		BUSINESS PHONE:		2013793171

	MAIL ADDRESS:	
		STREET 1:		44 KEAN ROAD
		CITY:			SHORT HILLS
		STATE:			NJ
		ZIP:			07078
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>FORM 8-K
<TEXT>


                       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 (Date of earliest event reported) March 13, 1997

                            MILESTONE SCIENTIFIC INC.
                            -------------------------
             (Exact name of Registrant as specified in its charter)

          Delaware                    0-26284                    13-3545623
          --------                    -------                    ----------
(State or other jurisdiction        (Commission                (IRS Employer
       of incorporation)            File Number)             Identification No.


                   44 Kean Road, Short Hills, New Jersey 07078
               (Address of principal executive office) (Zip Code)

        Registrant's telephone number, including area code (201) 379-3171

                          U.S. Opportunity Search, Inc.
                          -----------------------------
          (Former name or former address, if changed since last report)
<PAGE>

Item 5.  Other Events.

     On March 13, 1997, the Registrant issued a press release, in the form
annexed hereto as Exhibit A.



Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

     (c) Exhibits:

         Exhibit A: Press Release of the Registrant, dated March 14, 1997.



                                   SIGNATURES

     Pursuant to the requirements of Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned, hereunto duly authorized.


                                 MILESTONE SCIENTIFIC INC.

                                 By: /s/ Leonard Osser
                                         Leonard Osser,
                                         President, Chief Executive Officer and
                                         Chief Financial and Accounting Officer

Dated:  March 14, 1997


                                       2
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<DESCRIPTION>PRESS RELEASE
<TEXT>


                                    EXHIBIT A

FOR IMMEDIATE RELEASE                                   Contact: S.B. Elliott
                                                            tel: (212) 290-1515

                         MILESTONE SCIENTIFIC COMPLETES
                               PRIVATE PLACEMENT

         Short Hills, N.J. March 14 - Milestone Scientific Inc. (NASDAQ :
"Wand") today announced that yesterday, after the close of business, it
consummated a private placement of unregistered securities through a Placement
Agent. Milestone received gross proceeds of $4,022,500 for 852,262 Units, each
consisting of one share of Common Stock and one Common Stock Purchase Warrant
exercisable at $4.72 per share. Under the terms of the offering, Milestone is
required to file a registration statement for the securities by April 30, 1997.
The private placement was over subscribed and Milestone accepted subscriptions
for somewhat more than the maximum number of Units offered. The Placement Agent
received customary cash fees and a warrant to purchase 85,226 Units at $4.72 per
Unit.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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