Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

SPEER FOUNDATION

2. Date of Event Requiring Statement (MM/DD/YYYY) 7/1/2017

3. Issuer Name and Ticker or Trading Symbol

PROCYON CORP [PCYN]

(Last) (First) (Middle)

2535 SUCCESS DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director ___X___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

ODESSA, FL 33556

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1600000	D ⁽¹⁾⁽²⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:
(1)	The Roy M. Speer Foundation transferred all of its assets, including its shares of Procyon, to the Speer Foundation on July 1, 2017. This Form 3 is being filed late due to administrative oversight.
(2)	The reported securities are owned directly by the Speer Foundation (the "Foundation"). Lynnda L. Speer and Richard M. Speer indirectly own the reported securities due to their respective roles as co-trustees of the Foundation.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SPEER FOUNDATION 2535 SUCCESS DRIVE ODESSA, FL 33556		X
Speer Lynnda L 2535 SUCCESS DRIVE ODESSA, FL 33556		X
Speer Richard M. 2535 SUCCESS DRIVE ODESSA, FL 33556		X

Signatures
/s/ Lynnda L. Speer, as Trustee		5/4/2020
^**Signature of Reporting Person		Date
/s/ Richard M. Speer, as Trustee		5/4/2020
^**Signature of Reporting Person		Date
/s/ Lynnda L. Speer		5/4/2020
^**Signature of Reporting Person		Date
/s/ Richard M. Speer		5/4/2020
^**Signature of Reporting Person		Date