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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of Earliest Event Reported): Commission File Number:
JANUARY 8, 1998 0-22321
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WHEELS SPORTS GROUP, INC.
(Exact name of registrant as specified in its charter)
NORTH CAROLINA 56-2007717
(State of incorporation) (I.R.S. Employer
Identification Number)
1368 SALISBURY ROAD
MOCKSVILLE, NORTH CAROLINA 27028
704/634-3000
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(Address of principal executive
offices and telephone number)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Coopers & Lybrand L.L.P. (the "Former Accountants") resigned as
independent accountants for Wheels Sports Group, Inc. (the
"Company") on December 1, 1997. Information concerning the Former
Accountants' resignation was disclosed in a Form 8-K filed on
December 8, 1997, as amended on December 19, 1997.
(b) Effective January 8, 1998, the Company engaged Arthur Andersen LLP
("Andersen") as its independent accountants to report on the
Company's financial statements.
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.
WHEELS SPORTS GROUP, INC.
Date: January 14, 1998 By: /s/ HOWARD L. CORRELL
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Howard L. Correll, President
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