U.S. 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 (Earliest
event reported): March 19, 1999
SOLPOWER CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Nevada 0-29780 87-0384678
(State of incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
7309 East Stetson Drive, Suite 102
Scottsdale, Arizona 85251
(Address of Principal/Executive Offices)
602-947-6366
(Registrant's telephone number including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On March 19, 1999, Solpower Corporation (the "COMPANY") elected to terminate its
relationship with Clancy & Co. PLLC, as the Company's independent public
accountants.
Clancy & Co. PLLC's report on the financial statements for either of the past
two years did not contain an adverse opinion or a disclaimer opinion, nor was it
qualified or modified as to uncertainty, audit scope or accounting principles.
The decision to change accountants was approved by the Company's Board of
Directors.
During the Company's two most recent fiscal years and any subsequent interim
period preceding the dismissal there were no disagreements with Clancy & Co.
PLLC on any matter of accounting principals or practices, financial statement
disclosure or auditing scope or procedure, which disagreement, if not resolved
to the satisfaction of Clancy & Co. PLLC would have caused Clancy & Co. PLLC to
make a reference to the subject matter of this disagreement in connection with
its report.
On March 19, 1999, the Company acting on the direction of its Board of
Directors, selected Semple & Cooper LLP, a member of the BDO Seidman Alliance,
as its new independent accountants.
The Company has requested that Clancy & Co. PLLC review this Report and furnish
the Company with a letter addressed to the Commission containing any new
information, clarification of the Company's expression of its views, or in any
respect in which it does not agree with the statements made by the Company
herein.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated: March 24, 1999 SOLPOWER CORPORATION
/s/ James H. Hirst
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James H. Hirst
Chief Executive Officer