FORM 8-K


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                 CURRENT REPORT

                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934


                                November 9, 1995
                                 Date of Report



                                LBO CAPITAL CORP.
             (Exact Name of Registrant as specified in its charter)


     Colorado                         33-19107                 38-2780733
  (State or other                    (Commission            (I.R.S. Employer
  jurisdiction of                    file number)         Identification Number)
  incorporation or
  organization)


             7001 Orchard Lake Road, Suite 424
             West Bloomfield, Michigan                                48322-3608
             (Address of Principal Executive Offices)                 (Zip Code)


       Registrant's telephone number, including area code: (810) 851-5651


                                       N/A
           Former name or former address, if changed from last report





ITEM 5:  Other Events

    Effective November 9, 1995, the Board of Directors of LBO Capital Corp. (the
    "Registrant")  adopted a resolution  extending  the  exercise  period of the
    Registrant's  warrants  issued to its  directors  from  December  4, 1995 to
    December 4, 1996. The warrants were issued as follows:

                      Director                       Number of Shares
                      --------                       ----------------
                     Thomas W. Itin                      1,000,000
                     Anthony B. Cashen                     200,000
                     Robert W. Schwartz                    100,000

The  warrants  entitles  its holder to  purchase  one share of the  Registrant's
$.0001 par value  common  stock for $.04 each share and can be  exercised at any
time prior to the extended expiration date of December 4, 1996.


The Registrant's  Controller  notified the Registrant's  Stock Transfer Agent by
letter of November 9, 1995 as to the extensions.




                                   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.


Date: November 9, 1995

                                LBO CAPITAL CORP.


                                By s/ Thomas W. Itin
                                  ------------------------------
                                  Thomas W. Itin, President