Networks Electronic Corp – ‘15-12G’ on 10/26/99

On:  Tuesday, 10/26/99   ·   Accession #:  1011438-99-611   ·   File #:  0-01817

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Certification of Termination of Registration of a Class of Securities   —   Form 15
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 15-12G      Form 15                                                2      7K 

15-12G
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(G) OF  
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER 
SECTION 13 AND 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934.                   

                                          Commission File Number       000-01817
                                                                 ---------------

 NETWORKS ELECTRONIC CORP.
--------------------------------------------------------------------------------
(Exact Name of Registrant as specified in its charter)

9750 DE SOTO AVENUE, CHATSWORTH, CA 91311 (818) 341-0440
--------------------------------------------------------------------------------
(Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)

 COMMON STOCK, $0.25 PAR VALUE PER SHARE
--------------------------------------------------------------------------------
(Title of each class of securities covered by this Form)

NONE
--------------------------------------------------------------------------------
 Title of all other classes of securities for which a duty to file
 reports under section 13 (a) or 15 (d) remains)

      Please place an X in the box(es) to designate the appropriate provision(s)
relied upon to terminate or suspend the duty to file reports;                   

Rule 12g-4 (a) (1) (i)        [ x ]      Rule 12h-3 (b) (1) (ii)      [   ]     
Rule 12g-4 (a) (1) (ii)       [   ]      Rule 12h-3 (b) (2) (i)       [   ]     
Rule 12g-4 (a) (2) (i)        [   ]      Rule 12h-3 (b) (2) (ii)      [   ]     
Rule 12g-4 (a) (2) (ii)       [   ]      Rule 15d-6                   [   ]     
Rule 12h-3 (b) (1) (i)        [ x ]                                             

15-12G
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Approximate number of holders of record as of the certification or  
notice date:  ONE                                                               
---                                                 

Pursuant to the requirements of the Securities Exchange Act of 1934,
Networks Electronic Corp. has caused this certification/notice to be signed on  
its behalf by the undersigned duly authorized person.                           

DATE:       OCTOBER 19, 1999           BY:   /S/ DAVID WACHTEL                  
------------------------------       -----------------------------    
                               CEO and President

Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the       
General Rules and Regulations under the Securities Exchange Act of 1934. The    
registrant shall file with the Commission three copies of Form 15, one of which 
shall be manually signed. It may be signed by an officer of the registrant, by  
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.                 

CH02/22024282.1                                                                 

Dates Referenced Herein

				Referenced-On Page
This ‘15-12G’ Filing		Date		First		Last			Other Filings
Filed on:		10/26/99							None on these Dates
		10/19/99		2
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