-----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, SXTArfcmfO4EZOVNTVA9smLo6YX8Jpxu2NzRaS6ng97M4ZZnwSX0MiwpfQ0zKHWx bZxYhIbJmkH/Ipf7B4rYbw== 0000950147-99-000448.txt : 19990512 0000950147-99-000448.hdr.sgml : 19990512 ACCESSION NUMBER: 0000950147-99-000448 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990217 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOONER HOLDINGS INC /OK/ CENTRAL INDEX KEY: 0000861370 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] IRS NUMBER: 731275261 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 000-18344 FILM NUMBER: 99616675 BUSINESS ADDRESS: STREET 1: 2680 W I-40 CITY: OKLAHOMA CITY STATE: OK ZIP: 73108 BUSINESS PHONE: 4052368332 MAIL ADDRESS: STREET 1: 2680 E I-40 CITY: OKLAHOMA CITY STATE: OK ZIP: 73108 FORMER COMPANY: FORMER CONFORMED NAME: CHARLIE O COMPANY INC DATE OF NAME CHANGE: 19930328 8-K/A 1 AMENDMENT NO. 1 TO CURRENT REPORT U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A AMENDMENT NO. 1 TO CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported) February 17, 1999 ------------------------------- SOONER HOLDINGS, INC. ---------------------------------------------- (Name of small business issuer in its charter) Oklahoma 0-18344 73-1275261 - ------------------------------- ------------ ------------------- (State or other jurisdiction of (Commission IRS Employer incorporation or organization) File Number) Identification No.) 2680 West Interstate 40, Oklahoma City, Oklahoma 73108 --------------------------------------------------------- (Address of principal executive offices) (Zip Code) (405) 236-8332 --------------------------- (Issuer's telephone number) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT (a) Effective February 17, 1999, the Company's client-auditor relationship with auditors Arthur Andersen LLP ceased. In the Company's Report on Form 10-KSB for the fiscal year ended December 31, 1997, Arthur Andersen LLP's opinion stated that the consolidated financial statements had been prepared assuming that the Company will continue as a going concern. The footnotes to the statements discussed that the Company had suffered recurring losses from operations, had a shareholders' deficit of $129,589 and had a working capital deficiency of $863,925 as of December 31, 1997. These factors raised substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters were also described in the footnotes. During the three-year engagement of Arthur Andersen LLP as the Company's principal accountant to audit its financial statements, commencing with its fiscal year ended December 31, 1995, and the interim period thereafter from January 1, 1998 through February 17, 1999, and within the meaning of Item 304 of Regulation S-K, Arthur Andersen LLP did not inform the Company of any disagreements, reportable events, or any dispute relating to accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to their satisfaction, would have caused them to make reference in connection with their opinion to the subject matter of the disagreement. ITEM 7. EXHIBITS Page ---- Exhibit 1. Letter dated 2/17/99 from Arthur Andersen LLP 3 Exhibit 2. Letter dated 5/6/99 to the Securities and Exchange Commission from Arthur Andersen LLP 4 SIGNATURE 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. SOONER HOLDINGS, INC. Dated: May 10, 1999 By: /s/ R. C. Cunningham II -------------------------- ---------------------------------- R. C. Cunningham II CEO, President and Chairman 2 EXHIBIT 1. LETTER DATED 2/17/99 FROM ARTHUR ANDERSEN LLP February 17, 1999 Mr. R. C. Cunningham, II Charlie O Business Park, Inc. 2680 West Interstate 40 Oklahoma City, Oklahoma 73108 Dear Mr. Cunningham: This is to confirm that the client-auditor relationship between Sooner Holdings, Inc. and Arthur Andersen LLP has ceased. Very truly yours, /s/ Arthur Andersen LLP Copy to: Chief Accountant Securities and Exchange Commission 3 EXHIBIT 2. LETTER DATED 5/6/99 TO THE SEC FROM ARTHUR ANDERSEN LLP May 6, 1999 Office of the Chief Accountant SECPS Letter File Securities and Exchange Commission Mail Stop 11-3 450 Fifth Street, N.W. Washington D.C. 20549 Ladies and Gentlemen: We have read Item 4 included in the Form 8-K/A dated February 17, 1999 of Sooner Holdings, Inc. filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/ Arthur Andersen LLP Copy to: Mr. R. C. Cunningham II, Sooner Holdings, Inc. -----END PRIVACY-ENHANCED MESSAGE-----