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)

                                April 16, 2001
--------------------------------------------------------------------------------



                      Avalon Correctional Services, Inc.
--------------------------------------------------------------------------------
            (Exact name of Registrant as specified in its Charter)


      Nevada                        0-20307                 13-3592263
--------------------------------------------------------------------------------
(State or other jurisdiction                  (Commiss       (IRS Employer
of incorporation)                                           Identification No.)


                              13401 Railway Drive
--------------------------------------------------------------------------------
                  (Address of principal executive offices)         (Zip Code)

                                 405-752-8802
--------------------------------------------------------------------------------
             (Registrant's telephone number, including area code)










                                      1
<PAGE>


INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 5.  OTHER EVENTS.

On April 16, 2001, Avalon Correctional Services,  Inc., announced its procedural
practices  pursuant  to  Regulation  FD  (Full  Disclosure).  The  form of those
practices are included herein.

ITEM 9.  REGULATION FD

Introduction.

On October 23, 2000, new Securities and Exchange Commission rules,  collectively
referred to as "Regulation FD," becomes effective. Regulation FD is complicated,
and investors  should read and interpret it for themselves,  rather than relying
on our  interpretation.  We interpret  Regulation  FD to require us, among other
things, and under certain circumstances,  to have procedures reasonably designed
to assure that, if some investors learn  information  about Avalon  Correctional
Services, Inc. (the "Company") that is material (and which those investors might
reasonably  be  expected  to take into  consideration  before  buying or selling
Company  securities),  other Company investors will learn that information at or
close to the same time. The Company files this  procedural Form 8-K to alert its
investors to the  practices we will try to follow to comply  substantially  with
this requirement.

Company's Website

The  Company  maintains  a  corporate   website  at   www.avaloncorrections.com.
Effective April 16, 2001, we intend to post significant corporate information on
the Company  website  from time to time.  We believe our website is an efficient
and  expeditious   way  to  communicate   with  investors   simultaneously   and
instantaneously.  Accordingly, we intend to utilize our website to implement our
practices in response to Regulation FD. We do not expect to file a Form 8-K each
time we make a public  disclosure  prompted by our  interpretation of Regulation
FD.  Instead,  we will  utilize  our  website  for  that  purpose.  The only way
investors can be certain to learn information we may disclose in response to the
requirements  of Regulation  FD,  therefore,  will be to review our website.  In
light of Regulation  FD, we will maintain two discrete  information  sections on
our website. The first of these will be headed "Current Disclosures about Avalon
Correctional  Services,  Inc." When we first post  information on our website in
light of Regulation FD, the information  will be dated and will be maintained in
that  location  for a period  of ten  (10)  business  days.  During  the  period
information  is  posted  in our  "Current  Disclosures"  section,  we  intend to
maintain the  information  in as current and accurate a form as we can.  Posting
information  on this  section of our website is not  intended  to, and does not,
constitute  a  determination  by us that the  information  is in fact  material.
Materiality  is a  complex  concept,  and  we  expect  to  make  disclosures  of
information  that may not be material,  out of an abundance of caution to ensure
our satisfaction of the requirements of Regulation FD. Nor does the fact that we
post information on this section of our website  constitute a determination that
dissemination  of that  information  is required  by  Regulation  FD.  Likewise,
issuance of a release on Form 8-K or a press release  should not be construed to
be a  statement  regarding  the  materiality  of a similar  item  previously  or
subsequently posted on our website or archived thereon.  Upon the passage of ten
(10) business days, information  originally posted to  the "Current Disclosures"

                                      2


<PAGE>


section of our  website  will be moved to a second  section  that will be headed
"Archived Disclosures".  Information will be moved to our "Archival" section for
historical reasons only, and will not be maintained or updated for accuracy; the
Company explicitly  disclaims any responsibility  for, or intention of, updating
that information.

Analyst meetings, Conference Calls, Discussions with Analysts and Investors, and
Earnings Estimates.

From time to time,  Company officials meet with, or talk to, analysts who follow
the Company.  These conversations are not intended to divulge material nonpublic
information  about the  Company,  and we take  appropriate  steps to avoid  such
disclosures  from occurring.  If nonpublic  information  that may be material is
divulged,  however,  we will  attempt to  disseminate  that  information  to all
investors  on our  website  (in the  "Current  Disclosures"  section) as soon as
possible  after the  initial  disclosure  has  occurred.  On  occasion,  Company
officials may receive  communications  or inquiries from individual  analysts or
investors. If these conversations should occur, they are not intended to divulge
material nonpublic  information about the Company, and we take appropriate steps
to avoid such  disclosures  from occurring.  If we become aware that information
which might be material  may have been  disclosed  during one of these  informal
encounters,  however,  we will post a brief summary of the information  that has
been disclosed in the "Current Disclosures" section of our website, and maintain
that disclosure for our usual ten (10)  business-day  period.  Thereafter,  this
information will be moved to our "Archival" section.  The posting of information
in accordance with these procedures is not intended to, and does not, constitute
a  determination  by the  Company  that the  information  is  material,  or that
investors  should consider that  information  before deciding  whether to buy or
sell the Company  securities.  We intend to monitor these policies and practices
to see  whether  they  are  fulfilling  their  intended  purpose.  We  encourage
investors to communicate with us if you have  suggestions or comments  regarding
these procedures.  Please address any such communications  to:pose. We encourage
investors to communicate with us if you have  suggestions or comments  regarding
these procedures. Please address any such communications to:

      Tiffany Smith, Director of Investor Relations
      Telephone:  405-752-8802
      Telefax:    405-752-8852
      E mail address:  t_smith@avaloncorrections.net
      13401 Railway Drive
      Oklahoma City, OK 73114




                                      3


<PAGE>

SIGNATURE

     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,  thereunto duly authorized.


AVALON CORRECTIONAL SERVICES, INC.


BY:    /s/ DONALD E. SMITH
-----------------------------------------
DONALD E. SMITH
Chairman of the Board and
Chief Executive Officer

Dated: April 16, 2001












                                      4
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{"company-data": {"conformed-name": "AVALON CORRECTIONAL SERVICES INC", "cik": "0000872202", "assigned-sic": "8744", "irs-number": "133592263", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20307", "film-number": "1606569"}, "business-address": {"street1": "13401 RAILWAY DR", "street2": "P O BOX 57012", "city": "OKLAHOMA CITY", "state": "OK", "zip": "73114", "phone": "4057528802"}, "mail-address": {"street1": "P O BOX 57012", "city": "OKLAHOMA CITY", "state": "OK", "zip": "73157"}, "former-company": [{"former-conformed-name": "AVALON COMMUNITY SERVICES INC", "date-changed": "19930328"}, {"former-conformed-name": "AVALON ENTERPRISES INC", "date-changed": "19600201"}]}
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)

                                April 16, 2001
--------------------------------------------------------------------------------

                      Avalon Correctional Services, Inc.
--------------------------------------------------------------------------------
            (Exact name of Registrant as specified in its Charter)

      Nevada                        0-20307                 13-3592263
--------------------------------------------------------------------------------
(State or other jurisdiction                  (Commiss       (IRS Employer
of incorporation)                                           Identification No.)

                              13401 Railway Drive
--------------------------------------------------------------------------------
                  (Address of principal executive offices)         (Zip Code)

                                 405-752-8802
--------------------------------------------------------------------------------
             (Registrant's telephone number, including area code)

                                      1
INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 5.  OTHER EVENTS.

On April 16, 2001, Avalon Correctional Services,  Inc., announced its procedural
practices  pursuant  to  Regulation  FD  (Full  Disclosure).  The  form of those
practices are included herein.

ITEM 9.  REGULATION FD

Introduction.

On October 23, 2000, new Securities and Exchange Commission rules,  collectively
referred to as "Regulation FD," becomes effective. Regulation FD is complicated,
and investors  should read and interpret it for themselves,  rather than relying
on our  interpretation.  We interpret  Regulation  FD to require us, among other
things, and under certain circumstances,  to have procedures reasonably designed
to assure that, if some investors learn  information  about Avalon  Correctional
Services, Inc. (the "Company") that is material (and which those investors might
reasonably  be  expected  to take into  consideration  before  buying or selling
Company  securities),  other Company investors will learn that information at or
close to the same time. The Company files this  procedural Form 8-K to alert its
investors to the  practices we will try to follow to comply  substantially  with
this requirement.

Company's Website

The  Company  maintains  a  corporate   website  at   www.avaloncorrections.com.
Effective April 16, 2001, we intend to post significant corporate information on
the Company  website  from time to time.  We believe our website is an efficient
and  expeditious   way  to  communicate   with  investors   simultaneously   and
instantaneously.  Accordingly, we intend to utilize our website to implement our
practices in response to Regulation FD. We do not expect to file a Form 8-K each
time we make a public  disclosure  prompted by our  interpretation of Regulation
FD.  Instead,  we will  utilize  our  website  for  that  purpose.  The only way
investors can be certain to learn information we may disclose in response to the
requirements  of Regulation  FD,  therefore,  will be to review our website.  In
light of Regulation  FD, we will maintain two discrete  information  sections on
our website. The first of these will be headed "Current Disclosures about Avalon
Correctional  Services,  Inc." When we first post  information on our website in
light of Regulation FD, the information  will be dated and will be maintained in
that  location  for a period  of ten  (10)  business  days.  During  the  period
information  is  posted  in our  "Current  Disclosures"  section,  we  intend to
maintain the  information  in as current and accurate a form as we can.  Posting
information  on this  section of our website is not  intended  to, and does not,
constitute  a  determination  by us that the  information  is in fact  material.
Materiality  is a  complex  concept,  and  we  expect  to  make  disclosures  of
information  that may not be material,  out of an abundance of caution to ensure
our satisfaction of the requirements of Regulation FD. Nor does the fact that we
post information on this section of our website  constitute a determination that
dissemination  of that  information  is required  by  Regulation  FD.  Likewise,
issuance of a release on Form 8-K or a press release  should not be construed to
be a  statement  regarding  the  materiality  of a similar  item  previously  or
subsequently posted on our website or archived thereon.  Upon the passage of ten
(10) business days, information  originally posted to  the "Current Disclosures"

                                      2
section of our  website  will be moved to a second  section  that will be headed
"Archived Disclosures".  Information will be moved to our "Archival" section for
historical reasons only, and will not be maintained or updated for accuracy; the
Company explicitly  disclaims any responsibility  for, or intention of, updating
that information.

Analyst meetings, Conference Calls, Discussions with Analysts and Investors, and
Earnings Estimates.

From time to time,  Company officials meet with, or talk to, analysts who follow
the Company.  These conversations are not intended to divulge material nonpublic
information  about the  Company,  and we take  appropriate  steps to avoid  such
disclosures  from occurring.  If nonpublic  information  that may be material is
divulged,  however,  we will  attempt to  disseminate  that  information  to all
investors  on our  website  (in the  "Current  Disclosures"  section) as soon as
possible  after the  initial  disclosure  has  occurred.  On  occasion,  Company
officials may receive  communications  or inquiries from individual  analysts or
investors. If these conversations should occur, they are not intended to divulge
material nonpublic  information about the Company, and we take appropriate steps
to avoid such  disclosures  from occurring.  If we become aware that information
which might be material  may have been  disclosed  during one of these  informal
encounters,  however,  we will post a brief summary of the information  that has
been disclosed in the "Current Disclosures" section of our website, and maintain
that disclosure for our usual ten (10)  business-day  period.  Thereafter,  this
information will be moved to our "Archival" section.  The posting of information
in accordance with these procedures is not intended to, and does not, constitute
a  determination  by the  Company  that the  information  is  material,  or that
investors  should consider that  information  before deciding  whether to buy or
sell the Company  securities.  We intend to monitor these policies and practices
to see  whether  they  are  fulfilling  their  intended  purpose.  We  encourage
investors to communicate with us if you have  suggestions or comments  regarding
these procedures.  Please address any such communications  to:pose. We encourage
investors to communicate with us if you have  suggestions or comments  regarding
these procedures. Please address any such communications to:

      Tiffany Smith, Director of Investor Relations
      Telephone:  405-752-8802
      Telefax:    405-752-8852
      E mail address:  t_smith@avaloncorrections.net
      13401 Railway Drive
      Oklahoma City, OK 73114

                                      3
SIGNATURE

     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,  thereunto duly authorized.

AVALON CORRECTIONAL SERVICES, INC.

BY:    /s/ DONALD E. SMITH
-----------------------------------------
DONALD E. SMITH
Chairman of the Board and
Chief Executive Officer

Dated: April 16, 2001

                                      4