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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) March 30, 1999
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DISCOVERY INVESTMENTS, 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
000-26175 88-049151
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(Commission File Number) (IRS Employer Identification No.)
23805 Stuart Ranch Road, #220, Malibu, CA 90265
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(Address of Principal Executive Offices) (Zip Code)
(310) 456-8494
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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Item 4. Changes in Registrant's Certifying Accountant
On March 30, 1999, Discovery Investments, Inc. (the "Company") retained
Hollander Lumer & Co. LLP as the Company's independent auditor. The Company had
previously engaged the services of Barry L. Friedman in connection with the
preparation of the Company's Registration Statement on Form 10-SB.
The Independent Auditor's Report dated May 10, 1999 prepared by Mr.
Friedman and filed as part of the Company's Registration Statement on Form 10-
SB, contained a "going concern" exception. This report was filed at a time when
the Company was a "shell" company with no operations.
The decision to change accountants was approved by John Castellucci, the
sole director of the Company. Mr. Castellucci became the sole director of the
Company in connection with a reorganization of the Company on December 20, 1999,
pursuant to which the Company acquired all of the common stock of LLO-Gas, Inc.
("LLO-Gas") and Mr. Castellucci, the sole shareholder of LLO-Gas, acquired
11,900,000 shares, or 85.0%, of the common stock of the Company. Given the fact
that the Company has now commenced business operations, Mr. Castellucci believed
that it was in the best interests of the Company to engage the services of an
accounting firm known for its work in the field of public company
representation.
There were no disagreements with Mr. Friedman, whether or not resolved, on
any matter of accounting principles or practices, financial statement disclosure
or auditing scope or procedure, which, if not resolved to Mr. Friedman's
satisfaction, would have caused him to make reference to the subject matter of
the disagreement(s) in connection with his report.
The Company has provided Mr. Friedman a copy of this Current Report on Form
8-K and has requested Mr. Friedman to furnish a letter addressed to the
Securities and Exchange Commission (the "Commission") stating whether he agrees
with the statements made by the Company herein and, if not, stating the respects
in which he does not agree.
Item 7. Financial Statements and Exhibits
Exhibit 1. Letter dated April 10, 2000 from Barry Friedman addressed to
the Commission.
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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.
DISCOVERY INVESTMENTS, INC.
Date: April 10, 2000 By: /s/ John Castellucci
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President and Chief Executive Officer
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Exhibit 1
[Letterhead of Barry F. Friedman, CPA]
April 10, 2000
Securities and Exchange Commission
Washington, D.C. 20549
Re: Discovery Investments, Inc.
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Ladies and Gentlemen:
Discovery Investments, Inc. (the "Company") has provided me with a copy of
its Current Report on Form 8-K, to which this letter is an exhibit. I agree
with the statements made by the Company in said Current Report on Form 8-K.
Very truly yours,
/s/ Barry F. Friedman
