U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K / A
(Amendment No. 1)
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 30, 1998
NUMEX CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-9459 06-1034587
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(State or Other Jurisdiction (Commission) (I.R.S. Employer
of Incorporation ) File No. Identification No.)
14115 S. Pontlavoy Ave., Santa Fe Springs, California 90670
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (562) 404-7176
Not applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 4. Changes in Registrant's Certifying Accountant
On May 5, 1998, Numex Corporation (the "Company") received a letter
dated April 30, 1998 (and postmarked May 4, 1998) from Singer, Lewak, Greenbaum
& Goldstein, LLP (the "Accountants") advising the Company that the Accountants
were resigning as of April 30, 1998 as the independent accountants for the
Company.
The opinion provided by the Accountants for the Company's financial
statements for the past two fiscal years have contained a qualification as to
the Company's ability to continue as a going concern, but have not contained any
other type of adverse opinion, disclaimer of opinion, or modification as to
uncertainty, audit scope or accounting principles.
In considering whether to renew its engagement as the Company's
independent auditors for the fiscal year ended March 31, 1998, the Accountants
requested that, if the Company sought to eliminate a liability from the
Company's financial statements because the Company had no legal or contractual
obligation to pay such liability, the Company obtain either a verification from
a party as to the Company's potential liability under the terms of a licensing
agreement as part of its auditing procedures or a legal opinion regarding such
potential liability. For business reasons unrelated to an audit, the Company
preferred not to request such a verification and sought to instead provide a
form of legal opinion which would satisfy the Accountants' auditing procedures
regarding the potential liability. The Company had engaged its corporate counsel
to prepare a form of opinion to address this issue. Discussions regarding the
form of opinion, and the potential elimination of the liability, were not
completed as of April 30, 1998.
The Company is in the process of interviewing other accounting firms to
serve as the Company's independent accountants.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Exhibits
1. Letter dated April 30, 1998 regarding change in certifying accountant
(Previously filed as an exhibit to the Company's Current Report on Form
8-K, which was filed with Securities and Exchange Commission on May
6,1998.)
2. Letter dated May 8, 1998 from auditors confirming statements made in
said Current Report on Form 8-K. (filed herewith)
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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
President and Chairman of the Board
Dated: May 12, 1998
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Exhibit 2
(Accounting firm Letterhead)
May 8, 1998
Securities 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 April 30, 1998,
and agree with the statements contained therein.
Very truly yours,
/s/ Singer Lewak Greenbaum & Goldstein LLP
SINGER LEWAK GREENBAUM & GOLDSTEIN LLP
