SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDED 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): August 26,
1997
OILEX, INC.
(Exact name of registrant as specified in its charter)
Commission File Number: 0-28686
Nevada 33-01944489
(State or other jurisdiction (IRS Employer
of incorporation or organization) identification No.)
3050 Post Oak Boulevard, Suite 1760
Houston, Texas 77056
(Address of principal executive offices)
(713) 629-5998
Registrant's telephone number
<PAGE>
Item 4. Change in Registrant's Certifying Accountants
Pursuant to a letter dated August 26, 1997, Oilex, Inc. (the
"Registrant") informed Simonton, Kutac & Barnidge, L.L.P. that it
would no longer engage Simonton, Kutac & Barnidge, L.L.P. as the
independent auditors to audit the Registrant's financial
statements. The Board of Directors unanimously approved the
engagement of Merdinger, Fruchter, Rosen & Corso, P.C. as the
Registrant's independent auditors.
No disagreements between the Registrant and Simonton, Kutac &
Barnidge, L.L.P. regarding any matter of accounting principles or
practice, financial statement disclosure, or auditing scope or
procedure occurred in connection with the audit of the financial
statements for the years ending December 31, 1995 and 1996 nor
during the interim period from January 1, 1997 to August 26,
1997, nor did the accountant's report on the financial statements
for either of the past two fiscal years contain an adverse
opinion or a disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope, or accounting
principles.
The report of Simonton, Kutac & Barnidge's, L.L.P. financial
statements for the year ending December 31, 1996 was unqualified.
Filed herewith as an Exhibit is a letter of Simonton, Kutac &
Barnidge, L.L.P. addressed to the Commission stating agreement
with the Registrant's response to this item 4.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
The following exhibit is filed with this report: Letter from
Simonton, Kutac & Barnidge, L.L.P. to the Commission dated
September 2, 1997.
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.
Dated: October 22, 1997
OILEX, INC.
/s/ Oliver Timmins, III
Oliver Timmins III
President
PAGE
<PAGE>
Exhibit to 8-K
SIMONTON, KUTAC & BARNIDGE, LLP
Certified Public Accountants/Consultants to Business
909 Fannin, Suite 2050, Houston, Texas 77010-1007
Telephone: 713/658-9755 Facsimile: 713/658-0298
Email: [email protected] Website: www.skb-cpas.com
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of the Form 8-K dated August 29, 1997,
of Oilex, Inc., and are in agreement with the statements
concerning our firm contained in the Item 4 therein. We have no
basis to agree or disagree with other statements of the
Registrant contained therein.
/s/ Simonton, Kutac & Barnidge, LLP
Simonton, Kutac & Barnidge, LLP
