==========================================START OF PAGE 1======

          Securities Exchange Act of 1934
          Release No. 38367 \ March 5, 1997

ADMINISTRATIVE PROCEEDINGS INSTITUTED 
AGAINST GARCIS U.S.A., INC.

     On March 5, 1997, the Commission instituted administrative
proceedings pursuant to Section 12(j) of the Securities Exchange
Act of 1934 to revoke the common stock registration of Garcis
U.S.A., Inc. ( Garcis ) due to the company s dissemination of
false and misleading information and its failure to file required
periodic reports with the Commission.

     Garcis, a Colorado corporation, maintained its principal
offices in Scottsdale, Arizona.  Throughout 1995, Garcis was the
exclusive distributor in the United States for Garcis, S.A., a
Mexican manufacturer of athletic equipment and supplies.  The
Commission alleged that during the same period officers of the
company and other controlling shareholders caused the
dissemination of false and misleading promotional material that
was released in order to create interest in the company's
products and its securities.  The Commission alleged that Garcis
also failed to file on a timely basis its quarterly and annual
reports, and with respect to those reports that Garcis did file,
those reports contained material omissions and
misrepresentations.

Related releases:  
Securities Exchange Act of 1934 Release No. 34-36366, Order of
Suspension of Trading (October 13, 1995); SEC Litigation Rel. No.
15091, Securities and Exchange Commission v. Poirier et al.,
(Civ. No. 96-2243-PHX-ROS, J. Silver)(USDC/Ariz., Sept. 30,
1996).