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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): June 24, 1997
AIRSHIP INTERNATIONAL LTD.
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(Exact name of Registrant as specified in its charter)
New York
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(State or other jurisdiction of incorporation)
0-14646 06-1113228
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(Commission File Number) (I.R.S. Employer Identification No.)
7380 Sand Lake Road, Suite 350, Orlando, Florida 32819
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (407) 351-0011
Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 4. Change in Registrant's Certifying Accountant.
Grant Thornton LLP had served as the Company's independent accountants
since 1993. As of June 24, 1997, Grant Thornton LLP was dismissed, as a result
of the Company's budgetary concerns. There have been no reports issued by the
Company's accountants during the two most recent fiscal years and any subsequent
interim period through the date of such dismissal. The Company has not, during
the two most recent fiscal years and any subsequent interim period through the
date of such dismissal, had any disagreements with Grant Thornton LLP on any
matter of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, nor has there been a "reportable event" with the
former accountant, as described in Items 304(a)(1)(iv) and (v) of Regulation
S-K. The principal accountant's report on the financial statements for the year
ended December 31, 1993 included a modification paragraph as to uncertainty,
including matters giving rise to substantial doubt as to the Company's ability
to continue as a going concern.
Upon recommendation of the Audit Committee of the Board of Directors,
the Board has selected Charlie Meeks, C.P.A., P.A. as its new independent
accountant with respect to the fiscal years ending December 31, 1994, 1995 and
1996.
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ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits. The following exhibits are filed herewith:
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Regulation S-K
Exhibit Number:
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(16) Letter re: change in accountant from Grant Thornton LLP dated July 22, 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 thereunto duly authorized.
Airship International Ltd.
Dated: July 22, 1997 By: /s/ Louis J. Pearlman
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Louis J. Pearlman, Chairman of the Board,
President and Chief Executive and
Operating Officer
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Suite 3850
101 East Kennedy Boulevard
Tampa, FL 33602-5154
813 229 7201
FAX 813 223-3015
[GRANT THORNTON LOGO]
July 22, 1997 GRANT THORNTON LLP Accountants and
Management Consultants
Securities and Exchange Commission The U.S. Member Firm of
Washington, DC 20549 Grant Thornton International
Re: Airship International, Ltd.
File No. 0-14646
Dear Sir or Madam:
We have read Item 4 of the Form 8-K of Airship International Ltd. Dated July 22,
1997, and agree with the statements contained therein.
Very truly yours,
/s/ Grant Thornton
