LBO CAPITAL CORP
8-K, 1999-12-06
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                                    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


                                December 1, 1999
                                ----------------
                                 Date of Report



                                LBO CAPITAL CORP.
             (Exact Name of Registrant as specified in its charter)


       Colorado                      33-19107                 38-2780733
- -------------------------       -------------------       -------------------
(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
- ------------------------------------------                -------------------
(Address of Principal Executive Offices)                       (Zip Code)


       Registrant's telephone number, including area code: (248) 851-5651


                                       N/A
           ----------------------------------------------------------
           Former name or former address, if changed from last report


<PAGE>


 ITEM 5:  Other Events

Effective  December 1, 1999,  the Board of Directors of LBO Capital  Corp.  (the
"Registrant")  adopted  a  resolution  extending  the  exercise  period  of  the
Registrant's  warrants issued to its directors from December 4, 1999 to December
4, 2000. The warrants were issued as follows:

         Director                                  Number of Shares
         ----------------------                    ----------------
         Thomas W. Itin                             1,000,000
         Anthony B. Cashen                            200,000
         Robert W. Schwartz                           100,000

 The  warrants  entitles  its holder to purchase  one share of the  Registrant's
 $.0001 par value  common  stock for $.04 each share and can be exercised at any
 time prior to the extended expiration date of December 4, 2000.


 The Registrant's  Controller  notified the Registrant's Stock Transfer Agent by
 letter of December 1, 1999 as to the extensions.


<PAGE>



                                   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: December 1, 1999

                                LBO CAPITAL CORP.


                                 By /s/Thomas W. Itin
                                   ----------------------------------
                                   Thomas W. Itin, President










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