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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)........ February 4, 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 2. Acquisition or Disposition of Assets.
(a) On February 4, 1997, the registrant executed definitive agreements with an
effective date of January 31, 1997 to sell the assets of its Forever Yours, Inc.
wholly-owned subsidiary to HASCO International, Inc. The transaction is subject
to approval by stockholders of the registrant at a meeting expected to be held
this spring, and also to other customary conditions. The closing of the FYI sale
will occur as soon as practicable following the meeting of the registrant's
stockholders.
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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: February 19, 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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