1
                    SECURITIES AND EXCHANGE COMMISSION

                          Washington, D.C. 20549

                                 FORM 10-C

              REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ

                       INTERDEALER QUOTATION SYSTEM


               Filed pursuant to Section 13 or 15(d) of the
              Securities Exchange Act of 1934 and Rule 13a-17
                           or 15d-17 thereunder


                         Hitox Corporation of America
                         ----------------------------
              (Exact name of issuer as specified in charter)


               418 Peoples Street, Corpus Christi, Texas 78401
               -----------------------------------------------
                 (Address of principal executive offices)


Issuer's telephone number, including area code  (512) 882-5175
                                                --------------

                I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:

1.    Title of Security  $.25 par value Common Stock ("Common Shares")
                         ---------------------------------------------
2.    Number of shares outstanding before the change    3,657,487
                                                        ---------
3.    Number of shares outstanding after the change     4,657,487
                                                        ---------
4.    Effective date of change    June 25, 1996
                                  -------------
5.    Method of change:

      Specify method (such as merger, acquisition exchange, distribution,
      stock split, reverse split, acquisition of stock for treasury, etc.)

                stock sale
           ------------------
      Give brief description of transaction:

           On June 25, 1996, the Company completed the sale of one million
shares of its common Stock in a private transaction to Syarikat Megawati, Sdn.
Bhd, for $4,000,000.



                       II. CHANGE IN NAME OF ISSUER

5.    Name prior to change   N/A
                             ---
6.    Name after change     
                             ---  
7.    Effective date of charter amendment changing name   
                                                           ---
8.    Date of shareholder approval of change, if required 
                                                           ---


Date: July 2, 1996                       /s/ Thomas A. Landshof
        (Date)                               -----------------------
                                             Thomas A. Landshof
                                             President
                                             (Officer's Signature and title)