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): August 1, 2000
FIRST SCIENTIFIC, INC.
(Exact name of registrant as specified in this Charter)
Delaware 0-24378 33-0611745
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1877 West 2800 South, Suite 200, Ogden, Utah 84401
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(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (801) 393-5781
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ITEM 4. Change in Registrant's Certifying Accountant.
On August 1, 2000, First Scientific, Inc. (the "Company")
engaged the accounting firm of Arthur Andersen, LLP ("Andersen ")
as our independent public accountants to review our interim
financial statements beginning with our fiscal quarter ended June
30, 2000 and to audit our financial statements beginning with our
fiscal year ending December 31, 2000. The appointment of new
independent public accountants was approved by the Company's Audit
Committee and Board of Directors. We amicably concluded our
relationship with our former independent public accountants,
Hansen, Barnett & Maxwell, a professional corporation ("HB&M"),
effective with the appointment of Andersen.
Prior to the appointment of Andersen, the Registrant did not
consult with Andersen on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or
procedure.
During the two most recent fiscal years ended December 31,
1999 and 1998, and the interim period subsequent to December 31,
1999, there were no disagreements with HB&M on any matter of
accounting principles or practices, financial statement disclosure,
or auditing scope or procedure that would have caused HB&M to make
references in their report to such disagreements.
HB&M's reports on the financial statements for the past two
years have contained no adverse opinion or disclaimer of opinion
and were not modified as to audit scope or accounting principles,
except that HB&M's report dated March 2, 2000 contained an
explanatory paragraph regarding our ability to continue as a going
concern.
We have provided HB&M with a copy of this disclosure and
requested that they furnish a letter addressed to the Securities
and Exchange Commission (the "Commission") stating whether they
agree with the above statements. (A copy of the letter addressed to
the Commission is filed as Exhibit 1.0 to this report on Form 8-K.)
ITEM 7. Financial Statements and Exhibits
Exhibit 1.0. Letter from Hansen Barnett & Maxwell
dated August 7, 2000 regarding 8-K disclosure.
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.
FIRST SCIENTIFIC, INC.
(Registrant)
Date: August 7, 2000 By: /s/ Randall L. Hales
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Randall L. Hales, President and
Chief Executive Officer
Date: August 7, 2000 By: /s/ John L. Theler
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John L. Theler, CFO
Principal Financial
Officer
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