SAFE ALTERNATIVES CORP OF AMERICA INC
8-K, 1998-04-17
PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODS
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                       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)      April 14, 1998

                SAFE ALTERNATIVES CORPORATION OF AMERICA, INC.
               (Exact name of registrant as specified in charter)


                                     FLORIDA
                 (State or other jurisdiction of incorporation)


       0-21627                                         06-1413994
(Commission file number)                    (IRS employer identification no.)



               27 Governor Street, Ridgefield, Connecticut    06877
             (Address of principal executive offices)       (Zip Code)


Registrant's telephone number, including area code (203) 438-8144



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


<PAGE>


Item 4. Changes in Registrant's Certifying Accountant.

     On April 14, 1998,  registrant engaged Green, Holman, Frenia & Company LLP,
a  new  independent  accountant,  as  the  principal  accountant  to  audit  the
registrant's  financial  statements.  During the  registrant's  two most  recent
fiscal  years,  and  any  subsequent  interim  period  prior  to  engaging  that
accountant,  neither the registrant nor anyone on its behalf consulted the newly
engaged   accountant   regarding  either:  (i)  the  application  of  accounting
principles to a specified transaction, either completed or proposed; or the type
of  audit  opinion  that  might  be  rendered  on  the  registrant's   financial
statements;  or (ii) any matter that was either the subject of a disagreement or
a reportable event.


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<PAGE>


                                   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.



                                            SAFE ALTERNATIVES CORPORATION OF
                                            AMERICA, INC.
                                            (Registrant)


Date:  April 15, 1998                      By: /s/ Richard J. Fricke
                                               --------------------------------
                                                   Richard J. Fricke
                                                   President


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