-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BgGziGcbm1eiqpbFKM2ZoRK2Y51Q6yeR4bj8p6X8AnCh4Ba0QNL55SCdfz9FQflU +Dh+tXe9DZMRzx0+nHCj0g== 0001025894-98-000202.txt : 19980918 0001025894-98-000202.hdr.sgml : 19980918 ACCESSION NUMBER: 0001025894-98-000202 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19980917 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980917 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEWGOLD INC CENTRAL INDEX KEY: 0000878808 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING [7500] IRS NUMBER: 161400479 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20722 FILM NUMBER: 98710890 BUSINESS ADDRESS: STREET 1: 35265 WILLOW AVE STREET 2: P O BOX 95612 CITY: CLARKSBURG STATE: CA ZIP: 95612 BUSINESS PHONE: 9167441516 MAIL ADDRESS: STREET 1: 35265 WILLOW AVE STREET 2: P O BOX 260 CITY: CLARKSBURG STATE: CA ZIP: 95612 FORMER COMPANY: FORMER CONFORMED NAME: WAREHOUSE AUTO CENTERS INC /DE DATE OF NAME CHANGE: 19950510 8-K 1 CURRENT REPORT U.S. 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: September 17, 1998 Date of Earliest Event Reported: September 3, 1998 NEWGOLD, INC. ------------- (Exact Name of Small Business Issuer as Specified in Charter) Delaware 0-20722 16-1400479 - ------------- ------- ------------------- (State or Other (Commission File No.) (IRS Employer Jurisdiction of Identification No.) Incorporation) 35265 Willow Avenue Post Office Box 230 Clarksburg, California 95612 -------------------------------------- (Address of Principal Executive Offices) (916) 665-1840 -------------------------------------- (Issuer's Telephone Number) -------------------------------------- (Former Name, if changed since Last Report) 1 Item 1. Changes in Control of Registrant. N/A Item 2. Acquisition or Disposition of Assets. N/A Item 3. Bankruptcy or Receivership. N/A Item 4. Changes in Registrant's Certifying Accountants On September 10, 1998 the Registrant received a letter from KPMG Peat Marwick LLP stating that they had resigned as Newgold, Inc.'s principal accountants. The Former Accountant did not state any reason for resigning in its resignation letter to the Company. The accountant's report issued by KPMG Peat Marwick for the year ended January 31, 1997, regarding the consolidated financial results and condition of the Company were qualified as to the "Going Concern" status of the Company. The reports, otherwise contained no adverse or qualified opinions, nor were they modified as to audit scope or accounting principal. The Company is in the process of seeking new independent accountants. Item 5. Other Events N/A Item 6. Resignation of Registrant's Directors N/A Item 7. Financial Statements. Pro Forma Financial Information and Exhibits. Exhibit 1. Letter of Resignation from KPMG Peat Marwick LLP. Exhibit 2. Letter of Approval of Form 8K from KPMG Peat Marwick LLP. Item 8. Change in Fiscal Year N/A Item 9. Sale of Equity Securities under Regulation S. (Required until January 1, 1999) N/A SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized . NEWGOLD, INC. Date: September 17, 1998 By: /s/Arthur Scott Dockter ------------------------ Arthur Scott Dockter, President EX-16.1 2 Exhibit 1 for Item 7 KPMG Peat Marwick LLP Letterhead 400 Capitol Mall Telephone 916-448-4700 Telefax 916-554-1199 Sacramento, CA 95814 September 3, 1998 Mr. Bob Morris Chief Financial Officer Newgold, Inc. P.O. Box 260 Clarksburg, CA 95612 Dear Mr. Morris: This is to confirm that the client-auditor relationship between Newgold, Inc. and KPMG Peat Marwick LLP has ceased. Very truly yours, /s/ KPMG Peat Marwick LLP cc: Chief Accountant Securities and Exchange Commission EX-16.2 3 Exhibit 2 for Item 7 KPMG Peat Marwick LLP Letterhead 400 Capitol Mall Telephone 916-448-4700 Telefax 916-554-1199 Sacramento, CA 95814 September 16, 1998 Securities and Exchange Commission Washington, D.C. 20549 Ladies and Gentlemen: We were previously principal accountants for Newgold, Inc. and, under the date of June 18, 1997, we reported on the financial statements of Newgold, Inc. as of January 31, 1997 and for the thirteen month period then ended. On September 3, 1998, we resigned. We have read Newgold, Inc.'s statements included under Item 4 of its Form 8-K dated September 16, 1998, and we agree with such statements. Very truly yours, KPMG Peat Marwick LLP -----END PRIVACY-ENHANCED MESSAGE-----