SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB
(Mark One)

[ X ]     QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE
          SECURITIES EXCHANGE ACT OF 1934

                      For the Quarter Ended March 31, 1999

[   ]     TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT

           For the transition period from ____________ to ____________

                         Commission file number: 0-15224

                       ADVANCE DISPLAY TECHNOLOGIES, INC.
                      --------------------------------------
                     (Exact name of small business issuer as
                            specified in its charter)

              COLORADO                                   84-0969445
              --------                                   ----------
     (State of incorporation)                      (IRS Employer ID number)


             1251 South Huron Street, Unit C, Denver, Colorado 80223
             -------------------------------------------------------
               (Address of principle executive offices) (Zip Code)


                                 (303) 733-5339
                 ----------------------------------------------
                (Issuer's telephone number, including area code)


Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
section 13 or 15(d) of the  Securities  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 the past 90
days.

                                  YES    X    NO
                                       -----      -----

As of April 30, 1999,  23,774,275  shares of Common  Stock,  $.001 par value per
share were outstanding.

           Transitional Small Business Disclosure Format (check one):

                                  YES        NO    X
                                      -----      -----

<PAGE>



                       ADVANCE DISPLAY TECHNOLOGIES, INC.


                                      INDEX


                                                                          Page
                                                                          ----

                          PART I. FINANCIAL INFORMATION


Item 1.   Balance Sheets (unaudited) -
            March 31, 1999 and June 30, 1998.............................3

          Statements of Operations (unaudited) -
            Three months and nine months ended
            March 31, 1999 and 1998 and for
            the period from March 15, 1995, inception,
            to March 31, 1999............................................4

          Statements of Cash Flows (unaudited) -
            Three months and nine months ended March 31, 1999
            and 1998 and for the period from March 15, 1995, 
            inception, to March 31, 1999.................................5

          Notes to Financial Statements (unaudited)......................7

Item 2.   Management's Discussion and Analysis of
            Financial Condition and Results of Operations...............8-11


                           PART II. OTHER INFORMATION

Item 1.  Legal Proceedings...............................................11

Item 2.  Changes in Securities...........................................11

Item 3.  Defaults on Senior Securities...................................12

Item 4.  Submission of Matters to a Vote of Security Holders.............12

Item 5.  Other Information...............................................12

Item 6.  Exhibits and Reports on Form 8-K................................12

             Signatures..................................................12


                                        2

<PAGE>

                       ADVANCE DISPLAY TECHNOLOGIES, INC.
                          (A Development Stage Company)

                                 BALANCE SHEETS
                                   (Unaudited)
                                                     March 31,       June 30,
                                                       1999            1998
                                                    ------------    ----------

                                     ASSETS
                                     ------

CURRENT ASSETS:
   Cash                                              $    66,915    $    77,464
   Inventory                                              16,238         16,238
   Other current assets                                   32,677          8,108
                                                     -----------    -----------
      Total current assets                               115,830        101,810

PROPERTY AND EQUIPMENT                                   140,232        142,934
   Less:  Accumulated depreciation                       (73,883)       (40,892)
                                                     -----------    -----------
      Net Property and Equipment                          66,349        102,042
                                                     -----------    -----------

      TOTAL ASSETS                                   $   182,179    $   203,852
                                                     ===========    ===========


                     LIABILITIES AND SHAREHOLDERS' DEFICIT
                     -------------------------------------

CURRENT LIABILITIES:
   Notes payable to shareholders                     $   255,000    $      --
   Accounts payable                                      309,637        484,060
   Other accrued liabilities                             266,267        156,802
                                                     -----------    -----------
      Total current liabilities                          830,904        640,862

CONVERTIBLE, REDEEMABLE NOTES PAYABLE
 TO SHAREHOLDERS                                       1,173,725      1,023,725

SHAREHOLDERS' DEFICIT:
   Preferred stock, $.001 par value,
        100,000,000 shares authorized,
        1,843,900 shares issued and outstanding
       (liquidation preference of $2,765,850)              1,844          1,844
   Common stock, $.001 par value, 100,000,000
        shares authorized, 23,774,275 and
        25,176,432 shares issued and
        outstanding, respectively                         23,774         25,177
   Additional paid-in capital                          4,229,130      4,227,728
   Deficit accumulated during the development
        stage                                         (6,077,198)    (5,715,484)
                                                     -----------    -----------
      Total Shareholders' Deficit                     (1,822,450)    (1,460,735)
                                                     -----------    -----------

      TOTAL LIABILITIES AND SHAERHOLDERS'
        DEFICIT                                      $   182,179    $   203,852
                                                     ===========    ===========

           (See accompanying notes to unaudited financial statements)




                                        3

<PAGE>
<TABLE>
<CAPTION>
                                                    ADVANCE DISPLAY TECHNOLOGIES, INC.
                                                       (A Development Stage Company)

                                                 CONSOLIDATED STATEMENTS OF OPERATIONS
                                                           (Unaudited)

                                                                                                                 March 15, 1995
                                                                                                                   (Inception)
                                               Three Months Ended                   Nine Months Ended                Through
                                                   March 31,                             March 31,                  March 31,
                                          ------------------------------      ------------------------------     --------------
                                              1999              1998              1999              1998              1999
                                          ------------      ------------      ------------      ------------      -----------
<S>                                       <C>               <C>               <C>               <C>               <C>  
REVENUE:

 Consulting                               $       --        $       --        $       --        $     30,000      $     30,200
                                          ------------      ------------      ------------      ------------      ------------
     Total Revenue                                --                --                --              30,000            30,200

COSTS AND EXPENSES:
 General and administrative                    118,439           218,035           335,847           741,015         1,578,933
 Research and development                       19,626            85,398           114,618           223,350         3,023,583
 Impairment of intangible assets                  --                --                --                --             451,492
                                          ------------      ------------      ------------      ------------      ------------
     Total costs and expenses                  138,065           303,433           450,465           964,365         5,054,008
                                          ------------      ------------      ------------      ------------      ------------

OPERATING LOSS                                (138,065)         (303,433)         (450,465)         (934,365)       (5,023,808)

OTHER INCOME (EXPENSE):
 Interest income                                   196              --                 976              --             163,737
 Other income                                     --                --             175,550              --             177,971
 Interest expense - related party              (32,228)          (90,443)          (87,775)       (1,036,167)       (1,395,098)
                                          ------------      ------------      ------------      ------------      ------------
     Total Other Income (Expense)              (32,032)          (90,443)           88,751        (1,036,167)       (1,053,390)
                                          ------------      ------------      ------------      ------------      ------------

NET INCOME (LOSS)                         $   (170,097)     $   (393,876)     $   (361,714)     $ (1,970,532)     $ (6,077,198)
                                          ============      ============      ============      ============      ============


NET INCOME (LOSS) PER COMMON SHARE        $       (.01)     $       (.02)     $       (.02)     $       (.08)
                                          ============      ============      ============      ============
  (Basic and diluted)

WEIGHTED AVERAGE NUMBER OF COMMON
   SHARES OUTSTANDING                       23,774,275        25,176,432        24,034,560        23,781,938
                                          ============      ============      ============      ============


                               (See accompanying notes to unaudited consolidated financial statements)


                                                                  4

<PAGE>
                                                    ADVANCE DISPLAY TECHNOLOGIES, INC.
                                                       (A Development Stage Company)

                                                   CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                                (Unaudited)
                                                                                                
                                                                                                                      March 15, 1995
                                                                                                                       (Inception)
                                                               Three Months Ended            Nine Months Ended           Through
                                                                    March 31,                    March 31,               March 31,
                                                        ---------------------------     ---------------------------   --------------
                                                             1999           1998            1999           1998             1999
                                                        -----------     -----------     -----------     -----------     -----------

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net Loss                                              $  (170,097)    $  (393,876)    $  (361,714)    $(1,970,532)    $(6,077,198)
Adjustments to reconcile net loss to net
    cash used in operating activities:
  Acquired research and development                            --              --              --              --         2,536,494
    expense
  Impairment of intangible asset                               --              --              --              --           451,492
  Depreciation and amortization                              11,561          31,454          36,027          86,750         203,780
  Stock option compensation expense                            --              --              --              --           214,125
  Interest expense related to debt discount                    --            71,517            --           989,784       1,013,933
  (Gain) loss on disposal of assets                             205            --              (470)           --              (166)
  (Increase)decrease in:
     Inventory                                                 --               468            --           (53,678)        (10,190)
     Other current assets                                   (16,960)          6,044         (24,569)        (12,416)       (164,170)
  (Decrease) increase in:
   Interest payable to shareholders                          32,228          18,926          87,775          44,755         359,085
   Accounts payable                                         (30,960)         (9,834)       (174,423)        (46,532)       (136,207)
   Other accrued liabilities                                 (2,781)        (58,401)         21,690         (10,344)         (8,158)
                                                        -----------     -----------     -----------     -----------     -----------
Net cash used in operating activities                      (176,804)       (333,702)       (415,684)       (972,213)     (1,617,180)
                                                        -----------     -----------     -----------     -----------     -----------

CASH FLOWS FROM INVESTING ACTIVITIES:
 Additions to property and equipment                         (1,874)           (408)         (5,015)        (75,260)        (95,374)
 Proceeds from sale of assets                                  --              --             5,150           8,702          13,550
 Advances to affiliates                                        --              --              --              --          (932,925)
 Purchase of notes receivable and
   security interest                                           --              --              --              --          (225,000)
 Cash received in acquisition                                  --              --              --              --           303,812
                                                        -----------     -----------     -----------     -----------     -----------
   Net cash provided by (used in)
    investing activities                                     (1,874)           (408)          _ 135         (66,558)       (935,937)
                                                        -----------     -----------     -----------     -----------     -----------
CASH FLOWS FROM FINANCING ACTIVITIES:
 Capital contributions                                         --              --              --              --           103,127
 Proceeds from notes payable to shareholders                215,000            --           255,000         160,000         320,000
 Proceeds from convertible notes
   payable to shareholders                                     --           300,000         150,000         740,000       1,897,400
 Proceeds from line-of-credit                                  --              --              --              --           299,505
                                                        -----------     -----------     -----------     -----------     -----------
   Net Cash provided by financing activities                215,000         300,000         405,000         900,000       2,620,032
                                                        -----------     -----------     -----------     -----------     -----------

Increase (decrease) in cash                                  36,322         (34,110)        (10,549)       (138,771)         66,915
Cash & cash equivalents at
  beginning of period                                        30,593         131,070          77,464         235,731            --
                                                        -----------     -----------     -----------     -----------     -----------
Cash and cash equivalents at end of period              $    66,915     $    96,960     $    66,915     $    96,960     $    66,915
                                                        ===========     ===========     ===========     ===========     ===========



                                  (See accompanying notes to unaudited consolidated financial statements)

                                                                     5

<PAGE>

                                                 ADVANCE DISPLAY TECHNOLOGIES, INC.
                                                    (A Development Stage Company)

                                               CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                           (Unaudited)


                                                                                                                          March 15,
                                                                                                                             1995
                                                                                                                         (Inception)
                                                             Three Months Ended              Nine Months Ended              Through
                                                              March 31, 1999                     March 31,                 March 31,
                                                      -----------------------------     -----------------------------    -----------
                                                         1999             1998             1999             1998             1999
                                                      ------------     ------------     ------------    -------------     ----------

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

Cash paid for:
    Interest                                          $       --       $       --       $       --       $        746     $     --
                                                      ============     ============     ============     ============     ==========
    Taxes                                             $       --       $       --       $       --       $       --       $     --
                                                      ============     ============     ============     ============     ==========

Issuance of common Stock for acquisition
  of Display Group, LLC and Display
  Optics, Ltd. and conversion of
  Convertible debt                                    $       --       $       --       $       --       $       --       $2,199,026
                                                      ============     ============     ============     ============     ==========

Conversion of notes payable to
  shareholders to common stock                        $       --       $       --       $       --       $    550,000     $  550,000
                                                      ============     ============     ============     ============     ==========

Conversion of short term notes and
  accrued interest into Convertible,
  Redeemable Promissory Notes                         $       --       $       --       $       --       $    183,575     $  183,575
                                                      ============     ============     ============     ============     ==========








                              (See accompanying notes to unaudited consolidated financial statements)


                                                                6
</TABLE>

<PAGE>



                       ADVANCE DISPLAY TECHNOLOGIES, INC.
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

Note 1.

     The accompanying  unaudited interim financial statements have been prepared
in accordance  with the  instructions  to Form 10-QSB and do not include all the
information and footnotes required by generally accepted  accounting  principles
for complete financial statements. In the opinion of management, all adjustments
(consisting  of  normal  recurring  accruals)  considered  necessary  for a fair
presentation  have been  included.  The  results of  operations  for any interim
period are not  necessarily  indicative  of results for the entire  fiscal year.
These statements should be read in conjunction with the financial statements and
related notes  included in Form 10-KSB for Advance  Display  Technologies,  Inc.
("ADTI" or the "Company")for the year ended June 30, 1998, as the notes to these
interim  financial  statements  omit certain  information  required for complete
financial statements.




                                        7

<PAGE>



                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

                Special Note Regarding Forward Looking Statements

     Certain statements contained herein constitute "forward looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward looking statements  include,  without limitation,  statements  regarding
Advance  Display  Technologies,  Inc.'s  ("ADTI" or the  "Company")  anticipated
marketing and production,  need for working capital, future revenues and results
of  operations.  Factors  that could cause actual  results to differ  materially
include, among others, the following: future economic conditions, the ability of
the Company to obtain  sufficient  capital,  to further  develop and improve the
manufacturing process for its product, to manufacture its product at a cost that
would result in profitable  sales,  to sell a sufficient  number of screens at a
sufficient price to result in positive operating margins,  to attract and retain
qualified management and other personnel,  and generally to successfully execute
a business plan that will take the Company from a development  stage entity to a
profitable  operating company.  Many of these factors are outside the control of
the  Company.  Investors  are  cautioned  not to put undue  reliance  on forward
looking statements.  Except as otherwise required by rules of the Securities and
Exchange  Commission,  the Company  disclaims any intent or obligation to update
publicly  these  forward  looking  statements,   whether  as  a  result  of  new
information, future events or otherwise.

     Statements in this Report are  qualified in their  entirety by reference to
contracts,  agreements,  and  other  exhibits  filed  or  incorporated  with the
Company's Form 10-KSB for the fiscal year ended June 30, 1998.


Results of Operations

     During the nine months  ended  March 31,  1999,  the Company  remained in a
research  and  development  ("R&D")  phase  and,  for a portion  of the  period,
continued  efforts  on  the  design  and  development  of an  adequately  bright
projector  for use with the  Company's  fiber optic screen  technology in a full
color video  display  application.  The Company did not  experience  the desired
results  due  to  various  factors  and  suspended  further  development  of the
projector.   During  the  period,  the  Company  also  investigated  a  possible
alternative use and market for its fiber optic screen systems which will utilize
a different light source. A market study for this application has been completed
with which the Company will prepare a  comprehensive  business plan for this and
other product  lines.  The Company  expects to submit a prototype for testing of
this new  application  during  1999.  If the  Company is unable to  successfully
demonstrate  the new prototype or develop an adequately  bright  projector,  the
ability of the Company to raise additional  capital to continue  operations will
be  significantly  hindered  and  the  Company  may  be  forced  to  discontinue
operations.

     For the fiscal  quarter and nine months ended March 31,  1999,  the Company
reported net losses of ($170,097) and ($361,714),  respectively,  as compared to
net losses  of  ($393,876) and  ($1,970,532) for the  same  periods in 1998. The

                                        8

<PAGE>



differences  in net losses for the  periods  ended 1999 as  compared to 1998 are
primarily due to: 1) a decrease in general and  administrative  ("G&A") expenses
for the quarter and nine months  ended March 31, 1999 of  approximately  $99,600
and  $405,200,  respectively,  from amounts  reported in 1998,  2) a decrease in
research  and  development  ("R&D")costs  for the quarter and nine months  ended
March 31, 1999 of approximately $65,800 and $108,700, respectively from the same
periods of the prior year,  3) other income of $0 and $175,550  received  during
the quarter and nine months ended March 31, 1999, respectively, in settlement of
previously pending  litigation,  and 4) less charges to interest expense for the
quarter and nine months ended March 31, 1999 than those  reported in 1998.  As a
result of  downsizing  and cost  containment  measures,  the Company was able to
reduce the  operating  losses from  approximately  $303,400 and $934,400 for the
quarter and nine months ended March 31,  1998,  respectfully,  to  approximately
$138,100 and $450,500 for the same periods of the current fiscal year.

     The Company  reported  total  revenue of $30,000 for the nine months  ended
March 31,  1998 which  consisted  entirely  of  consulting  fees  pursuant to an
agreement with Toshiba  Lighting and Technology  Corporation  ("TLT")  effective
July 1, 1997. The agreement called for the Company to provide  technical support
for an outdoor  product of TLT and to provide market  research  information  for
consideration  of $5,000 per month.  This agreement was not renewed,  therefore,
there were no  revenues  reported  for the nine  months  ended  March 31,  1999.
Although  the Company  received  no revenue for the nine months  ended March 31,
1999,  the Company  reported  total other income of $175,550 for the same period
which consisted  almost entirely of litigation  settlement  fees.  There were no
sales of the Company's products to report for either fiscal period.

     The Company  reported G&A expenses of $118,439 and $335,847 for the quarter
and nine months ended March 31, 1999,  respectively  as compared to $218,035 and
$741,015  for the same periods of the prior year.  Legal and other  professional
fees decreased  approximately  $118,300 for the nine months ended March 31, 1999
from 1998 due to the settlement of litigation,  completion of a marketing  study
in 1998 for the  full  color  video  displays,  and a  reduction  in  management
consulting  fees in 1999  from  1998.  In June  1998,  the  Company  recorded  a
write-down of its intellectual property to $0 which reduced amortization expense
in the nine month  period  ended  March 31, 1999 from the same period in 1998 by
approximately  $58,600. The Company also reduced its workforce in 1999 from 1998
by  approximately  7 people  resulting in a net decrease in salaries and payroll
expenses for the nine month period of  approximately  $99,300.  G&A expenses for
the nine months ended March 31, 1999 included:  1) depreciation of approximately
$32,700;  2) general  office  expense of  approximately  $123,800;  3)  employee
salaries and expenses of  approximately  $109,500;  and 4) professional  fees of
approximately  $69,800  (including  legal fees  incurred for  settlement  of the
litigation and general  corporate  matters,  and,  accounting fees in connection
with the audit of the Company's  financial  statements for the fiscal year ended
June 30, 1998).

     The Company also  reported  research and  development  ("R&D")  expenses of
$19,626 and  $114,618  for the quarter  and nine  months  ended March 31,  1999,
respectively,  as compared to $85,398 and  $223,350  for the same periods of the
prior year. This decrease  is  primarily due  to  the Company's  downsizing. R&D

                                        9

<PAGE>



expenditures  during  the nine  months  ended  March  31,  1999  were  initially
associated  with the  Company's  efforts  to develop a  projector  substantially
brighter  and  possessing  a  better  cost  to  performance   ratio  than  those
commercially  available  today which the  Company  believes is needed to provide
adequate  illumination  for the  successful  marketing  of its screen in a color
video display  application.  Toward that end, the Company  placed  illumination,
projection and electrical  engineering  specialists under contract to design and
develop an adequately  bright  projector for use with the Company's  fiber optic
screen.  The Company  has not  experienced  the  desired  results due to various
factors and has suspended  further  development of the projector.  Subsequently,
additional R&D expenditures  were incurred  associated with the investigation of
an  alternative  application  and market for the  Company's  fiber optic display
technology.  The Company is currently  building a prototype for testing in a new
application.

     During the nine months ended March 31, 1998, the Company recorded  interest
expense  of   approximately   $989,000  which  was  the  result  of  immediately
convertible  debt issued at a  conversion  price  below the quoted  price of the
Company's Common Stock. Excluding these charges, interest expense increased from
$18,926 and  $44,755  for the  quarter  and nine months  ended March 31, 1998 to
$32,228 and  $87,775  for the same  periods of the  current  fiscal  year.  This
increase is due to an increase in outstanding  notes payable for the quarter and
nine months ended March 31, 1999.


Liquidity and Capital Resources

     At March 31, 1999,  the Company  reported  negative net worth of $1,822,450
and negative  working capital of $715,074.  The Company will require  additional
capital for  administrative  expenses,  continued  development  of the  product,
further  design  and  development  of an  automated  manufacturing  process  and
marketing costs.  Management  believes that the Company's continued existence is
dependent upon its ability to: 1) successfully demonstrate the prototype for the
new  application;  2)  complete  the  design  and  development  of an  automated
manufacturing process; 3) perfect technology necessary for use with its products
in a full color video display  application;  4) successfully market the product;
5) obtain additional sources of funding through outside sources;  and 6) achieve
and maintain profitable  operations.  There can be no assurance that the Company
will be able to achieve its research and development  goals,  obtain  sufficient
additional  capital or  manufacture or sell its products on terms and conditions
satisfactory to the Company.

     Cash flows from  financing  activities  for the nine months ended March 31,
1999,  consisted  of proceeds  from the sale of $255,000 of 10% demand  notes to
shareholders  and proceeds from the sale of convertible,  redeemable  promissory
notes to shareholders in the aggregate amount of $150,000.

     Included in the net loss  reported for the nine months ended March 31, 1999
are  proceeds  of $175,000  received in  settlement  of  previously  outstanding
litigation.  Taking into account the net loss, cash used in operating activities
for the period  totaled  $415,684.  Funds  were  primarily  used for  payment of


                                       10

<PAGE>



litigation fees, ongoing research in the design and development of an adequately
bright  projector and in connection  with the new  application,  and,  operating
expenses.

     Subsequent to March,  1999, the Company issued an additional $75,000 of 10%
demand notes to  shareholders.  It is anticipated that these notes together with
the  demand  notes  previously   issued  will  be  converted  into  convertible,
redeemable  promissory  notes in a  future  offering  under  similar  terms  and
conditions  as  the   convertible,   redeemable   promissory   notes   currently
outstanding.

     ADTI reported a working capital deficit position at March 31, 1999. Current
liabilities exceeded current assets by $715,074.  In addition to the $255,000 in
notes  payable to  shareholders  discussed  above,  at March 31,  1999,  current
liabilities  included trade payables and accrued  expenses of $575,904 for costs
of a  reorganization,  operating  costs,  R&D costs  and  various  payables  and
accruals from prior years. While management intends to pursue various strategies
to reduce or eliminate certain of these liabilities,  there is no assurance that
these efforts will be successful.

     The  Company's  efforts  will  continue to be focused on  development  of a
prototype for alternative  applications  and a  comprehensive  business plan for
this market.  The Company will also  continue to evaluate  continued  design and
development of an adequately  bright  projector for use with the Company's fiber
optic screen  technology and on alternative uses for the fiber optic screen.  If
these efforts are not successful, the ability of the Company to raise additional
capital to continue  operations will be  significantly  hindered and the Company
may be forced to  discontinue  operations.  Although the Company  will  continue
efforts  on raising  additional  capital  through  private  placements  or other
sources, there can be no assurances that the Company will be able to acquire the
capital needed or be successful in achieving these objectives.


Impact of the Year 2000 Issue

     There have been no changes in the Company's  assessments or plans regarding
the  impact of the year 2000  since the  Company  filed its Form  10-KSB for the
fiscal year ended June 30, 1998.


                           PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

None.


ITEM 2.  CHANGES IN SECURITIES.

None.



                                       11

<PAGE>


ITEM 3.  DEFAULTS ON 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 ON FORM 8-K.

None.



                                   SIGNATURES


In accordance with the requirements of the Securities  Exchange Act of 1934, the
registrant  has caused  this report on Form 10-QSB to be signed on its behalf by
the undersigned, thereunto duly authorized.


                                        ADVANCE DISPLAY TECHNOLOGIES, INC.
                                                   (Registrant)



Date: May 14, 1999                       /S/ Matthew W. Shankle
                                         ---------------------------------------
                                         Matthew W. Shankle
                                         President
                                         (Chief Executive and Financial Officer)



                                       12