UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington., D.C. 20549
Form 1O-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
Ionic Fuel Technology, Inc.
(Exact name of issuer as specified in charter)
300 Delaware Avenue #1704, Wilmington, Delaware 19801-1622
(Address of principal executive offices)
Issuer's telephone number, including area code: (302) 427-5937
1. 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
2. Number of shares outstanding before the change: 5,400,000
3. Number of shares outstanding after the change: 6,171,837
4. Effective date of change: July 10, 1997
5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for
treasury, etc.) Distribution
Give brief description of transaction: Private placement of securities
under Regulation S
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 16, 1997 ___________________________
Douglas F. Johnston
Chairman
