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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
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 15, 1999
I-STORM, INC.
(Formerly Digital Power Holding Company)
(Exact name of registrant as specified in its charter)
NEVADA 2-93477-D 87-0410127
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
2440 WEST EL CAMINO REAL, SUITE 520
MOUNTAIN VIEW, CALIFORNIA 94040
(Address of principal executive offices)
Registrant's telephone number, including area code: (650) 962-5420
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I-Storm, Inc. hereby amends in its entirety its Form 8-K, filed on
December 15, 1999 with the Securities and Exchange Commission to reflect the
following:
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
Jones, Jensen & Co, L.L.C. were previously the principal certifying
accountants for I-Storm, Inc., formerly Digital Power Holding Company (the
"Registrant"). On July 1, 1998, Jones, Jensen & Co.'s appointment as principal
accountants was terminated and Arthur Andersen, LLP was engaged as principal
accountants. Formal written notice of the termination was delivered on December
15, 1999. The decision to change accountants was approved by the audit committee
and the full board of directors of the Registrant.
During the Registrant's two fiscal years ended March 31, 1997 and 1998
respectively, the fiscal year ended December 31, 1998 and the subsequent interim
period through December 15, 1999, there were no disagreements between the
Registrant and Jones, Jensen & Co., LLC on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedures,
which disagreements if not revolved to their satisfaction would have caused them
to make reference in connection with their opinion to the subject matter of the
disagreement.
None of the "reportable events" described under Item 304(a)(1)(iv) of
Regulation S-B occurred within the Registrant's two fiscal years ended March 31,
1997 and 1998 respectively, the fiscal year ended December 31, 1998and the
subsequent interim period through December 15, 1999.
The audit reports of Jones Jensen LLC on the financial statements of
I-Storm, Inc., formerly Digital Power Holding Company as of and for the fiscal
years ended March 31, 1998 and 1997, did not contain any adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope, or accounting principles. A letter from Jones Jensen &Co, LLC is
attached as Exhibit 16.2.
During the Registrant's two fiscal years ended March 31, 1997 and 1998
respectively, the fiscal year ended December 31, 1998 and the subsequent interim
period through December 15, 1999, the Registrant did not consult with Jones
Jensen & Co, LLC regarding any of the matters or events set forth in Item
304(a)(2)(i) and (ii) of Regulation S-B.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
The following exhibit is filed with this Form 8-K:
16.1 January 24, 2000 Letter of Jones Jensen & Co, LLC. regarding
change in certifying accountant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
I-Storm has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
I-STORM, INC.
Date: January 28, 2000 By: /S/ Calbert Lai
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Calbert Lai
President
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January 20, 2000
Securities and Exchange Commission
450 Fifth Street, NW
Washington, D,C. 20549
Re: I-Storm, Inc. (formerly Digital Power Holding Company), a Nevada Corporation
Commission File No. 2-93477-D
Ladies and Gentlemen:
We were previously the independent accountants for the Company and on April 8,
1998 we reported on the financial statements of the Company for the fiscal years
ended March 31, 1998 and 1997. On December 15, 1999, we were formally dismissed
as the independent accountants of I-Storm, Inc. (formerly Digital Power Holding
Company).
We have read the Company's statements included under Item 4 of this current
report on Form 8-K dated December 15, 1999 and have no disagreements with the
disclosure made therein.
Very truly yours,
/s/ Jones, Jensen & Company
Jones, Jensen & Company
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