NATIONAL ADVERTISING GROUP INC
8-K, 1997-04-25
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                                    FORM 8-K


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): February 14, 1997


                        NATIONAL ADVERTISING GROUP. INC.
                        --------------------------------
             (Exact name of registrant as specified in its charter)


    FLORDA                          0-19505                 65-0274107
- -------------------------------------------------------------------------------
    (State or other                 (Commission             (IRS Employer
    jurisdiction of Inc.)           File Number)            Identification No.)




                                 P.O. Box 490914
                             Key Biscayne, FL 33149


                                 (305) 373-3322


             601 BRICKELL KEY DRIVE. SUITE 804. MIAMI, FLORIDA 33131
             -------------------------------------------------------
<PAGE>



ITEM 4.    CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT

           On February 14, 1997, Angel E. Lana, CPA, was replaced as principal
accountant to audit the financial statements of the Registrant.

           The Registrant has retained Dohan and Company, Certified Public
Accountants, C.P.A. on February 18, 1997, to act as principal accountants to
audit financial statements for the Registrant.

           (i)    The former accountant was replaced on February 14, 1997.

           (ii)   Said principal accountant's report on the financial statements
                  for either of the past two years did not contain an adverse
                  opinion or disclaimer of opinion nor was the same qualified or
                  modified as to uncertainty audit scope, or accounting
                  principles

           (iii)  The decision to change accountants was recommended and
                  approved by the Board of Directors of the Registrant on
                  February 14, 1997.

           (iv)   During the Registrant's two most recent fiscal years and
                  through the day of dismissal on February 14, 1997 , there were
                  no disagreements between Angel E. Lana, CPA, the former
                  accountant and the Registrant on any matter of accounting
                  principals or practices, financial statements disclosures or
                  auditing scope or procedure.

           A new independent accountant has been engaged as the principal
accountant to audit the Registrant's financial statements. The newly engaged
accountant is the firm of Dohan and Company, C.P.A., P.A. and was retained on
February 18, 1997


<PAGE>



                                   SIGNATURES


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



                                        NATIONAL ADVERTISING GROUP, INC.




                                        By:  /S/ ANGEL L. LORIE, JR.__
                                            ---------------------------
                                            Angel L. Lorie, Jr.
                                            President

Date:              February 19, 1997


<PAGE>

                                INDEX TO EXHIBIT


EXHIBIT 
NUMBER              DESCRIPTION
- -------             -----------


99.1           Accountant's Letter





                                                                   EXHIBIT 99.1



April 11, 1997


Securities & Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20548

RE:  NATIONAL ADVERTISING GROUP, INC.

Ladies and Gentlemen:

The undersigned has served as the independent public accountant to the 
referenced corporation prior to the corporation's change of accountants,
described in the enclosed copy of the corporation's Form 8-K.

The undersigned does not disagree with any statement made by the corporation
in its Form 8-K in response to Item 304(a) of Regulation S-K.

Very truly yours,



/s/ ANGEL E. LANA, C.P.A.
- -------------------------
Angel E. Lana, C.P.A.



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