SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 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 event reported): September 1, 2005
                                                         -----------------

                            BellaVista Capital, Inc.
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             (Exact name of registrant as specified in its charter)


         Maryland                    0-30507                    94-3324992
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(State or other jurisdiction       (Commission                 (IRS Employer
     of incorporation)             File Number)              Identification No.)


               420 Florence Street, Suite 200, Palo Alto, CA 94301
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               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (650) 328-3060
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                                       N/A
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          (Former name or former address, if changed since last report)





ITEM 4.01       Changes in Registrant's Certifying Accountant

On September 1, 2005, the Registrant received the resignation of Grant Thornton,
LLP ("Grant Thornton") as its principal independent accountants.

Grant Thornton's report on the Registrant's financial statements for the year
ended December 31, 2004 did not contain an adverse opinion or disclaimer of
opinion, nor was it qualified or modified as to uncertainty, audit scope or
accounting principles. During Registrant's fiscal year ended December 31, 2004,
and the subsequent interim periods through September 1, 2005, the date of Grant
Thornton's resignation, there were no disagreements with Grant Thornton on any
matters of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, which, if not resolved to the satisfaction of Grant
Thornton would have caused it to make reference to the subject matter of the
disagreement in connection with its report on the financial statements for that
period, nor have there been any "reportable events" as defined under Item
304(a)(1)(v) of Regulation S-K during such period.

The Registrant has not yet engaged a new principal independent accountant.


ITEM 9.01        Financial Statements and Exhibits

(c)      Exhibits

         (16)  Letter regarding changes in certifying accountant (to be filed by
               amendment)

                                   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 thereunto duly authorized.


Dated:  September 1, 2005       BellaVista Capital, Inc.



                                By:  /s/ MICHAEL RIDER
                                     --------------------------------
                                     Michael Rider, Chief Executive Officer