SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K/A
(AMENDMENT NO. 1)
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): February 18, 1997
THERMAL INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)
PENNSYLVANIA
(State or Other Jurisdiction of Incorporation)
0-9790 25-1145753
(Commission File Number) (I.R.S. Employer Identification Number)
301 Brushton Avenue, Pittsburgh, Pennsylvania 15221
(Address of Principal Executive Offices) (Zip Code)
(412) 244-6400
(Registrant's Telephone Number, Including Area Code)
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On February 18, 1997, the Registrant was informed by its independent
auditor, Sydney Heisler, CPA, of his resignation, effective as of
that date.
Mr. Heisler's resignation is the result of his pending retirement and
reduction of his workload in public accounting practice.
The reports of Sydney Heisler on the financial statements of the
Registrant for each of the two fiscal years in the period ended June
30, 1996 did not contain any adverse opinion or disclaimer of opinion
and were not qualified or modified as to uncertainty, audit scope or
accounting principles.
During the Registrant's two most recent fiscal years and subsequent
interim period, there have been no disagreements with Syndey Heisler,
CPA on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure which, if not
resolved to the satisfaction of Sydney Heisler, CPA would have caused
Sydney Heisler, CPA to make a reference to the subject matter of the
disagreement in connection with this report.
During the Registrant's two most recent fiscal years and subsequent
interim period, there did not occur any kind of event listed in
paragraphs (a) (1) (v) (A) through (D) of Regulation S-K, Item 304.
The Registrant has requested that Sydney Heisler, CPA furnish it with
a letter addressed to the Securities and Exchange Commission stating
whether it agrees with the above statements. A copy of Mr. Heisler's
letter to the Securities and Exchange Commission, dated March 4,
1997, is filed as Exhibit 16 to the Form 8-K/A.
<PAGE>
ITEM 7. EXHIBITS
EXHIBIT 16. Letter re: Change in Principal Accountant
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.
THERMAL INDUSTRIES, INC.
(Registrant)
BY:
DATE: March 5, 1997 __/s/ Eric Rascoe___________
Eric Rascoe
Secretary-Treasurer
<PAGE>
EXHIBIT 16.
Chief Accountant of the SEC
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street NW
Washington, DC 20549
RE: Thermal Industries, Inc.
Commission File Number 0-9790
Gentlemen:
I was previously principal accountant for Thermal Industries, Inc. and on
August 30, 1996, I reported on the consolidated financial statements of Thermal
Industries, Inc. and Subsidiaries as of and for the two fiscal years ended
June 30, 1996.
On February 18, 1997 I submitted by resignation as principal
accountant as the result of my pending retirement and reduction of my
workload in public accounting practice.
I have read Thermal Industries, Inc. statements included under Item 4
of its Form 8-K/A for February 18, 1997, and I agree with such statements.
Sincerely yours,
/s/ Syndey Heisler
Sydney Heisler
Certified Public Accountant
Pittsburgh, Pennsylvania
March 4, 1997
