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) November 1, 1996
A.G. HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Washington
(State or other jurisdiction of incorporation)
0-23180 91-1253514
(Commission File Number) (IRS Employer Identification No.)
45110 Club Drive, Suite B, Indian Wells, California 92210
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 619-360-1042
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Item 4. Changes in Registrant's Certifying Accountant.
1. (i) The Registrant's former independent accountant,
Terrence J. Dunne,
certified public accountat ("Dunne") resigned from that capacity on or about
November 1, 1996.
(ii) The report by Dunne on the financial statements of the
Registrant dated November 8, 1994, including a statement of financial position
as of April 30, 1994 and the statements of operations, cash flows and statement
of changes in stockholders' equity for the year ended April 30, 1994, did not
contain an adverse opinion or a disclaimer of opinion, or was qualified or
modified as to uncertainty, audit scope or accounting principles, except for a
statement as to the going concern nature of the Registrant.
(iii) During the period covered by the financial statements
through the date of resignation of the former accountant, there were no
disagreements with the former accountant on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure.
A letter from the former independent accountant for the
Registrant is attached as an Exhibit to this Form 8-K.
2. On November 1, 1996 the Registrant engaged Pritchett, Siler &
Hardy P.C. as its
new independent accountant.
Item 7. Exhibits.
16.1 Letter from Terrence J. Dunne, CPA, former principal
accountant for the
Registrant.
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 thereunto duly authorized.
Dated: April 2, 1997 A.G. HOLDINGS, INC.
By: /s/ Dempsey K. Mork
Dempsey K. Mork
President
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April 2, 1997
A.G. Holdings, Inc.
45110 Club Drive, Suite B
Indian Wells, California 92210
To whom it may concern,
I agree with the statement included in item 4 of your Form 8-K SEC filing. You
may use this letter for your Form 8-K amended filing.
Sincerely,
Terrence J. Dunne, C.P.A.
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