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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): June 22, 2000
AMERICAN INTERNATIONAL INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
NEVADA
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(State or other jurisdiction of incorporation)
000-25223 88-0326480
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(Commission File Number) (I.R.S. Employer
Identification No.)
601 Cien Road, Suite 235, Kemah, Texas 77565
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(Address of principal executive offices, including zip code)
(281) 334-9479
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(Registrant's telephone number, including area code)
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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 American
International Industries, Inc., (the "Company") were BDO Seidman, LLP ("BDO").
i) On June 22, 2000, the Company determined to appoint new
independent accountants and BDO was dismissed by the Company.
ii) The reports of BDO on the Company's financial statements
for the years ending December 31, 1998 and 1997 contained no adverse opinion or
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles.
iii) The Company's board of directors approved the dismissal
of BDO and approved the engagement of the Company's new independent accountants.
iv) During all of the periods prior to the date of dismissal:
(A) There were no disagreements with BDO, whether or
not resolved, on any matter of accounting principles
or practices, financial statement disclosure, or
auditing scope or procedure, which would have caused
BDO to make reference to the subject matter of the
disagreement(s) in connection with its reports.
(B) BDO did not advise the Company that:
1. Internal controls necessary to develop reliable
financial statements did not exist; or
2. Information has come to the attention of BDO
which made it unwilling to rely on management's
representations, or unwilling to be associated
with the financial statements prepared by
management; or
3. The scope of the audit should be expanded
significantly, or information has come to BDO's
attention that it has concluded will, or if
further investigated might, materially impact the
fairness or reliability of a previously issued
audit report or the underlying financial
statements, or the financial statements issued
or to be issued covering the fiscal period(s)
subsequent to the date of the most recent
audited financial statements (including
information that might preclude the issuance of
an unqualified audit report), and the issue was
not resolved to BDO's satisfaction prior to its
dismissal.
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v) The Company has requested that BDO 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/A.
b) New independent accountants
i) The Company engaged the accounting firm of R.E.
Bassie & Co., P.C. as of June 27, 2000.
ii) The Company has not consulted the new accountant
regarding:
(A) The application of accounting principles to a specific
completed or contemplated transaction, or the type of
audit opinion that might be rendered on the Company's
financial statements and either written or oral advice was
provided that was an important factor considered by the
Company in reaching a decision as to the accounting,
auditing or financial reporting issue; or
(B) Any matter that was the subject of a disagreement or
event identified in response to paragraph (a)(iv) above.
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 BDO agreeing with the statements contained in this
Form 8-K.
ITEM 8. CHANGE IN FISCAL YEAR
Inapplicable.
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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.
AMERICAN INTERNATIONAL INDUSTRIES, INC.
By: /s/ Daniel Dror
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Daniel Dror
Chief Executive Officer
DATE: August 4, 2000
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EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
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<S> <C>
16.1 Letter of B.D.O. Seidman
</TABLE>
