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

                                   FORM 10-QSB
      (Mark One)
      (X) Quarterly report under Section 13 or 15(d) of the Securities Exchange 
          Act of 1934 For the quarterly period ended September 30, 1996
      ( ) Transition report under Section 13 or 15(d) of the Exchange Act
      For the transition period from _______________ to ____________________
 
                   Paradigm Advanced Technologies, Inc.
    (Exact Name of Small Business Issuer as Specified in Its Charter)

                    Delaware                         33-0692466
           (State or Other Jurisdiction of        (I.R.S. Employer
           Incorporation or Organization)         Identification No.)

   5140 Yonge Street, Suite 1525, North York, Ontario, Canada M2N 6L7
            (Address of Principal Executive Offices)

                          (416) 222-9629
         (Issuer's Telephone Number, Including Area Code)

                                       N/A
  (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 the past 90 days.  
Yes x No__________

      As of November 13, 1996,  the issuer had  13,008,343  shares of its common
stock issued and outstanding.

      Traditional Small Business Disclosure Format (check one):
Yes x No __________









Item 6.  Exhibits and Reports on Form 8-K.

(a)   Exhibits

      Exhibit 27.  Financial Data Schedule.  (filed electronically herewith)










                                    
                                   SIGNATURES

     In accordance  with the Exchange Act, the registrant  caused this Report to
be signed on its behalf by the undersigned, thereunto duly authorized.

                              PARADIGM ADVANCED TECHNOLOGIES, INC.

Date: April 18, 1997

                               By:  /s/ Jack Y. L. Lee
                                    Jack Y. L. Lee
                                    Chief Executive Officer and
                                      Chief Financial Officer



                               By:  /s/ David Kerzner
                                    David Kerzner
                                    President





                                  EXHIBIT INDEX

EXHIBIT                                            METHOD OF FILING
27.  Financial Date Schedule                  Filed  herewith electronically