SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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)                 June 27, 2001
                                                               ----------------


                                  CERBCO, INC.
-------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                    Delaware
-------------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)


     0-16749                                             54-1448835
-------------------------------------------------------------------------------
(Commission File Number)                      (IRS Employer Identification No.)



3421 Pennsy Drive, Landover, Maryland                          20785-1608
-------------------------------------------------------------------------------
(Address of principal executive offices)                       (Zip Code)



               Registrant's telephone number including area code:
                              (301) 773-1784 (tel)
                              (301) 322-3041 (fax)
                 (301) 773-4560 (24-Hour Fax Vault Information)


                                      None
-------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)




<PAGE>


Item 5.    Other Events.

           See press release of the registrant dated July 12, 2001 attached
hereto.



                                   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, 2001             CERBCO, Inc.
                                -----------------------------------------------
                                (Registrant)


                                By: /s/ Robert W. Erikson
                                -----------------------------------------------
                                Robert W. Erikson
                                President



<PAGE>




                                                                  PRESS RELEASE
                                                          For Immediate Release

                         CERBCO SECURITIES DELISTED FROM
                            NASDAQ SMALLCAP MARKET(SM)

     LANDOVER,  MD, July 12, 2001 - CERBCO,  Inc. [OTC:  CERB] reported that, as
commenced Wednesday, June 27, 2001, the Company's common stock was delisted from
The  Nasdaq  SmallCap  Market(SM).  This  action was  implemented  by the Nasdaq
Listing  Qualifications  Staff  because the  Company's  common  stock  failed to
attract and maintain a minimum of two active market makers as required under The
Nasdaq SmallCap Market(SM) rules.

     The Company's  common shares remain  available for trading  quotation under
the  continuing  ticker  symbol CERB on the National  Association  of Securities
Dealers (NASD) OTC Bulletin  Board(R)  (OTCBB) system  [www.otcbb.com]  and also
under daily "pink  sheets"  quotations  [www.pinksheets.com].  The OTC  Bulletin
Board(R)  is a  regulated  quotation  system  that  displays  real-time  quotes,
last-sale prices, and volume information in  over-the-counter  (OTC) securities.
The "pink  sheets"  -- named for the color of paper  they've  historically  been
printed on -- are daily listings of price quotes for companies that trade in the
OTC market published in both hard copy and electronic format by Pink Sheets LLC,
formally known as the National Quotation Bureau.

     CERBCO,  Inc. [OTC:  CERB] is a parent  holding  company with a controlling
interest in Insituform  East,  Inc.  [NASDAQ:  INEI]  (excavationless  sewer and
pipeline rehabilitation).

                                      * * *
Contact:      Robert W. Erikson                    George Wm. Erikson
              President                            Chairman
              (301) 773-1784                       (301) 773-1784
[{"type": "8-K", "sequence": "1", "filename": "july018k.txt", "description": "FORM 8-K DATED JUNE 27, 2001", "secsgml_size_bytes": 4447}]
{"company-data": {"conformed-name": "CERBCO INC", "cik": "0000826821", "assigned-sic": "1700", "irs-number": "541448835", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-16749", "film-number": "1680105"}, "business-address": {"street1": "3421 PENNSY DR", "city": "LANDOVER", "state": "MD", "zip": "20785", "phone": "3017731784"}, "mail-address": {"street1": "3421 PENNSY DRIVE", "street2": "3421 PENNSY DRIVE", "city": "LANDOVER", "state": "MD", "zip": "20785"}}
SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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)                 June 27, 2001
                                                               ----------------

                                  CERBCO, INC.
-------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                    Delaware
-------------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)

     0-16749                                             54-1448835
-------------------------------------------------------------------------------
(Commission File Number)                      (IRS Employer Identification No.)

3421 Pennsy Drive, Landover, Maryland                          20785-1608
-------------------------------------------------------------------------------
(Address of principal executive offices)                       (Zip Code)

               Registrant's telephone number including area code:
                              (301) 773-1784 (tel)
                              (301) 322-3041 (fax)
                 (301) 773-4560 (24-Hour Fax Vault Information)

                                      None
-------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
Item 5.    Other Events.

           See press release of the registrant dated July 12, 2001 attached
hereto.

                                   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, 2001             CERBCO, Inc.
                                -----------------------------------------------
                                (Registrant)

                                By: /s/ Robert W. Erikson
                                -----------------------------------------------
                                Robert W. Erikson
                                President
PRESS RELEASE
                                                          For Immediate Release

                         CERBCO SECURITIES DELISTED FROM
                            NASDAQ SMALLCAP MARKET(SM)

     LANDOVER,  MD, July 12, 2001 - CERBCO,  Inc. [OTC:  CERB] reported that, as
commenced Wednesday, June 27, 2001, the Company's common stock was delisted from
The  Nasdaq  SmallCap  Market(SM).  This  action was  implemented  by the Nasdaq
Listing  Qualifications  Staff  because the  Company's  common  stock  failed to
attract and maintain a minimum of two active market makers as required under The
Nasdaq SmallCap Market(SM) rules.

     The Company's  common shares remain  available for trading  quotation under
the  continuing  ticker  symbol CERB on the National  Association  of Securities
Dealers (NASD) OTC Bulletin  Board(R)  (OTCBB) system  [www.otcbb.com]  and also
under daily "pink  sheets"  quotations  [www.pinksheets.com].  The OTC  Bulletin
Board(R)  is a  regulated  quotation  system  that  displays  real-time  quotes,
last-sale prices, and volume information in  over-the-counter  (OTC) securities.
The "pink  sheets"  -- named for the color of paper  they've  historically  been
printed on -- are daily listings of price quotes for companies that trade in the
OTC market published in both hard copy and electronic format by Pink Sheets LLC,
formally known as the National Quotation Bureau.

     CERBCO,  Inc. [OTC:  CERB] is a parent  holding  company with a controlling
interest in Insituform  East,  Inc.  [NASDAQ:  INEI]  (excavationless  sewer and
pipeline rehabilitation).

                                      * * *
Contact:      Robert W. Erikson                    George Wm. Erikson
              President                            Chairman
              (301) 773-1784                       (301) 773-1784