INCO HOMES CORP
8-K/A, 1996-10-02
OPERATIVE BUILDERS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

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

                                AMENDMENT NO. 2

                                       TO

                                    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)     October 1, 1996
                                                 ------------------------------


                             INCO HOMES CORPORATION
- --------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)


         Delaware                  0-21378                         33-0534734
- --------------------------------------------------------------------------------
(State or Other Jurisdiction     (Commission                      (IRS Employer
of Incorporation)                File Number)               Identification No.)



1282 West Arrow Highway, Upland, California                               91786
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                             (Zip Code)


Registrant's telephone number, including area code       (909) 981-8989
                                                   -----------------------------


                                   no change
- --------------------------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report.)




                                       1.

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ITEM 7. FINANCIAL STATEMENT AND EXHIBITS

        (c)  Exhibit Index


        EXHIBIT NO.     DESCRIPTION
        -----------     -----------
                        
            16          Letter from Ernst & Young LLP dated September 30, 1996
                        regarding registrant's Form 8-K dated September 17, 1996
                        that reported dismissal of Ernst & Young LLP as
                        Registrant's principal independent accountant.


                                       2.
<PAGE>   3
                                   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.

                                       INCO HOMES CORPORATION


Date: October 2, 1996                  By: /s/ Ira C. Norris
                                           ------------------------------------
                                           Ira C. Norris
                                           President and Chief Executive Officer


Date: October 2, 1996                  By: /s/ Robert H. Daskal
                                           ------------------------------------
                                           Robert H. Daskal
                                           Executive Vice President and
                                           Chief Financial Officer


                                       3.

<PAGE>   1
                                                                      EXHIBIT 16

Letterhead
Ernst & Young LLP          2049 Century Park East          Los Angeles, CA 90067



September 30, 1996


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549


Gentlemen:

We have read Item 4 of Form 8-K dated September 17, 1996, of Inco Homes
Corporation and are in agreement with the statements contained in Item 304(a),
(i) as they relate to E&Y, (ii), (iv), (v) and the first sentence of (vi). We
have no basis to agree or disagree with other statements of the registrant
contained therein.

                                        Sincerely,

                                        /s/ Ernst & Young LLP
                                        --------------------------------
                                            ERNST & YOUNG LLP




                                       4.


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