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

Date of Report (Date of earliest event reported): September ~~June 21~~8, 2011

American Vantage Companies

(Exact Name of Registrant as Specified in Its Charter)

Nevada	0-10061	04-2709807
(State or Other Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification No.)

P. O. Box 81920, Las Vegas, Nevada		89180
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (702) 227-9800

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 15.02 ~~Termination~~. Departure of aDirectors ~~Material~~or ~~Definitive~~Certain ~~Agreement~~Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On ~~January~~August 316, ~~2008,~~2011 ~~American Vantage Companies (~~the ~~“Company”)~~Board ~~purchased~~of aDirectors ~~4,045~~approved ~~square~~to ~~foot~~eliminate ~~‘grey-shell’~~the ~~building~~positions inof Chief ~~Las~~Executive ~~Vegas,~~Officer ~~Nevada~~and Chief ~~for~~Financial ~~use~~Officer aseffective ~~its~~August ~~corporate~~31, ~~office~~2011. ~~The~~Ronald ~~total~~J. ~~cost~~Tassinari resigned ofas Chief ~~$1,452,000~~Executive ~~included~~Officer ~~the~~on ~~building~~August ~~acquisition cost and building improvements~~31, ~~which were completed in July 2008~~2011. ~~The~~He ~~building~~will ~~acquisition~~remain ~~cost~~as ~~and~~the ~~building~~Company’s ~~improvements~~Chairman ~~were~~of ~~financed~~the ~~with SouthwestUSA Bank~~Board. ~~See~~As the ~~Company’s~~Chief ~~Form~~Financial ~~N-CSR~~Officer, ~~“Certified~~Anna ~~Shareholder~~M. ~~Report~~Morrison’s offinal ~~Registered~~day ~~Management~~was ~~Investment~~August ~~Companies” filed on September 15~~31, ~~2008 for additional information~~2011.

OnAlso ~~September~~on 29August 16, ~~2010~~2011 the ~~Company~~Board ~~executed~~of aDirectors ~~“Change~~appointed inDouglas ~~Terms~~R. ~~Agreement”~~Sanderson, 65, ~~with~~a ~~Plaza~~current ~~Bank~~Board Member, ~~successor~~as inInterim ~~interest~~President. Mr. Sanderson was appointed to ~~SouthwestUSA~~the ~~Bank. The~~Company’s ~~Change~~Board of Directors in ~~Terms~~October ~~Agreement~~2007. Mr. ~~provided~~Sanderson ~~for~~most ~~(i)~~recently anheld ~~interest-only~~the ~~payment~~position of ~~$9,000~~President onof ~~November~~La ~~28,~~Jolla ~~2010;~~Gaming ~~(ii)~~which ~~an interest~~specializes in server-~~only~~based ~~payment~~technology and offers a line of ~~$55~~gaming software through its offices in Las Vegas,~~000~~ onSan ~~February~~Diego, 28London and San Jose, ~~2011;~~Costa ~~(iii)~~Rica. Mr. ~~thirty-one~~Sanderson ~~monthly~~served ~~principal~~as President and ~~interest~~Chief ~~payments~~Executive inOfficer ~~the~~from ~~amount~~2000 to February 2006 of ~~$7,000~~the ~~each,~~publicly-traded ~~beginning~~company ~~March~~Fortune ~~28,~~Entertainment ~~2011;~~Corporation. Mr. ~~and,~~Sanderson ~~(iv)~~is ~~one~~also ~~estimated~~the ~~principal~~former President and ~~interest~~Chief ~~payment~~Executive Officer of $1Sega Gaming Technology,~~073~~ Inc.,~~000~~ ~~due~~the onformer ~~October~~Vice-President 28of Worldwide Sales for Bally Gaming, ~~2013~~Inc. ~~The~~, ~~Company~~and ~~made~~the noformer ~~further~~Director ~~payments~~of ~~subsequent~~Sales tofor IGT. Mr. Sanderson serves on the ~~November~~Board ~~28,~~of ~~2010~~Directors ~~obligation~~of the Nevada Muscular Dystrophy Association.

AsMr. ~~recorded~~Sanderson inhas ~~the~~agreed ~~Office~~to ofserve ~~the~~as ~~Clark~~Interim ~~County,~~President ~~Nevada~~through ~~Recorder~~December ~~on June 21~~31, 2011. In January, ~~the~~a ~~Company~~review ~~and~~of ~~Plaza~~the ~~Bank~~position ~~entered~~will ~~into~~be andiscussed ~~“Agreement to Transfer Property~~ by ~~Deed~~the inBoard ~~Lieu~~ of ~~Foreclosure”~~Directors. The ~~(the~~Board ~~“Transfer~~and ~~Agreement”)~~Mr. ~~Excluding~~ ~~$1,600~~Sanderson ofare ~~real~~working ~~property~~out ~~taxes,~~ the ~~Transfer~~terms ~~Agreement provides for full satisfaction~~ of ~~the~~his ~~principal and accrued interest totaling approximately $1,200,000 and any other related corporate building obligations~~appointment.

~~Effective~~On ~~May~~September 18, 2011, ~~the~~American ~~Company’s~~Vantage ~~corporate~~Companies ~~office~~issued ~~was~~a ~~relocated~~press torelease ~~approximately~~with ~~1,900~~respect ~~square~~to the ~~feet~~matters ofdisclosed ~~office~~in ~~space~~this atCurrent ~~5550~~Report ~~South~~on ~~Fort~~Form ~~Apache Road, Suite #102, Las Vegas, Nevada, 89148~~8-K. ~~The~~A ~~“Commercial~~copy ~~Lease~~of ~~Agreement” (~~the ~~“Lease~~press ~~Agreement”)~~release ~~provides~~is ~~for~~included ~~monthly~~as ~~rental~~Exhibit 99.1 ~~amounts of $2,000 inclusive of taxes, insurance, maintenance and other expenses related~~ to ~~the~~this ~~leased~~Current ~~property. The~~Report ~~Lease Agreement terminates~~ on ~~December~~Form ~~31, 2011, but at the Company’s discretion, may annually be renewed through December 31, 2012 and 2013 at an escalating lease rental rate~~8-K.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		Agreement to Transfer Property By Deed in Lieu of Foreclosure, dated June 16, 2011 by Plaza Bank, successor in interest to SouthwestUSA Bank.
99.1		Press Release issued by American Vantage Companies on September 8, 2011

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.

AMERICAN VANTAGE COMPANIES (Registrant)

	AMERICAN VANTAGE COMPANIES
	(Registrant)



Date: September 8, 2011	By:	/s/ Douglas R. Sanderson
		Name: Douglas R. Sanderson Title: Interim President

Date: June 25, 2011	By:	/s/ Ronald J. Tassinari
		Exhibit Index
	Name:	Ronald J. Tassinari
Exhibit No.		Description
	Title:	Chief Executive Officer
99.1		Press Release issued by American Vantage Companies on September 8, 2011

Exhibit Index

Exhibit No.		Description
10.1		Agreement to Transfer Property By Deed in Lieu of Foreclosure, dated June 16, 2011 by Plaza Bank, successor in interest to SouthwestUSA Bank.

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