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CURRENT REPORT FOR ISSUERS SUBJECT TO THE
1934 ACT REPORTING REQUIREMENTS
FORM 8-K/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
APRIL 11, 1997
(Date of Report)
INSTANT VIDEO TECHNOLOGIES, INC.
(Exact Name of Small Business Issuer as Specified in its Charter)
Commission File No. 33-35580-D
DELAWARE 84-1141967
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(State or Other Jurisdiction (I.R.S. Employer
of Incorporation) Identification Number)
500 SANSOME STREET, SUITE 503
SAN FRANCISCO, CALIFORNIA 94111
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(Address of Principal Executive Offices,
Including Zip Code)
Registrant's Telephone Number, Including Area Code: (415) 391-4455
001
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
As of March 27, 1997, the Board of Directors of the Company has elected to
dismiss Evers & Company Ltd. as its certifying accountant and replace Evers &
Company with KPMG Peat Marwick, pending completion of the necessary client
approval process. The client approval was complete as of April 11, 1997.
This change has been approved by the Company's Board of Directors, and is a
result of the Company's desire to utilize the services of a national accounting
firm. There is no time in the past two years that the former accountant's
report on the financial statements contained an adverse opinion or disclaimer
of opinion, or was modified as to uncertainty, audit scope, or accounting
principles.
During the two most recent fiscal years and through March 27, 1997, preceding
the dismissal of Evers & Company, there were no disagreements with said
former accountants 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 said former accountants,
would have caused them to make reference to the subject matter of the
disagreements in connection with their reports.
During the two most recent fiscal years, and any subsequent interim period
prior to engaging KPMG Peat Marwick, neither the Company nor someone on its
behalf consulted with KPMG Peat Marwick regarding (i) the application of
accounting principles to a specified transaction, either completed or proposed;
or the type of audit opinion that might be rendered on the Company's financial
statements, or (ii) any matter that was either the subject of a disagreement or
a reportable event.
002
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
The following exhibits are filed as part of this report:
Exhibit Sequential
No. Description Location Page No.
- ------- ----------- -------- ----------
16.1 Letter from Evers & Company Ltd. Attached Page 4
003
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[EVERS & COMPANY, LTD. LETTERHEAD]
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Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read and agree with the comments in Item 4 of Form 8-K of Instant Video
Technologies, Inc. dated April 11, 1997.
EVERS & COMPANY, LTD.
Phoenix, Arizona
April 11, 1997
004
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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.
INSTANT VIDEO TECHNOLOGIES, INC.
Dated: April 11, 1997 By: /s/ Gary R. Familian
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Gary R. Familian, President/
Chief Executive Officer
005