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
March 24, 2003
COMPUSONICS VIDEO CORPORATION
(Exact Name of Registrant as specified in its charter)
COLORADO 0-14200 84-1001336
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State or other jurisdiction ( Commission file number) (I.R.S. Employer
of incorporation or Identification Number)
organization)
32751 Middlebelt Road, Ste. B
Farmington Hills, MI 48334
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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 March 18, 2003, the Board of Directors of CompuSonics Video
Corporation (the "Registrant") has extended the expiration date of the Class A
Warrants and the related underlying Class B Warrants (represented by the
Class A Warrants) from 5:00 p.m. Mountain Time, March 31, 2003, to 5:00 p.m.
Mountain Time, June 30, 2003. The exercise prices and conditions of exercising
these Warrants of both Class A and Class B, and all the Registrant's rights
(including making a redemption of the Class A Warrants, if desired), all remain
the same as spelled out in the Prospectus of November 27, 1985, with the sole
exception that the exercise time period has been extended as stated in this
resolution.
The Registrant's Stock Transfer Agent was notified by letter from the
Registrant's Chief Financial Officer as to the extension, per the actions of
the Registrant's Board of Directors.
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: March 24, 2003
COMPUSONICS VIDEO CORPORATION
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By /s/ Thomas W. Itin
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Thomas W. Itin
Chairman