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): December 9, 1999


                            JANEX INTERNATIONAL, INC.
             (Exact name of Registrant as specified in its charter)


        COLORADO                     33-8433-D                 84-1034251
(State of Incorporation)       (Commission File No.)   (I.R.S. Employer Id. No.)


                             2999 North 44Th Street
                                    Suite 225
                           Phoenix, Arizona 85018-7247
                    (Address of principal executive offices)


                                 (602) 808-8765
              (Registrant's telephone number, including area code)


                                      NONE
          (Former name or former address, if changed since last report


ITEM 5. OTHER EVENTS

     The  Registrant  announced  on December  9, 1999 that Mr.  Charles M. Foley
resigned as Director of Janex  International,  Inc. effective November 29, 1999,
due to the delay in obtaining  Directors and Officers  Insurance.  A copy of the
letter from Mr. Foley is attached as Exhibit 99.


                                   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 hereunto duly authorized.


                                            Janex International, Inc.
                                                  Registrant




Date: December 9, 1999                      By:/s/ Fred B. Gretsch
     -------------------                      ----------------------------------
                                               Frederick B. Gretsch, Sr.
                                               Chief Financial Officer
                                               Treasurer and Secretary, Director