(THIS SPACE LEFT INTENTIONALLY BLANK)
DOWNLOAD FORMATTING INSTRUCTIONS FOR CORRECT PAGINATION:
PAGE SETUP: .5"TOP, .5"BOTTOM, 1"LEFT, 1"RIGHT
TYPE: COURIER, 10PT
<PAGE>
_____________________________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
FORM 8-K/A
Current Report Pursuant
to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report: February 17, 1997
EQUITY AU, INC.
______________________________________________________
(Exact Name of Registrant as Specified in its Charter)
DELAWARE
______________________________________________
(State or Other Jurisdiction of Incorporation)
00-17520 75-2276137
________________________ ____________________________________
(Commission File Number) (IRS Employer Identification Number)
119 Gold Lane, Mena, AR 71953
________________________________________ __________
(Address of Principal Executive Offices) (Zip Code)
(817) 497-3624
_______________________________________________
(Registrant's Phone Number, Including Area Code)
_____________________________________________________________________________
<PAGE>
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
N/A
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
N/A
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
N/A
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(a) Management deems the Registrant to be an "inactive entity" as
that term is understood under Rule 3-11 of Regulation S-X. The
Registrant will therefore file unaudited financial statements for
reports required for fiscal year 1996, for purposes of reports
required under the Securities Exchange Act of 1934. The Registrant
will not be retaining or engaging the services and has dismissed the
firm of J.S. Osborn, P.C., Certified Public Accountants, as
independent accountants for the Company, on February 17, 1997. The
Registrant will not engage any new independent accountant.
(b) During the three most recent fiscal years ending December 31,
1995, and to May 2, 1997, there have been no disagreements
with J.S. Osborn, P.C. Certified Public Accountants on any matter
of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure or any reportable events.
(c) The report of J.S. Osborn, P.C., Certified Public Accountants
on the financial statements for the three year period ended December
31, 1995 and to May 2, 1997, contained no adverse opinion or
disclaimer of opinion, audit scope or accounting principles. The
report was qualified as to uncertainty of the Registrant to continue
as a going concern.
(d) The Registrant has requested that J.S. Osborn, P.C., Certified
Public Accountants furnish it with a letter addressed to the
Securities Exchange. A copy of J.S. Osborn, P.C., Certified Public
Accountants' letter to the Commission is attached hereto as Exhibit
16.
ITEM 5. OTHER EVENTS
N/A
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS
N/A
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial statements of business required
N/A
(b) Pro forma financial information
N/A
(c) Exhibits
Letter dated May 2, 1997 from J. S. Osborne, P.C., Certified
Public Accountants.
ITEM 8. CHANGE IN FISCAL YEAR
N/A
<PAGE>
EXHIBIT 16
(Letterhead)
J. S. Osborn, P.C.
Certified Public Accountants
17430 Campbell Road, Suite 114
Dallas, Texas 75252
972-735-0033
Fax 972-735-0035
May 2, 1997
Security Exchange Commission
450 5th Street N. W.
Washington D.C., 20549
Dear Sir or madam:
In compliance with SEC regulations concerning the firm's disassociation with
respect to Equity AU, Inc. (Equity), we make the following statements:
(a) During the three most recent years ending December 31, 1995, there have
been no disagreements between J. S. Osborn, P. C. and Equity on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure or any reportable event.
(b) The report of J. S. Osborne, P. C. on the financial statements for the
three year period ended December 31, 1995 contained no adverse opinion or
disclaimer of opinion, audit scope or accounting principle. However, the
report was qualified as to uncertainty of Equity's ability to continue as a
going concern.
Sincerely,
/s/ Mark L. Cleland
- -----------------------
Mark L. Cleland
<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.
Dated: May 7, 1997
EQUITY AU, INC.
/s/ Charles F. Jones
By:___________________________
Charles F. Jones
Title: President
