INTEK DIVERSIFIED CORP
10-C, 1995-08-01
PLASTICS PRODUCTS, NEC
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                        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 15-17 thereunder

                           INTEK DIVERSIFIED CORPORATION
                  (Exact name of issuer as specified in charter)

               970 West 190th Street, Suite 720, Torrance, CA  90502
                     (Address of principal executive offices)

Issuer's telephone number, including area code:  310-366-7335

                    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, $.01 par value
2.   Number of shares outstanding before the change:   9,594,831
3.   Number of shares outstanding after the change:   10,531,873
4.   Effective date of change:   July 31, 1995
5.   Method of change:
     Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.):  Issuance of
937,042 shares.
     Give brief description of transaction: Shares issued as payment for
equipment.

                           II.  CHANGE IN NAME OF ISSUER

1.   Name prior to change:
2.   Name after change:
3.   Effective date of charter amendment changing name:
4.   Date of shareholder approval of change, if required:


Date July 31, 1995            /s/ Steven L. Wasserman
     -------------            --------------------------------
                              Steven L. Wasserman, Secretary



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