UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 15, 1997
DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-9311 87-0269260
(State or other jurisdiction of (Commission file number) (I.R.S. Employer
incorporation or organization) Identification
Number)
15840 Ventura Boulevard - Suite 310, Encino, CA 91436
(Address of principal executive offices) (Zip Code)
(818) 386-2323
(Registrant's telephone number, including area code)
955 South Virginia Street, Reno, Nevada 89502
(Former name, former address and former fiscal year, if changed
since last report)
Total sequentially numbered pages in this document: 3
Exhibit index pages number: 1
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ITEM 4. RESIGNATION OF ACCOUNTANT
On July 7, 1997, Registrant received the letter attached hereto as
Exhibit 1 from its accountant, Jay J. Shapiro, CPA. Registrant has determined
that the reason for the resignation is failure by Registrant to pay its auditor
on a timely basis. Additionally, Registrant has reviewed other correspondence
and determined there was a fundamental disagreement over accounting procedures
for entertainment assets owned by Registrant.
Registrant is in the process of resolving a rescission agreement that
will also resolve the accounting procedures problem. If this rescission
agreement is fulfilled it will be reported in a separate 8-K.
ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION
AND EXHIBITS
1. Letter of resignation from J. Shapiro, CPA, company auditor dated May
13, 1997, but not received by Registrant until July 7, 1997.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
DIGITAL TECHNOLOGIES MEDIA GROUP, INC.
(Registrant)
Date: August 15, 1997 /s/Arthur Newberger
-------------------
Arthur Newberger
President, Chief Executive Officer,
and Director
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Exhibit 1
JAY J. SHAPIRO, C.P.A.
A Professional Corporation
16501 Ventura Boulevard
Suite 650
Encino, CA 91436
Tel. (818) 990-4878 Fax (818) 990-4944
May 13, 1997
Mr. Art Newberger, Chief Executive Officer
Digital Technologies Media Group, Inc.
15840 Ventura Boulevard, #310
Encino, CA 91436
Dear Mr. Newberger:
I have not received an appropriate response to my letter dated April 30, 1997,
and accordingly hereby terminate my professional relationship with your company.
Please comply with Paragragh # 6 of our engagement contract and remit the sum of
$4,405.00 immediately.
This is to confirm that the client-auditor relationship between Digital
Technologies Media Group, Inc. and JAY J. SHAPIRO, C.P.A., a professional
corporation has ceased.
Sincerely,
Jay J. Shapiro
JJS/aar
cc: Chief Accountant- Securities and Exchange Commission
Director-AICPA,SECPS
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