UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 16, 1999 (February 16,
1999)
ENVIRONMENTAL REMEDIATION HOLDING CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 0-17325 88-0218499
(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
3-5 Audrey Avenue
Oyster Bay, NY 11771
(Address of principal executive offices) (Zip Code)
Copy of Communications to:
Mercedes Travis, Esq.
Mintmire & Associates
265 Sunrise Avenue
Suite 204
Palm Beach, FL 33480
(561) 832-5696
Registrant's telephone number, including area code: (516) 922-4170
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Item 5. Other Events
Subsequent to the filing of the Company's Amendment No. 3 to its Form
S-1 ("S-1/A3") and Amendment No. 1 to the Form 10K for the Fiscal Year Ended
September 30, 1998 ("10K/A1"), it was discovered that there may be a question of
the ownership rights of the Company in the BAPCO tool.
The Board of Directors of the Company has been given notice under
Section 10A(b)(2) of the Securities and Exchange Act of 1934 and this filing is
their compliance with the requirements of Section 10A(b)(3).
The Company and its independent auditors, Durland & Company, CPAs, P.A.,
are conducting a full investigation. Upon completion of the investigation, the
Board of Directors intends that any changes in the legal or financial disclosure
relative to the financial and legal effects of such ownership rights shall be
disclosed in the form of further amendment to its Form S-1 and Form 10K for the
Fiscal Year Ended September 30, 1998 and any other reports which need to be
corrected.
In addition, the Company shall file the required Form 10-Q for the
Quarter Ended December 31, 1998 making note of the filing of this Form 8K and
stating that no changes have been made to the legal and financial disclosure
pending the results of the investigation.
All parties who are relying upon the previously filed audit opinion
letter, financial statements and the disclosures as to the BAPCO tool contained
in the Company's S-1/A3 and the 10K/A1 are hereby notified that such audit
opinion letter, financial statements and such disclosure may no longer be relied
upon and that any further reliance may only be made when the appropriate
amendments shall be filed with the Securities and Exchange Commission.
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.
Environmental Remediation Holding Corporation
(Registrant)
Dated: February 16, 1999
By: /s/ James R. Callender, Sr.
President, Chief Executive Officer
and Director
