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
September 22, 1997
Date of Report (Date of earliest event reported):
MASON OIL COMPANY, INC.
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(Exact name of registrant as specified in its charter)
Utah 0-28184 87-109974
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
6337 Ravenwood Drive
Sarasota, Florida 34243
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(Address of principal
executive offices) (Zip Code)
Registrant's telephone number, including area code: (941) 351-3102
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Not Applicable
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(Former name or former address, if changed since last report.)
Item 4. Changes in Registrant's Certifying Accountant.
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Effective September 22, 1997, Mantyla, McReynolds & Associates
("Mantyla") was dismissed as independent auditors of Mason Oil Companies, Inc.
(the "Company"). Effective as of September 22, 1997, the accounting firm of
Ehrhardt Keefe Steiner & Hottman PC was engaged by the Company to serve as the
principal accountants to audit the Company's financial statements.
The reports of Mantyla on the Company's financial statements for either
of the past two fiscal years did not contain an adverse opinion nor a
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles.
In connection with the audits of the Company's financial statements for
each of the two fiscal years ended December 31, 1994 and December 31, 1995,
and in the subsequent interim period preceding Mantyla's dismissal, there were
no disagreements on any matters of accounting principles or practices,
financial statement disclosure or auditing scope or procedure which if not
resolved to the satisfaction of Mantyla which would have caused Mantyla to
make references to such matter in their report.
The Company has requested that Mantyla furnish it a letter addressed to
the Commission stating whether it agrees with the statements set forth above
in this Item 4. A copy of such letter, dated September 22, 1997 is filed
herewith as Exhibit 16 to this Form 8-K.
Item 8. Change in Fiscal Year
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As previously reported in the current report on Form 8-K dated as of
October 14, 1996, as filed by the Company with the Securities and Exchange
Commission (the "Commission"), the Company has adopted a fiscal year
consistent with the fiscal year of Ian Holdings, Inc., a recently acquired
subsidiary. As a result of this change, the Company's fiscal year now ends on
June 30 of each year. This is different from the fiscal year reflected in
prior filings with the Commission. An annual report on Form 10-KSB will be
filed by the Company for the fiscal year ending June 30, 1997.
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.
MASON OIL COMPANY, INC.
By: /s/ Paul B. Ingram
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Paul B. Ingram
President
Dated: September 29, 1997
EXHIBIT INDEX
Name of Exhibit
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16 Letter from Mantyla, McReynolds & Associates regarding the change in
certifying accountant.
Exhibit 16
September 22, 1997
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Mason Oil Company, Inc. (the
"Company") and under the date of March 27, we reported on the consolidated
financial statements of the Company as of and for the years ended December 31,
1995 and 1994. On September 22, 1997, our appointment as principal
accountants was terminated. We have read the Company's statements included
under Item 4 of its Form 8-K dated September 22, 1997, and we agree with such
statements, except that we are not in a position to agree or disagree with
the Company's statement that Ehrhardt Keefe Steiner & Hottman PC was engaged
on September 22, 1997 as the Company's independent accountants.
Very truly yours,
/s/ Mantyla, Mcreynolds & Associates