NATIONAL ADVERTISING GROUP INC
10-Q/A, 1998-11-06
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                                     FORM 1O-Q
                        SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549

                    Quarterly Report Under Section 13 or 15(d)
                      of the Securities Exchange Act of 1934

For Quarter Ended:                 September 30, 1997

Commission File Number:            0-19505


                          NATIONAL  ADVERTlSING GROUP, INC.
                (exact name of registrant as specified in its charter)


Florida                                   65-274107
(State or other jurisdiction of      (IRS Employer I.D. No.)
Incorporation of organization)


                  P.O. Box 403624, Miami Beach, Florida 33140
                   (Address of principal executive offices)

                                  (305) 535-9700
             (Registrant's telephone number, including area code)

           ________________________________________________________
  (former name, address and former fiscal year, if changed from last report)


Indicate by check mark whether the registrant (1) has 
filed all reports required to be filed by Section 13 or 
15(d) of the Securities and Exchange Act of 1934 during the 
preceding 12 months (or for such short period that the 
registrant was required to file such reports), and (2) has 
been subject to such filing requirements for the past 90 
days.
     $3
                    YES   X                NO


                        APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the 
issuer's classes of Common Stock, as of the latest 
practicable date.

As of September 30, 1997 there were 10,000,000 shares of 
Common Stock outstanding


                                    SIGNATURES

Pursuant to the requirements of the Securities Exchange 
Act of 1934, the registrant has duly caused this report to 
be signed on its behalf by the undersigned thereunto duly 
authorized.

                                       Registrant:

                                       NATIONAL ADVERTlSING GROUP, INC.





                                       By:___________________________
                                             JAMES CHOW
                                             President

Date:	May 26, 1998



        NAGI FINANCIAL DATA SCHEDULE 9-97 QTR

PERIOD TYPE            QUARTER
FISCAL YEAR END        DECEMBER 31, 1996
PERIOD END             SEPTEMBER  30, 1997
CASH                   0
SECURITIES             0
RECEIVABLES            0
ALLOWANCES             0
INVENTORY              0
CURRENT ASSETS         0
PP&F                   0
DEPRECIATION           0
TOTAL ASSETS           0
CURRENT LIABILITIES    0
BONDS                  0
PREFERRED MANDATORY    0
PREFERRED              0
COMMON                 9,400
OTHER SE               <9,400>
TOTAL LIABILITY AND
STOCKHOLDER EQUITY     0
SALES                  0
TOTAL REVENUES         0
CGS                    0
TOTAL COSTS            0
OTHER EXPENSES         0
LOSS PROVISION         0
INTEREST EXPENSE       0
INCOME PRETAX          0
INCOME TAX             0
INCOME CONTINUING      0
CHANGES                0
NET INCOME             0
EPS-PRIMARY            .00
EPS-DILUTED            .00




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