SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

          (X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                 For the quarterly period ended October 31, 1999

                                       OR

          ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                        For the transition period from      to
                                                        ----------


   Commission File Number: 1-4338
                           ------

                              EAC INDUSTRIES, INC.
  -----------------------------------------------------------------------------


             (Exact name of registrant as specified in its charter)

         New York                                       21-0702336
-------------------------------            ------------------------------------
(State or other jurisdiction of            (I.R.S. Employer Identification No.)
incorporation or organization)

                    2111 CLARIDGE LANE, NORTHBROOK, IL 60062
-------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                 (847) 509-8657
-------------------------------------------------------------------------------
                (Issuer's telephone number, including area code)

Check whether the Issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days.  YES  X      NO
           ---

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

          Class                              Outstanding at October 31, 1999
--------------------------------------    -------------------------------------
Common Stock, par value $.10 per share              2,885,521 shares

<PAGE>

                                    - INDEX -



                                                                       PAGE(S)
                                                                       -------

PART I.   Financial Information:

ITEM 1.   Financial Statements

          Consolidated Condensed Balance Sheets - October 31, 1999
          (Unaudited) and January 31, 1999                                 3.

          Consolidated Condensed Statements of Operations (Unaudited) -
          Three and Nine Months Ended October 31, 1999 and 1998            4.

          Consolidated Condensed Statements of Cash Flows (Unaudited) -
          Nine Months Ended October 31, 1999 and 1998                      5.

          Notes to Interim Consolidated Condensed Financial Statements
          (Unaudited)                                                      6.


ITEM 2.   Management's Discussion and Analysis or Plan of Operation        8.


PART II.  Other Information                                               11.


SIGNATURES                                                                12.


EXHIBITS:

          Exhibit 27 - Financial Data Schedule

                                                                         Page 2.
<PAGE>


PART I.   FINANCIAL INFORMATION:

ITEM I.   FINANCIAL STATEMENTS:

                      EAC INDUSTRIES, INC. AND SUBSIDIARIES
                      -------------------------------------
                      CONSOLIDATED CONDENSED BALANCE SHEETS
                      -------------------------------------

                                   - ASSETS -
<TABLE>
<CAPTION>

                                                         OCTOBER 31,    January 31,
                                                             1999         1999
                                                         -----------    -----------
                                                         (UNAUDITED)
<S>                                                       <C>           <C>
CURRENT ASSETS:
    Cash ..............................................   $  623,688    $  467,910
    Notes and accounts receivable - net of allowance
     for doubtful accounts of $20,000 at October 31,
     and January 31, 1999, respectively ...............      155,651       180,161
    Inventories .......................................       78,684        60,041
    Prepaid expenses ..................................       29,934        20,878
    Due from buyer (Note 2) ...........................      110,000            --
    Net assets of discontinued operations (Note 2) ....           --       206,135
                                                          ----------     ---------

TOTAL CURRENT ASSETS ..................................      997,957       935,125
                                                          ----------     ---------

PROPERTY, PLANT AND EQUIPMENT, NET ....................      216,961       224,885
                                                          ----------     ---------

OTHER ASSETS:
    Due from buyer (Note 2) ...........................       60,000            --
    Costs in excess of net assets acquired - net ......      151,830       162,621
    Other assets ......................................        4,404         4,404
                                                          ----------    ----------
                                                             216,234       167,025
                                                          ----------    ----------
                                                          $1,431,152    $1,327,035
                                                          ==========    ==========

                    - LIABILITIES AND SHAREHOLDERS' EQUITY -

CURRENT LIABILITIES:
    Accounts payable ..................................   $  170,025    $  143,899
    Accrued expenses ..................................      264,332       319,353
    Long-term liabilities - current portion ...........       19,160        26,142
                                                          ----------    ----------

TOTAL CURRENT LIABILITIES .............................      453,517       489,394
                                                          ----------    ----------

LONG-TERM LIABILITIES - NET OF CURRENT PORTION ........      151,789       158,520
                                                          ----------    ----------

COMMITMENTS AND CONTINGENCIES  (NOTE 4)

SHAREHOLDERS' EQUITY:
    Common stock, $.10 par value; 20,000,000 shares
     authorized, 2,892,819 shares issued at
     October 31, and January 31, 1999 .................      289,282       289,282
    Capital in excess of par value ....................   10,546,048    10,546,048
    Accumulated deficit ...............................   (9,960,882)  (10,107,607)
                                                          ----------   -----------
                                                             874,448       727,723
    Less: Common stock in treasury, 7,298
          shares at cost at October 31, and
          January 31, 1999 ............................      (48,602)      (48,602)
                                                          ----------   -----------
                                                             825,846       679,121
                                                          ----------   -----------

                                                          $1,431,152   $ 1,327,035
                                                          ==========   ===========
</TABLE>

 The accompanying notes are an integral part of these consolidated statements.

                                                                         Page 3.

<PAGE>

                      EAC INDUSTRIES, INC. AND SUBSIDIARIES
                      -------------------------------------
                CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS
                -----------------------------------------------

                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                              For The Three Months          For The Nine Months
                                                                Ended October 31                October 31,
                                                          --------------------------    --------------------------
                                                              1999           1998           1999          1998
                                                          -----------    -----------    -----------    -----------
<S>                                                       <C>            <C>            <C>            <C>
NET SALES .............................................   $   384,620    $   362,802    $ 1,139,368    $ 1,141,673
                                                          -----------    -----------    -----------    -----------

COSTS AND EXPENSES:
    Cost of products sold .............................       238,960        252,416        726,319        796,907
    Selling, general and administrative expenses ......       161,395        207,561        479,501        593,542
                                                          -----------    -----------    -----------    -----------
TOTAL COSTS AND EXPENSES ..............................       400,355        459,977      1,205,820      1,390,449
                                                          -----------    -----------    -----------    -----------

OPERATING (LOSS) ......................................       (15,735)       (97,175)       (66,452)      (248,776)
                                                          -----------    -----------    -----------    -----------

OTHER INCOME (EXPENSES):
    Interest expense ..................................        (1,220)        (1,715)        (4,050)       (24,257)
    Interest and other income .........................        13,043          1,928         34,511          6,639
                                                          -----------    -----------    -----------    -----------
                                                               11,823            213         30,461        (17,618)
                                                          -----------    -----------    -----------    -----------

INCOME (LOSS) BEFORE INCOME TAXES .....................        (3,912)       (96,962)       (35,991)      (266,394)

    Income taxes, net of operating loss carryforward ..            --             --             --             --
                                                          -----------    -----------    -----------    -----------

INCOME (LOSS) FROM CONTINUING OPERATIONS ..............        (3,912)       (96,962)       (35,991)      (266,394)
                                                          -----------    -----------    -----------    -----------

DISCONTINUED OPERATIONS (NOTE 2):
    (Loss) from operations of discontinued subsidiaries
        - net of taxes ................................       (22,766)       (29,964)       (57,502)      (131,029)
    Gain on disposal of operating assets of
        discontinued subsidiary - net of taxes ........            --         56,505        240,218        289,505
                                                          -----------    -----------    -----------    -----------
                                                              (22,766)        26,541        182,716        158,476
                                                          -----------    -----------    -----------    -----------

NET INCOME (LOSS) .....................................   $   (26,678)   $   (70,421)   $   146,725    $  (107,918)
                                                          ===========    ===========    ===========    ===========

BASIC AND DILUTED INCOME (LOSS)
    PER SHARE (NOTE 3):
       Continuing operations ..........................   $        --    $      (.03)   $      (.01)   $      (.09)
       Discontinued operations ........................          (.01)           .01            .06            .05
                                                          -----------    -----------    -----------    -----------
                                                          $      (.01)   $      (.02)   $       .05    $      (.04)
                                                          ===========    ===========    ===========    ===========

WEIGHTED AVERAGE COMMON SHARES
    OUTSTANDING .......................................     2,885,521      2,885,521      2,885,521      2,846,147
                                                          ===========    ===========    ===========    ===========
</TABLE>

  The accompanying notes are an integral part of these consolidated statements.

                                                                         Page 4.
<PAGE>

                      EAC INDUSTRIES, INC. AND SUBSIDIARIES
                      -------------------------------------
                 CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
                 -----------------------------------------------

                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                                                For The Nine Months
                                                                  Ended October 31,
                                                                 1999          1998
                                                              ---------    --------

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS:
<S>                                                           <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
    Net income (loss) .....................................   $ 146,725    $(107,918)
    Adjustments to reconcile net income (loss) to
     cash used by operating activities:
       Depreciation and amortization ......................      35,098       42,431
       Gain on sale of assets .............................    (240,218)    (289,505)
    Change in assets and liabilities:
       Decrease in accounts and notes receivable ..........      24,510      143,520
       (Increase) in inventories ..........................     (18,643)     (15,852)
       Decrease (increase) in prepaid expenses and
          other assets ....................................       1,705       (5,629)
       (Decrease) in accounts payable, accrued expenses
          and accrued income taxes ........................     (12,552)    (113,435)
       Net cash flow from discontinued operations .........      13,123       70,110
                                                              ---------    ---------
         NET CASH (USED) BY OPERATING ACTIVITIES ..........     (50,252)    (276,278)
                                                              ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES:
    Proceeds from sale of assets ..........................     230,000      311,750
    Capital expenditures ..................................     (19,257)     (27,678)
                                                              ---------    ---------
        NET CASH PROVIDED BY INVESTING ACTIVITIES .........     210,743      284,072
                                                              ---------    ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
    Net proceeds from sale of common stock ................          --      101,019
    Payments of long-term debt ............................      (4,713)     (50,945)
                                                              ---------    ---------
        NET CASH (USED) PROVIDED BY FINANCING ACTIVITIES ..      (4,713)      50,074
                                                              ---------    ---------


NET INCREASE IN CASH AND CASH EQUIVALENTS .................     155,778       57,868

CASH AND CASH EQUIVALENTS, AT BEGINNING OF YEAR ...........     467,910      450,031
                                                              ---------    ---------

CASH AND CASH EQUIVALENTS, AT END OF PERIOD ...............   $ 623,688    $ 507,899
                                                              =========    =========
</TABLE>

 The accompanying notes are an integral part of these consolidated statements.

                                                                         Page 6.
<PAGE>
                      EAC INDUSTRIES, INC. AND SUBSIDIARIES
                      -------------------------------------
          NOTES TO INTERIM CONSOLIDATED CONDENSED FINANCIAL STATEMENTS
          ------------------------------------------------------------

                                   (UNAUDITED)


NOTE 1    -    BASIS OF PRESENTATION:

               In the opinion of management, the accompanying unaudited interim
               consolidated condensed financial statements of EAC Industries,
               Inc. (the "Company") and its subsidiaries, contain all
               adjustments necessary (consisting of normal recurring accruals
               or adjustments only) to present fairly the Company's financial
               position as of October 31,1999 and the results of its operations
               for the three and nine month periods ended October 31, 1999 and
               1998, and its cash flows for the nine month periods ended
               October 31, 1999 and 1998.

               The accounting policies followed by the Company are set forth in
               Note 3 to the Company's consolidated financial statements
               included in its Annual Report on Form 10-KSB/A for the year
               ended January 31, 1999, which is incorporated herein by
               reference. Specific reference is made to this report for a
               description of the Company's securities and the notes to
               consolidated financial statements.

               The results of operations for the three and nine month periods
               ended October 31, 1999 are not necessarily indicative of the
               results to be expected for the full year.


NOTE 2    -    DISCONTINUED OPERATIONS:

               On March 1, 1999, the Company completed the sale of the
               operating assets of Goodren Products Corporation ("Goodren") for
               a price of $400,000 plus the assumption of all trade payable
               liabilities. The payment terms are as follows: (i) $200,000 at
               closing, (ii) $30,000 to be paid 180 days after closing plus
               interest accrued at an annual rate of 7% (iii) $50,000 to be
               paid 360 days after closing plus interest accrued at an annual
               rate of 7%, (iv) $60,000 to be paid 540 days after closing plus
               interest accrued at an annual rate of 7% (v) $60,000 to be paid
               720 days after closing plus interest accrued at an annual rate
               of 7%.

               In June 1998, the Company completed the sale of substantially
               all of the assets of Goodren Label Corporation (formerly Athena
               Packaging Inc.) for an aggregate sale price of $277,000
               including inventory valued at the lower of cost or market. The
               full sales price was paid in cash at closing.

               Certain reclassifications have been made to the 1998 financial
               statements in order to conform to the 1999 presentation. These
               reclassifications relate to the disposition of assets as
               disclosed above.

               The accompanying financial statements have been presented to
               reflect the results of the discontinued subsidiaries separately.
               The following is a summary of the results of operations of
               Goodren and Athena for the periods ended October 31, 1999 and
               1998.

<TABLE>
<CAPTION>
                                                    For The Nine Months Ended
                                                            October 31,
                                                    -------------------------
                                                       1999          1998
                                                    ----------    ----------
               <S>                                  <C>           <C>
               Goodren Products Corp.:
                    Revenues ....................   $  181,928    $2,000,204
                    Income (loss) from operations      (36,546)       48,155
                    Gain on sale of assets ......      240,218            --
                    Net income ..................      203,672        48,155
                    Income per share ............   $      .07    $      .02

</TABLE>
                                                                         Page 7.
<PAGE>
                      EAC INDUSTRIES, INC. AND SUBSIDIARIES
                      -------------------------------------
          NOTES TO INTERIM CONSOLIDATED CONDENSED FINANCIAL STATEMENTS
          ------------------------------------------------------------
                                   (UNAUDITED)

NOTE 2    -    DISCONTINUED OPERATIONS (CONTINUED):

<TABLE>
<CAPTION>
                                                   For The Nine Months
                                                     Ended October 31,
                                                 ----------------------
                                                    1999         1998
                                                 ---------    ---------
               <S>                               <C>          <C>
               Goodren Label Corp. (Athena):
                    Revenues .................   $      --    $ 414,708
                    Loss from operations .....     (20,956)    (179,184)
                    Gain on sale of assets....          --      289,505
                    Net income (loss) ........     (20,956)     110,321
                    Income (loss) per share...   $    (.01)   $     .04
</TABLE>

NOTE 3    -    EARNINGS (LOSS) PER SHARE:

               Earnings per share has been computed on the basis of the
               weighted average number of common shares outstanding during each
               period presented, in accordance with the provisions of SFAS No.
               128.

NOTE 4    -    CONTINGENCY:

               Goodren withdrew from participating in the District 65 Union
               Pension Plan (the "Plan"), which withdrawal resulted in the
               assessment of a withdrawal liability owed to the Plan by
               Goodren. During the year ended January 31, 1995, the Company
               accrued a reserve for an estimated liability of $560,000 which
               counsel to the Company believed would be payable over a period
               of approximately 22 years beginning approximately one year from
               the withdrawal date. In March of 1996, the Company signed an
               agreement with the Plan whereby they would make quarterly
               payments of $7,548. At September 30, 1996, the Company and
               Goodren entered into a Settlement Agreement with the Trustees of
               the union pension plan whereby Goodren's pension fund liability
               was reduced to $360,000 payable in 80 equal quarterly payments
               of $8,752 including annual interest at a rate of 8%. In December
               1997, the Company entered into a Hardship Settlement Agreement
               with the Trustees whereby it was able to reduce its quarterly
               payments/obligations to $3,000 because of the Company's poor
               financial condition. However, the agreement provides that if the
               Company's financial condition should improve so that there would
               be no hardship in making future payments (i.e. payment of the
               withdrawal liability does not impede its ability to operate),
               then the Plan may terminate the Hardship Settlement and require
               the Company to make all payments due after the date of such
               improvement in accordance with the original Settlement
               Agreement. Should this occur, then the Company's quarterly
               payment would revert back to $8,752. The Company continues to
               make quarterly payments of $3,000.

                                                                         Page 7.
<PAGE>

ITEM 2.        MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION:

               INTRODUCTION:

               EAC Industries, Inc., the Company, is a holding company with
               currently one operating subsidiary, Flexible Printed Products,
               Inc. ("Flexible").  Flexible produces and prints on plastic,
               pre-cure, in-mold heat transfer labels for the identification
               and decoration of rubber and silicone hoses, belts and tire
               patches.

               In June 1998, the Company completed the sale of substantially all
               of the assets of Goodren Label Corporation (formerly Athena
               Packaging Inc.). Goodren Label Corporation ("Athena"), a wholly
               owned subsidiary of the Company, was in the business of producing
               printed, laminated, embossed and hot stamped labels, wraps, seals
               and decals for the cosmetics, pharmaceutical and health and
               beauty aids industries. The aggregate sales price of $277,000
               included inventory valued at the lower of cost or market.

               On March 1, 1999, the Company completed the sale of the operating
               assets of Goodren Products Corporation ("Goodren"), a
               wholly-owned subsidiary of the Company, for a price of $400,000
               plus the assumption of all trade payable liabilities. Goodren
               was in the business of designing and providing point-of-purchase
               advertising displays and wall decorations on semi-durable
               plastic.

               The financial information presented herein includes: (i)
               Consolidated condensed balance sheets as of October 31, 1999 and
               January 31, 1999; (ii) Consolidated condensed statements of
               operations for the three and nine month periods ended October 31,
               1999 and 1998 and (iii) Consolidated condensed statements of cash
               flows for the nine month periods ended October 31, 1999 and 1998.

               RESULTS OF CONTINUING OPERATIONS:

               Sales for the three-month period ended October 31, 1999 were
               $385,000 as compared to $363,000 for the comparable period of the
               prior year, reflecting an increase of $22,000 or 6.1%. Cost of
               sales as a percentage of sales was 62.1% for the three-month
               period ended October 31, 1999 as compared to 69.6% for the
               three-month period ended October 31, 1998. Sales for the
               nine-month period ended October 31, 1999 were $1,139,000 as
               compared to $1,142,000 for the comparable period of the prior
               year, reflecting a decrease of $3,000. Cost of sales as a
               percentage of sales was 63.7% for the nine-month period ended
               October 31, 1999 as compared to 69.8% for the nine-month period
               ended October 31, 1998. This decrease in cost of sales is a
               result of reductions in raw material and labor costs.

               Selling, general and administrative expenses decreased by $46,000
               and $114,000 when comparing the three and nine month periods
               ended October 31, 1999 and 1998. These decreases result from
               reductions in marketing costs as well as the implementation of
               various cost saving techniques initiated by management.

               For the three months ended October 31, 1999 the Company reflected
               a net loss from continuing operations of $3,912 compared to a net
               loss of $96,962 for the comparative period of the prior year. For
               the nine month periods ended October 31, 1999 and 1998, the
               Company reflected net losses from operations of $35,991 and
               $266,394, respectively. This decrease in the operating losses was
               primarily due to the reduced operating overhead as mentioned
               above.

                                                                         Page 8.
<PAGE>

               DISCONTINUED OPERATIONS:

               In June 1998, the Company completed the sale of substantially all
               of the assets of Goodren Label Corporation (formerly Athena
               Packaging Inc.) for an aggregate sales price of $277,000
               including inventory valued at the lower of cost or market. The
               gain recognized on the sale of these assets aggregated $289,505.
               On March 1, 1999, the Company completed the sale of the operating
               assets of Goodren Products Corporation ("Goodren") for a price of
               $400,000 plus the assumption of all trade payable liabilities.
               The Company realized a gain of $240,218 upon the sale of
               Goodren's assets. See Note 2 of Notes to the Consolidated
               Financial Statements for a further description of these
               transactions.

               For the nine month period ended October 31, 1999, Goodren and
               Athena reported a combined loss from operations of $57,502. The
               gain realized from the sale of the assets of Goodren during the
               current period aggregated $240,218. For the nine month period
               ended October 31, 1998, Goodren and Athena reported a combined
               operating loss of $131,029 and recognized a gain from the sale of
               equipment of $289,505.

               LIQUIDITY AND CAPITAL RESOURCES:

               At October 31, 1999, the Company's working capital was $544,000
               compared to working capital of $446,000 at its year ended January
               31, 1999. Cash amounted to $624,000 at October 31, 1999 compared
               to $468,000 at January 31, 1999.

               The Company believes that its cash on hand will be sufficient to
               fund planned operations for at least the next 12-month period.
               The Company (primarily Flexible) has no planned capital
               expenditures for the next year.

               YEAR 2000 ISSUES

               The Year 2000 ("Y2K") problem is the result of computer programs
               being written using two digits (rather than four) to define the
               applicable year. Any of the Company's programs that have
               time-sensitive software may recognize a date using "00" as the
               year 1900 rather than the year 2000, which could result in
               miscalculations or system failures. The Company has instituted a
               Y2K compliance program, the objective of which is to determine
               and assess the risks of the Y2K issue, and plan and institute
               mitigating actions to minimize those risks. The Company's
               standard for compliance requires that, for a computer system or
               business process to be Y2K compliant, it must be designed to
               operate without error in date and date-related data prior to, on
               and after January 1, 2000. The Company's computer's hardware is
               Y2K compliant and it has purchased an "off-the-shelf" business
               software program, for internal use, which is also Y2K compliant.
               The Company has spent less than $10,000 to date and expects that
               any further expenditures will be minimal.

               CONTINGENCY PLANS

               The Company's management is in the process of developing a
               "worst-case scenario" with respect to Y2K noncompliance and to
               develop contingency plans designed to minimize the effects of
               such scenario. Although management believes that it is very
               unlikely that any of these worst-case scenarios will occur,
               contingency plans will be developed and will address both IT
               system and non-IT system failure.

                                                                        Page 9.
<PAGE>

               The Company intends to request assurances of Y2K readiness from
               its telephone and electrical suppliers. However, management has
               been informed that some suppliers have either declined to provide
               the requested assurances, or have limited the scope of assurances
               that they are willing to give. If suppliers of services that are
               critical to the Company's operations were to experience business
               disruptions as a result of their lack of Y2K readiness, their
               problems could have a material adverse effect on the financial
               position and results of operations of the Company. The impact of
               a failure of readiness by critical suppliers cannot be estimated
               with confidence, and the effectiveness of contingency plans to
               mitigate the effect of any such failure is largely untested.
               Management cannot provide any assurance that there will be no
               material adverse effects to the financial condition or results of
               operations of the Company as a result of Y2K issues.

               OTHER:

               This report contains forward-looking statements and information
               that is based on management's beliefs and assumptions, as well as
               information currently available to management. When used in this
               document, the words "anticipate," "estimate," "expect," "intend"
               and similar expressions are intended to identify forward-looking
               statements. Although the Company believes that the expectations
               reflected in such forward-looking statements are reasonable, it
               can give no assurance that such expectations will prove to be
               correct. Such statements are subject to certain risks,
               uncertainties and assumptions. Should one or more of these risks
               or uncertainties materialize, or should the underlying
               assumptions prove incorrect, actual results may vary materially
               from those anticipated, estimated or expected. Among the key
               factors that may have a direct bearing on the Company's
               operating results are fluctuations in the economy, the degree
               and nature of competition, the risk of delay in product
               development and release dates and acceptance of, and demand for,
               the Company's products.

                                                                        Page 10.
<PAGE>
                           PART II. OTHER INFORMATION


Item 1.        Legal Proceedings

               None

Item 2.        Changes in Securities

               None

Item 3.        Defaults upon Senior Securities

               None

Item 4.        Submission of Matters to a Vote of Security Holders

               None

Item 5.        Other Information

               None

Item 6.        Exhibits and Reports

     (a)       Exhibits:

               (27) Financial Data Schedule

                                                                        Page 11.
<PAGE>

                                   SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                          EAC INDUSTRIES, INC.
                                          ----------------------------
                                          Registrant




                                          /s/ Peter B. Fritzsche
                                          ----------------------------
Date: December 14, 1999                   Peter B. Fritzsche
                                          Chief Executive Officer and Principal
                                          Accounting Officer

                                                                       Page 12.