CORONADO INDUSTRIES INC
8-K, 1997-03-28
BLANK CHECKS
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                       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) March 28, 1997

                            CORONADO INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)

     NEVADA                          33-33034-NY                    223161629

(State or other                   (Commission File               (IRS Employer
  Jurisdiction of                      Number)                   Identification
  Incorporation)                                                     Number)


      16929 East Enterprise Drive, Suite 202, Fountain Hills, Arizona    85268
               (Address of Principal Executive Offices)               (Zip Code)

       Registrant's Telephone Number, including area code: (602) 837-6810

                                       N/A
          (Former name or former address, if changed since last report)

                                     Total number of pages including exhibits: 3
                                                        Exhibit index on page: 2
<PAGE>
                                                                     Page 2 of 3

Item 4.           Changes in Registrant's Certifying Accountant

(a)      Former Independent Accountant.

         On March 28, 1997, Arthur Andersen LLP ("Arthur  Andersen") resigned as
the certifying accountant for Coronado Industries, Inc. (the "Company").  Arthur
Andersen  was  engaged  on March  13,  1997 to  audit  the  Company's  financial
statements for the fiscal year ended December 31, 1996.  Arthur Andersen has not
issued any report on the  financial  statements  of the Company.  The Company is
aware of no disagreements or reportable  events with respect to its relationship
with Arthur  Andersen.  The Company has  authorized  Arthur  Andersen to respond
fully to the  inquiries  of any  Company  successor  accountant  concerning  its
engagement with the Company.

         The Company  provided  Arthur  Andersen with a copy of all  disclosures
made in  response  to  this  Item  and  requested  a  letter,  addressed  to the
Commission,  stating  whether the former  accountant  agrees with the statements
made in such  disclosures.  A copy of any response  letter from Arthur  Andersen
will be filed with the  Commission by amendment,  within two (2) days of receipt
by the Company.

(b)      New Independent Accountant.

         The  Company  intends  to,  but has not yet  engaged  a new  certifying
accountant.

Item 7.           Financial Statements and Exhibits.

<TABLE>
<CAPTION>
(c)      Exhibits                                                                                   Page:
                                                                                                    -----

         (16)     Letters Regarding Change in Certifying Accountant

<S>                         <C>                                                      
                  16.1      Response letter of former certifying accountant
                            Arthur Andersen......................................(to be filed by amendment)

                  16.2      Response letter from new certifying
                            accountant...........................................(to be filed by amendment)
</TABLE>
                                        2
<PAGE>
                                                                     Page 3 of 3
                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the registrant has duly caused this amended report to be signed on its
behalf by the undersigned hereunto duly authorized.


                                            CORONADO INDUSTRIES, INC.
                                            a Nevada corporation
                                               (Registrant)


March 28, 1997                              By:      (signed) Gary R. Smith
                                                ---------------------------
                                                      Gary R. Smith, President
                                                     (Signature)


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