CONTINENTAL AMERICAN TRANSPORTATION INC
8-K, 1997-10-14
TRUCKING & COURIER SERVICES (NO AIR)
Previous: MATRIX SERVICE CO, 10-Q, 1997-10-14
Next: RANSON MANAGED PORTFOLIOS, 497J, 1997-10-14



                       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):   October 6, 1997

CONTINENTAL AMERICAN TRANSPORTATION, INC.
         Exact name of Registrant as specified in charter)

Colorado         0-18729           84-1089599
(State or other       (Commission            (IRS employee
jurisdiction of       file number)           identification
incorporation                                       no.)


   495 Lovers Lane Road, Calhoun, Georgia          30701
- --------------------------------------------------------
     (Address of principal executive office)      Zip Code

Registration telephone number, including area code: (706) 629-8682











<PAGE>


Item 4.   Changes in Registrant's Certifying Accountant

          On October 6, 1997, Continental American Transportation,  Inc.
          (the "Company")  advised Rosenberg Rich Baker Berman & Company
          ("Rosenberg")  that the Company was discontinuing  Rosenberg's
          services as the Company's  independent auditor.  This decision
          was  approved  by the Board of  Directors  of the  Company  by
          written consent.

          Rosenberg's reports on the financial statements of the Company
          for the past  three  (3)  fiscal  years  did not  contain  any
          adverse opinion or disclaimer of opinion, nor were the reports
          modified  as  to  uncertainty,   audit  scope,  or  accounting
          principles.

          To the  best  knowledge  of the  Company's  current  Board  of
          Directors, there were no disagreements between the Company and
          Rosenberg during their service and subsequent  interim periods
          preceding   such   dismissal  on  any  matter  of   accounting
          principles or practices,  financial statement  disclosure,  or
          audit  scope  or  procedure,  which  disagreement(s),  if  not
          resolved to the  satisfaction of Rosenberg,  would have caused
          it  to  make  a  reference  to  the  subject   matter  of  the
          disagreement(s) in connection with its reports.

          On October 6, 1997 Continental American  Transportation,  Inc.
          (the  "Company")  engaged  Grant  Thornton LLP to serve as the
          Company's  independent  accountants  for the fiscal year ended
          June 30,  1997.  The  decision to engage  Grant  Thornton  was
          approved  by the Board of  Directors  by  written  consent  on
          October 6, 1997.

          During the two year period ended June 30, 1997 and through the
          date  of this  report,  the  Company  did  not  consult  Grant
          Thornton  LLP   regarding   the   application   of  accounting
          principles   to   a   specific   completed   or   contemplated
          transaction,  or the  type of  audit  opinion  that  might  be
          rendered on the Company's financial statements.

          Due to this  recent  change  in  auditors,  as well as the due
          diligence  required  of  both  Company  management  and  Grant
          Thornton LLP in connection with its  preparation,  the Company
          anticipates  a delay in filing its Form  10-KSB for the fiscal
          year ended June 30,  1997,  until  approximately  November 30,
          1997.

                                            SIGNATURES

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

                                      CONTINENTAL AMERICAN TRANSPORTATION, INC.


                                       By: s/Tim Holstein
                                            Tim Holstein, President

Dated:  October 14, 1997
catfor18.8-k

                                                         2

<PAGE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission