As filed with the Securities and Exchange Commission on May 14, 2003
                                          Registration No. 333-73210
____________________________________________________________________
                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549

                    POST-EFFECTIVE AMENDMENT NO. 1 TO
                                 FORM S-8
                          REGISTRATION STATEMENT
                                under the
                          SECURITIES ACT OF 1933

                           CONCEPTS DIRECT, INC.
          (Exact name of registrant as specified in its charter)

          Delaware                              52-1781893
  (State or Other Jurisdiction