Litigation    Release    No.      16108    /    April   7,   1999


          SECURITIES   AND  EXCHANGE  COMMISSION   V.   ALPHA   DIVERSIFIED
          INDUSTRIES, INC.,  RALPH W. LEBLANC, AND ROBERT M. BINGHAM, Civil
          Action No. 97-2814, Section B (E.D. La.)

               The Securities  and  Exchange  Commission  announced that on
          March  26, 1999, the Honorable Ivan L.R. Lemelle,  United  States
          District  Judge  for  the Eastern District of Louisiana entered a
          final judgment of permanent  injunction  and other relief against
          Alpha Diversified Industries, Inc. (Alpha)  and  Ralph W. LeBlanc
          (LeBlanc).   The  judgment  permanently enjoined both  defendants
          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.  Alpha and LeBlanc were ordered to pay disgorgement in the
          amounts  of  $577,641  and  $161,403,  respectively.   Payment of
          disgorgement,   however,   was  waived  based  upon  Alpha’s  and
          LeBlanc’s sworn showings of  inability  to  pay.   Moreover,  the
          Court did not order LeBlanc to pay a civil penalty because of his
          demonstrated  inability  to  pay.  Alpha and LeBlanc consented to
          the entry of the judgment.

               In  addition,  Judge  Lemelle   entered   a  separate  order
          regarding  disgorgement  and  civil  penalty  against  Robert  M.
          Bingham (Bingham), who had previously consented to the entry of a
          permanent injunction.  Bingham was ordered to pay disgorgement in
          the amount of $40,995.  Payment was waived based  upon  Bingham’s
          demonstrated  inability to pay.  For that same reason, the  Court
          did not impose  a  civil penalty.  Bingham consented to the entry
          of the order.

               The  complaint,   which  was  filed  by  the  Commission  on
          September 10, 1997, alleged that from March 1991 through February
          1996, these defendants offered  and sold over 4 million shares of
          Alpha common stock to more than 85  investors  in  over  a  dozen
          states  for  approximately  $567,000.   The defendants sold these
          shares by misrepresenting, among other things,  Alpha's  business
          operations  and  its  expected  revenues,  the  value  of Alpha's
          patents,  and  that  federal  and state approval of the offerings
          were obtained.  The complaint further alleges that the defendants
          omitted  to  disclose  to  investors   various   material  facts,
          including  the  defendants'  earlier  failed  efforts to  promote
          Alpha's product and that most of the money coming into Alpha came
          from other investors and not from product sales.  (See Litigation
          Release No. 15493)