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: April 12, 2007 KRONOS ADVANCED TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in Charter) NEVADA 000-30191 87-0440410 -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 464 COMMON STREET, SUITE 301, BELMONT, MASSACHUSETTS 02478 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (617) 364-5089 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 7.01 REGULATION FD DISCLOSURES The Company does not currently have sufficient financial resources to fund our operations, pay certain existing obligations or those of our subsidiary, including our payroll obligations. Therefore, we need substantial additional funds to continue these operations and pay our obligations. Should the financing we require to sustain our working capital needs be unavailable, or prohibitively expensive, we would be forced to curtail our business operations. The Company is in active discussions with an alternative funding source. We do not know at this time the potential outcome of these discussions. The Company is also in active discussions with potential marketing and distribution partners in the residential air purification market. These discussions are contingent upon the Company securing financing to support the Company's strategic objective of providing these customers product development services and finished product or component production. We would need substantial additional funds to provide product development and production to these partners. SIGNATURES 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. KRONOS ADVANCED TECHNOLOGIES, INC. Date: April 12, 2007 By: /s/ Daniel R. Dwight ------------------------------------------ Name: Daniel R. Dwight Its: Chief Executive Officer and President