SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): February 2, 2004
INNOVATIVE SOFTWARE TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
California 000-1084047 95-4691878
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification Number)
204 NW Platte Valley Drive, Riverside, Missouri 64150
(Address of principal executive offices)(zip code)
Telephone number of registrant, including area code: (816) 584-8030
5072 North 300 West, Provo, Utah 84604
(Former name or former address, if changed since last report.)
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Item 4. Changes in Registrant's Certifying Accountant.
(a) On February 2, 2004, the Board of Directors of Innovative Software
Technologies, Inc. (the "Company") approved the Company's dismissal of Robison,
Hill & Co. ("Robison") as independent auditors for the Company and its
subsidiaries, effective immediately.
Robison's reports on the Company's financial statements for the last two
years did not contain an adverse opinion or disclaimer of opinion, and were not
qualified or modified as to uncertainty, audit scope or accounting principles.
There have not been any disagreements with Robison 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
Robison, would have caused it to make reference to the subject matter of the
disagreement in connection with its report. None of the events described in Item
304(a)(1)(iv)(B) of Regulation S-B has occurred with respect to Robison.
The Company provided to Robison the disclosure contained in this Form 8-K
and requested Robison to furnish a letter addressed to the Commission stating
whether it agrees with the statements made by the Company herein and, if not,
stating the respects in which it does not agree. A letter from Robison is
attached as Exhibit 16.1 to this Form 8-K and incorporated herein by reference.
(b) On February 2, 2004, the Board of Directors of the Company approved
the Company's engagement of Aidman, Piser & Company ("Aidman") as independent
auditors for the Company and its subsidiaries, to replace Robison. The Company
engaged Aidman on February 2, 2004.
Neither the Company nor anyone on its behalf consulted Aidman regarding
(i) the application of accounting principles to a specific completed or
contemplated transaction, (ii) the type of audit opinion that might be rendered
on the Company's financial statements, or (iii) any matter that was the subject
of a disagreement or event identified in response to Item 304(a)(1)(iv) of
Regulation S-B (there being none).
Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following exhibits are filed with this report:
Exhibit No. Description of Exhibit
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16.1 Letter of Robison, Hill & Co. dated February 3,
2004
2
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
INNOVATIVE SOFTWARE TECHNOLOGIES, INC.
By:/s/ Douglas S. Hackett
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Douglas S. Hackett, President and
Chief Executive Officer
Date: February 3, 2004
EXHIBIT INDEX
Exhibit No. Description of Exhibit
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16.1 Letter of Robison, Hill & Co. dated February 3, 2004