SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) January 16, 1998
INTERNATIONAL TOURIST ENTERTAINMENT CORPORATION
(Exact name of registrant as specified in its charter)
U.S. Virgin Islands 0-21070 66-0426648
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
7030 Park Centre Drive
Salt Lake City, Utah 84121
(Address of principal executive offices)
Registrant's telephone number, including area code: (801) 566-9000
Items 1 - 7. Not Applicable
Item 8. Change in Fiscal Year
At a meeting of the Board of Directors of the Registrant on
January 16, 1998, the Board of Directors approved a change in the
fiscal year of the Registrant to a fiscal year end December 31.
The Registrant will file a Form 10-KSB covering the transition
period.
Item 9. Not Applicable
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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.
INTERNATIONAL TOURIST
ENTERTAINMENT CORPORATION
Date: January 31, 1998 /s/ Kelvyn H. Cullimore
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Kelvyn H. Cullimore, President