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FORM 8-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 30, 1998
Advanced Materials Group, Inc.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
0-16401 33-0215295
(Commission File Number) (I.R.S. Employer Identification No.)
20211 South Susana Road, Rancho Dominguez, California 90221
(Address of principal executive offices)
Registrant's telephone number, including area code: (310) 537-5444
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Item 4. Changes in Registrant's Certifying Accountants
On March 30, 1998 the Registrant notified Corbin & Wertz, LLP that they were
dismissed as the Registrant's independent auditors.
There were no disagreements with Corbin & Wertz, LLP during the audits of the
Company's financial statements for the fiscal years ended November 30, 1996
and November 30, 1997 and any subsequent interim period preceding the change
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures, which would have caused the
accountants to make reference to the subject matter of the disagreement in
the audit report if the disagreement had not been resolved to the
accountant's satisfaction.
The reports of Corbin & Wertz, LLP on the Company's financial statements for
the past two fiscal years did not contain an adverse opinion or a disclaimer
of opinion and were not qualified or modified as to uncertainty, audit scope
or accounting principles.
The decision to change accountants was recommended by the audit committee of
the board of directors and approved by the Registrant's board of directors.
On March 30, 1998, the Registrant appointed Ernst & Young, LLP its
independent accountant and Ernst & Young, LLP accepted such appointment. The
Registrant had no relationship with Ernst & Young, LLP required to be
reported pursuant to Regulation S-K item 304(a)(2) during the two fiscal
years and the subsequent interim period to the date hereof.
Item 7. Financial Statements and Exhibits.
(a) Exhibits
16.1 Letter from Corbin & Wertz, LLP regarding its
concurrence with the Registrant's statement regarding
change of accountants.
SIGNATURE
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.
ADVANCED MATERIALS GROUP, INC.
/s/ Steve F. Scott
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By: Steve F. Scott
President and Chief Executive Officer
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April 3, 1998
Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: Current Report on Form 8-K for Advanced Materials Group, Inc.
We have read Item 4 included in the current report on Form 8-K for Advanced
Materials Group, Inc. dated April 3, 1998, filed with the Securities and
Exchange Commission and are in agreement with the statement contained therein.
CORBIN & WERTZ
