AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 13, 1997
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):
MAY 9, 1997
MAUI USA INC.
(Exact Name of Registrant as Specified in Charter)
NEVADA 33-55254-34 87-0485322
(State or Other (Commission File (I.R.S. Employer
Jurisdiction of Number) Identification
Incorporation) Number)
505 FRONT STREET, SUITE 233, LAHAINA, MAUI, HAWAII 96761
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including
area code: (808) 667-0647
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Previous independent accountants
(i) On May 9, 1997, due to the closing of their Honolulu office, Price
Waterhouse LLP declined to stand for re-election as the independent
accountants for Maui USA Inc.
(ii) The reports of Price Waterhouse LLP on the financial statements for the
past two fiscal years contained no adverse opinions or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit
scope or accounting principle.
(iii) Not Applicable.
(iv) In connection with its audits for the two most recent fiscal years and
through May 9, 1997, there have been no disagreements with Price
Waterhouse 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 Price Waterhouse
LLP would have caused them to make reference thereto in their report on
the financial statements for such years.
(v) The Registrant has requested that Price Waterhouse LLP furnish it with a
letter addressed to the SEC stating whether or not it agrees with the
above statements. A copy of such letter, dated May 9, 1997, is filed as
Exhibit 16.1 to this Form 8-K.
(b) New independent accountants
(i) The Registrant engaged Coopers & Lybrand LLP as its new independent
accountants as of May 9, 1997.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable.
(c) The following exhibits are filed with this report:
Exhibit Number Description
16.1 Letter from Price Waterhouse LLP dated May 9,
1997.
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Dated: May 13, 1997 MAUI USA INC.
By:/s/ Myron O. Kirkeby
Myron O. Kirkeby
President, Chief Executive
Officer and Treasurer
<PAGE>
EXHIBIT INDEX
Exhibit Number Description
16.1 Letter from Price Waterhouse LLP dated May 9,
1997
<PAGE>
EXHIBIT 16.1
May 9, 1997 VIA CERTIFIED MAIL
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
Subject: MAUI USA INC.
COMMISSION FILE NUMBER 33-55254-34
We have read Item 4 of Maui USA Inc.'s Form 8-K dated May 9, 1997 and are in
agreement with the statements contained in paragraph 4(a) therein.
Yours very truly,
Price Waterhouse LLP
by Deborah L. Rogers
Partner
kak/vkk