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): March 1, 1999
NAVIDEC, Inc.
___________________________
(Exact name of registrant as specified in its charter)
Colorado 0-29098 33-0502730
_____________________________ ___________ _____________
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
14 Inverness Drive, Suite F-116, Englewood CO 80112
_____________________________________________ ____________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(303)790-7565
Item 4. Changes in Registrant's Certifying Accountant.
On March 1, 1999, NAVIDEC, Inc. (the "Company") engaged
Arthur Andersen LLP to replace Hein + Associates, LLP as the
Company's independent accountant to audit the Company's financial
statements for the year ended December 31, 1998. Hein +
Associates, LLP was dismissed as the Company's independent
accountant on the same date. The Audit Committee of the
Company's Board of Directors approved the change in the Company's
independent accountant.
The independent auditor's report of Hein + Associates, LLP
dated March 5, 1998 for the Company's financial statements for
the year ended December 31, 1997 did not contain an adverse
opinion or a disclaimer of opinion, and was not modified as to
uncertainty, audit scope, or accounting principles.
During the Company's two most recent fiscal years and
through the date of the dismissal of Hein + Associates, LLP, the
Company did not have any disagreements with Hein + Associates,
LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure.
The letter of Hein + Associates, LLP required by Item 4 of
Form 8-K, as referenced in Item 304(a)(3) of Regulation S-B, is
filed as Exhibit 99.1 to this report.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Letter from Hein + Associates, LLP dated
March 8, 1999.
SIGNATURE
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: March 8, 1999 NAVIDEC, Inc.
By: /s/Ralph Armijo
Ralph Armijo,
President and Chief Executive
Officer
Exhibit 99.1
March 8, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: NAVIDEC, Inc.
Dear Sirs:
We have read Item 4 of NAVIDEC, Inc. Form 8-K, dated March 8,
1999, and are in agreement with the statements contained in
paragraphs 4(b) and (c) therein as they relate to us.
Very truly yours,
/s/ HEIN + ASSOCIATES LLP
