SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
Report by Issuer of Securities Quoted on NASDAQ
Interdealer Quotation System
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
EASTCO INDUSTRIAL SAFETY CORP.
(Exact name of issuer as specified in charter)
130 West 10th Street, Huntington Station, New York 11746
(Address of principal executive offices)
Issuer's telephone number, including area code (516) 427-1802
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of security: Common Stock $.12 par value
2. Number of shares outstanding before the change: 3,664,883
3. Number of shares outstanding after the change: 7,654,883
4. Effective date of change: June 28, 1996
5. Method of change: Issuance of Shares
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
Give brief description of transaction:
Issuance of 3,990,000 shares pursuant to a Private Placement Offering
Date: June 28, 1996 EASTCO INDUSTRIAL SAFETY CORP.
By: /s/ ANTHONY P. TOWELL
____________________________
Anthony P. Towell - Secretary
