-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 A68bBVHV9fZHlGxkY12/EbU8SbC+LlG+KRo5KBkKc9KsszkDzaqp3VYtmUS1dOva
 D4EEPFMrdCeVjrItJcI+cQ==

<SEC-DOCUMENT>/in/edgar/work/20000724/0001013453-00-000031/0001013453-00-000031.txt : 20000921
<SEC-HEADER>0001013453-00-000031.hdr.sgml : 20000921
ACCESSION NUMBER:		0001013453-00-000031
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000930
ITEM INFORMATION:		
FILED AS OF DATE:		20000724

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SBI COMMUNICATIONS INC
		CENTRAL INDEX KEY:			0001013453
		STANDARD INDUSTRIAL CLASSIFICATION:	 [4899
]		IRS NUMBER:				581700840
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		8-K
			SEC ACT:		
			SEC FILE NUMBER:	000-28416
			FILM NUMBER:		677561
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		1239 S GLENDALE AVE
				STREET 2:		SUITE 104
				CITY:			GLENDALE
				STATE:			CA
				ZIP:			91205
				BUSINESS PHONE:		8185506148
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		103 FIRETOWER RD
					STREET 2:		SUITE 104
					CITY:			LEESBURG
					STATE:			GA
					ZIP:			31763
</MAIL-ADDRESS>
</FILER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>SBI COMMUNICATIONS, INC.
<TEXT>

<PAGE>

                         UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549
                           FORM 8-K/A
                        CURRENT REPORT
 Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
 Date of Report July 24, 2000

                   SBI Communications, Inc
       (Exact name of registrant as specified in its charter)
 ..............................................................................
 ..............................................................................

             Delaware          0-28416        58-1700840
(State or other jurisdiction   (Commission    (IRS Employer
   of incorporation)         File Number)    Identification)

    1239 South Glendale Avenue - Glendale California 91205
         (Address of principal executive offices)   (Zip Code)

                      (818) 550-6181
    Registrant's telephone number, including area code
 ..............................................................................
 ..............................................................................

<PAGE>
Cancellation of Acquisition and Letter of Intent with Valencia
Entertainment International enter into July 20, 2000. This
cancellation is due to a determination by The Company's management,
at this time it would not be in the best interest of the Company or
its shareholders.
There is no present or future financial obligation to SBI
Communications, Inc.(The Company)


                           SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of
1934, SBI has duly caused this statement to be signed on its behalf by the
undersigned, thereto duly authorized.

Date: July 20, 2000                 SBI Communications, Inc.
                                    By: /s/ Ron Foster
                                    -----------------------
                                    Ron Foster, Chairman


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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