[TYPE]


                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                  FORM 8-K

                               CURRENT REPORT

                   PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934


   Date of Report (Date of earliest event reported):  August 16, 1996

                           REGENT TECHNOLOGIES, INC. 
            (Exact name of Registrant as specified in its charter)


 Colorado                              0-9519                    84-0807913
(State or other jurisdiction        (Commission File          (IRS Employer
incorporation or organization)          Number)             Identification)

  
8080 North Central, Suite 400, Dallas, Texas                       75206
(Address of principal executive offices)                         (zip code)



Item 2. 

(a)  On August 16, 1996, the Board of Directors of the Registrant approved
an agreement in principle authorizing the Company to license the  
technologies necessary to offer dialup access to the Internet.  On August
20, 1996, the Company completed the execution of Contract and License
Agreements whereby the Company has licensed the worldwide right of first 
refusal to utilize the technology, digital equipment and software of National
Knowledge Networks, Inc. for Internet access through an exclusive sublicense
agreement from NKN Technologies, Inc.  The Contract calls for the Company
to grant to NKN Technologies, Inc. 2,500,000 shares of the common stock of
the Company of which 600,000 shares will be registered and 1,900,000 shares
will be restricted shares.  To accomplish the grant of the registered stock,
the Board approved the exchange of restricted shares of the Company for 
registered shares on the basis of three restricted shares for one registered
share.

     The License Agreement will give the Company access to digital 
telecommunications equipment which is superior in quality to those 
available from the traditional Internet Service Providers.  The License 
includes technical support resources for an initial period of time.
The Company will provide ISP services under the name TEL1.net.  The Company
plans to offer website development services to its customers, both for 
personal and commercial usage.  The License Agreement has a primary term
of five years.

(b)  On August 16, 1996, the Board of Directors of the Company approved 
the divestment of 81% of the Company's wholly owned subsidiary, SSB
Environmental, Inc.("SSB") in a sale to the management of SSB for $10,000
cash and 500,000 shares of common stock of the Registrant.  The final terms
of the divestment contract, including the effective date, have not been 
determined.  

                                 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 thereunto duly authorized.

                                   REGENT TECHNOLOGIES, INC.



                                   David A. Nelson, President

Date:  August 21, 1996