EXTEN INDUSTRIES INC
8-K, 2000-02-29
FINANCE SERVICES
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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):           January 14, 2000

                            EXTEN INDUSTRIES, INC.
                            ----------------------
            (Exact name of registrant as specified in its charter)

     DELAWARE                      0-16354                     52-1412493
     --------                      -------                     ----------
     (State or other            (Commission                (I.R.S. Employer
     jurisdiction of            File Number)              Identification No.)
     incorporation)

             9620 Chesapeake Drive, Suite 201
                  San Diego, California                    92123
             --------------------------------              -----
         (Address of principal executive offices)        (Zip Code)


   Registrant's telephone number, including area code:      (858) 496-0173

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<PAGE>


ITEM 4.     CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT

     On December 16, 1999, Exten Industries, Inc. (the "Company") dismissed
J.H. Cohn, LLP (the "Former Auditor") as its independent auditor.  The Former
Auditor's audit reports on the Company's financial statements for the years
ended November 30, 1998 and 1997 were included in the Company's Form 10-KSB,
which was filed on April 1, 1999.  Neither of the audit reports contained an
adverse opinion or disclaimer of opinion, or was modified as to uncertainty,
audit scope, or accounting principals.

     The decision to dismiss the Former Auditor was approved by the Company's
Board of Directors.  Consequently, following the approval of its Board of
Directors, the Company informed the Former Auditor that the Company was
dismissing the Former Auditor. On  January 14, 2000, the Company engaged as its
new independent auditor Logan Throop & Co. (the "New Auditor") to audit the
Company's financial statements for the years ended November 30, 1999 and 1998.

     There were no disagreements between the Company and the Former Auditor on
any matter of accounting principles or practices, financial statement
disclosure or auditing, scope, or procedure. Prior to the engagement of the New
Auditor, there were no consultations between the Company and the New Auditor
relating to disclosable disagreements with the Former Auditor, how accounting
principles would be applied by the New Auditor to a specific transaction, or
the type of an opinion the New Auditor might render.

- - -------------------------------------------------------------------------------
<PAGE>


                                   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.
EXTEN INDUSTRIES, INC.

Date:     February 28, 2000                           By:  /s/ W. Gerald Newmin
                                                           --------------------
                                                           W. Gerald Newmin,
                                                        Chief Executive Officer




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