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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): November 3, 1998
BOLLE INC.
(Exact name of registrant as specified in its charter)
Delaware 000-23899 13-3934135
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(State of (Commission (IRS Employer
Incorporation) File Number) Identification No.)
Suite B-302, 555 Theodore Fremd Avenue, Rye, New York 10580
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (914) 967-9475
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Not Applicable
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(Former name or former address, if changed from last report)
Page 1 0f 4.
Index to Exibits at page 4.
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(a) Previous independent accountants.
(i) On October 28, 1998, Bolle Inc. management
dismissed PricewaterhouseCoopers LLP ("PwC")
as its independent accountants.
(ii) The reports of PwC on the financial
statements of Bolle Inc. as of and for the
years ended December 31, 1997 and 1996
contained no adverse opinion or disclaimer
of opinion and were not qualified or
modified as to uncertainty, audit scope or
accounting principle.
(iii) In connection with its audits as of and for
the years ended December 31, 1997 and 1996
and through October 28, 1998, there have
been no disagreements with PwC on any matter
of accounting principles or practices,
financial statement disclosure, or auditing
scope or procedure, which disagreements if
not resolved to the satisfaction of PwC
would have caused them to make reference
thereto in their report on the financial
statements as of and for the years ended
December 31, 1997 and 1996.
(iv) The management of Bolle Inc. has requested
that PwC furnish it with a letter addressed
to the Securities and Exchange Commission
stating whether or not it agrees with the
above statements. A copy of such letter,
dated November 3, 1998, is filed as Exhibit
16 to this Form 8-K.
(b) New independent accountants.
(i) Effective on November 3, 1998, the
management of Bolle Inc. will engage Ernst &
Young LLP as its independent accountant.
(c) Other.
(i) The decision to change independent
accountants was approved by the Audit
Committee of the Board of Directors of Bolle
Inc.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
16 Letter re: change of certifying accountants.
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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: November 3, 1998 BOLLE INC.
/s/ Gary Kiedaisch
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By: Gary Kiedaisch
Title: Chief Executive Officer,
President
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EXHIBIT INDEX
Exhibit Page
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16 Letter re: change of certifying accountant 5
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[PRICEWATERHOUSECOOPERS LETTERHEAD]
November 3, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
BOLLE INC.
We have read Item 4 of Bolle Inc.'s Form 8-K dated November 3, 1998 and are in
agreement with the statements contained in paragraph 4(a) therein.
Yours very truly,
/s/ PRICEWATERHOUSECOOPERS LLP
PricewaterhouseCoopers LLP
