<PAGE>


                   UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, DC  20549
                                           
                                      FORM 10-Q
                                           
Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934

For the quarterly period ended: September 30, 1996
                                ------------------

Commission File Number:         0-26756
                                -------

                                  GEOGRAPHICS, INC.
                (Exact name of registrant as specified in its charter)
                                           
                                           
          Wyoming                                         87-0305614
------------------------------------------------------------------------------
(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                        Identification No.)

                  1555 Odell Road, P.O. Box 1750, Blaine,  WA  98231
------------------------------------------------------------------------------
                 (Address of principal executive office and zip code)
                                           
                                    (360) 332-6711
------------------------------------------------------------------------------
                 (Registrant's telephone number including area code)
                                           
Indicate by check mark whether the registrant (1) has 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
        ----------                  ----------

The registrant had 9,416,877 shares of common stock outstanding as of November
8, 1996.


<PAGE>


                                  GEOGRAPHICS, INC.

                                        INDEX
                                                                        PAGE
                                                                        -----
Part I.     FINANCIAL INFORMATION

  ITEM 1    Financial Statements

            Consolidated Statements of Income
            for the Three Months and Six Months Ended 
            September 30, 1996 and September 30, 1995                   3

            Consolidated Balance Sheets as of
            September 30, 1996 and March 31, 1996                       4

            Consolidated Statements of Cash Flows
            for the Six Months Ended September 30, 1996
            and September 30, 1995                                      5

            Notes to Consolidated Financial Statements                  6 - 7

  ITEM 2    Management's Discussion and Analysis of
            Financial Condition and Results of
            Operations                                                  8 - 10

Part II.    OTHER INFORMATION                                          11 - 13

SIGNATURE                                                              15

Exhibit 11 - Computation of Earnings per Share                         16

Exhibit 27 - Financial Data Schedule                                   17


<PAGE>


                                  GEOGRAPHICS, INC.
                          CONSOLIDATED STATEMENTS OF INCOME
                                    (Unaudited)

<TABLE>
<CAPTION>

                                 Three Months Ended            Six Months Ended
------------------------------------------------------------------------------------
                               Sept. 30      Sept. 30      Sept. 30        Sept. 30
                                 1996          1995          1996            1995
------------------------------------------------------------------------------------
<S>                          <C>           <C>           <C>            <C>
Sales                        $ 6,858,676   $ 5,158,126   $ 13,029,743   $ 10,093,834

Cost of Sales                  4,083,653     3,150,693      7,809,954      6,178,249
                             -----------   -----------   ------------   ------------

Gross Margin                   2,775,023     2,007,433      5,219,789      3,915,585

S.G. & A Expense               1,975,339     1,312,954      4,009,344      2,603,692
Goodwill Amortization                  0             0              0        159,768
                             -----------   -----------   ------------   ------------

Operating Income                 799,684       694,479      1,210,445      1,152,125

Other Income (Expenses)
    Interest Expense            (203,341)     (195,231)      (394,112)      (358,337)
    Other                        (10,065)       67,737        (13,841)        89,154
                             -----------   -----------   ------------   ------------

Income Before Provision 
    for Income Taxes             586,278       566,985        802,492        882,942

Income Tax Provision             213,172       192,775        283,209        300,201
                             -----------   -----------   ------------   ------------

Net Income                   $   373,106   $   374,210   $    519,283   $    582,741
                             -----------   -----------   ------------   ------------
                             -----------   -----------   ------------   ------------
Earnings Per Common and
    Common Equivalent Share
         Primary                   $0.04         $0.06          $0.06          $0.10
         Assuming full dilution    $0.04         $0.06          $0.06          $0.09

Share used in computing
earnings per common and
common equivalent shares:
    Primary                    9,427,811     6,170,171      9,198,337      5,869,219
    Assuming full dilution     9,427,803     7,035,423      9,199,419      7,132,239

</TABLE>

          SEE ACCOMPANYING NOTES TO THESE CONSOLIDATED FINANCIAL STATEMENTS


<PAGE>


                                 GEOGRAPHICS, INC.
                             CONSOLIDATED BALANCE SHEETS

                                       ASSETS

<TABLE>
<CAPTION>
                                                     Sept. 30, 1996   March 31, 1996
                                                       (Unaudited)       (Audited)
<S>                                                   <C>               <C>
Current Assets
Cash                                                  $    188,948      $     50,028
Accounts receivable, net                                 5,293,250         4,974,156
Related party receivables                                        0           899,422
Other receivables                                          180,608            62,572
Inventories                                             13,275,929         9,139,273
Deposits                                                 1,394,255           597,693
Prepaid expenses                                           483,794            99,204
Deferred income tax                                        837,339           970,000
Other                                                      145,900            96,512
                                                      ------------      ------------
    Total current assets                                21,800,023        16,888,860

Property, plant & equipment, net                         9,393,035         7,286,694
Deferred income tax                                        192,000           192,000
Investment in partnerships                                 119,596           (34,484)
Other assets                                               397,504           404,971
                                                      ------------      ------------
    Total Assets                                      $ 31,902,158      $ 24,738,041
                                                      ------------      ------------
                                                      ------------      ------------

                          LIABILITIES & STOCKHOLDERS' EQUITY
Current liabilities
Note payable to bank                                     4,398,617         5,322,939
Accounts payable                                         2,010,041         2,634,598
Accrued liabilities                                      1,946,773         1,033,905
Income tax  payable                                         45,952           145,278
Note payable to officer & director                       1,000,000         1,264,711
Current portion of long-term debt                          782,302           656,398
                                                      ------------      ------------
    Total current liabilities                           10,183,685        11,057,829

Long-term debt                                           4,665,842         3,690,360
                                                      ------------      ------------
    Total liabilities                                   14,849,527        14,748,189
                                                      ------------      ------------
Stockholders' Equity
Common stock, without par value; 100,000,000 shares
authorized; 9,412,877 and 8,004,584 issued and 
outstanding on Sept. 30, 1996 and March 31, 1996, 
respectively                                            16,159,408         9,620,068
Foreign currency translation adjustment                      4,156                 0
Retained earnings                                          889,067           369,784
                                                     -------------      ------------
    Total Stockholders' Equity                          17,052,631         9,989,852

    Total Liabilities and Stockholders' Equity        $ 31,902,158      $ 24,738,041
                                                      ------------      ------------
                                                      ------------      ------------
</TABLE>

          SEE ACCOMPANYING NOTES TO THESE CONSOLIDATED FINANCIAL STATEMENTS



<PAGE>

                                    GEOGRAPHICS, INC.
                        CONSOLIDATED STATEMENTS OF CASH FLOWS
                                      (Unaudited)

<TABLE>
<CAPTION>
                                                                     Six Months Ended
                                                            --------------------------------
                                                            Sept. 30, 1996    Sept. 30, 1995
                                                            --------------    --------------
<S>                                                         <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
    Net income                                               $   519,283       $   582,742
ADJUSTMENTS TO RECONCILE NET INCOME TO NET
CASH FLOWS FROM OPERATING ACTIVITIES
    Depreciation and amortization                                759,980           612,839
    Common stock issued in lieu of other liabilities                   0           130,000
    Deferred income tax                                          132,661                 0
    (Gain) loss on sale of property and equipment                  8,985              (119)
    Equity loss from investments in partnerships                       0            (3,655)
CHANGES IN OPERATING ASSETS AND LIABILITIES
    Accounts receivable                                         (138,848)         (452,290)
    Related party receivables                                    899,422                 0
    Other receivables                                           (118,036)          (73,677)
    Inventory                                                 (3,939,208)       (3,288,691)
    Deposits                                                    (796,562)         (181,047)
    Prepaid expenses                                            (384,590)         (278,575)
    Other current assets                                         (49,388)           (6,162)
    Accounts payable                                            (624,557)          509,218
    Accrued liabilities                                          522,029           370,830
    Income tax payable                                           (99,326)           64,851
                                                             -----------       -----------
         Net cash flows from operating activities             (3,308,155)       (2,013,736)
                                                             -----------       -----------
CASH FLOWS FROM FINANCING ACTIVITIES
    Net borrowings (repayments) on note payable to bank         (924,322)        1,347,001
    Proceeds from short-term borrowings                                0           800,000
    Proceeds from long-term debt borrowings                      225,000           583,324
    Repayment of long-term debt                                 (343,378)         (259,549)
    Proceeds (repayment) of notes to officers & directors       (264,711)          900,000
    Proceeds from issuance of common stock                     6,539,340            52,152
    Foreign currency translation                                   4,156                 0
                                                             -----------       -----------
         Net cash flows from financing activities              5,236,085         3,422,928
                                                             -----------       -----------
CASH FLOWS FROM INVESTING ACTIVITIES
    Purchase of equipment                                     (1,607,921)       (1,204,941)
    Proceeds from sale of equipment                                6,887            16,741
    Net (increase) decrease in advances to partnerships         (154,080)         (182,634)
    Change in other assets                                       (33,896)          (14,567)
                                                             -----------       -----------
         Net cash flows from investing activities             (1,789,010)       (1,385,401)
                                                             -----------       -----------
NET CHANGE IN CASH                                               138,920            23,791
CASH, beginning of year                                           50,028            15,348
                                                             -----------       -----------
CASH, end of quarter                                         $   188,948       $    39,139
                                                             -----------       -----------
                                                             -----------       -----------
NONCASH INVESTING AND FINANCING ACTIVITIES
    Financing obtained directly from sellers in acquisition 
    of equipment                                             $ 1,219,764       $   242,293
                                                             -----------       -----------
                                                             -----------       -----------
    Assets acquired directly in acquisition of business      $   390,839       $         0
                                                             -----------       -----------
                                                             -----------       -----------
</TABLE>

          SEE ACCOMPANYING NOTES TO THESE CONSOLIDATED FINANCIAL STATEMENTS


<PAGE>

                                 GEOGRAPHICS, INC.
                      Notes to Consolidated Financial Statements

1.  The accompanying interim unaudited consolidated financial statements of
    Geographics, Inc. (the "Company" or "Geographics") have been prepared in
    accordance with generally accepted accounting principles for interim
    financial information and with the instructions to Form 10-Q and Article 10
    of Regulation S-X.  Accordingly, they do not include all of the information
    and footnotes required by generally accepted accounting principles for
    complete financial statements.  In the opinion of management, such interim
    statements reflect all adjustments (consisting of normal recurring
    accruals) necessary to present fairly the financial position and the
    results of operations and cash flows for the interim periods presented. 
    The results of operations for these interim periods are not necessarily
    indicative of the results to be expected for the full year.  These
    financial statements should be read in conjunction with the audited
    consolidated financial statements and footnotes included in the Company's
    consolidated financial statements and notes thereto for the fiscal year
    ended March 31, 1996.

    The consolidated financial statements include the accounts of Geographics,
    Inc. and its wholly-owned subsidiaries; Geographics Marketing Canada Inc.,
    Geographics (Europe) Limited, Geographics Australia, Pty. Limited, and
    Geographics Foreign Sales Corporation.  All intercompany balances and
    transactions have been eliminated.

    Certain of the Company's locations calculated cost of sales using an
    estimated gross profit method for interim periods.  Cost of sales at these
    locations are adjusted based on physical inventories which are performed no
    less than once a year.

2.  The Company has a $12,000,000 revolving credit agreement with a bank. 
    Interest on outstanding advances is payable monthly at the bank's prime
    rate.  Outstanding balances as of September 30, 1996 and March 31, 1995
    were $4,398,617 and $5,322,939, respectively.

    The prime rate was 8.25% and 8.25% at September 30, 1996 and March 31,
    1996, respectively.

3.  On May 1, 1996,  the Company completed a private placement of 1,268,293
    units at a price of $5.125 per unit.  Total proceeds from this transaction
    approximated $6,500,000.  Each unit included one common share of the
    Company and one warrant to purchase one additional common share of the
    Company at $4.25.  The warrants are exercisable upon issuance and
    regulatory approval, and expire June 1, 1999.

4.  On January 23, 1996, the Company placed an order for a printing press.  The
    cost of the press is approximately $1,200,000 which is expected to be
    delivered during the third quarter of fiscal year 1997.  On June 27, 1996,
    the Company placed an order for a packaging machine.  The cost of the
    packaging machine is approximately $750,000 and is expected to be delivered
    during the third quarter of fiscal year 1997.  The Company has commitments
    from financial institutions to provide capital lease financing for these
    equipment orders.


<PAGE>

5.  An officer and director has received notes from the Company in exchange for
    $1,000,000.  The notes are payable on demand and are classified as current
    liabilities.  Interest on these notes is payable monthly at the rate of
    prime plus 1%.  

6.  On July 3, 1996, the Company agreed to purchase substantially all of the
    assets of Grahams Graphics Pty. Ltd., its exclusive distributor in
    Australia.  The total purchase price is expected to approximate $390,000 to
    be paid as follows:  (i) the issuance of 50,000 share of common stock 
    (valued at an aggregate of $200,000); (ii) the issuance of options to 
    purchase an additional 50,000 share of common stock for $4.00 per share; 
    (iii) the assumption of approximately $150,000 in unsecured trade 
    liabilities; and, (iv) a one time cash payment of $40,000.  Upon the 
    completion of the purchase transaction, the assets assumed will be 
    contributed to the Company's wholly-owned Australian subsidiary, 
    Geographics Australia Pty. Ltd.  The effective date of the transaction 
    is July 1, 1996.

    The Company formed Geographics Australia PTY Limited to complete the
    acquisition and become the Company's distributor of Geographics products in
    Australia, replacing Grahams Graphics PTY Limited as the sole Australian
    distributor.

7.  There are various claims, lawsuits, and pending actions against the Company
    incident to the operations of its business.  It is the opinion of
    management that the ultimate resolution of these matters will not have a
    material effect on the Company's financial position, results of operations
    or liquidity.


<PAGE>

ITEM 2
             Management's Discussion and Analysis of Financial Condition 
                              and Results of Operations
                      for the Three Months and Six Months Ended
                      September 30, 1996 and September 30, 1995

RESULTS OF OPERATIONS 

SALES.   Sales increased 33% to $6,858,676 in the quarter ended September 30,
    1996 from $5,158,126 in the quarter ended September 30, 1995 and increased
    29% to $13,029,743 for the six months ended September 30, 1996 compared to
    $10,093,834 for the six months ended September 30, 1995.

    Sales increased 33% for the quarter ended September 30, 1996 as compared to
    the same quarter a year earlier.  Sales for the quarter ended September 30,
    1995 included the completion of Geopaper Gondola merchandising rack
    shipments to approximately 300 office product superstores, while the
    current quarter did not have a material number of initial product
    shipments.  After adjusting sales for initial product shipments of
    approximately $750,000 in the prior year, sales increased by 56% as
    compared to the same period a year ago.

    Geopaper products were responsible for 69% of sales for the six month
    period ended September 30, 1996, compared to 64% for the same period a year
    earlier.  Sales of Geopaper increased 40% to $9,021,249 from $6,455,172 for
    the periods ended September 30, 1996 and 1995, respectively.

    Sales of Company products other than Geopaper (stick on letters, rub on
    letters, stencil and  LED signs) increased by 10% for the six months ended
    September 30, 1996 compared to the six months ended September 30, 1995. 
    The non-Geopaper products have decreased as a percentage of total sales to
    31% from 36% for the six month periods ended September 30, 1996 and 1995,
    respectively.  These products will continue to decrease in importance to
    the Company as consumers continue to utilize personal computers to perform
    many of the tasks that these non-Geopaper products were designed for. 
    However, the increased usage of personal computers is expected to generate
    new customers for Geopaper products that are specifically designed for use
    with personal computing technology.  

    International sales of Geographics products were $1,523,100 for the quarter
    ended September 30, 1996, an increase of 32% over international sales of
    $1,152,233 for the quarter ended September 30, 1995.  International sales
    increased 68% to $2,722,621 from $1,621,522 for the six months ended
    September 30, 1996 and 1995, respectively.  International sales of
    Geographics products represented 21% of total Geographics, Inc. sales for
    the six months ended September 30, 1996, compared to 16% of total sales for
    the same period a year earlier.  Sales by geographic location for the six
    months ended September 30, 1996 were as follows:

                         United States   78.8%
                         Canada          17.0%
                         Western Europe   2.3%
                         Australia        1.6%


<PAGE>

                         Others           0.3%
                                        ------
                         Total          100.0%
                                        ------
                                        ------

GROSS MARGIN.   Gross margin as a percentage of sales was 40.5 % and 40.1% for
    the three and six month periods ended September 30, 1996, compared to 38.9%
    and 38.8% for the same periods last year.  The Company's gross margin rate
    increased primarily due to lower freight rates resulting from increased
    product shipments during the past year.

    Margins are also affected by changes in the mix of product sold, raw
    material costs, automation, labor costs, freight costs, production levels
    (overhead absorption) and the rate of product turnover.  Margins are also
    affected by price increases and decreases passed on to customers.  While
    management endeavors to improve margins, no assurance can be given that
    margins will continue to improve.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES.   Selling, General and
    Administrative expenses ("SG&A"), which consist of payroll, advertising,
    and commissions, as well as administrative, accounting and legal costs
    increased as a percentage of sales in the three and six months ended
    September 30, 1996 to 28.8% and 30.8%, respectively, as compared to 25.5%
    and 25.8% during the same periods in the prior year.  SG&A costs increased
    as a percentage of sales primarily due to increased overhead resulting from
    the establishment of Geographics (Europe) Limited, Geographics Australia
    Pty. Ltd., and the installation and training costs related to a new
    computer system at the Blaine, WA facility.

GOODWILL AMORTIZATION.   The Company recorded no goodwill amortization during
    the three and six months ended September 30, 1996, as compared to $0 and
    $159,767 for the same periods a year ago.  Goodwill resulted from the
    acquisition of the lettering division of E.Z. Industries in 1993.  The
    Goodwill was fully amortized as of June 30, 1995.

INTEREST EXPENSE.   Interest expense for the three and six months ended
    September 30, 1996 totaled $203,341 and $394,112, respectively, compared to
    $195,231 and $358,337 for the same periods in the prior year.  This
    increase in interest expense was primarily due to borrowings under the
    Company's revolving credit facility during the current year to fund
    increases in inventories and equipment deposits, as well as additional
    interest costs resulting from borrowings related to equipment purchases and
    expansions to the Blaine manufacturing facility.

LIQUIDITY AND CAPITAL RESOURCES.  The Company's principal capital requirements
    have been to fund working capital needs, including the building of
    inventories in the United States, the United Kingdom, and Australia. 
    Working capital has also been used to fund equipment deposits, prepaid
    expenses, reduce accounts payable and to reduce income tax payable.

    The Company's sales are substantially on net sixty day terms, and trade
    receivables are used as collateral to provide the Company with a source of
    capital prior to their collection.  Working capital requirements are
    reduced by vendor credit terms, which allow the Company to finance a
    portion of its inventory.  



<PAGE>

    During the first six months of fiscal year 1997, the Company improved its
    collection of receivables.  Net accounts receivable were $5,293,250 as of
    September 30, 1996, a decrease of 9.9% from the $5,873,578 receivable
    balance at March 31, 1996.  Inventory increased during the six months to
    $13,275,929, an increase of 45.3% from the $9,139,273 inventory balance at
    March 31, 1996.  Increases in inventory can be attributable to management's
    anticipation of inventory requirements related Geographics (Europe)
    Limited's initial operations, the acquisition of Geographics Australia Pty
    Limited's operations and the introduction of a new educational product
    line.  The investment in inventories, equipment deposits and prepaid
    expenses were primarily responsible for negative cash flows from operating
    activities of $3,308,155 for the six months ended September 30, 1996,
    compared to negative cash flows from operating activities of $2,013,736 for
    the same period a year earlier.

    Despite the Company's rapid growth, Management anticipates improved
    accounts receivable and inventory management due to Management's increased
    focus on these critical working capital areas. Improved accounts 
    receivable collection procedures and increased staffing are expected to
    minimize future increases in accounts receivable. New information systems,
    new warehouse facilities, improved inventory organization and the
    addition of key purchasing and inventory staffing should improve
    efficiencies in inventory management and allow for additional sales
    growth without corresponding inventory increases.

    The Company's cash flow is also affected by financing activities, including
    borrowings and repayments on revolving credit facilities, short and long
    term notes payable to the Company's bank, proceeds from the issuance of
    debentures to officers and directors, proceeds from the exercise of stock,
    as well as repayment of capital leases.  The majority of capital
    expenditures were financed by long-term bank loans and capital leases.  A
    private placement of 1,268,293 units at $5.125 (see Part II, Item 5. A.),
    resulted in gross proceeds of $6,500,000 to the Company which were used to
    repay borrowings on short-term notes payable to the Company's bank. 
    Financing activity resulted in net cash flows of $5,236,085 and $3,422,928
    for the six months ended September 30, 1996 and 1995, respectively.  

    During the six months ended September 30, 1996, the Company acquired
    additional printing presses, packaging equipment and other machinery
    related to the manufacture of Geopaper products.  These capital
    expenditures were necessary to support the continued expansion of the
    Geopaper product line and the increase in Geopaper unit sales.  Cash used
    in investing activities (primarily capital expenditures) was $1,789,010 and
    $1,385,401 for the six months ended September 30, 1996 and 1995,
    respectively.

    During the six months ended September 30, 1996, the Company's cash balance
    increased by $138,920 to $188,948.  The cash balance is not significant and
    balances held by the Company are intentionally maintained at low levels as
    part of the Company's strategy to minimize balances outstanding on
    revolving credit facilities, thus minimizing interest expense.  

    Although the Company has the ability to finance its planned growth and
    expansion from operating cash flow, capital lease financing and borrowings
    under the Company's existing credit facilities, the Company also considers
    alternative financing options, such as the issuance of common stock or
    convertible debt, in the event market conditions make such alternatives
    financially attractive.  The Company's future financing requirements will
    be affected by the number of new customers, the strength of reorders by
    existing customers, the growth of existing customers, as well as the of
    success of new products introduced.  Additional financing might also be 
    necessary in the event the Company pursues further expansion or 
    business acquisition opportunities.  There is no assurance the Company
    will be able to obtain such financing or that such financing, if available,
    will be on terms satisfactory to the Company.



<PAGE>

                              PART II. OTHER INFORMATION



ITEMS 1-3    NOT APPLICABLE

ITEM  4-     SUBMISSIONS OF MATTERS TO A VOTE OF SECURITY HOLDERS

    At the Annual Meeting of Shareholders of Geographics, Inc. held on August
    28, 1996, the nominees for election as Directors of the Corporation were
    elected in the following manner.
    
                   Nominee             Number of Shares For
                   -------             --------------------
         Term expiring in 1997:
              Ronald S. Deans               6,319,032
              Scott Deans                   6,314,332
              Moises Cosio                  6,317,632
              Robert Parker                 6,318,382
              Mark G. Deans                 6,315,132
              Fidel Garcia Carrancedo       6,318,632
              Alan D. Tuck Jr.              6,317,582
              Luis Alberto Morato           6,314,482

    With respect to the proposed increase in the number of members of the Board
    of Directors from seven (7) to eight (8) members, the Board of Directors
    adopted the proposal as submitted by the votes indicated below:

                                       Number of Shares
                                       ----------------
              For the proposal:            6,246,346
              Against the proposal:           95,818
              Votes withheld:                      0
              Abstentions:                     6,400
              Non-votes                      227,378

    With respect to the notification of the selection of Moss Adams LLP as the
    Company's auditors for the fiscal year ending March 31, 1997, the Board of
    Directors adopted the proposed amendment as submitted by the votes
    indicated below:

                                       Number of Shares
                                       ----------------
              For the proposal:           5,613,256
              Against the proposal:         728,490
              Votes withheld:                     0
              Abstentions:                    6,818
              Non-votes                     227,378


<PAGE>

    With respect to the proposed issuance of 180,000 incentive stock options to
    certain employees, officers and directors of the Company, the Board of
    Directors adopted the proposed amendment as submitted by the votes
    indicated below:

                                       Number of Shares
                                       ----------------
              For the proposal:            4,568,198
              Against the proposal:          301,330
              Votes withheld:                      0
              Abstentions:                    35,420
              Non-votes                    1,670,994

    With respect to the proposed adoption of the Geographics, Inc. 1996 Stock
    Option Plan, the Board of Directors adopted the proposed amendment as
    submitted by the votes indicated below:

                                       Number of Shares
                                       ----------------
              For the proposal:            4,444,762
              Against the proposal:          423,225
              Votes withheld:                      0
              Abstentions:                    36,961
              Non-votes                    1,670,994

    With respect proposed amendment to the Company's Articles of Incorporation
    to effect an increase in the Company's authorized common stock from
    10,000,000 shares of common stock, no par value to 100,000,000 shares of
    common stock, no par value, the Board of Directors adopted the proposed
    amendment as submitted by the votes indicated below:

                                       Number of Shares
                                       ----------------
              For the proposal:            5,883,723
              Against the proposal:          444,717
              Votes withheld:                      0
              Abstentions:                    20,124
              Non-votes                      227,378

ITEM 5 -      OTHER INFORMATION

A.  On September 20, 1996, Mr. Fidel Carrancedo resigned as a director of the
    Company.  Mr. Carrancedo resigned for personal reasons and has no
    disagreements with the Company.  Mr. Carrancedo still remains a principal
    stockholder of the Company.  No additional Directors have been appointed 
    to replace Mr. Carrancedo.

B.  The Company has adopted the following Statements of Financial Accounting
    Standards ("SFAS") for the fiscal year ending March 31, 1997.


<PAGE>

    SFAS No. 121, "Accounting for the Impairment of Long-Lived Assets and for
    Long-Lived Assets to Be Disposed Of," establishes accounting standards for
    the impairment of long-lived assets, certain identifiable intangibles, and
    goodwill related to those assets to be held and used and for long-lived
    assets and certain identifiable intangibles to be disposed of.  Long-lived
    assets and certain identifiable intangibles to be held and used by a
    company are required to be reviewed for impairment whenever events or
    changes in circumstances indicate that the carrying amount of an asset may
    not be recoverable.  Measurement of an impairment loss for such long-lived
    assets and identifiable intangibles should be based on the fair value of
    the asset.  Long-lived assets and certain identifiable intangibles to be
    disposed of are required to be reported generally at the lower of the
    carrying amount or the fair value less cost to sell.  The adoption of SFAS
    No. 121 had no material effect on the Company's financial position as of
    September 30, 1996 or the results of its operations for the quarter ended
    September 30, 1996.

    SFAS No. 123, "Accounting for Stock-Based Compensation," establishes
    financial accounting and reporting standards for stock-based employee
    compensation plans, including stock options, stock purchase plans,
    restricted stock, and stock appreciation rights.  SFAS No. 123 defines and
    encourages the use of the fair value method of accounting for employee
    stock-based compensation.  Continuing use of the intrinsic value based
    method of accounting prescribed in Accounting Principles Board No. 25 ("APB
    25") for measurement of employee stock-based compensation is allowed with
    pro  forma disclosures of net income and earnings per share as if the fair
    value method of accounting had been applied.  Transactions in which equity
    instruments are issued in exchange for goods or services from non-employees
    must be accounted for based on the fair value of the consideration received
    or of the equity instrument issued, whichever is more reliably measurable. 
    The Company has determined that it will continue to use the method of
    accounting prescribed in APB 25 for measurement of employee stock-based
    compensation, and will begin providing the required pro forma disclosures
    in its financial statements for the year ending March 31, 1997 as allowed
    by SFAS No. 123.


<PAGE>


                                   EXHIBIT INDEX
                                                                    Page
                                                                    ----
ITEM 6  -     EXHIBITS AND REPORTS ON FORM 8-K.

A.  Exhibits.

    11.   Statement regarding computation of Earnings Per Share      16

    27.   Financial Data Schedule                                    17

B.  Reports on Form 8-K.

    No reports were filed by the Company on Form 8-K during the fiscal quarter
    ended September 30, 1996.
 


<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.






                                                     GEOGRAPHICS, INC.
                                                     -----------------
                                                       (Registrant)




    Date: November 15, 1996          By: /s/ RONALD S. DEANS
                                        ---------------------------------
                                        Ronald S. Deans
                                        President, Chief Executive Officer
                                        Chief Financial Officer and Secretary