content: SECURITIES AND EXCHANGE COMMISSION
                                          WASHINGTON, DC 20549
  
  
  
                                            FORM 8-K
  
                                          CURRENT REPORT
                              PURSUANT TO SECTION 13 OR 15(d) OF THE
                                   SECURITIES AND EXCHANGE ACT
  
  
           Date of report (Date of earliest event reported): January 28, 2002
  
  
                           DIGITAL CREATIVE DEVELOPMENT CORPORATION
                    (Exact Name of Registrant as Specified in Charter)
  
  
   UTAH                               0-22315                          34-1413104
  (State or Other Jurisdiction       (Commission                (IRS Employer
  of Incorporation)                  File Number)             Identification No.)
  
               101 Larkspur Circle, Larkspur California               94939
  (Address of Principal Executive Offices)                             (Zip Code)
  
  
         Registrant's telephone number, including area code: (415) 461-0348
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Item 2.         Acquisition or Disposition of Assets
  
       On  February  28,  2002,  Digital  Creative  Development  Corporation  (the
  "Company") sold its 80% interest in Arthur  Treacher's,  Inc. ("ATI") (Delaware)
  to  PAT  Services,   Inc.,  an  entity  controlled  by  Jeffrey  Bernstein,   in
  consideration for $100 and a waiver by Mr. Bernstein of his right to convert his
  shares of ATI common stock into shares of common stock of the Company  under the
  conversion  agreement  among the  Company,  ATI and Mr.  Bernstein  executed  in
  connection with the  acquisition of Pudgie's  Famous  Chicken,  Inc. and related
  entities  in  October  2000.   Contemporaneously  with  the  sale  of  ATI,  ATI
  transferred  certain  proprietary rights (including all its trademarks) and 100%
  of the stock of two of its subsidiaries,  Arthur Treacher's  Franchise  Systems,
  Inc. and Pudgies  Franchise  Corp.  to PAT  Franchise  Systems,  Inc., an entity
  controlled by Mr.  Bernstein,  in  consideration  for the  assumption of certain
  liabilities  of ATI. The two  subsidiaries  of ATI are parties to the  franchise
  agreements with the franchisees in the Arthur Treacher's and Pudgies  restaurant
  systems.
  
       In conjunction  with the sale of ATI, the secured  promissory note executed
  in December 2000 by the Company,  ATI and its  subsidiary,  M.I.E.  Hospitality,
  Inc.  in  favor  Digital  Creative  Development  Corporation  (Delaware)  ("DCDC
  (Delaware)"),  a  wholly-owned  subsidiary  of  the  Company,  was  amended  and
  restated.  The amended  promissory  note has a principal  balance of $1,071,310,
  which equals the outstanding  principal  balance and accrued and unpaid interest
  under the original note as of February 28, 2002. PAT Services  became a party to
  the note and pledged its 80% interest in ATI as  collateral  to secure the note.
  PAT Franchises  became a guarantor of the note and provided DCDC (Delaware) with
  a first security  interest in the proprietary  rights  transferred by ATI to PAT
  Franchises and in the franchise agreements to which ATI and Pudgies are parties.
  The note is due on  December  1, 2004 and bears  interest at the rate of 12% per
  year, with interest payable monthly commencing April 30, 2002.
  
       On February 28, 2002, the Company and International Microcomputer Software,
  Inc. ("IMSI") entered into an agreement which provided for the conversion of the
  promissory  note purchased by the Company into 9,000,000  shares of Common Stock
  of IMSI plus $250,000 in cash to be paid in 15 monthly installments. The parties
  also agreed to terminate the merger  contemplated by the Merger Agreement.  IMSI
  also agreed to prepare and file a registration  statement  registering 2,000,000
  of the  shares of  Common  Stock  and to  provide  the  Company  with  piggyback
  registration  rights with respect to the remaining 7,000,000 shares. As of March
  14,  2002,  the closing bid price per share of common stock of IMSI as quoted on
  the NASD  Bulletin  Board was $.48.  In addition,  effective  February 28, 2002,
  certain members of the Boards of Directors of the Company and IMSI resigned from
  their  respective  Boards  in  order  that no  Directors  continue  to  serve as
  directors of both companies.
  
  Item 5.         Other Information
  
       Effective  January 28,  2002,  the Company  moved its  principal  executive
  office to 101 Larkspur Circle, Larkspur, California 94939.
  
       On February 28, 2002, Gary Herman was elected Chief  Executive  Officer and
  Chairman  of the Board,  and Skuli  Thorvaldsson  was  elected  Chief  Financial
  Officer of the Company
  
  
  Item 7.  Financial Statements and Exhibits
  
         (a), (b)          Financial Statements
  
                           To be filed by amendment.
  
         (c) Exhibits:
  
       10.31 Purchase  Agreement  between Arthur Treacher's Inc. and PAT Franchise
  Systems, Inc. dated as of February 28, 2002.
  
       10.32 Common Stock Purchase  Agreement among the Company,  Digital Creative
  Development  Corporation (Delaware) and PAT Services,  Inc. dated as of February
  28, 2002.
  
       10.33 Guaranty and Security Agreement between PAT Franchise  Systems,  Inc.
  and the Company dated as of February 28, 2002.
  
       10.34 Pledge  Agreement  between PAT Services Inc. and the Company dated as
  of February 28, 2002.
  
       10.35 Amended and Restated  Senior Secured  Promissory Note in favor of the
  Company dated February 28, 2002.
  
       10.36  Promissory  Note  Conversion and General  Release dated February 28,
  2002 between the Company and International Microcomputer Software Inc.
  
  
  
  
  
  
  
  
  
                                                                SIGNATURES
  
       Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
  the  registrant  has duly  caused  this  report  to be  signed  on behalf by the
  undersigned hereunto duly authorized.
  
  Dated: March 14, 2002
  
                              DIGITAL CREATIVE DEVELOPMENT  CORPORATION
  
  
                            By: /s/ Gary Herman, CEO
                            Gary Herman, CEO
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "form8k.txt", "secsgml_size_bytes": 6081}]
metadata_filer: {"company-data": {"conformed-name": "DIGITAL CREATIVE DEVELOPMENT CORP", "cik": "0001016951", "assigned-sic": "5812", "irs-number": "341413104", "state-of-incorporation": "UT", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22315", "film-number": "02577920"}, "business-address": {"street1": "7400 BAY MEADOWS WAY", "street2": "SUITE 300", "city": "JACKSONVILLE", "state": "FL", "zip": "32256", "phone": "9047391200"}, "mail-address": {"street1": "7400 BAYMEADOWS WAY", "street2": "SUIT E300", "city": "JACKSONVILLE", "state": "FL", "zip": "32256"}, "former-company": {"former-conformed-name": "ARTHUR TREACHERS INC /FL/", "date-changed": "19960620"}}
text: SECURITIES AND EXCHANGE COMMISSION
                                          WASHINGTON, DC 20549
  
                                            FORM 8-K
  
                                          CURRENT REPORT
                              PURSUANT TO SECTION 13 OR 15(d) OF THE
                                   SECURITIES AND EXCHANGE ACT
  
           Date of report (Date of earliest event reported): January 28, 2002
  
                           DIGITAL CREATIVE DEVELOPMENT CORPORATION
                    (Exact Name of Registrant as Specified in Charter)
  
   UTAH                               0-22315                          34-1413104
  (State or Other Jurisdiction       (Commission                (IRS Employer
  of Incorporation)                  File Number)             Identification No.)
  
               101 Larkspur Circle, Larkspur California               94939
  (Address of Principal Executive Offices)                             (Zip Code)
  
         Registrant's telephone number, including area code: (415) 461-0348
  
  Item 2.         Acquisition or Disposition of Assets
  
       On  February  28,  2002,  Digital  Creative  Development  Corporation  (the
  "Company") sold its 80% interest in Arthur  Treacher's,  Inc. ("ATI") (Delaware)
  to  PAT  Services,   Inc.,  an  entity  controlled  by  Jeffrey  Bernstein,   in
  consideration for $100 and a waiver by Mr. Bernstein of his right to convert his
  shares of ATI common stock into shares of common stock of the Company  under the
  conversion  agreement  among the  Company,  ATI and Mr.  Bernstein  executed  in
  connection with the  acquisition of Pudgie's  Famous  Chicken,  Inc. and related
  entities  in  October  2000.   Contemporaneously  with  the  sale  of  ATI,  ATI
  transferred  certain  proprietary rights (including all its trademarks) and 100%
  of the stock of two of its subsidiaries,  Arthur Treacher's  Franchise  Systems,
  Inc. and Pudgies  Franchise  Corp.  to PAT  Franchise  Systems,  Inc., an entity
  controlled by Mr.  Bernstein,  in  consideration  for the  assumption of certain
  liabilities  of ATI. The two  subsidiaries  of ATI are parties to the  franchise
  agreements with the franchisees in the Arthur Treacher's and Pudgies  restaurant
  systems.
  
       In conjunction  with the sale of ATI, the secured  promissory note executed
  in December 2000 by the Company,  ATI and its  subsidiary,  M.I.E.  Hospitality,
  Inc.  in  favor  Digital  Creative  Development  Corporation  (Delaware)  ("DCDC
  (Delaware)"),  a  wholly-owned  subsidiary  of  the  Company,  was  amended  and
  restated.  The amended  promissory  note has a principal  balance of $1,071,310,
  which equals the outstanding  principal  balance and accrued and unpaid interest
  under the original note as of February 28, 2002. PAT Services  became a party to
  the note and pledged its 80% interest in ATI as  collateral  to secure the note.
  PAT Franchises  became a guarantor of the note and provided DCDC (Delaware) with
  a first security  interest in the proprietary  rights  transferred by ATI to PAT
  Franchises and in the franchise agreements to which ATI and Pudgies are parties.
  The note is due on  December  1, 2004 and bears  interest at the rate of 12% per
  year, with interest payable monthly commencing April 30, 2002.
  
       On February 28, 2002, the Company and International Microcomputer Software,
  Inc. ("IMSI") entered into an agreement which provided for the conversion of the
  promissory  note purchased by the Company into 9,000,000  shares of Common Stock
  of IMSI plus $250,000 in cash to be paid in 15 monthly installments. The parties
  also agreed to terminate the merger  contemplated by the Merger Agreement.  IMSI
  also agreed to prepare and file a registration  statement  registering 2,000,000
  of the  shares of  Common  Stock  and to  provide  the  Company  with  piggyback
  registration  rights with respect to the remaining 7,000,000 shares. As of March
  14,  2002,  the closing bid price per share of common stock of IMSI as quoted on
  the NASD  Bulletin  Board was $.48.  In addition,  effective  February 28, 2002,
  certain members of the Boards of Directors of the Company and IMSI resigned from
  their  respective  Boards  in  order  that no  Directors  continue  to  serve as
  directors of both companies.
  
  Item 5.         Other Information
  
       Effective  January 28,  2002,  the Company  moved its  principal  executive
  office to 101 Larkspur Circle, Larkspur, California 94939.
  
       On February 28, 2002, Gary Herman was elected Chief  Executive  Officer and
  Chairman  of the Board,  and Skuli  Thorvaldsson  was  elected  Chief  Financial
  Officer of the Company
  
  Item 7.  Financial Statements and Exhibits
  
         (a), (b)          Financial Statements
  
                           To be filed by amendment.
  
         (c) Exhibits:
  
       10.31 Purchase  Agreement  between Arthur Treacher's Inc. and PAT Franchise
  Systems, Inc. dated as of February 28, 2002.
  
       10.32 Common Stock Purchase  Agreement among the Company,  Digital Creative
  Development  Corporation (Delaware) and PAT Services,  Inc. dated as of February
  28, 2002.
  
       10.33 Guaranty and Security Agreement between PAT Franchise  Systems,  Inc.
  and the Company dated as of February 28, 2002.
  
       10.34 Pledge  Agreement  between PAT Services Inc. and the Company dated as
  of February 28, 2002.
  
       10.35 Amended and Restated  Senior Secured  Promissory Note in favor of the
  Company dated February 28, 2002.
  
       10.36  Promissory  Note  Conversion and General  Release dated February 28,
  2002 between the Company and International Microcomputer Software Inc.
  
                                                                SIGNATURES
  
       Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
  the  registrant  has duly  caused  this  report  to be  signed  on behalf by the
  undersigned hereunto duly authorized.
  
  Dated: March 14, 2002
  
                              DIGITAL CREATIVE DEVELOPMENT  CORPORATION
  
                            By: /s/ Gary Herman, CEO
                            Gary Herman, CEO