UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K/A
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 22, 1999
SPORTAN UNITED INDUSTRIES, INC.
-------------------------------
(Exact name of registrant as specified in its charter)
TEXAS
-----
(State or other jurisdiction of incorporation)
000-25513 760333165
--------- ---------
(Commission File Number) (I.R.S. Employer
Identification No.)
3170 Old Houston Road, Huntsville, Texas 77340
----------------------------------------------
(Address of principal executive offices, including zip code)
(409) 295-2726
--------------
(Registrant's telephone number, including area code)
<PAGE>
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Inapplicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Inapplicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Inapplicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
a) The previous independent accountants for the Registrant were
Mann Frankfort Stein & Lipp, P.C. ("MFSL").
i) On November 22, 1999, Sportan United Industries, Inc.,
(the "Company") notified MFSL that it was replacing its independent accountants.
ii) The reports of MFSL on the Company's financial statements
for the years ending September 30, 1998 contained no adverse opinion or
disclaimer of opinion and were not qualified or modified as to uncertainly,
audit scope or accounting principles.
iii) The Company's board of directors approved the Company's
new independent accountants.
iv) There have been no reportable events, as defined in Regulation
S-B Item 304(a)(1)(iv).
v) The Company has requested that MFSL furnish it with a letter
addressed to the SEC stating whether or not it agrees with the above
statements. A copy of such letter is filed as Exhibit 16.1 to this Form 8-K.
b) New independent accountants
i) The Company has engaged the accounting firm of Malone &
Bailey, P.C.
ITEM 5. OTHER EVENTS
Inapplicable.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
Inapplicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business Acquired.
Inapplicable.
(b) Pro Forma Financial Information.
Inapplicable.
(c) Exhibits
Letter from MFSL agreeing with the statements contained in the
Company's Form 8-K dated November 29, 1999.
ITEM 8. CHANGE IN FISCAL YEAR
Inapplicable.
-2-
<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.
SPORTAN UNITED INDUSTRIES, INC.
By: /s/ Jason G. Otteson
---------------------------
Jason G. Otteson
Chief Executive Officer
DATE: December 13, 1999
<PAGE>
EXHIBIT 16.1
December 9, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements made by Sportan United Industries, Inc., Commission
file number 000-25223 (copy attached), which we understand will be filed with
the Commission, pursuant to Item 4 of Form 8-K, as part of the Company's Form
8-K report for November 29, 1999, as amended. We agree with the statements
concerning our Firm in such Form 8-K.
Very truly yours,
MANN FRANKFORT STEIN & LIPP, P.C.
<PAGE>
