SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended: August 31, 1999
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File Number 0-5940
TEMTEX INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation
or organization) |
75-1321869
(I.R.S. Employer
Indentification No.) |
|
5400 LBJ Freeway, Suite 1375, Dallas, Texas
(Address of principal executive offices) |
75240
(Zip Code) |
Company's telephone number, including area code: 972/726-7175
Securities Registered Pursuant to Section 12(b) of the Act:
None
Securities Registered Pursuant to Section 12(g) of the Act:
Common Stock, par value $0.20 per share
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section #13 or 15 (d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing requirements for the past 90 days.
YES X NO
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. X
As of November 12, 1999, the aggregate market value of the voting stock held by non-affiliates of Temtex Industries, Inc. was $3,508,968.
As of November 12, 1999 there were 3,444,641 shares of common stock, par value $0.20 per share, of Temtex Industries, Inc. outstanding.
<PAGE>
INTRODUCTORY NOTE
This Amendment on Form 10-K/A to the Company's Form 10-K for the year ended August 31, 1999, is being filed for the sole purpose of adding the Report of Independent Auditors, dated October 21, 1999, which was inadvertently omitted from
the original filing dated November 26, 1999.
<PAGE>
Report of Independent Auditors
Board of Directors
Temtex Industries, Inc.
We have audited the accompanying consolidated balance sheets of Temtex Industries, Inc. and subsidiaries as of August 31, 1999 and 1998, and the related consolidated statements of operations, stockholders' equity, and cash flows for each of the three
years in the period ended August 31, 1999. Our audits also included the financial statement schedule listed in the Index at Item 14(a). These financial statements and schedule are the responsibility of the Company's management. Our responsibility is to
expre
We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the
over
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Temtex Industries, Inc. and subsidiaries at August 31, 1999 and 1998, and the consolidated results
of its operations and its cash flows for each of three years in the period ended August 31, 1999, in conformity with generally accepted accounting principles. Also, in our opinion, the related financial statement schedule, when considered in relation to
the
taken as a whole, present fairly in all material respects the information set forth therein.
ERNST & YOUNG LLP
Dallas, Texas
October 21, 1999
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Company has duly caused this report on Form 10-K/A to be signed on its behalf by the undersigned, thereunto duly authorized.
TEMTEX INDUSTRIES, INC.
/S/ James E. Upfield
James E. Upfield
Chairman of the Board of Directors
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Company and in the capacities and on the dates indicated.
|
Signatures |
Titles |
Date |
|
/s/James E. Upfield
James E. Upfield |
Director, Chairman of the Board |
11/29/99 |
|
/s/E. R. Buford
E. R. Buford |
- Director, President and Chief
Executive Officer
|
11/29/99 |
|
/s/R. N. Stivers
R. N. Stivers |
- Vice President-Finance,
Chief Financial Officer and
Chief Accounting Officer
|
11/29/99 |
|
/s/Scott K. Upfield
Scott K. Upfield |
Director |
11/29/99 |
