October 14, 2004 Mr. Matthew L. Harriton Nesco Industries, Inc. 305 Madison Avenue New York, NY 10165 RE: 	Form 8-K Item 4 filed October 6, 2004 	File # 000-28307 Dear Mr. Harriton: We have reviewed your filing and have the following comments. Where indicated, we think you should revise your documents in response to these comments. If you disagree, we will consider your explanation as to why our comment is inapplicable or a revision is unnecessary. Please be as detailed as necessary in your explanation. In some of our comments, we may ask you to provide us with supplemental information so we may better understand your disclosure. After reviewing this information, we may or may not raise additional comments. 	Please understand that the purpose of our review process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comments or on any other aspect of our review. Feel free to call us at the telephone number listed at the end of this letter. 1. Refer to the second paragraph of your Item 4.01 Form 8-K and to Item 304(a)(1)(ii) of Regulation S-B. We assume from your current disclosure that your former accountant`s report on your financial statements contained an explanatory paragraph expressing substantial doubt about the company`s ability to continue as a going concern. If this is true, revise your disclosure to clarify this to your readers. You should also revise your disclosure to indicate, if true, that the accountant`s report did not contain an adverse opinion or disclaimer of opinion, and was not modified as to audit scope or accounting principles. We believe that this information is important to your investors. 2. Refer to the third paragraph of your Item 4.01 Form 8-K and to Item 304(a)(1)(iv) of Regulation S-B. Revise your disclosure to extend the interim period subsequent to your latest year end through the effective date of dismissal of your former accountant. We note that the date of dismissal appears to be October 6, 2004. 3. Refer to the fourth paragraph of your Item 4.01 Form 8-K and to Item 304(a)(2) of Regulation S-B. It is not clear to us why you have stated that you did not consult with your former accountants during your last two fiscal years and the subsequent interim period, as we would assume that such consultations would be a normal part of the audit process. We assume that you meant to provide this disclosure for your new accountants. Advise or revise. 4. Refer to the fourth paragraph of your Item 4.01 Form 8-K and to Item 304(a)(2) of Regulation S-B. Revise your disclosure to extend the interim period subsequent to your latest year end through the effective date of engagement of your new accountant. We note that the date of engagement appears to be October 6, 2004. You should also revise your disclosure to refer to Regulation S-B instead of Regulation S-K, since you are a small business filer. 5. We read that you have requested a letter from your former accountants indicating their agreement with your disclosures. Supplementally tell us the status of obtaining this letter. If there is a specific reason that your former accountants have not yet provided this letter, such as a billing dispute or other unresolved matters between you and your former accountants, revise your disclosure to explain to your investors the nature of the delay in obtaining this letter. Otherwise, confirm to us that you expect to receive this letter shortly and will file an amendment to your Item 4.01 Form 8-K to provide this letter as Exhibit 16 upon its receipt. Please note that your former accountants will need to state their agreement with the disclosures in your revised Form 8-K, taking into account the changes requested in the comments above. 6. To the extent that you make changes to the Form 8-K to comply with our comments, please file an amendment under cover of Form 8-KA and include the ITEM 4 designation. ***** We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filings reviewed by the staff to be certain that they have provided all information investors require. Since the company and its management are in possession of all facts relating to a company`s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. In connection with responding to our comments, please provide, in writing, a statement from the company acknowledging that * the company is responsible for the adequacy and accuracy of the disclosure in the filings; * staff comments or changes to disclosure in response to staff comments in the filings reviewed by the staff do not foreclose the Commission from taking any action with respect to the filing; and * the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. In addition, please be advised that the Division of Enforcement has access to all information you provide to the staff of the Division of Corporation Finance in our review of your filing or in response to our comments on your filing. 1. 2. Please file your supplemental response via EDGAR in response to these comments within 5 business days of the date of this letter. Please note that if you require longer than 5 business days to respond, you should contact the staff immediately to request additional time. You may wish to provide us with marked copies of each amended filing to expedite our review. Direct any questions regarding the above to the undersigned at (202) 824-5259. Sincerely, Jennifer Thompson Staff Accountant Mr. Harriton October 14, 2004 Page 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549-0404 DIVISION OF CORPORATION FINANCE