NATIONAL MEDICAL FINANCIAL SERVICES CORP
8-K, 1997-08-01
CONSUMER CREDIT REPORTING, COLLECTION AGENCIES
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                  UNITED STATES 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)  July 31, 1997



                  NATIONAL MEDICAL FINANCIAL SERVICES CORPORATION

         (Exact name of small business issuer as specified in its charter)


         Nevada                    0-25344              25-1741216

  (State or other juris-       (Commission file       (I.R.S. Employer
  diction of organization)         number)            Identification No.)


       1315 Greg Street, Suite 103, Sparks, Nevada         89431

         (Address of principal executive offices)        (Zip Code)


   Registrant's telephone number, including area code  (702) 356-2315

                               Not Applicable

         (Former name or former address, if changed since last report)


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Item 4.  Changes in Registrant's Certifying Accountant.

     Effective July 28, 1997, Coopers & Lybrand, LP ("Coopers") notified 
National Medical Financial Services Corporation (the "Corporation") that they 
have resigned from their auditor-client relationship with the Corporation. 
Cooper's report on the Corporation's financial statements during the two most 
recent fiscal years and all subsequent interim periods preceding the date 
hereof contained no adverse opinion or a disclaimer of opinions, and was not 
qualified as to uncertainty, audit scope or accounting principles. The 
decision to resign from the relationship was accepted and approved by the 
Corporation's Audit Committee.

     During the last two years and the subsequent interim periods to the date 
hereof, there were no disagreements between the Corporation and Coopers on 
any matters of accounting principles or practices, financial statement 
disclosure, or auditing scope or procedure, which disagreements, if not 
resolved to the satisfaction of Coopers, would have caused it to make a 
reference to the subject matter of the disagreements in connection with its 
reports.

     None of the "reportable events" described in Item 304(a)(1)(ii) occurred 
with respect to the Corporation within the last two fiscal years and the 
subsequent interim periods to the date hereof.

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     Pursuant to the requirements of the Securities Exchange Act of 1934, as 
amended, the Registrant has duly caused this report to be signed on its 
behalf by the undersigned, thereunto duly authorized.


                               NATIONAL MEDICAL FINANCIAL SERVICES CORPORATION
                               -----------------------------------------------
                                                (Registrant)


Date:  July 31, 1997           By:  /s/ Robert W. Horner, Jr.
                                  --------------------------------------
                                  Robert W. Horner, Jr., Vice President,
                                    Chief Financial Officer, Secretary
                                    and Treasurer



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