NPC Holdings, Inc. 8-K
U. S. Securities and Exchange Commission
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
August 8, 2000
Commission File No. 0-8536
NPC Holdings, Inc.
(Name of Small Business Issuer in its Charter)
NEVADA 84-1034362
(State or Other Jurisdiction of (I.R.S. Employer I.D. No.)
incorporation or organization)
4685 S. HIGHLAND DR, SUITE 202
SALT LAKE CITY, UT 84117
(Address of Principal Executive Offices)
Issuer's Telephone Number: (801)274-1011
Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Sections 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the Registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
(1) Yes X No (2) Yes X No
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Item 4. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.
Hein + Associates, LLP, Certified Public Accountants located in Denver,
Colorado audited the financial statements of NPC Holdings, Inc. (formerly
known as The New Paraho Corporation) for the years ended June 30, 1999 and
1998. Hein + Associates, LLP was dismissed by management on August 8,
2000, as a result of engaging another auditor for the Company, Pritchett,
Siler & Hardy, PC on August 7, 2000.
The decision to change accountants was approved by the board of directors.
There were no disagreements between the Company and Hein + Associates,
whether resolved or not resolved, on any matter of accounting principles or
practices, financial statement disclosure or auditing, scope or procedure
which, if not resolved, would have caused them to make reference to the
subject matter of the disagreement in connection with their reports.
The Reports of Hein + Associates for the years 1999 and 1998 did not
contain any adverse opinions or disclaimers of opinion, but noted as to
uncertainty, audit scope or accounting principles as follows:
Note 2 to the audited financial statements of NPC Holdings, Inc. for the
years ended June 30, 1999 and 1998, addressed "Going Concern"
uncertainties, which stated, in part, "...Ultimately, the Company's ability
to continue as a going concern is dependent on obtaining third party
financing to construct a commercially feasible oil shale retort facility,
and achieving profitable operations." Management does not disagree with
this statement.
Management did not consult Pritchett, Siler & Hardy, PC regarding the
application of accounting principles to a specific completed or
contemplated transaction or the type of audit opinion that might be
rendered, nor concerning any matter that was the subject of any
disagreement or event.
Exhibits Description
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EX-16 Letter regarding change of certifying accountant
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 thereunto duly authorized.
NPC Holdings, Inc.
Date: 8-8-00 By /S/ Kip Eardley
President
