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 4, 1998
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Date of Report
(Date of earliest event reported)
Consolidated Eco-System, Inc.
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(Exact name of Registrant as specified in its charter)
Idaho
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(State or other jurisdiction of incorporation)
0-25970 82-0464589
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(Commission file number) (IRS employer identification no.)
3201 West 65th Street
Little Rock, AR 72209
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(Address of principal executive offices) (Zip code)
(501) 570-0356
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(Registrant's telephone number, including area code)
Item 4. Changes in Registrant's Certifying Accountant.
On September 4, 1998, Consolidated Eco-Systems, Inc. retained Brown,
Rogers & Company, P.A. as its independent auditor on a limited basis. The
engagement requires Brown, Rogers & Company to express an opinion about whether
the financial statements of Consolidated Eco-Systems are fairly presented, in
all material respects, in conformity with generally accepted accounting
principles.
The engagement agreement is limited and prohibits the use of the audited
financial statements with any filing made to the United States Securities and
Exchange Commission. Consolidated Eco-Systems, Inc. retained Brown, Rogers &
Company to conduct an audit due to difficulties in retaining an independent
auditor that was capable of conducting an audit which could then be used for
filing with the United States Securities and Exchange Commission. The Company
believes that an audit by Brown, Rogers & Company will provide a means of
retaining such an auditing firm.
The engagement letter provides that the agreement will not be accepted by
Brown, Rogers & Company unless the number of shareholders of Consolidated
Eco-Systems, Inc. is below the threshold number which would require filing with
the United States Securities & Exchange Commission. Brown, Rogers & Company has
been advised that the Company is required to make filings with the United States
Securities & Exchange Commission. Following this disclosure, Brown, Rogers &
Company began working on the engagement.
The Company again notes that the audit of Brown, Rogers & Company cannot
be used for purposes of making financial disclosures with the United States
Securities and Exchange Commission and is limited as indicated in the engagement
letter. The Company notes that Brown, Rogers & Company is not technically its
certifying accounting for the reasons identified above.
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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.
CONSOLIDATED ECO-SYSTEMS, INC.
/s/ Sam Sexton III
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Sam Sexton III
Executive Vice-President
Date: September 14, 1998
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