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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): December 11, 1996
COMMODORE ENVIRONMENTAL SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-10054 87-0275043
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
150 East 58th Street, Suite 3400
New York, New York 10155
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(Address of principal executive offices)
Registrant's telephone number, including area code: (212) 380-5800
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Item 4. Changes in Registrant's Certifying Accountant
(a)(1)(i) The Registrant and its former auditors, Tanner + Co.
("Tanner"), mutually agreed on December 11, 1996 to
terminate their relationship.
(ii) During the Registrant's past two fiscal years,
Tanner's reports on the Registrant's financial
statements neither contained any adverse opinions or
disclaimers of opinions nor were qualified or
modified as to uncertainty, except that Tanner's
auditors reports on the Registrant's consolidated
financial statements for the years ended December 31,
1995 and 1994 contained additional paragraphs
relating to the Registrant continuing as a going
concern due to the Registrant's significant losses
and deficit in working capital and the uncertainty
relating to the estimate of possible claims relating
to its captive insurance subsidiary relating to
asbestos abatement.
(iii) The decision to terminate its relationship with
Tanner was approved by the Board of Directors of the
Registrant.
(iv) During the past two fiscal years, there were no
disagreements with Tanner 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
Tanner, would have caused it to make reference to the
subject matter of the disagreements in connection
with its reports.
(a)(2) Pursuant to action approved by the Registrant's Board
of Directors, the Registrant retained Price
Waterhouse LLP as its auditors as of December 11,
1996.
(a)(3) The Registrant provided Tanner with the above
disclosures prior to filing this Current Report on
Form 8-K with the Commission, and is filing herewith
Tanner's response to those disclosures pursuant to
Item 304(a)(3) of Regulation S-K.
Item 7. Financial Statements and Exhibits
(a) Exhibits
Exhibit No. Description
16 Letter regarding Change in Certifying
Accountant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report to be signed on its behalf by
the undersigned hereunto duly authorized.
COMMODORE ENVIRONMENTAL SERVICES, INC.
By: /s/ Andrew P. Oddi
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Andrew P.Oddi
Vice President of Finance
& Administration and
Chief Financial Officer
Date: December 24, 1996
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EXHIBIT INDEX
Exhibit No. Description
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16 Letter regarding Change in Certifying Accountant.
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[TANNER & COMPANY LETTERHEAD]
LOGO
December 24, 1996
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
RE: Commodore Environmental Services, Inc.
File Ref. No. 1-10054
We were previously the principal accountant for Commodore Environmental
Services, Inc. and under the date of February 6, 1996 except for notes B, G, J,
Q, and R, which are dated August 7, 1996, we reported on the consolidated
financial statements of Commodore Environmental Services, Inc. and subsidiaries
as of and for the years ended December 31, 1995 and 1994. On December 11, 1996,
our appointment as principal accountant was terminated. We have read Commodore
Environmental Services, Inc.'s statements included under Item 4 of its Form 8-K
dated December 11, 1996 and we agree with such statements.
Sincerely,
/s/ Tanner & Co.
