content: UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, DC 20549
  
                                     FORM 144
  
                       NOTICE OF PROPOSED SALE OF SECURITIES
               PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
  
  
  1.   (a)  NAME OF ISSUER:       Note Bankers of America, Inc.
       (b)  IRS INDENT. NO.:          84-0882076
       (c)  SEC FILE NO.:          0-12240
       (d)  ADDRESS OF ISSUER:
                 STREET:                770 S. Post Oak Lane, Suite 690
                 CITY:                  Houston
                 STATE:                 Texas
                 ZIP CODE:              77056
  
  2.   (a)  NAME OF PERSON FOR
            WHOSE ACCOUNT THE
            SECURITIES ARE TO BE SOLD:  Allen  E.  Myers
       (b)  SOCIAL SECURITY NO. OR
            IRS IDENT. NO.:             ###-##-####
       (c)  RELATIONSHIP TO ISSUER:     Officer,  director  and
                                        10%  stockholder
       (d)  ADDRESS:
                 STREET:                4003 Cypressdale Dr.
                 CITY:                  Spring
                 STATE:                 Texas
                 ZIP CODE:              77388
  3.   (a)  TITLE OF THE CLASS OF
            SECURITIES TO BE SOLD:      Common
       (b)  NAME AND ADDRESS OF
            EACH BROKER THROUGH
            WHOM THE SECURITIES
            ARE TO BE OFFERED OR
            EACH MARKET MAKER
            WHO IS ACQUIRING
            THE SECURITIES:             Fidelity Brokerage Services, Inc.
                                        C/O National Financial Services Corp.
                                        P.O. Box  3750
                                        New York, NY 10008-3750
       (c)  NUMBER OF SHARES OR
            OTHER UNITS TO BE SOLD:     98,000
       (d)  AGGREGATE MARKET VALUE:     $257,250
       (e)  NUMBER OF SHARES OR
            OTHER UNITS
            OUTSTANDING:                22,430,000
       (f)  APPROXIMATE DATE OF
            SALE:                       Periodically after filing Form 144
       (g)  NAME OF EACH SECURITIES
            EXCHANGE:None;              NASD OTC electronic bulletin board
  
  <PAGE>
  
  <TABLE>
  <CAPTION>
  
                             TABLE I - SECURITIES TO BE SOLD
  
                          Nature of     Name of Person    Amount of             Nature
  Title of     Date      Acquisition       from Whom      Securities   Date of    of
  the Class  Acquired    Transaction       Acquired        Acquired    Payment  Payment
  -------------------------------------------------------------------------------------
  <S>        <C>       <C>              <C>              <C>           <C>      <C>
  Common      1/23/90  Share Exchange   Note Bankers of  9,392,000(1)  1/23/90  Cash
                       from General     America, Inc.
                       Genetics
                       Corporation (1)
  -------------------------------------------------------------------------------------
  </TABLE>
  
  NOTES:
       (1) Originally acquired  Private  Mortgage  Bankers,  Inc. ("PMB") common
  stock  1/23/90 for cash.   On September 15, 1996, received 9,392,000 shares of
  General  Genetics Corporation ("GGC") common in share exchange for PMB common.
  On  September  24, 1996, pursuant to reorganization of GGC including change of
  name  to  Note  Bankers  of America, Inc., received 9,392,000 shares of NBA in
  exchange for GGC common. See Form 8-K/A dated November 4, 1996 filed on behalf
  of  General  Genetics  Corporation.
  
  <TABLE>
  <CAPTION>
  
                TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
  
                               Title of
                              Securities  Date of     Amount of      Gross
  Name and Address of Seller     Sold      Sale    Securities Sold  Proceeds
  <S>                         <C>         <C>      <C>              <C>
  --------------------------------------------------------------------------
                                None
  --------------------------------------------------------------------------
  </TABLE>
  
  
  REMARKS:
  
  
                      ATTENTION:
                      The  Person for whose account the securities to which this
  notice relates are to be sold hereby represents by signing this notice that he
  does  not  know  any material adverse information in regard to the current and
  prospective  operations  of  the Issuer of the securities to be sold which has
  not  been  publicly  disclosed.
  
  
  
  
       5/6/97                                        /S/  Allen  E.  Myers
  _________________________________________________________________________
       DATE  OF  NOTICE                              SIGNATURE
  
  
  ATTENTION: Intentional misstatements  or  omission of facts constitute Federal
  Criminal  Violations  (See  18  U.S.C.  1001).
metadata_documents: [{"type": "144", "sequence": "1", "secsgml_size_bytes": 4722}]
text: UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, DC 20549
  
                                     FORM 144
  
                       NOTICE OF PROPOSED SALE OF SECURITIES
               PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
  
  1.   (a)  NAME OF ISSUER:       Note Bankers of America, Inc.
       (b)  IRS INDENT. NO.:          84-0882076
       (c)  SEC FILE NO.:          0-12240
       (d)  ADDRESS OF ISSUER:
                 STREET:                770 S. Post Oak Lane, Suite 690
                 CITY:                  Houston
                 STATE:                 Texas
                 ZIP CODE:              77056
  
  2.   (a)  NAME OF PERSON FOR
            WHOSE ACCOUNT THE
            SECURITIES ARE TO BE SOLD:  Allen  E.  Myers
       (b)  SOCIAL SECURITY NO. OR
            IRS IDENT. NO.:             ###-##-####
       (c)  RELATIONSHIP TO ISSUER:     Officer,  director  and
                                        10%  stockholder
       (d)  ADDRESS:
                 STREET:                4003 Cypressdale Dr.
                 CITY:                  Spring
                 STATE:                 Texas
                 ZIP CODE:              77388
  3.   (a)  TITLE OF THE CLASS OF
            SECURITIES TO BE SOLD:      Common
       (b)  NAME AND ADDRESS OF
            EACH BROKER THROUGH
            WHOM THE SECURITIES
            ARE TO BE OFFERED OR
            EACH MARKET MAKER
            WHO IS ACQUIRING
            THE SECURITIES:             Fidelity Brokerage Services, Inc.
                                        C/O National Financial Services Corp.
                                        P.O. Box  3750
                                        New York, NY 10008-3750
       (c)  NUMBER OF SHARES OR
            OTHER UNITS TO BE SOLD:     98,000
       (d)  AGGREGATE MARKET VALUE:     $257,250
       (e)  NUMBER OF SHARES OR
            OTHER UNITS
            OUTSTANDING:                22,430,000
       (f)  APPROXIMATE DATE OF
            SALE:                       Periodically after filing Form 144
       (g)  NAME OF EACH SECURITIES
            EXCHANGE:None;              NASD OTC electronic bulletin board
  TABLE I - SECURITIES TO BE SOLD
  
                          Nature of     Name of Person    Amount of             Nature
  Title of     Date      Acquisition       from Whom      Securities   Date of    of
  the Class  Acquired    Transaction       Acquired        Acquired    Payment  Payment
  -------------------------------------------------------------------------------------
  Common      1/23/90  Share Exchange   Note Bankers of  9,392,000(1)  1/23/90  Cash
                       from General     America, Inc.
                       Genetics
                       Corporation (1)
  -------------------------------------------------------------------------------------
  NOTES:
       (1) Originally acquired  Private  Mortgage  Bankers,  Inc. ("PMB") common
  stock  1/23/90 for cash.   On September 15, 1996, received 9,392,000 shares of
  General  Genetics Corporation ("GGC") common in share exchange for PMB common.
  On  September  24, 1996, pursuant to reorganization of GGC including change of
  name  to  Note  Bankers  of America, Inc., received 9,392,000 shares of NBA in
  exchange for GGC common. See Form 8-K/A dated November 4, 1996 filed on behalf
  of  General  Genetics  Corporation.
  TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
  
                               Title of
                              Securities  Date of     Amount of      Gross
  Name and Address of Seller     Sold      Sale    Securities Sold  Proceeds
  --------------------------------------------------------------------------
                                None
  --------------------------------------------------------------------------
  REMARKS:
  
                      ATTENTION:
                      The  Person for whose account the securities to which this
  notice relates are to be sold hereby represents by signing this notice that he
  does  not  know  any material adverse information in regard to the current and
  prospective  operations  of  the Issuer of the securities to be sold which has
  not  been  publicly  disclosed.
  
       5/6/97                                        /S/  Allen  E.  Myers
  _________________________________________________________________________
       DATE  OF  NOTICE                              SIGNATURE
  
  ATTENTION: Intentional misstatements  or  omission of facts constitute Federal
  Criminal  Violations  (See  18  U.S.C.  1001).