10QSB/A

  	U.S. SECURITIES AND EXCHANGE COMMISSION
	Washington, DC  20549

	FORM 10-QSB


	(Mark One)

	*Quarterly report under Section 13, or 15 (d) of the 
Securities Exchange Act of 1934

	For the quarterly period ended  January 31, 1998 

	*Transition report under Section 13 or 15 (d) of the Exchange 
Act 

	For the transition period from ________________ to 
_________________

	Commission file number          33-16335                        
                                                         


                                                                    
MALEX, INC..                                                       
	(Exact Name of Small Business Issuer as Specified in Its Charter)


	                             Delaware                           
       			                    75-2235008                   
    
	(State or Other Jurisdiction of					
	(I.R.S. Employer
    	 Incorporation or Organization)						 
Identification No.)	


                                                  2415 Midway Road, 
Suite 121, Carrollton, Texas   75006                                 
     
	(Address of Principal Executive Offices)


                                                                 
(972) 733-3005                                                       
    
	(Issuer's Telephone Number, Including Area Code)


                                        17770 Preston Road, Dallas, 
Texas   75252                          
	(Former Name, Former Address and Former Fiscal Year, if Changed Since 
Last Report)


	Check whether the issuer: (1) filed all reports required to be 
filed by Section 13 or 15(d) of the Exchange Act 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 past 90 days.
*Yes	*No
	APPLICABLE ONLY TO ISSUERS INVOLVED IN
	BANKRUPTCY PROCEEDINGS DURING THE 
	PRECEDING FIVE YEARS

	Check whether the registrant filed all documents and reports 
required to be filed by Section 12, 13, or 15 (d) of the Exchange Act 
after the distribution of securities under a plan confirmed by a 
court.
*Yes	*No

	APPLICABLE ONLY TO CORPORATE ISSUERS

	State the number of shares outstanding of each of the issuer's 
classes of common equity, as of the latest practicable date: 
32,550,000






	MALEX, INC.



	I N D E X


                                                  
									    Page No.

Part I		FINANCIAL INFORMATION:

		Item 1.	Balance Sheets						2

				Statements of Operations			3

				Statements of Cash Flows			4

				Notes to Financial 
				Statements (unaudited)			5

		Item 2.	Management's Discussion
				and Analysis of Financial
				Condition and Results of
				Operations					5

Part II	OTHER INFORMATION						6



	MALEX, INC.
	(a development stage company)
	PART I.  FINANCIAL INFORMATION

	CONDENSED BALANCE SHEETS
	(Unaudited)

	ASSETS

                                 	           	
	January 31,1998 	April 30, 1997
	(Unaudited)	(Audited)

  Cash	$	470 	$	470 

Total Assets	$	470 	$	470 


	LIABILITIES AND STOCKHOLDERS' EQUITY


Note Payable - Affiliate	$	- 	$	- 

Stockholders' Equity:
  Common stock (number of 
  shares authorized 75,000,000,        
  issued and outstanding  
  32,550,000 shares, par value	 
  $0.00002/sh)		651 		651 
Additional Paid in Capital	  1,614		   1,614
Retained earnings (deficit)		(1,795)		(1,795)

Total Liabilities &
Stockholders' Equity	$	470 	$	470 








The accompanying notes are an integral part of these financial 
statements.




	MALEX, INC.
	(a development stage company)

	STATEMENTS OF OPERATION

	(Unaudited) 
			                                     			         
                
	Nine Months Ended
		January  31,	
	1998	1997


Income	$	       -     	$	-    

Expenses - General and 
  Administrative	$	       -     	$	       -    

Net Income (Loss)	$	       -     	$	-    

Earnings per common share*		*     		*    

*(less than $0.001 per 
  share)

Weighted average number of 
  shares outstanding		   32,550,000 		32,550,000 









The accompanying notes are an integral part of these statements.




	MALEX, INC.
	(a development stage company)

	                                                              
	STATEMENTS OF CASH FLOWS 
                                                                
                                   						Nine Months  	Nine Months   
                                        						 Ended      	Ended      
						                               January 31, 1998 January 31, 1997
CASH FLOWS FROM OPERATING 
	ACTIVITIES:	

Cash Received From Customers	$	-       	$	-       

	Cash Paid to Employees and
		Other Suppliers of Goods
			and Services		-       		-       

NET CASH PROVIDED (USED) BY
	OPERATING ACTIVITIES		-       		-       
 
NET CASH PROVIDED (USED) BY
	INVESTING ACTIVITIES		-       		-       
  
NET CASH PROVIDED (USED) BY
	FINANCIAL ACTIVITIES		-       		-       

NET INCREASE (DECREASE) IN CASH		-       		-       
 
BEGINNING CASH BALANCE		470       		470       

CASH BALANCE AT END OF PERIOD	$	470       	$	470       








The accompanying notes are an integral part of these financial 
statements.




NOTES TO FINANCIAL STATEMENTS
(UNAUDITED)


Item 1.	Financial Statements

The accompanying unaudited financial statements have been prepared in 
accordance with the instructions to Form 10-Q and do not include all of 
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.  These statements should be read in conjunction with the 
audited financial statements and notes thereto included in the 
Registrant's Form 10-K for the year ended April 30, 1997. 

Item 2.	Management Discussion and Analysis of Financial Condition and 
Results of Operations

Registrant has no operations or substantial assets and intends to seek 
out and obtain candidates with which it can merge or whose operations 
or assets can be acquired through the issuance of common stock and 
possibly debt.  Following a distribution of its common stock to the 
shareholders of Forme Capital, Inc. ("Forme") the Registrant has 
approximately 1,000 shareholders.

It is the present expectation of the Management of Registrant that in 
connection with any such merger or acquisition of operations or assets 
that the Management of Registrant will be transferred to the new 
controlling shareholders.  The Management of Registrant intends to 
negotiate covenants with any such company or controlling shareholders 
that it/they will maintain Registrant's registration with the 
Securities and Exchange Commission, comply with the terms of its 
Articles of Incorporation and Bylaws in all respects, maintain and 
promote an orderly market in Registrant's Common Stock and otherwise 
treat Registrant's shareholders fairly.

Liquidity and Capital Resources

Registrant is a development-stage company and has not conducted any 
business operations as yet.  The Company's cash resources and liquidity 
are extremely limited.  The Company has no assets to use as collateral 
to allow the Company to borrow, and there is no available external 
funding source other than Forme which has agreed to provide up to 
$9,200 for expenses connected with the attempt to find a business 
combination partner.  If no combination partner is found within twelve 
months, Registrant will experience severe cash flow difficulties.  
Registrant's principal needs for capital are for Securities and 
Exchange Commission reporting requirements, bookkeeping, and 
professional fees.






PART II.   OTHER INFORMATION


Item 6.	Exhibits and Reports on Form 8-K


NONE





SIGNATURES


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 thereto duly authorized.



						MALEX, INC.
						(Registrant)



						By:   /s/ Daniel Wettreich		
						DANIEL WETTREICH, PRESIDENT


Date:  April 24, 1998
 



 

 




2

EX-5

[ARTICLE] 5
[CIK] 0000819926
[NAME] 
                             
[PERIOD-TYPE]                   9-MOS
[FISCAL-YEAR-END]                          APR-03-1998
[PERIOD-END]                               JAN-31-1998
[CASH]                                             470
[SECURITIES]                                         0
[RECEIVABLES]                                        0
[ALLOWANCES]                                         0
[INVENTORY]                                          0
[CURRENT-ASSETS]                                   470
[PP&E]                                               0
[DEPRECIATION]                                       0
[TOTAL-ASSETS]                                     470
[CURRENT-LIABILITIES]                                0
[BONDS]                                              0
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                           651
[OTHER-SE]                                       (181)
[TOTAL-LIABILITY-AND-EQUITY]                       470
[SALES]                                              0
[TOTAL-REVENUES]                                     0
[CGS]                                                0
[TOTAL-COSTS]                                        0
[OTHER-EXPENSES]                                     0
[LOSS-PROVISION]                                     0
[INTEREST-EXPENSE]                                   0
[INCOME-PRETAX]                                      0
[INCOME-TAX]                                         0
[INCOME-CONTINUING]                                  0
[DISCONTINUED]                                       0
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                         0
[EPS-PRIMARY]                                        0
[EPS-DILUTED]                                        0