UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

                          SCHEDULE 13D
            Under the Securities Exchange Act of 1934
                       (Amendment No. __)

                 Dynasil Corporation of America
                        (Name of Issuer)

                          Common Stock
                 (Title of Class of Securities)

                            268102100
                         (CUSIP Number)

                       Mr. Craig T. Dunham
               C/o Dynasil Corporation of America
                         385 Cooper Road
                      West Berlin, NJ 08091
                         (856-767-4600)

                         with a copy to:

                      Gerald Chalphin, Esq.
                   427 E. Mt. Pleasant Avenue
                     Philadelphia, PA 19119
                         (215-248-1113)
          (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and
                         Communications)

     If  the filing person has previously filed a statement
     on  Schedule 13G to report the acquisition that is the
     subject  of  this  Schedule 13D, and  is  filing  this
     schedule because of Section 240.13d-1(e), 240.13d-1(f) or
     240.13d-1(g), check the following box. [  ]



                             SCHEDULE 13D


CUSIP NO.  268102100

1 NAME OF REPORTING PERSON
  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

  Craig T. Dunham, IN



2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
     (a) [   ]           (b) [   ]


3 S.E.C. USE ONLY


4 SOURCE OF FUNDS*
                       PF


5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
 TO ITEMS 2(d) OR 2(E)   [   ]


6 CITIZENSHIP OR PLACE OF ORGANIZATION
              United States citizen;


   NUMBER OF    7  SOLE VOTING POWER
    SHARES         2,200,000
   OWNED BY     8  SHARED VOTING POWER
     EACH                    none
   REPORTING    9  SOLE DISPOSITIVE POWER
    PERSON         2,200,000
     WITH      10  SHARED DISPOSITIVE POWER
                             none

11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           2,200,000

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*              n/a

13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   30.8% currently, 49.5% if warrant is exercised

14 TYPE OF REPORTING PERSON*
             IN


                  *SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1.  Security and Issuer.

The title of the class of equity securities is Common Stock.
The issuer is Dynasil Corporation of America ("Dynasil").
Its principal executive offices are located at 385
Cooper Road, West Berlin, NJ 08091.

Item 2.  Identity and Background.

The person on whose behalf this Schedule 13D Statement is made is
Craig  T.  Dunham, a United States citizen. Mr. Dunham's business
address  is c/o Dynasil Corporation of America, 385 Cooper  Road,
West  Berlin, NJ 08091. Mr. Dunham's present principal occupation
is President and Chief Executive Officer of Dynasil, a fabricator
of  optical blanks from synthetic fused silica, fused quartz  and
other  optical materials, the principal business address of which
is  385 Cooper Road, West Berlin, NJ 08091. During the last  five
years,  Mr.  Dunham  has  not been (a) convicted  in  a  criminal
proceeding  excluding traffic violations or similar  misdemeanors
or   (b)  a  party  to  a  civil  proceeding  of  a  judicial  or
administrative body as a result of which he became subject  to  a
judgment,  decree  or order enjoining future  violations  of,  or
prohibiting or mandating activities subject to, federal or  state
securities  laws  or finding any violation with respect  to  such
laws.

Item 3.  Source and Amount of Funds or Other Consideration.

The  source  and  amount of funds used to acquire  the  1,000,000
shares of Common Stock acquired by Mr. Dunham was personal  funds
in the amount of $150,000. Mr. Dunham expects that personal funds
also  will  be  used  to acquire any of the shares  that  he  may
acquire pursuant to a warrant to purchase an additional 1,200,000
shares  of  Common Stock. The aggregate purchase price  of  those
shares varies from a low of $495,000 to a high of $550,000.

Item 4.  Purpose of Transaction.

The  purpose  of  the  transaction was to permit  Mr.  Dunham  to
acquire  a  significant equity position in Dynasil in  connection
with  becoming  its  President and Chief Executive  Officer.  Mr.
Dunham may acquire up to an additional 1,200,000 shares of Common
Stock upon exercise of a Warrant issued to him by Dynasil. At the
date  hereof, Mr. Dunham has no definitive plans for  Dynasil  to
enter  into a significant corporate transaction, sell or transfer
a  material  amount  of  assets,  change  the  present  board  of
directors  or  management,  change  Dynasil's  capitalization  or
dividend policy, business or corporate structure, charter, bylaws
or  constituent instruments, cause any class of its securities to
be  delisted  or not be quoted, terminate the registration  of  a
class  of  equity  securities  under  section  12(g)(4)  of   the
Securities Exchange Act of 1934 or similar action.

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Item 5.  Interest in Securities of the Issuer.

At  the  date hereof, Mr. Dunham owns beneficially and of  record
1,000,000   shares   of  Dynasil's  Common  Stock,   representing
approximately 30.8% of the number outstanding at the date hereof.
Mr.  Dunham  also  has the right to acquire up to  an  additional
1,200,000  shares  of Dynasil's Common Stock  on  exercise  of  a
warrant  to  purchase those shares. If Mr. Dunham exercises  that
warrant  in  full, he will own approximately 49.5%  of  Dynasil's
outstanding  shares, assuming no additional  stock  issuances  or
adjustments  to  the number of shares issuable  pursuant  to  the
warrant.  Mr. Dunham has sole voting and dispositive  power  with
respect  to  all those shares. Mr. Dunham acquired the  1,000,000
shares  he  currently owns on September 30, 2004 in a  negotiated
private  transaction  between Dynasil and him  for  an  aggregate
purchase price of $150,000 ($.15 per share).

Item 6.  Contracts, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.

None.

Item 7.  Material to be Filed as Exhibits.

None.

Page 4 of 5



Signature.

After reasonable inquiry and to the best of my knowledge and
belief,  I  certify  that  the  information  set  forth  in  this
statement is true, complete and correct.

                                   October 4, 2004
                                   Date

                                    s/s Craig T. Dunham
                                   Signature

                                   Craig  T.  Dunham ,  President
                                   and CEO
                                   Name/Title


The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative. If
the statement is signed on behalf of a person by his authorized
representative (other than an executive officer or general partner
of this filing person), evidence of the representative's authority
to sign on behalf of such person shall be filed with the statement,
provided, however, that a power of attorney for this purpose which
is already on file with the Commission may be incorporated by
reference. The name and any title of each person who signs the
statement shall be typed or printed beneath his signature.

Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U. S. C. 1001).

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