SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) March 22, 1996
SOUTHWEST CAPITAL CORPORATION
Exact name of registrant as specified in its charter)
New Mexico 0-8149 85-0169650
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1650 University Blvd, N.E., Suite 100, Albuquerque, New Mexico 87102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 505-884-7161
Item 4. Changes in Registrant's Certifying Accountant.
By letter dated March 15, 1996, the Registrant's former principal auditors,
KPMG Peat Marwick resigned and will not continue to act in that capacity or to
audit the Registrant's books and records for the year ended December 31, 1995.
Notice of the KPMG Peat Marwick resignation was received by the Registrant on
March 20, 1996.
a) KPMG Peat Marwick served as the Registrant's principal accountant for the
fiscal years ended December 31, 1993 and 1994.
i) By letter dated March 15, 1996, KPMG Peat Marwick informed the
Registrant of its immediate resignation.
ii) KPMG Peat Marwick's reports on the financial statements for the past
two fiscal years contained no adverse opinion or disclaimer of opinion or were
qualified or modified as to disclosure, uncertainty, audit scope, or accounting
principles.
b) On March 28, 1996, the Registrant retained the services of Grant Thornton to
act as its principal accountant to audit its books and records for the fiscal
year ended December 31, 1995. The Registrant has never had any consultation with
Grant Thornton of the type described in Paragraph (a)(2) of Item 304 of
Regulation S-K.
c) At no time during the Registrant's two most recent fiscal years or during the
interim period from December 31, 1995 through the date of KPMG Peat Marwick's
resignation on March 15, 1996, was there any disagreement between the Registrant
and KPMG Peat Marwick of the type described in paragraph (a)(1)(iv) of item 304
of regulation S-K, nor during those same periods was there any reportable event
as described in paragraph (a)(1)(v) of Item 304 of Regulation S-K.
d) The Registrant provided KPMG Peat Marwick a copy of this Amended Report
together with its request that KPMG Peat Marwick furnish the Registrant a letter
addressed to the Commission stating whether it agrees with the statements made
herein in response to Item 304(a) of Regulation S-K and, if not, stating the
respects in which the firm does not agree.
Item 7. Financial Statements and Exhibits.
(a) No financial statements are filed with this Report.
(b) Exhibits
(16) Letter of KPMG PeatMarwick dated March 29, 1996
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.
SOUTHWEST CAPITAL CORPORATION
Laurence S. Zipkin
_____________________________
Laurence S. Zipkin, President
KPMG Peat Marwick LLP
6565 Pan American Parkway, NE-#700 Telephone 505 884 3939 Telefax 505 884 8348
Post Office Box 3939
Albuquerque, NM 87190
March 29, 1996
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Southwest Capital Corporation, and,
under the date of March 14, 1995, we reported on the financial statements of
Southwest Capital Corporation as of an for the years ended December 31, 1994 and
1993. On March 15, 1996, we resigned. We have read Southwest Capital
Corporation's statements included under Item 4 of its Form 8-K/A dated March 22,
1996, an we agree with such statements.
Very truly yours
KPMG Peat Marwick LLP
KPMG Peat Marwick LLP
