<SEC-DOCUMENT>0000000000-20-004911.txt : 20200715
<SEC-HEADER>0000000000-20-004911.hdr.sgml : 20200715
<ACCEPTANCE-DATETIME>20200602161703
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-20-004911
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20200602

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MILESTONE SCIENTIFIC INC.
		CENTRAL INDEX KEY:			0000855683
		STANDARD INDUSTRIAL CLASSIFICATION:	ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
		IRS NUMBER:				133545623
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		220 SOUTH ORANGE AVENUE
		CITY:			LIVINGSTON
		STATE:			NJ
		ZIP:			07039
		BUSINESS PHONE:		(973) 535-2717

	MAIL ADDRESS:	
		STREET 1:		220 SOUTH ORANGE AVENUE
		CITY:			LIVINGSTON
		STATE:			NJ
		ZIP:			07039

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MILESTONE SCIENTIFIC INC/NJ
		DATE OF NAME CHANGE:	19970409

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	U S OPPORTUNITY SEARCH INC
		DATE OF NAME CHANGE:	19920703
PUBLIC REFERENCE ACCESSION NUMBER:		0001437749-20-006563
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
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<TEXT>
United States securities and exchange commission logo





                            June 2, 2020

       Joseph D'Agostino
       Chief Financial Officer
       Milestone Scientific Inc.
       425 Eagle Rock Avenue, Suite 403
       Roseland, NJ 07068

                                                        Re: Milestone
Scientific Inc.
                                                            Form 10-K for the
Fiscal Year Ended December 31, 2019
                                                            Filed March 30,
2020
                                                            File No. 001-14053

       Dear Mr. D'Agostino:

              We have limited our review of your filing to the financial
statements and related
       disclosures and have the following comments. In some of our comments, we
may ask you to
       provide us with information so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to these comments, we may have additional comments.

       Form 10-K for the Fiscal Year Ended December 31, 2019

       NOTE C - Summary of Significant Accounting Policies
       8. Inventories, page F-10

   1.                                                   We note here and on
page F-13 that you record inventory net of a valuation allowance for
                                                        slow moving and
defective inventory. Clarify for us whether you maintain an inventory
                                                        valuation allowance
through which subsequent recoveries are recorded, and explain how
                                                        that is consistent with
the guidance noted in SAB Topic 5.BB and ASC 330-10-35-14.
                                                        Otherwise, revise
future filings to clarify your disclosures referencing an inventory
                                                        valuation allowance.
 Joseph D'Agostino
Milestone Scientific Inc.
June 2, 2020
Page 2
Note F - Investments in and Transactions with Unconsolidated Subsidiaries
Equity Method Disclosures, page F-14

2.       We note the summarized financial information of Milestone China is
unaudited. Please
         tell us your basis for including this information on an unaudited
basis, including any
         authoritative literature upon which you are relying.
Note M - Segment and Geographic Data, page F-23

3.       Please revise future filings to disclose the specific types of
material amounts included in
         the Corporate caption and not allocated to the reportable segments'
loss and assets for each
         period presented. Refer to ASC paragraphs 280-10-50-29(b) and (c).
4.       For domestic sales, you combine US and Canada. Please revise future
filings to
         separately disclose revenues from your country of domicile. Refer to
ASC 280-10-50-
         41(a).
       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

       Please contact Eric Atallah at (202) 551-3663 or Lynn Dicker, Senior
Accountant, at
(202) 551-3616 with any questions.



FirstName LastNameJoseph D'Agostino                            Sincerely,
Comapany NameMilestone Scientific Inc.
                                                               Division of
Corporation Finance
June 2, 2020 Page 2                                            Office of Life
Sciences
FirstName LastName
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