SECURITIES & 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) November
29, 1999
Exact Name of Registration as Specified in Charter:
PIERCE INTERNATIONAL DISCOVERY, INC.
State of Other Jurisdiction of Incorporation:
NEVADA
Commission File Number: 33-30743
IRS Employer Identification Number: 84-1121360
Address and Telephone Number of Principle Executive Offices:
6975 South Union Park Center, Ste #600
Salt Lake City UT 84047
(801) 256-9600
Item 1. Change of Control and Item 2. Acquisition or Disposition
of Assets.
On May 26, 1999 the Company entered into an agreement for the
acquisition of all the equity of InShape International, Inc.
("InShape"). As a result of the transaction, InShape became a
wholly-owned subsidiary of the Company and new officers and
directors were added to management. As reported in the Company's
filing on Form 10KSB for the year ended June 30, 1999, the
acquisition of InShape LLC was rescinded effective July 19, 1999
and prior management was reappointed. Subsequently, the name for
the Company was changed back to Pierce International Discovery,
Inc., which was the corporate name prior to the acquisition and
rescission. The Recission Agreement is filed herewith.
Additionally, Lionel L. Drage has been appointed to the Board
of Directors and serves as the Company's sole officer. Due to
medical reasons, Mr. Robert Kropf has resigned from management.
Item 4. Changes in Registrant's Certifying Accountants.
Prior to November 1999, Andersen, Andersen & Strong was the
principal accountant for Pierce International Discovery, Inc. On
November 29, 1999, the Board of Directors approved the engagement
of the firm of Crouch, Bierwolf & Chisholm to replace Andersen,
Andersen & Strong which declined to stand for reelection as the
Certifying Accountants for the Company.
In connection, with the audit of the previous fiscal year ended
June 30, 1998, there were no disagreements with Andersen, Andersen
& Strong on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedures,
which disagreements if not resolved to their satisfaction would
have caused them to make reference in connection with their opinion
to the subject matter of the disagreement, and said firm has not
advised the registrant of any reportable events.
The accountant's report of Andersen, Andersen & Strong on the
financial statements of Pierce International Discovery, Inc. as of
June 30, 1999 and for the year then ended did not contain any
adverse opinion or disclaimer of opinion, nor were they qualified
as to uncertainty, audit scope, or accounting principles.
Item 7. Exhibits
Exhibit No. Description Page
16.1 Letter on Change 3
in Accountants
SIGNATURES
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
Pierce International Discovery, Inc.
/s/ Lionel Drage
President and Director
Date: August 7, 2000
ANDERSEN, ANDERSEN & STRONG
FEBRUARY 29, 2000
SECURITIES & EXCHANGE COMMISSION
WASHINGTON, D.C.
GENTLEMEN:
WE HAVE BEEN FURNISHED WITH A COPY OF THE RESPONSE TO ITEM 4 OF THE
FORM 8-K FOR THE EVENT THAT OCCURRED ON FEBRUARY 29, 1999 FILED BY
OUR FORMER CLIENT, PIERCE INTERNATIONAL DISCOVERY, INC. WE AGREE
WITH THE STATEMENTS MADE IN RESPONSE TO THAT ITEM INSOFAR AS THEY
RELATE TO OUR FIRM.
SINCERELY,
/S/ ANDERSEN, ANDERSEN & STRONG
