SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
August 14, 1996
Date of Report (Date of earliest event reported) _______________________________
S.O.I. INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-12572 59-2158586
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(Commission File Number) (IRS Employer Identification No.)
16910 Dallas Parkway, Suite 100, Dallas, Texas 75248
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(Address of principal executive offices) (Zip Code)
AC 214/248-1922
Registrant's telephone number, including area code ____________________
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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.
I.
The accounting firm of Coopers & Lybrand, L.L.P., the independent accountants
for the Registrant, were dismissed on August 14, 1996 as per the recommendation
of the Company's Board of Directors.
During the fiscal years ended June 30, 1995 and June 30, 1996, and the interim
period subsequent to June 30, 1996, there have been no disagreements with
Coopers & Lybrand, L.L.P. on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure or any reportable
events.
Coopers & Lybrand, L.L.P.'s report on the financial statements for the fiscal
year ended June 30, 1995 contained no adverse opinion or disclaimer of opinion
and was not qualified or modified as to uncertainty, audit scope or accounting
principles.
The Registrant has requested that Coopers & Lybrand, L.L.P., furnish it with a
letter addressed to the Securities and Exchange Commission stating whether it
agrees with the above statements.
II.
Due to the fact that the accounting firm Coopers & Lybrand, L.L.P., the
independent accountants for the Registrant, was dismissed as of August 14, 1996,
the Registrant engaged the accounting firm of S.W. Hatfield + Associates as
independent accountants for the Registrant, effective as of August 14, 1996.
During the fiscal years ended June 30, 1995 and June 30, 1996, and the interim
period subsequent to June 30, 1996, there have been no consultations with S.W.
Hatfield + Associates on any matter of accounting principles to a specific
transaction, either completed or proposed; or the type of audit opinion that
might be rendered on the Registrant's financial statements.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
16.2 Letter dated September 5, 1996, from Coopers & Lybrand L.L.P. to the
Securities and Exchange Commission.
2
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
S.O.I. INDUSTRIES, INC.
/s/ Kevin B. Halter
By: _________________________________
Kevin B. Halter, President
Dated: September 5, 1996
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EXHIBIT INDEX
Exhibit
Number
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16.2 Letter dated September 5, 1996, from Coopers & Lybrand L.L.P.
to the Securities and Exchange Commission
4
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EXHIBIT 16.2
5
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September 5, 1996
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements make by S.O.I. Industries, Inc. (copy attached),
which we understand will be filed with the Commission, pursuant to Item 4 of
Form 8-K/A, as part of the Company's Form 8-K report for the month of August
1996. We agree with the statements concerning our Firm in such Form 8-K/A.
Very truly yours,
/s/ Coopers & Lybrand L.L.P.
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Coopers & Lybrand L.L.P.
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