COMPUSONICS VIDEO CORP
8-K, 2000-12-14
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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 14, 2000



                          COMPUSONICS VIDEO CORPORATION
             (Exact Name of Registrant as specified in its charter)



       COLORADO                  0-14200                   84-1001336
 ------------------         ----------------            -----------------------
 (State or other            (Commission file            (I.R.S. Employer
  jurisdiction of            number)                     Identification Number)
  incorporation or
  organization)



 32751 Middlebelt Road, Suite B
 Farmington Hills, Michigan                                      48334
---------------------------------------                  ----------------------
(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  14,  2000,  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,  December 31, 2000 to 5:00 p.m. Mountain
Time,  December 31, 2001. 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:  December 14, 2000

                                    COMPUSONICS VIDEO CORPORATION



                                    By s\Robert R. Hebard
                                      ----------------------------
                                       Robert R. Hebard
                                       Chief Financial Officer/Treasurer/
                                       Chief Executive Officer




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