SECURITIES AND EXCHANGE COMMISSION

                             450 Fifth Street, N.W.
                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT



                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                        Date of Report: December 31, 1996


                            Atlantic Industries, Inc.
               --------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)



     Colorado                      0-9455                     13-3045713
    ---------                   -----------                  -------------
    (State of                   (Commission                  (IRS Employer
  incorporation)                File Number)              Identification No.)


                 38 South Audley Street, London, England W1Y 5DH
                 -----------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)


     Registrant's telephone number, including area code: 011-44171-629-7617

                         Little Prince Productions, Ltd.
          ------------------------------------------------------------
          (Former Name or Former Address, if Change Since Last Report)

Item 2.           Change in Control

         Since 1994, the Patchouli  Foundation  ("Patchouli")  has made loans to
Atlantic  Industries,  Inc.,  formerly  Little  Prince  Productions,  Ltd.  (the
"Company"),  to cover costs and  expenses  incurred in  connection  with various
corporate activities, including without limitation, legal, accounting and filing
fees incurred in connection with the preparation of the Company's Annual Reports
on Form  10-K for the years  ended  December  31,  1993,  1994 and  1995,  proxy
statements and state income tax returns. Patchouli is a non-discretionary family
trust,  governed by  Liechtenstein  law, set up for the benefit of the family of
Adrian P.  Kirby,  the  Chairman  of the  Board,  Chief  Executive  Officer  and
President  of the Company.  Mr. Kirby may be deemed to be a beneficial  owner of
such shares  through the  investment  and voting powers which Mr. Kirby has over
such shares through his position as  attorney-in-fact  for the  administrator of
Patchouli.

         As of December 31, 1996,  Patchouli had loaned to the Company  $170,000
exclusive of interest (the "Patchouli Loan"). On December 31, 1996, the Board of
Directors (the "Board") unanimously  authorized the issuance of 1,360,000 shares
of the  Company's  $.01 par  value  common  stock  (the  "Common  Stock"  or the
"Shares")  to  Patchouli  in payment  for the  Patchouli  Loan and all  interest
thereon. As a result of this exchange,  Patchouli became the beneficial owner of
51.4% of Common Stock issued and  outstanding.  Prior to the exchange  Patchouli
owned approximately 25% of the Common Stock issued and outstanding. Although the
Common  Stock  currently  has no value,  the Board  valued the Common Stock at a
price of $.125  per share  for  purposes  of  determining  the  number of Shares
Patchouli  would receive as payment for the Patchouli  Loan.  The Board believed
that the offered price of $.125 per share was fair and reasonable to the Company
and its shareholders.

         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.

                                        ATLANTIC INDUSTRIES, INC.



Date:  January 14, 1997                 By: /s/ Peter N. Chapman
                                            --------------------------------
                                            Peter N. Chapman, Director and Chief
                                            Financial Officer