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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) December 13, 1996
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Bikers Dream, Inc.
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(Exact Name of Registrant as Specified in its Charter)
California 0-15501 33-0140149
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(State or Other Jurisdiction (Commission (IRS Employer
Of Incorporation) File Number) Identification No.)
1420 Village Way, Santa Ana, California 92705
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (714) 835-8464
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(Former Name or Former Address, if Changed Since Last Reported)
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Item 4. Changes in Registrant's Certifying Accountant.
1. (i) The Registrant's former independent accountant, Coopers
& Lybrand L.L.P., resigned its auditor-client
relationship with the Registrant on December 13, 1996.
(ii) The report by Coopers & Lybrand on the financial
statements of the Registrant for fiscal year ended
December 31, 1995 contained an explanatory paragraph
regarding the Registrant's ability to continue as a
going concern. Except for this explanatory paragraph,
the Registrant's former independent accountants' report
did not include an adverse opinion or disclaimer of
opinion, and was not modified as to uncertainty, audit
scope or accounting principles. In connection with the
audit of the registrant's financial statements for
fiscal year 1995, there was no disagreement between such
former independent accountant and management of the
registrant on any matter of accounting principles or
practices, financial statement disclosure, or auditing
scope or procedure which have not been resolved to the
registrant's former independent accountants'
satisfaction. Coopers and Lybrand L.L.P. had been the
Registrant's independent accountant since November 19,
1995.
2. As of December 31, 1996 the Registrant engaged Singer, Lewak,
Greenbaum & Goldstein LLP as its new independent accountant.
Registrant did not consult with Singer, Lewak, Greenbaum &
Goldstein LLP or any other accounting firm regarding the
application of accounting principles to a specified
transaction, either contemplated or completed, or the type of
audit opinion that might be rendered regarding Registrant's
financial statements, nor did Registrant consult Singer, Lewak,
Greenbaum & Goldstein LLP with respect to any disagreement or
event required to be identified pursuant to item 304(a)(1) of
Regulation S-B or otherwise at any time prior to the
appointment of such firm.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
16.1 Letter from Coopers & Lybrand L.L.P., former principal
independent accountant for the Registrant.
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.
Dated: January 6, 1997 BIKERS DREAM, INC.
By: /s/ DONALD DUFFY
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Donald J. Duffy, Co-Chief
Executive Officer and
Chief Financial Officer
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EXHIBIT 16.1
[COOPERS & LYBRAND L.L.P. LETTERHEAD]
January 7, 1997
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements made by Bikers Dream, Inc. (copy attached), which
we understand will be filed with the Commission, pursuant to Item 4 of Form
8-K, as part of the Company's Form 8-K report for the month of January, 1997.
We agree with the statements concerning our Firm in such Form 8-K.
Very truly yours,
COOPERS & LYBRAND L.L.P.
