NUMEX CORP
8-K, 1998-05-21
BUSINESS SERVICES, NEC
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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):May 18, 1998


                                NUMEX CORPORATION
- --------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)



         Delaware                   0-9459                     06-1034587
- --------------------------------------------------------------------------------
(State or Other Jurisdiction      (Commission              (I.R.S. Employer
  of Incorporation )                File No.)               Identification No.)

14115 S. Pontlavoy Ave., Santa Fe Springs, California                 90670
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                            (Zip Code)

Registrant's telephone number, including area code:  (562) 404-7176


                          Not applicable
(Former Name or Former Address, if Changed Since Last Report)



<PAGE>


Item 4.  Changes in Registrant's Certifying Accountant

         The Board of Directors  of Numex  Corporation,  a Delaware  Corporation
(the  "Company")  has  approved   management's  proposal  to  engage  Stonefield
Josephson, Inc., as the Company's new independent public accountants,  effective
May 18, 1998.

         The report of the Company's prior accountants, Singer Lewak Greenbaum &
Goldstein  LLP, on the financial  statements of the Company for the fiscal years
ended March 31,  1995,  March 31, 1996,  and March 31, 1997,  did not contain an
adverse  opinion,  disclaimer  of opinion nor was it qualified or modified as to
audit, scope accounting principles or uncertainty,  except that the accountants'
report   included  an   explanatory   paragraph   relating   to  going   concern
considerations for fiscal years ended March 31, 1995, 1996 and 1997.

         There were no disagreements with Singer Lewak Greenbaum & Goldstein LLP
within the two most recent years, nor subsequently,  on any matter of accounting
principles or practices,  financial statement  disclosure,  or auditing scope or
procedure,  which  disagreements,  if not resolved to the satisfaction of Singer
Lewak  Greenbaum & Goldstein  LLP would have cause it to make  reference  to the
subject matter of the disagreement in its reports.

         Singer  Lewak  Greenbaum &  Goldstein  LLP did not,  however,  audit or
review the  Company's  financial  statements  for any period  subsequent  to the
fiscal year ended March 31, 1997.


Item 7.  Financial Statements, Proforma Financial Information and Exhibits.

                                    Exhibits

     1.  Letter dated May 20, 1998 from Singer Lewak  Greenbaum & Goldstein  LLP
         confirming statements made in the Form 8-K (filed herewith).

     2.  Letter dated May 21, 1998 from Stonefield  Josephson,  Inc.  confirming
         statements made in this Form 8-K (filed herewith).


<PAGE>



                                    SIGNATURE


         Pursuant to the  requirements  of Securities  Exchange Act of 1934, the
Company  has  duly  caused  this  report  to be  signed  on  its  behalf  by the
undersigned thereunto duly authorized.


                                           NUMEX CORPORATION


                                            By  /s/     Jack I. Salzberg
                                                        Jack I. Salzberg
                                           President and Chairman of the Board


Dated:  May 21, 1998



<PAGE>



                                    Exhibit 1

               (Singer Lewak Greenbaum & Goldstein LLP Letterhead)



                                   May 20,1998



Securities and Exchange Commission
Washington, DC 20549

Re:      Numex Corporation
         File No. 0-9459

Dear Sir or Madam:


We have read Item 4 of the Form 8-K of Numex Corporation dated May 18, 1998, and
agree with the statements contained therein.

                                     Very truly yours,



                                     /s/ Singer Lewak Greenbaum & Goldstein LLP
                                      SINGER LEWAK GREENBAUM & GOLDSTEIN LLP

<PAGE>




                                    Exhibit 2


                     (Stonefield Josephson, Inc. Letterhead)



May 21, 1998

Securities and Exchange Commission 450 - 5th Street, N.W.
Washington, D.C. 20549


Re: Numex Corporation

Dear Sirs:

Stonefield  Josephson has been engaged by Numex  Corporation  on May 18, 1998 as
its independent  certified public accountants.  We do not have any clarification
or corrections  regarding item 4 of the form 8K of Numex  Corporation  dated May
18, 1998.



/s/ Stonefield Josephson, Inc.
CERTIFIED PUBLIC ACCOUNTANTS











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