BEVERLY HILLS LTD INC
8-K, 2000-04-25
NON-OPERATING ESTABLISHMENTS
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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



                                 April 19, 2000
                ------------------------------------------------
                Date of report (Date of earliest event reported)



                            BEVERLY HILLS LTD., INC.
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



                                      UTAH
                 ----------------------------------------------
                 (State or Other Jurisdiction of Incorporation)



               000-28523                                  87-0281305
       ------------------------                ---------------------------------
       (Commission File Number)                (IRS Employer Identification No.)



16 N. Ft. Harrison, Clearwater, Florida                      33755
- ----------------------------------------                   ----------
(Address of Principal Executive Offices)                   (Zip Code)



                                 (727) 298-8771
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)



                                       N/A
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)

================================================================================


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<PAGE>


                                    FORM 8-K

ITEM 4: CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

Upon the recommendation of its board of directors, on April 19, 2000, the
Registrant (formerly known as Keynote Acquisition Corporation) appointed Smith &
Radigan, Certified Public Accountants, LLC as Registrant's independent
accountants to replace Weinberg & Company, P.A. who was dismissed. Weinberg &
Company, P.A.'s report on the financial statements for the period from March 24,
1999 (inception) to October 31, 1999 did not contain an adverse opinion or a
disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit
scope, or accounting principles. During Registrant's two most recent fiscal
years, and any subsequent interim period preceding such dismissal, there were no
disagreements with Weinberg & Company, P.A. on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement(s), if not resolved to the satisfaction of
Weinberg & Company, P.A., would have caused Weinberg & Company, P.A. to make
reference to the subject matter of the disagreement(s) in connection with its
report.

ITEM 7: FINANCIAL STATEMENTS AND EXHIBITS.

     (c)  Exhibits.

          16.1 Letter, dated April 19, 2000, from Weinberg & Company, P.A. to
               the Registrant regarding resignation of certifying accountant.

          16.2 Letter, dated April 19, 2000, from Weinberg & Company, P.A.
               regarding agreement with Item 4.


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<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.



                                          BEVERLY HILLS LTD., INC.


Date: April 24, 2000                      By: /s/ MARC BARHONOVICH
                                              ----------------------------------
                                                  Marc Barhonovich, President


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                      LETTER FROM WEINBERG & COMPANY, P.A.

                                                                    EXHIBIT 16.1

April 19, 2000

Mr. Marc Barhonovich
Beverly Hills Ltd., Inc.
16 N. Ft. Harrison
Clearwater, FL  33755


Dear Mr. Barhonovich:

This is to confirm that the client-auditor relationship between Keynote
Acquisition Corporation (Commission File Number 000-28523) and Weinberg &
Company, P.A. has ceased.


Very truly yours,


/s/  WEINBERG & COMPANY, P.A.
- ---------------------------------
     Weinberg & Company, P.A.
     Certified Public Accountants


cc: Office of the Chief Accountant
      SECPS Letter File
      Mail Stop 9-5
      Securities and Exchange Commission
      450 Fifth Street, N.W.
      Washington, DC 20549


                                       4




                     LETTER FROM WEINBERG & COMPANY., P.A.

                                                                    EXHIBIT 16.2

April 19, 2000


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549


         RE:   KEYNOTE ACQUISITION CORPORATION
               FILE REF. NO. 000-28523
               --------------------------------

We were previously the independent accountant for Keynote Acquisition
Corporation and, under the date of December 16, 1999 we reported on the
consolidated financial statements of Keynote Acquisition Corporation as of
October 31, 1999 and for the period from March 24, 1999 (inception) to October
31, 1999. On April 18, 2000 we were notified that our relationship as
independent accountants was terminated. We have read Keynote Acquisition
Corporation's statements included under Item 4 of its Form 8-K dated April 19,
2000, and we agree with such statements.


                                          Very truly yours,


                                          /s/ WEINBERG & COMPANY, P.A.
                                          --------------------------------------
                                              Weinberg & Company., P.A.
                                              Certified Public Accountants


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