Form 8-K
First National Entertainment Corp.
June 14, 1996
S E C U R I T I E S A N D E X C H A N G E C O M M I S S I
O N
Washington, D.C. 20549
FORM 8 - K
Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
Commission file No. 0-18866 Date of Report:June 10, 1996
(Date of earliest reported
event)
FIRST NATIONAL ENTERTAINMENT CORP.
(Exact name of small business issuer as specified in its
charter)
Colorado 93-1004651
(State or other jurisdiction of (I.R.S. Employer
Incorporation or organization) Identification No.)
600 Enterprise Drive, Suite 109, Oak Brook, Illinois 60521
(Address of principal executive offices)
(708) 573-8209
(Registrant's telephone number)
2443 Warrenville Road, Suite 600, Lisle, Illinois 60532
(Former Address)
Item 4. Changes in Registrant's Certifying Accountant
On June 10, 1996, the Company received notification the its
independent auditor, Earnst & Young LLP was resigning as
independent auditor effective immediately. See Exhibit 1.0.
On June 14, 1996, the Company received a confirmation letter
stating that the client-auditor relationship between the
Company and Earnst & Young LLP had ceased. This letter
indicated that it had also been sent to the Commission for
notification. See Exhibit 1.1.
Exhibits
1.0 Notification of independent auditor's resignation
1.1 Confirmation that client-auditor relationship has ceased
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.
First National Entertainment
Corp. Registrant
June 14, 1996
Date
_______________________________
Stephen J. Denari
President
Signatures
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly cause this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
First National Entertainment
Corp. Registrant
June 14, 1996 /s/ Stephen J. Denari
Date Signature
Stephen J. Denari
President
Index
Exhibits
1.0 Notification of independent auditor's resignation
1.1 Confirmation that client-auditor relationship has
ceased
Exhibit 1.0
June 10, 1996
Mr. Steve Denari
President
First National Entertainment
600 Enterprise Drive
Suite 109
Oak Brook, IL 60521
Dear Mr. Denari:
This letter will serve as notification to you that Ernst &
Young is hereby resigning from serving as the independent
auditors for First National Entertainment Corp. Item 304
of Regulation S-K requires a registrant to report a change
in auditors on Form 8-K within 5 business days. I would
suggest you consult with legal councel with respect to the
Company's filing to meet this requirement. Please prepare
the required disclosures for our review as soon as
possible.
/s/ James K. Holtzman
Partner
James K. Holtzman
Partner, Ernst & Young
Exhibit 1.1
June 14, 1996
Mr. Steve Denari
President
First National Entertainment
600 Enterprise Drive
Suite 109
Oak Brook, IL 60521
Dear Mr. Denari:
This is to confirm that the client-auditor relationship
between First National Entertainment Corp. (Commission
File Number 0-18866) and Ernst & Young has ceased.
Very truly yours,
/s/ Ernst & Young LLP
Ernst & Young LLP
cc: Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
