TOPRO INC
8-K, 1997-07-03
ELECTRICAL INDUSTRIAL APPARATUS
Previous: INSURED MUNICIPALS INCOME TRUST SERIES 268, 485BPOS, 1997-07-03
Next: GENESIS HEALTH VENTURES INC /PA, 8-K, 1997-07-03




<PAGE>


                          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
                                           

                                      June 26, 1997          
                                 ---------------------
                                    Date of Report
                          (Date of Earliest Event Reported)
                                           

                                       TOPRO, INC.                   
                 ----------------------------------------------------
                (Exact name of Registrant as specified in its charter)
                                           

               Colorado                     0-19167           84-1042227   
    ------------------------------        -----------       ----------------
   (State or other jurisdiction of        (Commission       (I.R.S. Employer 
    incorporation or organization)          File No.)        I. D. Number)
  

 2525 West Evans Avenue, Denver, Colorado                           80219  
 ----------------------------------------                        ----------
 (Address of principal executive offices)                        (zip code)

                                   (303) 935-1221
                   ------------------------------------------------
                 (Registrant's telephone number, including area code)

<PAGE>

ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

    By letter dated June 26, 1997, Topro, Inc. (the "Company") dismissed Hein +
Associates LLP ("Hein") as its principal accountant.  The Company received a
letter dated June 27, 1997 from Hein confirming the client-auditor relationship
between them had ceased.  By letter dated June 26, 1997, the Company engaged BDO
Seidman LLP ("BDO") as its successor principal accountant.  The decision to
dismiss Hein was approved by the Company's Board of Directors.

    The Hein reports on the Company's consolidated financial statements for
each of the fiscal years ended June 30, 1996 and 1995 did not contain an adverse
opinion or a disclaimer of opinion, nor were such reports qualified or modified
as to uncertainty, audit scope or accounting principle.

    During fiscal years ended June 30, 1996 and 1995 and any subsequent interim
period preceding the dismissal of Hein, the Company is not aware of any
disagreements between it and Hein on any matter of accounting principle or
practice, financial statement disclosure, or auditing scope or procedure or
reportable events as defined in Item 304 of Regulation S-B.

    The Company has provided Hein with a copy of this Form 8-K and has
requested them to furnish a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above statements.  Such letter
is filed as an amendment to this Form 8-K pursuant to Item 304(a)(3) of
Regulation S-B.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

    (c) Exhibits.

    16.1 Letter regarding Change in Certifying Accountant.


                                      SIGNATURES
                                           
    Pursuant to the requirements of Section 13 or 15(d) 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.

                                       Topro, Inc.



Date: JULY 2, 1997                     By: /s/ John Jenkins 
                                           --------------------------
                                           John  Jenkins
                                           President and CEO


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