UNITED STATES
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) 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 reports of Simon Krowitz Bolin & Associates, P.A., on the
Company's financial statements for the two fiscal years ended May
31, 1996 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 two
fiscal years ended May 31, 1996 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 years.
(iv) Subject to the qualification in the letter from Simon Krowitz
Bolin & Associates, P.A., attached as Exhibit 16, during the two
fiscal years ended May 31, 1996 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 retained the accounting firm of Most Horowitz &
Company, LLP as independent accountants for the Company,
effective June 6, 1997.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
16 Copy of letter from Simon Krowitz Bolin & Associates, P.A., dated June 19,
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: June 19, 1997
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EXHIBIT 16
SIMON KROWITZ BOLIN & ASSOCIATES, P.A.
11300 Rockville Pike, Suite 800
Rockville, MD 20852
June 19, 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/A, dated June 19, 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 significant involvement with the
Company or its accounting practices and procedures. However, to the extent of
our limited involvement with the Company during the period from the completion
of our audit of the Company's financial statements for the fiscal year ended May
31, 1996 through April 29, 1997, we are in agreement for such period with the
statements contained in paragraphs 4(a)(iii) and 4(a)(iv) of the Form 8-K/A.
Yours very truly,
/s/ SIMON KROWITZ BOLIN & ASSOCIATES, P.A.
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