TECH ELECTRO INDUSTRIES INC/TX
8-K, 1997-06-27
ELECTRONIC PARTS & EQUIPMENT, NEC
Previous: TECH ELECTRO INDUSTRIES INC/TX, DEF 14A, 1997-06-27
Next: DAISYTEK INTERNATIONAL CORPORATION /DE/, 10-K, 1997-06-27



                    

                       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):  June 24, 1997

                                 ---------------

                          TECH ELECTRO INDUSTRIES, INC.
             (Exact name of Registrant as specified in its charter)

                                 ---------------



                 Texas              0-27210                      75-2408297

           (State or other
             Jurisdiction          Commission                  (IRS Employer
           of Incorporation)       File Number               Identification No.)


                              4300 Wiley Post Road
                               Dallas, Texas 75244
               (Address of Principal Executive Office) (Zip Code)
        Registrant's telephone number, including area code (972) 239-7151



                                                       

<PAGE>



Item 4.  Changes in Registrant's Certifying Accountant
         ---------------------------------------------

                  On June 24, 1997, the Company retained Deloitte & Touche,  LLP
as its independent public accountants,  replacing King, Griffin & Adamson, P.C.,
formerly  King,  Burns  &  Company,   P.C.  The  change  in  independent  public
accountants  was approved by the Board of Directors.  For the  Company's  fiscal
years ended December 31, 1996 and 1995, the financial statements did not contain
an adverse  opinion or a  disclaimer  of  opinion,  nor were they  qualified  or
modified as to  uncertainty,  audit scope,  or  accounting  principles  by King,
Griffin & Adamson,  P.C., or its predecessor King, Burns & Company,  P.C. During
the two fiscal years ended  December 31, 1996 and 1995,  and through the date of
the replacement,  there were not any disagreements with King, Griffin & Adamson,
P.C., or its predecessor King, Burns & Company, P.C. on any matter of accounting
principles  or practice,  financial  statement  disclosure,  auditing  scopes or
procedure  which  disagreements  if not  resolved to the  satisfaction  of King,
Griffin & Adamson,  P.C., or its predecessor  King, Burns & Company,  P.C. would
have caused them to make a reference to the subject matter of the  disagreements
in connection with their last report, nor were there any "reportable  events" as
defined by the Securities and Exchange  Commission.  During the two fiscal years
ended  December 31, 1996 and 1995,  and until the date of their  retention,  the
Company had not consulted  with  Deloitte & Touche,  LLP on the  application  of
accounting principles to a specified  transaction,  or the type of audit opinion
that  might  be  rendered  on  the   Company's   financial   statements  or  any
disagreements or reportable events.

Item 7. Financial Statements and Exhibits
        ---------------------------------
                  Exhibits

               16 Letter from King, Griffin & Adamson, P.C. dated June 24, 1997

                                   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.


                                                   TECH ELECTRO INDUSTRIES, INC.
                                                   (Registrant)

                                                   /s/ WILLIAM KIM WAH TAN

                                                     By:  WILLIAM KIM WAH TAN,
                                                        Chief Executive Officer

                                                     Date: June 24, 1997

 
                                       -2-

<PAGE>


                  [LETTERHEAD OF KING, GRIFFIN & ADAMSON, P.C.]


June 24, 1997


Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C.  20549

Dear Sirs/Madams:

We have read and agree with the  comments in Item 4 of Form 8-K of Tech  Electro
Industries, Inc. dated June 24, 1997.

Yours truly,

/s/ King, Griffin & Adamson, P.C.


 
                                      -3-
<PAGE>


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