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 12, 2003
SUPREME HOLDINGS, INC.
(Exact Name of Registrant as Specified in its Charter)
NEVADA
(State or Other Jurisdiction of Incorporation)
333-45210
88-0460457
(Commission File Number) (IRS Employer Identification Number)
340 N. Sam Houston Parkway E., Suite 100
Houston, Texas 77060
(Address of Principal Executive Offices and Zip Code)
(713) 621-4799
(Registrant's Telephone Number, Including Area Code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Clyde Bailey, P.C., served as our independent auditor for the fiscal year ended December 31, 2002. On August 6, 2003, the Board of Directors resolved to dismiss Clyde Bailey, P.C., as our independent auditor for the fiscal year ending December 31, 2003, and to retain Malone & Bailey, PLLC. On August 6, 2003, we formally engaged Malone & Bailey, PLLC and notified Clyde Bailey, P.C., of its dismissal and the subsequent engagement of Malone & Bailey, PLLC.
The reports of Clyde Bailey, P.C., on our consolidated balance sheets as of December 31, 2001 and 2002, and the related consolidated statements of operations, shareholders’ equity and cash flows for each of the three years in the period ended December 31, 2002, included in our annual report on Form 10-KSB filed April 15, 2003, contained no adverse opinion or disclaimer of opinion and were not qualified as to uncertainty, audit scope or accounting principles. During such fiscal years and the interim periods preceding the date of dismissal, there have been no disagreements with Clyde Bailey, P.C., on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Clyde Bailey, P.C., would have caused them to make reference thereto in their report on our consolidated fi nancial statements for such periods.
We have previously provided Clyde Bailey, P.C., a copy of the disclosures contained in this report and have requested that Clyde Bailey, P.C., furnish us with a letter, addressed to the SEC, stating whether it agrees with the statements made in this report and, if not, stating the respects in which it does not agree. Clyde Bailey, P.C., has provided us with a letter, dated August 13, 2003, stating that it agrees with the above statements. A copy of this letter is filed as Exhibit 16.1 to this Form 8-K.
We did not consult with Malone & Bailey, PLLC, on any accounting, auditing or financial reporting issue during the two fiscal years preceding the date of this report or any interim period. We have previously provided Malone & Bailey, PLLC, with a copy of the disclosure contained in this report, have requested that it review the disclosure, and have requested that it provide us with a letter addressed to the SEC to the extent that it disagrees with any of the statements contained herein or has any new or clarifying information to disclose. Malone & Bailey, PLLC, has indicated to us that it does not disagree and has no new or clarifying information to report.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits.
16.1 Letter from Clyde Bailey, P.C., to the Securities and Exchange Commission regarding the change in independent auditor.
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.
SUPREME HOLDINGS, INC.
(Registrant)
Date: August 13, 2003
By: /s/ Jim C. Pyle
Jim C. Pyle, Chief Financial Officer
