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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): March 27, 1997
MOLTEN METAL TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-21042 52-1659959
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
400-2 Totten Pond Road, Waltham, Massachusetts 02154
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (617) 487-9700
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Item 4. Changes in Registrant's Certifying Accountants
On March 27, 1997, M4 Environmental L.P. ("M4"), a joint venture
between Molten Metal Technology, Inc. (the "Company") and Lockheed Martin
Corporation, engaged Price Waterhouse LLP to audit M4's financial statements
for the fiscal year ended December 31, 1996. Price Waterhouse has acted as the
Company's independent accountants since the fiscal year ended December 31,
1992.
Price Waterhouse was engaged by M4 after Coopers & Lybrand L.L.P., the
previous accountants for M4, resigned as M4's accountants on March 6, 1997. In
its capacity as the Company's independent accountants, Price Waterhouse has not
expressed reliance on any audit report of Coopers & Lybrand relating to M4.
Coopers & Lybrand's audit reports for M4 for the period from inception (August
1994) through the date of resignation did not contain any adverse opinions or
qualifications, and there were no disagreements or reportable events (within
the meaning of Item 304 of Regulation S-K) between M4 and Coopers & Lybrand
during such period. Prior to the engagement of Price Waterhouse, M4 had not
consulted with Price Waterhouse regarding the application of accounting
principles to a specified transaction or the type of audit opinion that might
be rendered on M4's financial statements. The Company has consulted with Price
Waterhouse, in Price Waterhouse's capacity as the Company's independent
accountants, on various occasions with respect to transactions between the
Company and M4.
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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.
MOLTEN METAL TECHNOLOGY, INC.
April 3, 1997 By: /s/ Benjamin T. Downs
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Benjamin T. Downs
Executive Vice President of Finance and
Administration
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