BROADBAND WIRELESS INTERNATIONAL CORP
8-K, 2000-06-29
OIL ROYALTY TRADERS
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                                  UNITED STATES
                       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: June 29,2000


                  BROADBAND WIRELESS INTERNATIONAL CORPORATION
                  --------------------------------------------
             (Exact name of registrant as specified in its charter)


                                     Nevada

                 (State or other jurisdiction of incorporation)



           0-08507                                    75-1441442
           -------                                    ----------
   (Commission File Number)               (I.R.S. Employer Identification No.)



        1301 Avenue M, Cisco, Texas                  76437
        ---------------------------                  -----
  (Address of principal executive offices)          Zip Code)



                                 (254) 442-3968
                                 --------------
              (Registrant's telephone number, including area code)


<PAGE>



Item 4.  Change in Registrant's Certifying Accountant

         On June 28, 2000,  the  Registrant's  Board of  Directors  approved the
engagement  of the  accounting  firm of Clyde  Bailey,  P.C. as its  independent
certifying  accountants  for  Registrant's  fiscal year ending March 31, 2000 to
replace the accounting firm of Jackson & Rhodes,  P.C., who resigned on June 24,
2000.  Jackson & Rhodes'  reports on the financial  statements of the Registrant
for the past two fiscal years ended March 31, 1999 and March 31, 1998  contained
no adverse  opinion or  disclaimer of opinion and were not qualified or modified
as to  uncertainty,  audit scope or accounting  principles.  During the two most
recent  fiscal  years and the interim  periods  subsequent  to the  Registrant's
fiscal year ended March 31, 1999, there have been no disagreements  with Jackson
&  Rhodes  on any  matter  of  accounting  principles  or  practices,  financial
statement disclosure,  auditing scope or procedure,  or any reportable events as
defined in Item 304 (a) (1) (iv) of Regulation S-B.

         The  Registrant  has requested  that Jackson & Rhodes furnish it with a
letter  addressed to the Securities and Exchange  Commission (the "SEC") stating
whether it agrees with the above statements.  A copy of Jackson & Rhodes' letter
to the SEC, dated June 29, 2000, is filed as Exhibit 16.1 to this Form 8-K.

Item 7.  Financial Statements and Exhibits.

(c)      Exhibits.

         The following document is filed as part of this Report:

16.1     Letter to SEC from Jackson & Rhodes, P.C. dated June 29, 2000.


                                       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.

                                            BROADBAND WIRELESS
                                            INTERNATIONAL CORPORATION

                                               (Registrant)



Date:          June 29, 2000                By: /s/ Ivan W. Webb
                                                --------------------------------
                                                    Ivan W. Webb, President

                                       3


<PAGE>



                                INDEX TO EXHIBITS

                                                                   Appears at
                                                                  Sequentially
Exhibit                                                            Numbered
Number                   Description                                 Page

 16.1      Letter to SEC from Jackson & Rhodes, P.C. dated
           June 29, 2000.                                             5

                                       4



<PAGE>

                     [Letterhead of Jackson & Rhodes, P.C.]


June 29, 2000



Securities and Exchange Commission
450 Fifth Street, N.W.

Washington, D.C. 20549


RE:      BroadBand Wireless International Corporation
         Commission File No. 0-08507


We were previously the principal accountant for BroadBand Wireless International
Corporation  ("BroadBand")  and we  reported  on  the  financial  statements  of
BroadBand  as of and for the years ended  March 31,  1999 and 1998.  On June 24,
2000, we resigned as principal accountant.  We have read BroadBand's  statements
included under Item 4 of its Form 8-K dated June 29, 2000 and we agree with such
statements.

                                                    Yours very truly,

                                                    JACKSON & RHODES, P.C.

                                                    /s/ Jackson & Rhodes
                                                    ----------------------------
                                                    Certified Public Accountants





                                       5






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