1 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) - May 8, 1996 ZANART ENTERTAINMENT INCORPORATED (Exact name of registrant as specified in its charter) Florida 0-25804 59-2716063 (State or other jurisdiction Commission I.R.S. Employer of incorpororation) File Number Identification No. 7641 Burnet Avenue, Van Nuys, CA 91405 (Address of principal executive offices) (Zip Code) (Registrant's Telephone Number, Including Area Code) (818) 904-9797 2 Item 1. Changes in Control of Registrant Not Applicable Item 2. Acquisition or Disposition of Assets Not Applicable Item 3. Bankruptcy or Receivership Not Applicable Item 4. Changes in Registrant's Certifying Accountant Not Applicable Item 5. Other Events Not Applicable Item 6. Resignations of Registrant's Directors On May 8, 1996, Jacqueline Simkin resigned from the Board of Directors of Zanart Entertainment Incorporated. A copy of Ms. Simkin's letter of resignation is attached as Exhibit "1." Item 7. Financial Statements and Exhibits (a) Financial statements of business acquired None (b) Pro forma financial information None (c) Exhibits (1) Letter dated May 8, 1996 from Jacqueline Simkin Item 8. Change in Fiscal Year Not Applicable 3 In accordance with the requirements of the Securities and Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Zanart Entertainment Incorporated (Registrant) Dated: May 14, 1996 By: /s/ Thomas Zotos --------------- ----------------- Thomas Zotos Chief Executive Officer Dated: May 14, 1996 By: /s/ Todd B. Slayton --------------- --------------------- Todd B. Slayton Chief Financial Officer 4 LIST OF EXHIBITS (1) Letter dated May 8, 1996 from Jacqueline Simkin regarding resignation