UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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 reported) December 13, 2002
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Income Growth Partners, Ltd. X
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(Exact name of registrant as specified in its chapter)
California 0-18528 33-0294177
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(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
11300 Sorrento Valley Road, Suite 108, San Diego, CA 92121
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (858) 457-2750
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N/A
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(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
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(a) (1) (i) The Registrant was advised by the accounting firm of Nation Smith
Hermes Diamond on December 12, 2002 that it had resigned as of that date as the
principal accountant to audit the Registrant's financial statements.
(ii) There have been no adverse opinions, disclaimers of
opinion or qualifications or modifications as to uncertainty, audit scope or
accounting principles regarding the reports of Nation Smith Hermes Diamond on
the Registrant's financial statements within the two most recent fiscal years or
any subsequent interim period.
(iv) There were no disagreement(s) with Nation Smith Hermes
Diamond on any matter of accounting principles or practice, financial statement
disclosure or auditing scope or procedure within the two most recent fiscal
years and any subsequent interim period preceding its resignation, which
disagreement(s), if not resolved to the satisfaction of Nation Smith Hermes
Diamond, would have caused it to make reference to the subject matter of the
disagreement in connection with its report.
(v) No "reportable events" (as defined in Item 304 (a) (1) (v)
of Regulation S-K) occurred during the Registrant's two most recent fiscal years
and any subsequent interim period preceding Nation Smith Hermes Diamond
resignation.
ITEM 7. EXHIBITS
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Exhibit 16.1
Letter dated December 13, 2002, from Nation Smith Hermes Diamond to the
Registrant concerning the disclosures made in this Report on Form 8-K.
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.
Income Growth Partners, Ltd. X
a California limited partnership
(Registrant)
By: Its General Partner
Income Growth Management, Inc.
a California corporation
Date December 16, 2002 By: /s/ David W. Maurer
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David W. Maurer, President
(Signature)*
*Print name and title of the signing officer under his signature.
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