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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
December 23, 1998
Commission File Number: 0-9969
Century Industries, Inc.
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(Exact name of Registrant as specified in its charter)
District of Columbia 54-1666769
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(State or other jurisdiction of (I.R.S. Employer
incorporation of organization) Identification No.)
45034 Underwood Lane
Sterling, Va.
(Mail) P.O. Box 319
Sterling, Va. 20166
20167
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (703) 471-7606.
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 of 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
(1) Yes X No
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(2) Yes X No
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Item 4. Changes In Registrant's Certifying Accountant
On December 16, 1998, the Audit Committee of the Board of Directors of
the Registrant received a letter of resignation from Sobel & Co., the
independent auditors of Registrant for the fiscal year ending December 31, 1998.
Discussions have continued with Sobel & Co. regarding incomplete facts and
preliminary information which need to be resolved, and which Sobel & Co. has not
yet been able to provide to Registrant, in order to satisfy the terms of Item
304 of Regulation S-B.
In view of Sobel & Co.'s failure to provide this factual information,
Registrant has terminated its relationship with Sobel & Co. as independent
auditor for Registrant for its year ending December 31, 1998 as of December 23,
1998.
Registrant shall resolve the incomplete facts and preliminary
information and file, within five (5) days of this termination, a further and
more expansive Form 8-K.
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.
Century Industries, Inc.
December 23, 1998 /s/
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Ted L. Schwartzbeck, President,
Chief Executive Officer
