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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 15d-17 thereunder
Hitox Corporation of America
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(Exact name of issuer as specified in charter)
418 Peoples Street, Corpus Christi, Texas 78401
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(Address of principal executive offices)
Issuer's telephone number, including area code (512) 882-5175
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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 $.25 par value Common Stock ("Common Shares")
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2. Number of shares outstanding before the change 3,657,487
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3. Number of shares outstanding after the change 4,657,487
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4. Effective date of change June 25, 1996
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5. Method of change:
Specify method (such as merger, acquisition exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
stock sale
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Give brief description of transaction:
On June 25, 1996, the Company completed the sale of one million
shares of its common Stock in a private transaction to Syarikat Megawati, Sdn.
Bhd, for $4,000,000.
II. CHANGE IN NAME OF ISSUER
5. Name prior to change N/A
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6. Name after change
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7. Effective date of charter amendment changing name
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8. Date of shareholder approval of change, if required
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Date: July 2, 1996 /s/ Thomas A. Landshof
(Date) -----------------------
Thomas A. Landshof
President
(Officer's Signature and title)
