United States
Securities & Exchange Commission
Washington DC 20549
Form 8-K
CURRENT REPORT
Pursuant to section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report: August 31, 1998
MILLENIUM ISTEC, INC.
____________________________________________
(Exact name of registrant as specified in its charter)
NEVADA 33-55254-35 87-0500742
________________________________________________________________________
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
RR#2, Site 25, Comp 6, Nelson, BC Canada V1L 5P5
________________________________________________________________________
(Address of principal executive officers) (Zip Code)
(250) 352-6880
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Registrant's telephone number, including area code
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ITEM 4 - Changes in Registrant's Certifying Accountant
1. Effective August 25, 1998, Millenium Istec, Inc. (the "Company"), has
dismissed its independent accountant, Smith & Company ("Smith").
Smith's reports on the consolidated financial statements for the years
ended December 31, 1996 and 1997 did not contain an adverse opinion
or disclaimer, and were not qualified or modified as to uncertainty, audit
scope, or accounting principles. The decision to dismiss Smith was made
by the Board of Directors of the Company.
2. The Company is not aware of any disagreements with Smith during the two
years ended December 31, 1996 and 1997 or in any subsequent interim period,
on any matters of accounting principles or practices, financial statement
disclosures, or auditing scope or procedure, which disagreement, if not
resolved to the satisfaction of Smith, would have caused it to make
reference to the subject matter of the disagreement in connection with its
report.
3. On August 26, 1998, the Board of Directors engaged the accounting firm
of Williams & Webster, P.S. as independent accountants for the Registrant
to perform an audit for 1998.
4. The Registrant has provided to Smith a copy of the disclosures that it
is making under this Item 4 and has requested that Smith furnish it with a
letter addressed to the Commission stating whether it agrees with the above
statements. A copy of such letter is filed as an exhibit to the Form 8-K.
The Company has requested Williams & Webster, P.S. to review the
disclosures relating to it set forth in this Item 4 and has provided
Williams & Webster, P.S. the opportunity to furnish the Company with a
letter addressed to the Securities and Exchange Commission containing
any new information, clarification of such disclosure or the respects in
which it does not agree with the statements made by the Company herein with
the respect to Williams & Webster, P.S.
ITEM 5 - Other Events
1. Effective July 22, 1998, the Board of Directors amended its articles of
incorporation to change the name of the corporation to Millenium Istec, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Millenium Istec, Inc.
Dated: August 31, 1998 s\ Arnie Gustafson
________________________________
Arnie Gustafson, President
ITEM 5 - Exhibits
The company has in its files a letter from Smith & Company stating:
We have read Item 4 of the 8-K dated August 31, 1998 for Millenium Istec,
Inc. and agree with the statements contained therein.
