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
July 20, 1998
Date of Report
LBO CAPITAL CORP.
(Exact Name of Registrant as specified in its charter)
Colorado 33-19107 38-2780733
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(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
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (248) 851-5651
N/A
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Former name or former address, if changed from last report
ITEM 5: Other Events
Effective July 20, 1998 the Board of Directors of LBO Capital Corp. (the
"Registrant") adopted a resolution extending the exercise period of the
Registrant's Callable Class A Common Stock Purchase Warrants ("Class A
Warrants"), the Callable Class B Common Stock Purchase Warrants ("Class B
Warrants") and the Callable Class C Common Stock Purchase Warrants ("Class C
Warrants").
The Class A Warrants, which were originally exercisable for twelve months
(through February 26, 1989) and subsequently extended to expire on various
dates, the latest being July 25, 1998, were extended to July 25, 1999. Each
Callable Class A Warrant entitles its holder to purchase one share of the
Registrant's $.0001 par value common stock for $.50 each share and can be
exercised at any time prior to the extended expiration date of July 25, 1999.
The Class B Warrants, which were originally exercisable for eighteen months
(through August 26, 1989) and subsequently extended to expire on various
dates, the latest being July 25, 1998, were extended to July 25, 1999. Each
Callable Class B Warrant entitles its holder to purchase one share of the
Registrant's $.0001 par value common stock for $.75 each share and can be
exercised at any time prior to the extended expiration date of July 25, 1999.
The Class C Warrants which were originally exercisable for twenty-four months
(through February 26, 1990) and subsequently extended to expire on various
dates, the latest being July 25, 1998, were extended to July 25, 1999. Each
Callable Class C Warrant entitles its holder to purchase one share of the
Registrant's $.0001 par value common stock for $1.00 each share and can be
exercised at any time prior to the extended expiration date of July 25, 1999.
The Registrant's Controller notified the Registrant's Stock Transfer Agent by
letter of July 20, 1998 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: July 20, 1998
LBO CAPITAL CORP.
By s/ Thomas W. Itin
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Thomas W. Itin, President