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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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: July 8, 2005
Date of earliest event reported: July 8, 2005
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INTREPID TECHNOLOGY & RESOURCES, INC.
(Exact name of registrant as specified in its charter)
IDAHO 00-27845 84-1304106
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
501 WEST BROADWAY, SUITE 200, IDAHO FALLS, IDAHO 83402
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (208) 529-5337
(Former name or address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 6, 2005, Intrepid Technology & Resources Inc., Board of Directors, upon
recommendation of the Audit Committee, engaged Jones Simkins, P.C. Certified
Public Accountants., as independent auditor, replacing Eide Bailly LLP formerly
Balukoff Lindstrom & Co., PA.
Eide Bailly LLP's reported on Intrepid Technology & Resources Inc., financial
statements for the years ended June 30, 2004, 2003, and 2002. The report of
Eide Bailly LLP for the year ended June 30, 2004 was an unqualified report. The
prior report of Eide Bailly LLP for the years ended June 30, 2003 and 2002 did
not contain an adverse opinion or disclaimer of opinion, nor were they qualified
or modified as to uncertainty, audit scope, or accounting principles.
During Intrepid Technology & Resources Inc.'s three most recent fiscal years and
through the date of Eide Bailly LLP's dismissal, there were no disagreements
with Eide Bailly LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure which, if not
resolved to Eide Bailly LLP's satisfaction, would have caused Eide Bailly to
make reference to the subject matter in connection with its report of the
financial statements for such years; and there were no reportable events as
defined in Item 304(a)(1) or Item 304(a)(3) of Regulation S-B.
Intrepid Technology & Resources, Inc., has provided Eide Bailly LLP with a copy
of the above disclosures. Attached, as Exhibit 99 is a copy of Eide Bailly LLP's
letter, dated July 8, 2005, stating its agreement with such statements.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: July 8, 2005
Intrepid Technology & Resources Inc.
By: /s/ Dennis D. Keiser
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Dennis D. Keiser
Chief Executive Officer and
Chairman of the Board
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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Ex. 99.doc Letter of Eide Bailly LLP to the Securities & Exchange Commission
dated July 8, 2005