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) April 29, 1997
OAK TREE MEDICAL SYSTEMS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-16206 02-0401674
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
163-03 Horace Harding Expressway, Flushing, New York 11365
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (718) 961-5224
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(Former name or former address, if changed since last report.)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Previous independent accountants
(i) On April 29, 1997 Oak Tree Medical Systems, Inc. (the "Company")
was notified by the firm of Simon Krowitz Bolin & Associates,
P.A., that they were resigning from the client-auditor
relationship.
(ii) The report of Simon Krowitz Bolin & Associates, P.A., on the
Company's financial statements for the last fiscal year contained
no adverse opinion or disclaimer of opinion and was not qualified
or modified as to uncertainty, audit scope or accounting
principle.
(iii)Subject to the qualification in the letter from Simon Krowitz
Bolin & Associates, P.A., attached as Exhibit 16, in connection
with the audit of the Company's financial statements for its most
recent fiscal year and through April 29, 1997, there have been no
disagreements with Simon Krowitz Bolin & Associates, P.A., on any
matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which disagreements if
not resolved to the satisfaction of Simon Krowitz Bolin &
Associates, P.A., would have caused them to make reference
thereto in their report on the financial statements for such
fiscal year.
(iv) Subject to the qualification in the letter from Simon Krowitz
Bolin & Associates, P.A., attached as Exhibit 16, during the most
recent fiscal year and through April 29, 1997, the Company was
not advised of any of the matters referred to in Regulation S-B
Item 304(a)(1)(iv)(B).
(b) New independent accountants
(i) The Company has not yet appointed new independent accountants.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
16 Copy of letter from Simon Krowitz Bolin & Associates, P.A., dated May 6,
1997 addressed to the Securities and Exchange Commission
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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.
By: /s/ Henry Dubbin
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Name: Henry Dubbin
Title: President
Date: May 6, 1997
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EXHIBIT 16
SIMON KROWITZ BOLIN & ASSOCIATES, P.A.
11300 Rockville Pike, Suite 800
Rockville, MD 20852
May 6, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
Re: Oak Tree Medical Systems, Inc.
We have read Item 4 of the Form 8-K, dated May 6, 1997, of Oak Tree Medical
Systems, Inc. (the "Company") and are in agreement with the statements contained
in paragraph 4(a) therein, subject to the following qualification. Subsequent to
the completion of our audit of the financial statements of the Company for the
fiscal year ended May 31, 1996, we have not had sufficient involvement with the
Company or its accounting practices and procedures to enable us to comment on
such accounting practices and procedures for any period subsequent to the
completion of our audit, including the matters referred to in Item
304(a)(1)(iv)(B) of Regulation S-B.
Yours very truly,
/s/ SIMON KROWITZ BOLIN & ASSOCIATES, P.A.
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