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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 3, 1997
ADVATEX ASSOCIATES, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 13-3453420
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(State or other jurisdiction of (I.R.S. Employer
incorporation of organization) Identification No.)
605 West 48th Street, New York, N.Y. 10036
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (212) 921-0600.
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Purpose of Amendment
The purpose of this amendment is to clarify and further disclose
certain information required by this Form 8-K with respect to the change in the
Registrant's certifying accountant. The purpose of this amendment is also to
include a letter from the former accountants ascertaining the information found
in this Form 8-K as Exhibit 6.1 .
Item 4. Changes in Registrant's Certifying Accountant.
This item is amended to include the following statement in relation to
its compliance with Regulation S-K Item 304(a)(1)(iv):
There were, in addition, never any disagreements with the former
accountant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
there were any, if not resolved to the satisfaction of the former accountants,
would have caused it to make reference to the subject matter of the
disagreements in connection with its report.
Item 7. Financial Statements and Exhibits.
6.1 Letter from Former Accountants
6.2 Letter from Former Accountants specifically addressing this
amendment
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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.
Date: December 29, 1997 ADVATEX ASSOCIATES, INC.
By:/s/ Joseph P. Donnolo
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Joseph P. Donnolo, Chairman and
Chief Executive Officer
By:/s/ Rohullah F. Lodin
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Rohullah F. Lodin, Chief Financial and
Chief Accounting Officer
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Exhibit Index
6.1 Letter from Former Accountants
6.2 Letter from Former Accountants specifically addressing this amendment
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[LETTERHEAD OF KPMG PEAT MARWICK LLP}
December 23, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Advatex Associates, Inc. and,
under date of February 21, 1997, we reported on the consolidated financial
statements of Advatex Associates, Inc. and subsidiaries as of and for the years
ended December 31, 1996 and 1995. On December 3, 1997 our appointment as
principal auditors was terminated. We have read statements included under Item
4 of its Form 8-K dated December 5, 1997 and we agree with such statements
except that:
(i) We are not in a position to agree or disagree with Advatex
Associates, Inc.'s statement that the firm of Lazar, Levine &
Co. LLP was appointed as the Company's new certifying
accountants;
(2) We are not in a position to agree or disagree with Advatex
Associates, Inc.'s stated reason for changing principal
accountants; and
(3) We are not in aposition to agree or disagree with the Company's
statements in the third paragraph of Item 4 with regard to
discussions held by any audit of similar committee of the board
of directors.
Very truly yours,
KPMG Peat Marwick LLP
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[LETTERHEAD OF KPMG PEAT MARWICK LLP]
December 30, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
This letter supplements our previous letter to the Commission dated December
23, 1997.
We have read the statement included under Item 4 of Advatex Associates, Inc.'s
Form 8-K/A dated December 30, 1997 and agree with such statement.
Very truly yours,
KPMG Peat Marwick LLP