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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): November 10, 1997
BT Energy Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-12435 31-1062127
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6505 Rockside Road, Suite 325, Independence, Ohio 44131-2342
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(Address of principal executive offices)
Registrant's telephone number, including area code: 216-573-6500
N/A
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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.
(a) Previous Independent Accountants:
Effective November 10, 1997, the accounting firm of Aherns, Flack &
Co., L.L.C. resigned as the independent accountants of BT Energy Corporation
(the "Company"). The accounting firm had been recently engaged by the Company
on October 1, 1997, and had not rendered any financial statements on behalf
of the Company prior to its resignation. In connection with its brief
representation of the Company, there have been no disagreements with Aherns,
Flack & Co., L.L.C. on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure.
The Company has requested that Aherns, Flack & Co., L.L.C. furnish
it with a letter addressed to the Securities & Exchange Commission, stating
whether or not it agrees with the above statements. A copy of such letter,
dated December 3, 1997, is filed as Exhibit 16.1 to this Form 8-K.
(b) New Independent Accountants:
The Company has engaged the accounting firm of Pustorino, Puglisi &
Co., LLP, as the new independent public accountants for the Company,
effective November 11, 1997.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
16.1 Letter of Aherns, Flack & Co., L.L.C., dated December 3, 1997.
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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.
BT Energy Corporation
By: /s/ A.T. Stautberg, Jr., Pres.
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A.T. Stautberg, Jr., Pres.
Date: December 3, 1997
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Exhibit 16.1
Ahrens, Flack & Co., L.L.C.
CERTIFIED PUBLIC ACCOUNTANTS
William H. Ahrens, CPA 2001 West Main Street
John A. Flack, CPA Stamford, Connecticut 06902
203-348-3033
FAX: 203-348-1874
December 3, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
BT Energy Corporation
We have read Item 4 of BT Energy Corporation's Form 8-K dated December 3,
1997 and are in agreement with the statements contained in paragraph 4(a)
therein.
Yours very truly,
Ahrens, Flack & Co., LLC
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/s/ Ahrens, Flack & Co., LLC
