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 20, 1996
SOUTHWEST CAPITAL CORPORATION
Exact name of registrant as specified in its charter)
New Mexico 0-8149 85-0169650
(State of 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 PeatMarwick 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 PeatMarwick resignation was received by the Registrant on
March 20, 1996.
a) KPMG PeatMarwick served as the Registrant's principal accountant for the
fiscal years ended December 31, 1993 and 1994.
The Registrant has contacted other auditing firms seeking a replacement for
KPMG PeatMarwick, but at the date of this report has not secured a new firm's
services. The Registrant has never had any consultation with any contacted firm
of the type described in Paragraph (a)(2) of Item 304 of Regulation S-K.
i) By letter dated March 15, 1996, KPMG PeatMarwick informed the Registrant
of its immediate resignation.
ii) KPMG PeatMarwick'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) There has been no disagreement between the Registrant and KPMG PeatMarwick of
the type described in paragraph (a)(1)(iv) of Item 304 of Regulation S-K, nor
was there any reportable event as described in paragraph (a)(1)(v) of Item 304
of Regulation S-K during the Registrant's current or prior two fiscal years.
c) On the date of this Report the Registrant provided KPMG PeatMarwick a copy of
this 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 it does not agree.
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
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Laurence S. Zipken, President
