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): May 27, 2003 Sports Arenas, Inc. -------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-2380 13-1944249 ----------------------------- ------------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 7415 Carroll Road, Suite C, San Diego, CA 92121 ---------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (858) 408-0364 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Act of 1934 Item 1. Changes in Control of Registrant. Not Applicable Item 2. Acquisition or Disposition of Assets. Not Applicable Item 3. Bankruptcy or Receivership. Not Applicable Item 4. Changes in Registrant's Certifying Accountant. Not Applicable Item 5. Other Events: Effective May 27, 2003 Robert McNamara resigned as a member of the Board of Directors of the Registrant. The resignation was made for personal reasons and was effective immediately. At the time of his resignation, Mr. McNamara expressed no disagreements with the Registrant on any matter relating to the Registrant's operations, policies, or practices. At a meeting of the Board of Directors on June 3, 2003 the Directors elected Gordon L. Gerson to replace Mr. McNamara. Item 6. Resignation of Registrant's Directors. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. Not Applicable Item 8. Change in Fiscal Year. Not Applicable Item 9. Regulation FD Disclosure. Not Applicable 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. Date: June 16, 2003 Sports Arenas, Inc. -------------- ------------------- By: /s/ Harold S. Elkan --------------------- Harold S. Elkan, President