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
~~June~~July 2913, 2005
Date of Report (date of earliest event reported)

DIGITAL VIDEO SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

Delaware	0-28472	77-0333728
(State or Other Jurisdiction of Incorporation or Organization)	Commission File Number	(IRS Employer Identification Number)

430 Cambridge Avenue, Suite 110
Palo Alto, California 94306

(Address of principal executive offices including zip code)

(650) 322-8108

(Registrant's telephone number, including area code)

Not Applicable

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

Item 83.01. ~~Other~~Notice ~~Events~~of Delisting or Failure to Satisfy a Continued Listing Rule or standard: Transfer of Listing.
~~In connection with the April 28, 2005 settlement of a court judgment in favor of its former and recently reappointed chief executive officer, Mali Kuo, Digital Video Systems, Inc.~~ (~~the~~PALO ~~"Company") agreed that it would enter into binding arbitration with respect to three separate lawsuits pending in the Superior Court of California~~ALTO, ~~County~~CA of- ~~Santa~~July ~~Clara involving Kent Yu~~14, ~~Oregon Power Lending Institution ("OPLI"~~2005) ~~and IDVD, Inc.~~
- On July 13, 2005, Digital Video Systems, Inc (NASDAQ: DVIDE) received a letter from the Nasdaq Listings Qualification Panel (the "Panel") notifying Digital Video that the Panel has denied the Company's request for continued inclusion on The Nasdaq SmallCap Market. The Company's common stock was delisted from The Nasdaq SmallCap Market effective with the open of business on Friday July 15, 2005. This action followed the Company's appeal to the Panel for a listing exception for the Company's inability to meet Nasdaq's stockholders' equity requirements and the Company's failure to have its quarterly report on Form 10- Q for the fiscal quarter ended March 31, 2005 reviewed by its auditors prior to filing. The Company intends to appeal the Panel's decision to the Nasdaq Listing and Hearing Review Counsel within the 15-day period provided for such appeals.

OnThe ~~June~~Company's ~~29,~~common ~~2005,~~stock ~~the~~is ~~Company,~~not ~~OPLI,~~currently ~~IDVD~~eligible ~~and~~to ~~Kent~~trade Yuon ~~entered~~the ~~into~~OTC aBulletin ~~tentative~~Board ~~settlement~~because, as described ~~agreement~~above, (the ~~"Proposed~~Company ~~Agreement")~~is ~~pursuant~~not tocurrent ~~which~~in ~~the~~its ~~Company~~reporting ~~would~~obligations ~~issue~~under athe ~~total~~Securities Exchange Act of ~~743~~1934,~~000~~ ~~shares~~as ofamended ~~its~~(the ~~common~~"Exchange ~~stock,~~Act"). ~~along~~The ~~with~~Company ~~warrants~~expects tothat ~~acquire~~quotations ~~215,000~~for ~~shares~~its of common stock, inwill ~~return~~appear ~~for~~in the ~~dismissal~~National ofDaily ~~all~~Quotations ~~claims.~~Journal, ~~Under~~often ~~the~~referred ~~terms~~to ofas the ~~Proposed~~"pink ~~Agreement~~sheets," ~~the~~where ~~Company~~subscribing ~~agreed~~dealers tocan ~~file~~submit abid ~~registration statement with the Securities~~ and ~~Exchange~~ask ~~Commission~~prices ~~registering~~on ~~the~~a daily ~~743~~basis. However,~~000~~ ~~shares~~there ofcan ~~common~~be ~~stock~~no ~~and~~assurances that the ~~215,000 shares~~Company's of common stock ~~issuable~~will ~~upon~~be ~~exercise~~eligible offor ~~the~~trading ~~warrants.~~or quotation ~~The warrants expire~~ on ~~December~~any ~~30,~~alternative ~~2005 and~~exchanges ~~have~~or anmarkets. ~~exercise~~The ~~price~~Company ofwill ~~$4.50~~disclose ~~per~~further ~~share.~~timing ~~The~~and ~~Proposed~~trading ~~Agreement~~symbol information ~~requires~~regarding the ~~approval~~trading of ~~the Company's~~its ~~board~~common ofstock ~~directors,~~when ~~which~~such ~~has~~information ~~not~~becomes ~~yet been obtained~~available.

Upon the completion of the auditors' review of the Company's quarterly report for the fiscal quarter ended March 31, 2005 and the filing of an amendment to such report to reflect such completion, the Company's common stock may be eligible for trading on the OTC Bulletin Board. The Company is committed to regaining compliance with all listing requirements and relisting its common stock when possible.

Portions of the disclosure contained in the 8-K constitute forward-looking statements. Statements regarding the Company's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties. In particular, the forward-looking statements include statements about the Company's common stock trading on the "pink sheets", the OTC Bulletin Board, and making required filings with the Securities and Exchange Commission and otherwise satisfying Nasdaq listing standards in order to regain compliance. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability to continue to have the Company's common stock freely traded, to complete the accounting review in order to file and amendment to the Company's Form 10-Q for the fiscal quarter ended March 31, 2005, to meet requirements put forth by Nasdaq, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. The Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.	Description
99.1	Press Release dated July 14, 2005.

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, thereunto duly authorized.

	DIGITAL VIDEO SYSTEMS, INC.
	By:	/s/ Mali Kuo Mali Kuo Chief Executive Officer

Date: July 718, 2005

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated July 14, 2005. ^(PDF) Also furnished in PDF format as a courtesy.

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