UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________
FORM 8-K/A
AMENDMENT #2
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
_____________
Date of Report (Date of earliest event reported): April 11, 1995
PROPERTY SECURED INVESTMENTS, INC.
(Exact name of registrant as specified in its charter)
California 33-26036 95-4320650
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
445 South Figueroa Street, Suite 2600,
Los Angeles, California 90071-1630
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(213) 612-7714
EXHIBIT INDEX AT PAGE 3.
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Item 7. Financial Statements and Exhibits
---------------------------------
A letter from Singer, Lewak, Greenbaum & Goldstein, the
Company's former accountants, stating its agreement with the
statements contained in the Company's Form 8-K/A dated
April 11, 1995, is filed herewith.
Pursuant to the requirement of the Securities Exchange Act
of 1934, the Company has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Dated: June 20, 1995 PROPERTY SECURED INVESTMENTS, INC.
By: /s/ Andrew K. Proctor
-------------------------------
ANDREW K. PROCTOR, President
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EXHIBIT INDEX
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No. Description
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16 Letter on Change in Accountants
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EXHIBIT 16
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Singer, Lewak, Greenbaum & Goldstein
Certified Public Accountants &
Management Consultants, a Professional Corporation
May 23, 1995
Securities and Exchange Commission
Washington, D.C. 20549
Re: Property Secured Investments, Inc.
File No. 33-26036
Dear Sir and Madam:
We have read Item 4 of the Form 8-K/A of Property Secured
Investments, Inc. dated April 11, 1995, and agree with the
statement contained therein.
Very truly yours,
SINGER, LEWAK, GREENBAUM & GOLDSTEIN
Certified Public Accountants & Management Consultants,
A Professional Corporation
/s/ Marc I. Abrams
Marc I. Abrams, C.P.A.
Partner
MIA:mc
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