UNITED STATES
                       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):  May 22, 2003

                         HUMAN PHEROMONE SCIENCES, INC.
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             (Exact name of Registrant as specified in its charter)

CALIFORNIA                             0-23544                   94-3107202
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        (State or other        (Commission File Number)        (IRS Employer
jurisdiction of incorporation)                               Identification No.)


84 W. SANTA CLARA STREET, SUITE 720, SAN JOSE, CALIFORNIA             95113
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      (Address of principal executive offices)                      (Zip code)

Registrant's telephone number, including area code:  (408) 938-3030

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          (Former Name or Former Address, if Changed Since Last Report)





                    INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 5. Other Events

         Human Pheromone Sciences,  Inc. (the "Registrant") today announced that
1,333,333  shares of its Series AA Convertible  Redeemable  Preferred Stock have
been  converted  by its  holder,  MK GVD  Fund,  into  597,777  shares  of Human
Pheromone Sciences, Inc. common stock. In a related transaction, the Company has
redeemed  from MK GVD  Fund all  17,448  shares  of its  Series  BB  Convertible
Redeemable  Preferred  Stock for  $500,000 in cash.  At the  conclusion  of this
transaction,  the Company has remaining  preferred stock  outstanding of 100,000
shares of the  Series  AA  Convertible  Redeemable  Preferred  Stock,  currently
convertible into 44,834 shares of Common Stock.




ITEM 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

         (a) Not Applicable.

         (b) Not Applicable.

         (c) Exhibits

              2.1 Purchase Agreement by and between the Registrant and MK Global
                  Ventures dated as of May 21, 2003.

              99.1 Press Release dated June 3, 2003.




                                    SIGNATURE

         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 hereunto duly authorized.

                                                  HUMAN PHEROMONE SCIENCES, INC.


Date:  June 2, 2003              By: /s/ William P. Horgan
                                     -------------------------------------------
                                      William P. Horgan, Chief Executive Officer




                                  EXHIBIT INDEX

              2.1 Purchase Agreement by and between the Registrant and MK Global
                  Ventures dated as of May 21, 2003.

              99.1 Press Release dated June 3, 2003.