==========================================START OF PAGE 1======



         UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Litigation Rel. No. 14943 / June 11, 1996
Accounting and Auditing Enforcement Release No. 792 / June 11,
1996

SEC v. SANI-TECH INDUSTRIES, INC., STANLEY J. WASSERMAN and
GERALD M. KUDLER C.A. 94-4535 (ADS) U.S.D.C., E.D.N.Y.

     The United States Securities and Exchange Commission
(Commission) announced that, on February 9, 1996, the Honorable
Arthur D. Spatt, United States District Judge for the Eastern
District of New York, entered a Final Judgment of Permanent
Injunction by Consent against Stanley J. Wasserman (Wasserman). 
The Final Judgment enjoins Wasserman from violations of Sections
5(a) and 5(c) of the Securities Act of 1933, and Section 10(b) of
the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, as
well as Rule 13b2-1.  Wasserman consented to the Final Judgment
without admitting or denying the allegations in the Commission's
Complaint, which was filed on September 27, 1994.  The Final
Judgment also bars Wasserman from serving as an officer or
director of a public company and orders disgorgement and
prejudgment interest in the amount of $213,437 but waives the
payment of the disgorgement and prejudgment interest and does not
impose civil penalties based on Wasserman's demonstrated
inability to pay. 

     The Complaint alleges that, among other things, Wasserman
sold millions of shares of Sani-Tech Industries, Inc. (Sani-Tech)
common stock while there was no registration statement in effect
or filed with the Commission and without complying with any of
the available exemptions from registration; made material
misrepresentations and omissions in various annual and quarterly
reports filed by Sani-Tech relating to Sani-Tech's financial
condition; falsified Sani-Tech's books and records; and
misappropriated funds from Sani-Tech.