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                SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C.

Litigation Release No.  15350 / April 24, 1997

Securities and Exchange Commission v. J.R. Consulting Inc.
Case No. 97-CV-00834 (D.D.C.)  (filed April 24, 1997)

     On April 24, 1997, the Commission filed a complaint in the
United States District Court for the District of Columbia against
J.R. Consulting, Inc.  The complaint alleges that J.R.
Consulting, a Miami-based electrical accessories corporation,
failed to make available to the investing public current and
accurate information about its financial condition and results of
operation through the filing of periodic reports with the
Commission as required by the Securities Exchange Act of 1934
("Exchange Act").  Specifically, the complaint alleges that J.R.
Consulting has not filed its Annual Report on Form 10-K for the
fiscal year ended June 30, 1996, three Quarterly Reports on Form
10-Q for the fiscal quarters ended December 31, 1996, September
30, 1996 and March 31, 1996, and three Notifications of Late
Filing with respect to its delinquent reports.  The Commission
seeks to compel J.R. Consulting to file its delinquent periodic
reports and to enjoin J.R. Consulting from further violations of
Section 13(a) of the Exchange Act of 1934 and Rules 12b-25, 13a-1
and 13a-13 thereunder.  Simultaneously with the filing of the
Commission's complaint, J.R. Consulting consented to the entry of
a Final Judgment granting the relief sought by the Commission and
admitted that it had not filed the periodic reports as described
above.