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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)........ January 15, 1997
Styles on Video, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-11836 95-4389082
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
or incorporation) Identification Number)
667 Rancho Conejo Boulevard
Newbury Park, CA 91320
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(Address of principal executive offices)
Registrant's telephone number, including area code.....(805) 375-0996
N/A
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(Former name or former address, if changed since last report)
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Item 1. Changes in Control of the Registrant.
(a) Pursuant to a transaction dated as of January 15, 1997, the registrant
exchanged 4,347,427 shares of its common stock, par value $.001 per share (the
"Common Stock"), for (i) the Series A Warrant held by International Digital
Investors, L.P. ("IDI") representing the right to acquire 3,914,882 shares of
Common Stock, and, (ii) such portion of the Series B Warrant held by IDI equal
to the right to acquire 1,867,029 shares of Common Stock.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on behalf by the undersigned
hereunto duly authorized.
Dated: January 29, 1997 STYLES ON VIDEO, INC.
a Delaware Corporation
By: /s/ Nancy H. Galgas
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Name: Nancy H. Galgas
Title: Secretary and C.F.O.
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