FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): June 6, 1996
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ENVIRONMENTAL TECHNOLOGIES USA, INC.
(Exact name of registrant as specified in its charter)
MINNESOTA 0-22736 52-0278528
(State of Incorporation) (Commission File No.) (IRS Employer
Identification No.)
325 CEDAR AVENUE SOUTH, MINNEAPOLIS, MN 55454
(Address of principal executive offices)
(612) 371-2018
(Registrant's telephone number)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(A) PREVIOUS INDEPENDENT ACCOUNTANTS
(i) On June 6, 1996, the Board of Directors of Environmental
Technologies USA, Inc. (the "Registrant") decided to change
independent accountants to audit the Company's consolidated
balance sheet as of April 30, 1996 and the related consolidated
statements of income, shareholders equity and cash flows for the
fiscal year then ended, and formally notified and dismissed
Richard A. Eisner & Company, LLP.
(ii) Richard A. Eisner & Company, LLP had never issued reports on the
Registrant's consolidated financial statements for the years ended
April 30, 1994 and April 30, 1995.
(iii) The decision to change independent accountants was approved by the
Registrant's Board of Directors.
(iv) In connection with its audits for the two most recent fiscal years
and through June 6, 1996, there have been no disagreements with
Richard A. Eisner & Company, LLP 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 Richard A. Eisner & Company, LLP., would
have caused them to make reference thereto in their report on the
consolidated financial statements for such years and such periods.
(v) During the two most recent fiscal years, there have been no
reportable events (as defined in Regulation S-B Item 304(a)(v)).
(vi) The Registrant requested that Richard A. Eisner & Company, LLP
furnish it with a letter addressed to the Securities and Exchange
Commission (the "SEC") stating whether or not it agrees with the
above statements. The Registrant delivered a copy of this Current
Report on Form 8-K to Richard A. Eisner & Company, LLP on June 12,
1996. Attached hereto as Exhibit 16.1 is a copy of the letter of
Richard A. Eisner & Company, LLP to the SEC dated June 12, 1996.
(B) NEW INDEPENDENT ACCOUNTANTS
(i) On June 6, 1996, the Board of Directors of the Registrant approved
the engagement of Eide Helmeke PLLP as its new independent
accountants to audit the Company's consolidated balance sheet as
of April 30, 1996 and April 30, 1995 and the related consolidated
statements of income, shareholders equity and cash flows for the
years then ended. During the two most recent fiscal years, the
Registrant has not consulted with Eide Helmeke PLLP on items which
concerned the subject matter of a disagreement or reportable event
with the former auditor (as described in Regulation S-B Item
304(a)(2)).
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(C) EXHIBITS
16.1 Letter from Richard A. Eisner, LLP to the SEC dated June 12, 1996.
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 thereunto duly authorized.
ENVIRONMENTAL TECHNOLOGIES USA, INC.
(Registrant)
Dated: June 27, 1996 By /s/ Robin R. Young
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Robin R. Young
Chief Executive Officer
INDEX TO EXHIBITS
Exhibit Page
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16.1 Letter from Richard A. Eisner, LLP to SEC dated June 12, 1996 6
June 12, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Environmental Technologies USA, Inc.
File Ref. No. 0-22736
We were previously the principal accountant for Environmental Technologies USA,
Inc., engaged to report on the consolidated financial statements of
Environmental Technologies USA, Inc. and subsidiaries for the years ended April
30, 1994 and 1995. On June 6, 1996, prior to the issuance by us of our reports
on the aforementioned consolidated financial statements, our appointment as
principal accountant was terminated. We have read Environmental Technologies
USA, Inc.'s statements under item 4 of its Form 8-K dated June 6, 1996 and we
agree with those statements which pertain to us.
Very truly yours,
/s/ Richard A. Eisner & Company, LLP
