UNITED STATES
                       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

                                 April 15, 2003
                           Date of Filing of Form 8-K

                                 March 28, 2003
                Date of Report (Date of earliest event reported)

                            nSTOR TECHNOLOGIES, INC.
             (Exact Name of Registrant as Specified in its Charter)

           DELAWARE                       000-08354               95-2094565
-------------------------------   ------------------------   -------------------
(State or other jurisdiction of   (Commission File Number)      (IRS Employer
      incorporation)                                         Identification No.)


                              6190 Corte Del Cedro
                           CARLSBAD, CALIFORNIA, 92009
                    (Address of principal executive offices)

                                 (760) 683-2500
              (Registrant's telephone number, including area code)

                                       N/A
          (Former name or former address, if changed since last report)


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Item 5.  Other Events

        On April 14, 2003, we announced the passing of Maurice A. Halperin,  the
chairman of our Board of  Directors,  and the  election by the board of H. Irwin
Levy, our Chief Executive Officer, one of our principal  shareholders and former
Chairman of the Board, to serve as its Chairman.

        Pursuant  to  an  agreement  we  reached  with  Halco  Investors,   L.C.
("Halco"),  our largest  shareholder,  effective March 28, 2003 (the "Conversion
Date"), Halco, an entity formerly controlled by Mr. Halperin, converted its $3.1
million note, plus approximately  $200,000 of accrued interest,  into 11,015,048
shares of our common stock,  based on a conversion  price of $.30 per share. The
closing market price of our common stock on March 27, 2003, the day  immediately
prior to the Conversion Date, was $.27 per share.

        In addition,  effective  April 1, 2003, we reached an agreement with Mr.
Levy under which, at our request, Mr. Levy will convert or cause to be converted
certain  debt which we owe to Mr. Levy or entities  controlled  by Mr. Levy into
shares of our  capital  stock (the  "Conversion").  The amount of debt which Mr.
Levy has agreed to convert will consist of the amount  required to cause our net
worth to be at least $6  million  in order  to  satisfy  the  continued  listing
requirements of the American Stock Exchange. If deemed necessary, the Conversion
will occur  effective June 27, 2003 based on a conversion  price equal to 85% of
the  average  of the high and low  trading  prices  on the three  trading  dates
immediately prior to June 27, 2003.


Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

        (c)    Exhibits.


                   Exhibit No.         Description
                   -----------         -----------
                       99.1            Press Release dated April 14, 2003
                       99.2            Press Release dated April 1, 2003


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                                   SIGNATURES


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

                                 nSTOR TECHNOLOGIES, INC.



                                  By:   /s/ Jack Jaiven
                                      --------------------------------
                                  Name: Jack Jaiven
                                  Title: Vice President and Treasurer

Date:  April 15, 2003