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)
                               October 18, 2000

                          Central Capital Venture Corporation
           (Exact name of registrant as specified in its charter)


   Nevada                        0-9311                      87-0269260
State or other         (Commission File Number)                 IRS
Jurisdiction                                                  Employer
of incorporation)                                             Identification
                                                                Number)



       2660 TOWNSGATE ROAD, SUITE 310, WESTLAKE VILLAGE, CA 91361
              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

                             (805) 494-4766
           (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)




























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ITEM 3.  CHANGES IN MANAGEMENT

Pursuant to a Special  Meeting of the Board of Directors on October 18,2000 duly
carried out by Waiver  pursuant  to the  Company's  Bylaws,  Mr.  Bernie  Budney
proposed on his own merit to  submitted  his  resignation  to the then  standing
members  of the Board of  Directors  of the  Company.  Upon  motion  duly  made,
seconded  and  unanimously  carried  it was,  resolved,  the Board of  Directors
unanimously  accepted  the  resignation  of Bernie  Budney,  as an  Officer  and
Director of Central Capital Venture Corporation without qualification therein.

Below is a brief  description of Mr.  Budney's  background as he supplied to the
Board of Directors:


Bernie Budney - Executive Vice President,  Director - Bernie Budney, age 39, had
been the President of Millennium  Information  Systems Inc. (formerly a division
of Telus  Advertising  Services,  now  DataNet  Information  Systems  Inc.,  (an
Investee of the Company) since 1995. From 1993 until 1995 he was President of OK
Tires & Affordable Auto Center. Mr. Budney's educational  credentials include an
Honors  Economic  Degree from the  University  of Alberta in 1984.  He is also a
member of the Society of Registered Industrial Accountants, RIA Program.

DATED: October 13, 2000

(c) Exhibits

99.3       Board  Minutes Dated October 18, 2000 in reference to the Resignation
of Bernie Budney


                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Company  has  duly  caused  this  report  to be  signed  on  its  behalf  by the
undersigned thereunto duly authorized.


                              Central Capital Venture Corporation
                                           (Registrant)

                              By: /s/ Lewis I. Williams IV
                              ---------------------------------
                                  Lewis I. Williams IV
                                  President & CEO












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EXHIBIT INDEX

EXHIBIT NO.                               DESCRIPTION
---------- ------------------------------------------------------

99.3       Board  Minutes Dated October 18, 2000 in reference to the Resignation
           of Bernie Budney

















































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