LEAK X ENVIRONMENTAL CORPORATION
10-K/A, 2000-08-14
ENGINEERING SERVICES
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                     U. S. SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549

                                     FORM 10-KSB


    X	   ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE
         SECURITIES EXCHANGE ACT OF 1934

                     For the Fiscal Year Ended December 31, 1999

          TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
          THE SECURITIES EXCHANGE ACT OF 1934

                                Commission File No. 0-17776

                            LEAK-X ENVIRONMENTAL CORPORATION
                    (Name of small business issuer in its charter)
                 Delaware                               23-2823596
          (State or other jurisdiction of    (I.R.S. Employer Identifi-
           incorporation or organization)             fication No.)

    790 East Market Street, Suite 270, West Chester, PA             19382
    (Address of principal executive offices)                     (Zip Code)

     Issuer's telephone number:  610-344-3380

    Securities registered under Section 12(b) of the Exchange Act: NONE
    Securities registered under Section 12(g) of the Exchange Act:

                        Common Stock, par value $.001 per share
                                     (Title of Class)

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past
90 days:
              Yes          X    No

Check if there is no disclosure of delinquent filers in response to Item 405
of Regulation S-B contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this
Form 10-KSB or any  amendment to this Form 10-KSB.       X

The Issuers's revenues for the fiscal year ended December 31, 1999 were
$3,667,171.

The aggregate market value of the Registrant's Common Stock held by
non-affiliates of the Registrant as of March 19, 2000 was approximately
$787,460.  On such date, the closing price of the Common Stock as quoted on
The OTC Bulletin Board was $0.375.

The Registrant had 990,126 shares of Common Stock outstanding as of
March 24, 2000.

The Annual Report to Stockholders for the year ended December 31, 1999
is incorporated by reference to Part I, Item 3; Part II, Items 5,6, and 7;
and Part III, Item 12 of the Form 10-KSB.

Transitional Small Business Disclosure Format:   Yes    X No


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