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) July 12, 1999

                           DCC Acquisition Corporation
             (Exact name of registrant as specified in its charter)

     Nevada                             0-1426                 59-2262718
(State or other jurisdiction    (Commission File Number)      (IRS Employer
  of incorporation)                                          Identification No.)



                      211 West Wall, Midland, Texas              79701
              (Address of principal executive offices)        (Zip Code)

Registrant's telephone number, including area code (915) 682-1761

                                 not applicable
         (Former name or former address, if changed since last report.)





Item 5. Other Events.

         In a Form 8-K  Current  Report  filed  by DCC  Acquisition  Corp.  (the
"Company") as of June 8, 1999 the Company  announced its  acquisition  of all of
the issued and outstanding  common shares of New Cinema Partners Inc. ("NCP") in
consideration  of and in exchange  for common  stock of the Company  issued from
treasury (the "Acquisition Transaction"), which transaction constituted a change
in control of the Company.

         The  Company's  announcement  of the  Acquisition  Transaction  and the
filing of the Form 8-K Current  Report in respect  thereof were  premature.  The
Acquisition Transaction has not been, and will not be, consummated. The board of
directors  of the Company did not approve,  authorize or ratify the  Acquisition
Transaction.  Due to  mis-communication  between  representatives of NCP and its
shareholders and the agent for the Company, NCP and its shareholders were of the
view  that  all  requisite  approvals  and  authorizations  in  respect  of  the
Acquisition  Transaction had been obtained and all other conditions precedent to
the completion of the Acquisition  Transaction satisfied and,  accordingly,  the
Form 8-K Current Report was filed in accordance with applicable law.

         The Company  will  continue  its efforts to locate and combine  with an
existing,  privately-held  company that is profitable or, in management's  view,
has growth potential, irrespective of the industry in which it is engaged. There
has been no change in the  executive  officers and directors of the Company from
that reported in the  Company's  Form 10-KSB Annual Report filed as of March 19,
1999.

                                   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:  July 12, 1999                    DCC Acquisition Corp.
                                                     (Registrant)


                                                 By:  /s/ Glenn A. Little
                                                      --------------------
                                                 Name:   Glenn A. Little
                                                 Title:  President