U.S. Securities and Exchange Commission

                      Washington, DC 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 September 30, 1994

    [  ] 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 0-161470

                      TELE-OPTICS, INC.
(Exact name of small business issuer as specified in its charter)

      Delaware                                   65-0008442
 (State of other jurisdiction of              (I.R.S. Employer
incorporation or organization)                Identification No.)

   21218 St. Andrews Boulevard, Suite 642, Boca Raton, FL 33433
      (Address of principal executive office and zip code)

                        (561) 360-4951
                  (Issuer's telephone number)


    (Former name, former address, and former fiscal year,
                if changed since last report)

     Check whether the Issuer (1) filed all reports required to
be filed by Section 13 or 15 (d) of the Exchange Act of 1934
during the past 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 at least the past 90
days.  Yes ___    No _X_

              APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest practicable
date:  As of June 15, 1999, there were 4,740,000 shares issued of
which a total of 4,740,000 were outstanding.

     Transitional Small Business Disclosure Format (check one);
 Yes __    No _X__


<PAGE>

                        TELE-OPTICS, INC.

                        Form 10-QSB Index
                        September 30, 1994


                                                         Page


Part I:   Financial Information

   Item 1.    Financial Statements.....................  3

   Balance Sheet Unaudited at September 30, 1994.......  4

   Statements of Operations (Unaudited) for the
   Three Month Periods ended September 30, 1994
   and September 30, 1993 and the Nine Month
   Periods Ended September 30, 1994 and
   September 30, 1993..................................  5

   Statements of Cash Flow (Unaudited) for the
   Nine Month Periods Ended September 30, 1994
   and September 30, 1993..............................  6

   Notes to Financial Statements.......................  7

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

Part II:   Other Information

   Item 1.    Legal Proceedings .......................  9

   Item 2.    Changes in Securities....................  9

   Item 3.    Defaults Upon Senior Securities..........  9

   Item 4.    Submission of Matters to a Vote
              of Security Holders......................  9

   Item 5.    Other Information........................  9

   Item 6.    Exhibits and Reports on Form 8-K.........  9

Signatures.............................................  9


<PAGE>

                              PART I
                      FINANCIAL INFORMATION


Item 1.  Financial Statements

                        TELE-OPTICS, INC.
                     CONDENSED BALANCE SHEETS
                           (UNAUDITED)

<TABLE>
<CAPTION>

                                                 September 30,    December 31,
                                                     1994             1993
                                                 -------------    ------------
<S>                                              <C>              <C>

                      ASSETS
                                                 $    -           $    -


         LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities                                      $    -           $    -
                                                 -----------      ------------
Shareholders' Equity:

   Common stock, par value, $.01
   per share; authorized, 5,000,000
   shares; issued, 1,690,000; outstanding,
   1,640,000 shares                                  16,400             16,400

   Additional paid-in capital                     1,863,042          1,863,042

   Retained earnings (deficit)                   (1,704,354)        (1,704,354)
                                                 ----------         ----------
                                                    174,088            175,088

  Less: Treasury stock, 50,000
  shares at cost                                    175,088            175,088
                                                 ----------         ----------
  Total Shareholders' Equity (deficit)                -                  -
                                                 ----------         ----------
                                                 $    -             $    -
                                                 ==========         ==========

</TABLE>


See notes to condensed financial statements.


<PAGE>

                              TELE-OPTICS, INC.
                    CONDENSED STATEMENTS OF OPERATIONS
                                 (UNAUDITED)


<TABLE>
<CAPTION>
                                            Three Months Ended                Nine Months Ended
                                              September 30,                     September 30,
                                           1994           1993             1994              1993
<S>                                        <C>            <C>              <C>               <C>

Revenues:
     Miscellaneous                         $    -         $         50     $     -           $       175
                                           -----------    ------------     ------------      -----------
Costs and Expenses:
  Administrative                                -                   40           -                   342
                                           -----------    ------------     ------------      -----------

Net income (loss)                          $    -         $         40     $     -           $(     167)
                                           ===========    ============     ============      ==========

Net loss per share                         $    -         $     -          $     -          $     -
                                           ===========    ============     ============      ==========
Average number of
 shares outstanding                          1,640,000       1,640,000        1,640,000       1,640,000
                                           ===========    ============     ============      ==========

</TABLE>


See notes to condensed financial statements.


<PAGE>


                            TELE-OPTICS, INC.
                  CONDENSED STATEMENTS OF CASH FLOWS
                              (UNAUDITED)
<TABLE>
<CAPTION>

                                                     Nine Months Ended
                                                       September 30,
                                                    1994            1993
                                                ------------    ------------
<S>                                             <C>             <C>

Cash provided (used) In:

Operating Activities                            $     -         $ (     167)

Investing Activities:                                 -                -

Financing Activities:                                 -                -
                                                -----------      ----------

Decrease in Cash                                 (    -    )     (      167)

Cash balance, beginning                               -                 187
                                                -----------      ----------
Cash balance, end                               $     -          $       20
                                                ===========      ==========
</TABLE>

See notes to condensed financial statements.


<PAGE>

                        TELE-OPTICS, INC.
             NOTES TO CONDENSED FINANCIAL STATEMENTS




NOTE 1:   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Basis of Presentation:

     Tele-Optics, Inc. (the Company) was incorporated on December
     31, 1986 and on that date and in early 1987, issued a total
     of 1,000,000 shares of its $0.01 par value common stock as
     follows: (a). 100,000 shares at incorporation, (b). 101,216
     shares to its founder and 21,000 shares to others for the
     rights to certain property and technology, (c).  33,500
     shares in consideration of services rendered to the Company
     and (d). 744,284 shares in exchange for all outstanding
     stock of Lenzar Optics Corporation (Lenzar).

     Business Activity:

     The Company, a Delaware corporation, has its present
     administrative office now located in Florida. At the present
     time, the Company has no current operations and is actively
     attempting to acquire a business operation, or obtain one
     through merger with a privately-held company seeking public
     status.



NOTE 2:   UNAUDITED FINANCIAL STATEMENTS

     The financial statements as of September 30, 1993, and for
     the period ended September 30, 1993 and 1992, included
     herein are unaudited; however, such information reflects all
     adjustments consisting of normal recurring adjustments,
     which are, in the opinion of management, necessary for a
     fair presentation of the information for such periods. In
     addition, the results of operations for the interim period
     are not necessarily indicative of results for the entire
     year. The accompanying financial statements are in condensed
     form and should be read in conjunction with the Company's
     annual report filed on Form 10KSB.


<PAGE>


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

     (a)  Plan of Operation

     The Registrant is presently a development stage company
conducting virtually no business operations.  The Company is
engaged in efforts to bring its delinquent period reporting
obligations under the Securities Exchange Act of 1934 up to date
through the preparation and filing of quarterly and annual
reports on Forms 10-QSB and 10-KSB, respectively, and to pay
certain obligations of the Company, including certain past due
and current accounting and legal fees, stock transfer agent fees,
franchise taxes, state and federal taxes, and other expenses.
After  becoming current in its reporting obligations, the Company
plans to attempt to effect a merger, exchange of capital stock,
asset acquisition or other similar business combination (a
"Business Combination") with an operating or development stage
business which the Registrant may consider to have significant
growth potential.  As a result, the Company has filed certain
disclosure documents with the Commission, including Annual
Reports on Form 10-KSB for the years ended December 31, 1991,
1992, 1993, 1994, 1995, 1996 and 1997, and Quarterly Reports on
Form 10-QSB for the three month periods ended March 31, June 30,
and September 30, 1992, 1993, 1994, 1995, 1996, 1997 and 1998.
Since 1991, the Company has neither identified nor engaged in any
commercial operations nor generated any revenues. To date,
moreover, the Company has neither identified any Business
Combination opportunity nor engaged in any definitive activities
in connection with any such transaction or transactions.

     In late 1997, current management and others purchased
approximately sixty-eight (68%) percent of the ownership interest
of the Company, from the Company, for approximately $34,000 in
cash and cash equivalent which the Company received as paid-in
capital.  At present those funds are supporting the Company's
efforts at preparation and filing of its delinquent and current
periodic reporting and other similar activities as described
above.  The Registrant anticipates that no additional capital
infusions will be required prior to effectuating a Business
Combination.  Until such time as the Registrant effectuates a
Business Combination, with the exception of certain other
professional fees and costs for such a transaction, the
Registrant expects that it will incur minimal operating costs.

     No officer or director of the Registrant is paid any
compensation by the Registrant and presently, there are no
arrangements or anticipated arrangements to compensate any
officer or director in the near future. The Registrant expects
that it will meet its cash requirements until such time as a
Business Combination occurs.


<PAGE>

                             PART II

                        OTHER INFORMATION


Item 1.  Legal Proceedings

  No legal proceedings are pending in which the registrant is a
party.

Item 2.  Change in Securities

   Not Applicable

Item 3.  Defaults Upon Senior Securities

   Not Applicable

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

   Not Applicable

Item 5.  Other Information

    Not Applicable

Item 6.  Exhibits and Reports on Form 8-K

   (a)   No reports on Form 8-K were filed during the period.


<PAGE>

                            SIGNATURES

     In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                     TELE-OPTICS, INC.
                                     Registrant


                                     BY:/s/John P. Little
Dated: June 30, 1999                    John P. Little,
                                        President & Director