U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report: March 4, 1999
Commission File Number: 33-11795
RECOM MANAGED SYSTEMS, INC.
(Formerly Mt. Olympus Enterprises, Inc.)
Incorporated under the laws I.R.S. Employer Identification:
of the State of Delaware 87-0441351
Principal Executive Offices:
2412 Professional Drive
Roseville, CA 95661
Telephone: (916) 774-0953
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Item 4. Changes in Registrant's Certifying Accountants
On March 4, 1999, the Registrant selected Burnett, Umphress & Company,
LLP to serve as its new independent accountants and, accordingly, dismissed
Hansen, Barnett & Maxwell. The decision to engage Burnett, Umphress & Company,
LLP and dismiss Hansen, Barnett & Maxwell was approved by the Board of Directors
of the Registrant.
The reports of Hansen, Barnett & Maxwell on the financial statements
for the past two fiscal years contained no adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope or
accounting principle. However, their reports did include an explanatory
paragraph regarding a going concern contingency. During the two most recent
fiscal years and through March 4, 1999, there have been no disagreements with
Hansen, Barnett & Maxwell 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 Hansen, Barnett & Maxwell
would have caused them to make reference thereto in their report on the
financial statements for such years.
The Registrant has requested that Hansen, Barnett & Maxwell furnish it
with a letter addressed to the SEC stating whether or not it agrees with the
above statements. A copy of such letter, dated March 4, 1999, is filed as
Exhibit 16 to this Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. 16 Letter from Hansen, Barnett & Maxwell
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.
Recom Managed Systems, Inc.
(Registrant)
Date: March 9, 1999 By: /s/ James D. Collins
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James D. Collins
Chief Financial Officer
Page 1
EXHIBIT 16
Letter to the Securities and Exchange Commission from Hansen, Barnett & Maxwell:
March 4, 1999
Securities and Exchange Commission
Washington D.C.
RE: Recom Managed Systems, Inc.
We have read the statements Recom Managed Systems, Inc. made in its Form 8-K
dated March 4, 1999 regarding changes in the registrant's certifying
accountants. We agree with the statements made therein.
/s/ Hansen, Barnett & Maxwell
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HANSEN, BARNETT & MAXWELL
