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): April 30, 1999
Eagle Pacific Industries, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Minnesota
(State or Other Jurisdiction of Incorporation)
0-18050 41-1642846
(Commission File Number) (I.R.S. Employer Identification Number)
2430 Metropolitan Centre
333 South Seventh Street
Minneapolis, Minnesota 55402
(Address of Principal Executive Offices) (Zip Code)
(612) 371-9650
(Registrant's Telephone Number, Including Area Code)
--------------------------
(Former Name or Former Address, if Changed Since Last Report)
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Item 4. Changes in Registrant's Certifying Accountant
A. Registrant dismisses Deloitte & Touche, LLP as its Independent
Public Accountant
(i) On April 30, 1999, Eagle Pacific Industries, Inc. (the
"Registrant") dismissed Deloitte & Touche, LLP as the Registrant's principal
independent public accountant. The decision to dismiss the Registrant's
certifying accountant was recommended and approved by the Registrant's Board of
Directors.
(ii) The report of Deloitte & Touche, LLP on the Registrant's financial
statements for the past two fiscal years contain no adverse opinion or a
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles.
(iii) In connection with its audits as of and for the years ended
December 31, 1998 and 1997, there have been no disagreements between the
Registrant and Deloitte & Touche, LLP 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 Deloitte & Touche, LLP,
would have caused it to make reference thereto in its report on the financial
statements for the Registrant for such years.
B. Registrant engages PricewaterhouseCoopers, LLP as its New Independent Public
Accountant.
(i) The Registrant engaged PricewaterhouseCoopers as its new
independent accountant as of April 30, 1999. During the two most recent fiscal
years, the Registrant has not consulted with PricewaterhouseCoopers, LLP on
items which: (i) involve the application of accounting principles to specified
transaction either completed or proposed, or involved the type of audit opinion
which might be rendered upon the Registrant's financial statements, or (ii)
concern the subject matter of a disagreement or reportable event with the former
auditor.
Item 7. Financial Statement and Exhibits
A. Financial statements of businesses acquired.
Not applicable.
B. Pro forma financial information.
Not applicable.
C. Exhibits.
The following is filed herewith. The exhibit number corresponds with
Item 601(b) of Regulation S-K.
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Exhibit No. Description
16 Letter dated May 4, 1999 from Deloitte & Touche, LLP
agreeing with disclosures set forth in Item 4(a)
<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.
Eagle Pacific Industries, Inc.
Date: May 4, 1999 By /s/ Patrick M. Mertens
Chief Financial Officer
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
EXHIBIT INDEX
to
FORM 8-K
Eagle Pacific Industries, Inc.
Exhibit No. Description
16 Letter dated May 4, 1999 from Deloitte & Touche, LLP
agreeing with disclosures set forth in Item 4(a).
Exhibit 16
May 4, 1999
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street Northwest
Washington, D.C. 20548
Ladies and Gentlemen:
We have read and agree with the comments in Item 4(a) of Form 8-K of Eagle
Pacific Industries, Inc. dated April 30, 1999.
Yours truly,
By /s/ Deloitte & Touche, LLP
Deloitte & Touche, LLP
