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                         SECURITIES AND EXCHANGE COMMISSION 
                                           

          LITIGATION RELEASE NO. 15025 / August 28, 1996
          Accounting and Auditing Enforcement Release No. 809

Securities and Exchange Commission v. Balance for Life, Inc.,
Richard K. Steele, Sr., Richard K. Steele, Jr., Peter C. Tosto,
and Marcia Ann Coppertino, D. Colo. Civil No. 95-D-2471.

   The Securities and Exchange Commission announced that on July
1, 1996, Judge Wiley Y. Daniel of the United States District
Court for the District of Colorado issued a Default Judgment
against Marcia Ann Coppertino of Redondo Beach, California
enjoining her from future violations of the antifraud provisions
of the federal securities laws.  Coppertino was ordered to pay
disgorgement of $14,753, prejudgment interest and a second tier
civil penalty of $50,000.

   The Commission's Amended Complaint alleges that, among other
things, Coppertino prepared false financial statements for
Balance for Life, Inc. (BFL) for 1992 and 1993, which overstated
the value of BFL's assets.  The 1992 financial statement falsely
stated that BFL had assets of $537,518 rather than listing assets
of approximately $124,000.  The 1993 financial statement falsely
stated that BFL had assets of $844,956 rather than listing assets
of approximately $230,294.  Coppertino represented that she had
audited BFL's financial statements, when in fact she had not
performed an audit and was not licensed as a Certified Public
Accountant.  Coppertino's financial statements were used in
connection with the sale of BFL's securities by other persons.

     Coppertino was enjoined from violating Section 17(a) of the
Securities Act of 1933, and Section 10(b) of the Securities
Exchange Act of 1934 and Rule 10b-5.