SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 2, 1998
WESTMARK GROUP HOLDINGS, 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)
0-18945 84-1055077
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(Commission File Number) (I.R.S. Employer
Identification No.)
355 N.E. Fifth Avenue, Suite 4, Delray Beach,Florida 33483
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(Address of principal executive offices, including zip code)
(561) 243-8010
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(Registrant's telephone number, including area code)
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EXHIBITS
Exhibit
No. Page
1.1 Letter dated January 2, 1998 of
Comiskey & Company.........................................5
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Item 1 Changes in Control of Registrant
Inapplicable
Item 2 Acquisition or Disposition of Assets
Inapplicable
Item 3 Bankruptcy or Receivership
Inapplicable
Item 4 Changes in Registrant's Certifying Accountant
Comiskey & Company has resigned as the Company's, (a Delaware
corporation), independent certified public accountants
effective January 2, 1998.
Rachlin, Cohen & Holtz has been engaged on January 2, 1998 as
the Company's independent certified public accountants.
The decision to change accountants was approved by the
Company's board of directors.
There were no disagreements between the Company and Comiskey &
Company on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure
in connection with the audits of the fiscal years ended
December 31, 1996, 1995 and 1994 and any subsequent interim
period preceding such resignation.
Item 5 Other Events
Inapplicable
Item 6 Resignations of Registrant's Directors
Inapplicable
Item 7 Financial Statements and Exhibits
Letters provided by former accountants.
Item 8 Change in Fiscal Year
Inapplicable
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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 hereunto duly authorized.
WESTMARK GROUP HOLDINGS, INC.
By: /s/ Irving H. Bowen
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Irving H. Bowen, Executive Vice President,
Treasurer & Chief Financial Officer, Director
(Principal Accounting Officer & Duly Authorized
Director & Officer of the Registrant)
By: /s/ Mark D. Schaftlein
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Mark D. Schaftlein, President & Chief Executive
Officer, Director
(Duly Authorized Director & Officer of the
Registrant)
Dated: January 6, 1998
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COMISKEY & COMPANY
789 Sherman Street
Suite 440
Denver, CO 80203
(303) 830-2255
January 2, 1998
Board of Directors
Westmark Group Holdings, Inc.
355 N.E. 5th Avenue, Suite 4
Delray Beach, FL 33483
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Westmark Group Holdings, Inc. ("Registrant")
Gentlemen:
Effective December 30, 1997, Comiskey and Company has resigned as
independent certified public accountants for Westmark Group Holdings, Inc. (the
"Company").
We have reviewed the Form 8-K dated January 2, 1998 and have no
disagreement with the statements made by the Registrant in Item 4 of such Form
8-K. There were no disagreements between the Company and Comiskey and Company on
any matter of accounting practices, financial statement disclosure, or auditing
scope or procedure in connection with the audits of the fiscal years ended
December 31, 1996, 1995, and 1994, nor any subsequent interim period preceding
such resignation.
Very truly yours,
/s/ Comiskey and Company
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Comiskey and Company
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