RED HOT CONCEPTS INC
8-K, 1997-04-03
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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) March 26, 1997



                             RED HOT CONCEPTS, INC.
             (Exact name of registrant as specified in its charter)



      DELAWARE                   33-86166                      52-1887105
(State of Organization)    (Commission File No.)             (IRS Employer
                                                         Identification Number)


                       6701 Democracy Boulevard, Suite 300
                               Bethesda, MD 20817
                    (Address of principal executive offices)


                                 (301) 493-4553
              (Registrant's telephone number, including area code)



<PAGE>


Item 5.   Other Events

BOARD OF DIRECTORS APPROVE EXTENSION OF EXPIRATION
DATE OF CLASS A COMMON STOCK PURCHASE WARRANTS

         On March 26, 1997, the Board of Directors of Red Hot Concepts, Inc.
extended the expiration date of its Class A Common Stock Purchase Warrants from
May 3, 1997 until December 31, 1997.

Item 7.   Financial Statements and Exhibits

(C)  Exhibits

     The following exhibit is filed as part of this Current Report on Form 8-K:



EX-99.1   Press Release From Red Hot Concepts, Inc. (March 26, 1997)





<PAGE>


                                   SIGNATURES



                  Pursuant to the requirements of Section 13 or 15(d) 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.


                                          Red Hot Concepts, Inc.



                                          By: /s/ Norman J. Abdallah
                                             Norman J. Abdallah
                                             President

                                          Date:  April 2, 1997



<PAGE>


                                    EXHIBITS



Exhibit Number and Description



EX-99.1  Press Release From Red Hot Concepts, Inc. (March 26, 1997)








                                      RHC
                             Red Hot Concepts, Inc.

FOR IMMEDIATE RELEASE                                   NEWS RELEASE
Contact: Amy Lipsius                                    Red Hot Concepts, Inc.
(301) 493-4553                                          6701 Democracy Blvd
                                                        Bethesda, MD 20817

         RED HOT CONCEPTS, INC. EXTENDS WARRANTS THROUGH DECEMBER 1997

     BETHESDA, MD, March 26, 1997 - The Board of Directors of Red Hot Concepts,
Inc. (NASDAQ Symbol: RHCS) has voted to extend the exercise date of the
company's Class A warrants through December 31, 1997. Each warrant grants the
holder the right to purchase one share of the company's common stock at $6.00
per share. The warrants had been scheduled to expire May 3, 1997.


     Maryland-based Red Hot Concepts is the master licensee of Chili's Grill &
Bar restaurants in Australia, New Zealand and the United Kingdom. The company
currently has five restaurants operating, with five additional restaurants
scheduled to open in 1997. Earlier this week, one of the company's three
Australian restaurants was named Family Restaurant of the Year for the second
year in a row by one of Australia's leading restaurant associations.



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