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To: Arcane Lore who wrote (21786)4/1/1999 7:37:00 AM
From: tonto  Respond to of 26163
 
Arcane, I believe many of us are familiar with a more adequate and proper filing, such as the following:

Date of Report (Date of earliest event reported): October 1, 1996

Olympus Ventures, Inc.
(Exact name of registrant as specified in its charter

Washington 33-42070 91-1552419
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Number)

3418 North Ocean Boulevard, Ft Lauderdale, FL 33308
(Address of principal executive offices) (Zip Code)

Registrant's Telephone No., including area code: (954) 565-9292

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<PAGE>

ITEM 4. Changes in Registrant's Certifying Accountant

Note how the auditor is identified

Effective October 1, 1996, the Company's Board of Directors appointed Lazar, Levine & Company, LLP ("Lazar") as independent auditors to audit the financial statements of the Company for the fiscal year ended June 30, 1996. Lazar was engaged as auditors following the withdrawal of Mr. Audley
Gordon ("Gordon"),
the auditor of the Company's financial statements for fiscal year up to and including the fiscal year ended June 30, 1995. During Gordon's engagement there were no disagreements with Lazar on any matter of accounting principle or practices, financial statement disclosure or audit scope or
procedure, which disagreements if not resolved to the satisfaction of Gordon would have caused Lazar to make reference to the subject matter of the disagreement in connection with Gordon's report.


EXHIBIT: (A) Letter from Gordon dated November 14, 1996 to the Securities and Exchange Commission

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<PAGE>

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 thereto duly authorized.

Dated this 1st day of December, 1996.

OLYMPUS VENTURES, INC. (the "Registrant")

By: /s/ Gary Morgan
Gary Morgan, Chairman and Chief Executive Officer

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<PAGE>

AUDLEY L. GORDON CPA, CHARTERED ACCOUNTANT
18 HUMBER AVENUE, MONTEGO BAY
JAMAICA, W.I.
TELEPHONE: (809) 952-3143
FACSIMILE: (809) 979-7129


November 14, 1996

Securities and Exchange Commission,
Washington, DC 20549

Gentlemen:

This is to confirm that there were no disagreement on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure with Olympus Ventures Inc. which if not resolved to my satisfaction would have caused me to make references thereto.

The reason given for the change was location.

Very Truly Yours

/s Audley L. Gordon CPA

Audley L. Gordon CPA

<PAGE>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----


When a filing is less complete than one issued by RMIL, it should be of concern, until the company and the auditors provide proper information and detail.