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
APRIL 20, 2000
(Date of Earliest Event Reported)
Commission File No.
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2-98075-D
VENTURES-NATIONAL, INC.
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(Name of Small Business Issuer in its Charter)
UTAH 87-0433444
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(State or Other Jurisdiction of (I.R.S. Employer I.D. No.)
incorporation or organization)
5525 SOUTH 900 EAST, SUITE 110
SALT LAKE CITY, UTAH 84117
(Principal Executive Office Address)
Registrant's Telephone Number, Including Area Code: (801)262-8844
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Item 1. Changes in Control of Registrant.
None; not applicable.
Item 2. Acquisition or Disposition of Assets.
None; not applicable.
Item 3. Bankruptcy or Receivership.
None; not applicable
Item 4. Changes in Registrant's Certifying Accountant.
On April 20, 2000, the Company dismissed its certifying public accountants,
Neil, James & Associates. Neil, James & Associates, report on the financial
statements for the period as of January 28, 1989 and the related statements of
operations, stockholders' equity(deficit) and cash flows for the years ended
February 28, 1989 and February 29, 1988 did not contain an adverse opinion or
disclaimer of opinion, and was not qualified or modified as to uncertainty,
audit scope or accounting principles, except that their report for the year
ended February 28, 1989 contained an explanatory paragraph regarding the
substantial doubt about the Company's ability to continue as a going concern.
The decision to dismiss Neil, James & Associates, was approved by the Company's
Board of Directors. The Company has not had any disagreements with Neil, James &
Associates, on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure. The Company has engaged
Thurman, Shaw & Co., as its certifying accountant as of June 29, 2000, for the
Company's fiscal year ending June 30, 2000.
The Company was unable to contact Neil, James & Associates, they have since
relocated and have not been found or they are no longer in business.
The Company has not consulted Thurman, Shaw & Co., previously. It is not
anticipated that the reports of Thurman, Shaw & Co., will contain any adverse
opinion or disclaimer of opinion, with the exception of a standard "going
concern" qualification, if applicable.
During the Registrant's three most recent calendar years, and since then,
neither Thurman, Shaw & Co. nor Neil, James & Associates, has advised the
Company that any of the following exists or is applicable:
(1) That the internal controls necessary for the Company to develop
reliable financial statements do not exist, that information has come to
their attention that has led them to no longer be able to rely on
management's representations, or that has made them unwilling to be
associated with the financial statements prepared by management;
(2) That the Company needs to expand significantly the scope of its audit,
or that information has come to their attention that if further
investigated may materially impact the fairness or reliability of a
previously issued audit report or the underlying financial statements or
any other financial presentation, or cause them to be unwilling to rely on
management's representation or be associated with the Company's financial
statements for the foregoing reasons or any other reason.
(3) That they have advised the Company that information has come to their
attention that they have concluded materially impacts the fairness or
reliability of either a previously issued audit report or the underlying
financial statements for the foregoing reasons or any other reason.
During the Company's three most recent calendar years and since then, the
Company has not consulted Neil, James & Associates, regarding the application of
accounting principles to a specified transaction, either completed or proposed;
or the type of audit opinion that might be rendered on the Company's financial
statements or any other financial presentation whatsoever.
Item 5. Other Events.
None; not applicable.
Item 6. Resignations of Directors and Executive Officers.
None; not applicable
Item 7. Financial Statements and Exhibits.
Financial Statements.
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None; not applicable.
Exhibits.
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None;
Item 8. Change in Fiscal Year.
None; not applicable.
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.
VENTURES-NATIONAL, INC.
Date: 09/05/2000 /S/LUKE BRADLEY
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Luke Bradley, Secretary and Director
