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 16, 1998
Opal Technologies, Inc.
(Exact name of Registrant as specified in its charter)
33-18834-LA
-----------------
(Commission Number)
Nevada 87-0306464
- ---------------------------- ----------------------
(State or other jurisdiction) (I.R.S. Employer
of incorporation) Identification Number)
Suite 4704 Central Plaza, 18 Harbour Road, Wanchai, Hong Kong
----------------------------------------------------------------
(Address of principal executive offices) (Zip code)
011-852-2541-1999
-----------------------
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant
(a) Resignation of Independent Accounting Firm
(i) H. J. Swartz & Company, P.A. (the "principal accountants"),
the independent accounting firm which audited the financial statements
of the Registrant during fiscal year 1996, resigned as the Company's
principal accountants on January 16, 1998 in response to the Company's
request.
(ii) None of the principal accountant's reports on the financial
statements of the registrant has contained an adverse opinion or a
disclaimer of opinion, or was qualified or modified as to uncertainty,
audit scope, or accounting principles.
(iii) Not applicable.
(iv) During the preceding two years and any subsequent interim
period preceding their dismissal, the registrant had no disagreements
with the principal accountants 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
the principal accountants, would have caused it to make reference to
the subject matter of the disagreements in connection with its report.
(v) None of the kinds of events listed in paragraph (a)(1)(v)(A)
through (D) of Regulation S-K Item 304 occurred during the two most
recent fiscal years and any subsequent interim periods.
(b) Engagement of New Independent Accountants
On January 16, 1998, the registrant's board of directors formally
engaged Arthur Andersen & Co. as its new principal accountants (the
"new accounting firm") to audit the registrant's financial statements.
The registrant, during the two most recent fiscal years and any
subsequent interim period prior to the engagement of the new
accounting firm, did not consult with the new accounting firm with
regard to any of the matters listed in Regulation S-K Items
304(a)(2)(i) or (ii).
Item 7. Financial Statements and Exhibits.
(c) Exhibits
16.1 Letter from H. J. Swartz & Company, P.A. re. change in
certifying accountant
<PAGE>
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.
OPAL TECHNOLOGIES, INC.
/s/
----------------------------
By: John Koon
President
Date: February __, 1998
H.J. Swart & Company, P.A.
Certified Public Accountants
February 22, 1998
United States Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20559
RE: OPAL TECHNOLOGIES, INC.
Gentlemen:
We have acted as the Certifying Accountant for the aforementioned
Registrant for the fiscal year ended December 31, 1996. However, we have
resigned as the Registrant's Certifying Account for the fiscal year ended
December 31, 1997. This firm has been provided with the disclosures required by
Item 304(a)(1) of the Regulation S-K made by the Registrant to the United States
Securities and Exchange Commission. Upon review of the disclosures and
statements contained in the Form 8-K, this firm agrees with such disclosures and
statements made by the Registrant pursuant to Item 304(a)(1) of Regulation S-K
and hereby consents to the inclusion of this letter as an exhibit to Form 8-K.
Yours truly,
/s/
H. J. Swartz & Company, P.A.
717 East Oak Street
Kissimmee, Florida 34744
(407) 847-7466; fax (407) 847-6641 - Orlando (407) 647-7100
