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): October 15, 1996



                       ADVANCE DISPLAY TECHNOLOGIES, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)



     Colorado                          0-15224                  84-0969445
----------------------              ------------            ------------------
(State of other juris-              (Commission              (I.R.S. Employer
 diction of incorpora-              File Number)            Identification No.)
 tion)



  1251 South Huron, Unit C                  
       Denver, Colorado                                          80223
---------------------------------------                        ---------
(Address of Principal Executive Offices)                       (Zip Code)



Registrant's telephone number including area code: (303) 733-5339
                                                   --------------

Former name or former address if changed since last report:

         N/A





<PAGE>



ITEM 1.           CHANGES IN CONTROL OF REGISTRANT

                  No report required.

ITEM 2.           ACQUISITION OR DISPOSITION OF ASSETS.

                  No report required.

ITEM 3.           BANKRUPTCY OR RECEIVERSHIP.

                  No report required.

ITEM 4.           CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

                  No report required.

ITEM 5.           OTHER EVENTS.

                  Advance Display  Technologies,  Inc. (the "Company") is unable
         to file its Annual Report on Form 10-KSB for the fiscal year ended June
         30, 1996 within the  prescribed due date. The Report was originally due
         to be filed on or about  September  30,  1996,  extended to October 14,
         1996. As of the extended due date,  the Company is still unable to file
         the required Report.

                   Due to a continuing need for working capital,  the Company is
         unable to retain qualified advisors to assist in preparation and filing
         of the  Report.  During  the last two fiscal  years and in the  interim
         period  up to the date of this  Report,  the  Company  has been  funded
         entirely by contributions to a research and development  partnership in
         which  the  Company  acts  as  general   partner.   While  the  Company
         anticipates  receipt of additional  working capital to retain attorneys
         and accountants to assist in preparation of the Report and audit of the
         Company's  financial  statements,  the  Company  has not  received  the
         required working capital in time to file the Report in a timely manner.
         Management  will use its best efforts to finish the Report within these
         limits.

ITEM 6.           RESIGNATION OF REGISTRANT'S DIRECTORS.

                  No report required.

ITEM 7.           FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION
                  AND EXHIBITS

         (a)      Financial Statements of Businesses Acquired.
                  --------------------------------------------

                  No report required.

                                        2

<PAGE>



         (b)      Proforma Financial Information.
                  -------------------------------

                  No report required.

         (c)      Exhibits.
                  ---------

                 No report required.

ITEM 8.           CHANGE IN FISCAL YEAR.

                  No report required.





                                        3

<PAGE>


                                    SIGNATURE


         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this  report to be filed on its behalf by the
undersigned thereunto duly authorized.

                                          ADVANCE DISPLAY TECHNOLOGIES, INC.


Date: October 14, 1996                    By:  /s/  DARRELL AVEY
                                             ----------------------------------
                                               Darrell Avey, Chairman



                                        4
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{"company-data": {"conformed-name": "ADVANCE DISPLAY TECHNOLOGIES INC", "cik": "0000770034", "assigned-sic": "6794", "irs-number": "840969445", "state-of-incorporation": "CO", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-15224", "film-number": "96643311"}, "business-address": {"street1": "1251 S HURON UNIT C", "city": "DENVER", "state": "CO", "zip": "80223", "phone": "3037416695"}, "mail-address": {"street1": "5251 DTC PARKWAY", "street2": "SUITE 1210", "city": "ENGLEWOOD", "state": "CO", "zip": "80111"}}
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): October 15, 1996

                       ADVANCE DISPLAY TECHNOLOGIES, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)

     Colorado                          0-15224                  84-0969445
----------------------              ------------            ------------------
(State of other juris-              (Commission              (I.R.S. Employer
 diction of incorpora-              File Number)            Identification No.)
 tion)

  1251 South Huron, Unit C                  
       Denver, Colorado                                          80223
---------------------------------------                        ---------
(Address of Principal Executive Offices)                       (Zip Code)

Registrant's telephone number including area code: (303) 733-5339
                                                   --------------

Former name or former address if changed since last report:

         N/A
ITEM 1.           CHANGES IN CONTROL OF REGISTRANT

                  No report required.

ITEM 2.           ACQUISITION OR DISPOSITION OF ASSETS.

                  No report required.

ITEM 3.           BANKRUPTCY OR RECEIVERSHIP.

                  No report required.

ITEM 4.           CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

                  No report required.

ITEM 5.           OTHER EVENTS.

                  Advance Display  Technologies,  Inc. (the "Company") is unable
         to file its Annual Report on Form 10-KSB for the fiscal year ended June
         30, 1996 within the  prescribed due date. The Report was originally due
         to be filed on or about  September  30,  1996,  extended to October 14,
         1996. As of the extended due date,  the Company is still unable to file
         the required Report.

                   Due to a continuing need for working capital,  the Company is
         unable to retain qualified advisors to assist in preparation and filing
         of the  Report.  During  the last two fiscal  years and in the  interim
         period  up to the date of this  Report,  the  Company  has been  funded
         entirely by contributions to a research and development  partnership in
         which  the  Company  acts  as  general   partner.   While  the  Company
         anticipates  receipt of additional  working capital to retain attorneys
         and accountants to assist in preparation of the Report and audit of the
         Company's  financial  statements,  the  Company  has not  received  the
         required working capital in time to file the Report in a timely manner.
         Management  will use its best efforts to finish the Report within these
         limits.

ITEM 6.           RESIGNATION OF REGISTRANT'S DIRECTORS.

                  No report required.

ITEM 7.           FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION
                  AND EXHIBITS

         (a)      Financial Statements of Businesses Acquired.
                  --------------------------------------------

                  No report required.

                                        2
(b)      Proforma Financial Information.
                  -------------------------------

                  No report required.

         (c)      Exhibits.
                  ---------

                 No report required.

ITEM 8.           CHANGE IN FISCAL YEAR.

                  No report required.

                                        3
SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this  report to be filed on its behalf by the
undersigned thereunto duly authorized.

                                          ADVANCE DISPLAY TECHNOLOGIES, INC.

Date: October 14, 1996                    By:  /s/  DARRELL AVEY
                                             ----------------------------------
                                               Darrell Avey, Chairman

                                        4