UNITED STATES
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): September 26, 2000
PRIDE COMPANIES, L.P.
(Exact name of registrant as specified in its charter)
Delaware 001-10473 75-2313597
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation or
organization)
1209 North Fourth Street
Abilene, Texas 79601
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (915) 677-5444
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Item 4. Changes in Registrant's Certifying Accountant.
On September 26, 2000, the firm of Ernst & Young LLP ("Ernst &
Young") notified the Registrant of their resignation as auditors of
the Registrant, effective as of that date. During the Registrant's
two most recent fiscal years for the period ended December 31, 1999
and the subsequent interim periods preceding the resignation of Ernst
& Young, there were no disagreements with Ernst & Young on any matter
of accounting principles or practice, financial statement disclosure
or auditing scope or procedure, which, if not resolved to the
satisfaction of Ernst & Young, would have caused Ernst & Young to make
a reference to the matter in connection with their reports. The
reports of Ernst & Young on the Registrant's financial statements for
the two most recent fiscal years did not contain an adverse opinion, a
disclaimer of opinion or was qualified as to audit scope or accounting
principles. The report of Ernst & Young on the fiscal year ended
December 31, 1999 was modified as to uncertainty regarding the ability
of the Registrant to continue as a going concern.
The Registrant has authorized Ernst & Young to respond fully to
any successor independent accounting firm regarding Ernst & Young's
audit of the Registrant's financial statements and Ernst & Young's
resignation as auditors of the Registrant.
Item 7. Financial Statements and Exhibits.
(c) The following exhibits are filed with this report:
Exhibit Number Description
1 Letter of Ernst & Young LLP dated September 26, 2000
2 Letter of Ernst & Young dated October 2, 2000.
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SIGNATURE
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 thereunto duly authorized.
PRIDE COMPANIES, L.P.
By: Pride Refining, Inc.,
Managing General Partner
By: /s/ Brad Stephens
Brad Stephens
Chief Executive Officer
Date: October 2, 2000
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Exhibit 1 to Form 8-K
September 26, 2000
Mr. George Percival
Chief Financial Officer
Pride Companies, L.P.
1209 N. Fourth St.
Abilene, TX 79601
Dear Mr. Percival:
This is to confirm that the client-auditor relationship between Pride
Companies, L.P. (Commission File Number 001-10473) and Ernst & Young
LLP has ceased.
Very truly yours,
/s/ Ernst & Young LLP
cc: Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 11-3
450 Fifth Street, N.W.
Washington, D.C. 20549
<PAGE>
Exhibit 2 to Form 8-K
October 2, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K dated October 2, 2000, of Pride
Companies, L.P. and are in agreement with the statements contained
therein. We have no basis to agree or disagree with other statements
of the Registrant contained therein.
/s/ Ernst & Young LLP
