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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Earliest Event Reported: February 8, 1995
PGI Incorporated
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(Exact name of Registrant as specified in its charter)
Florida I-6471 59-0867335
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State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
515 Olive Street, Suite 1400, St. Louis, Missouri 63101
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(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code:(314) 982-0780
No changes made
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(Former name or former address, if changed since last report)
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Exhibit Index on Page 4
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Item 4. Changes in Registrant's Certifying Accountant
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(a) By unanimous written consent the Board of Directors
of PGI Incorporated engaged the accounting firm of BDO Seidman as
independent accountants for PGI Incorporated effective February 8,
1995. PGI Incorporated dismissed its prior certifying accountants,
Coopers and Lybrand and retained as its new certifying accountants
BDO Seidman.
(b) During the two most recent fiscal years ended
December 31, 1993 and December 31, 1992 and the interim period
subsequent to Decmeber 31, 1993, there have been no disagreements
with Coopers and Lybrand on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or
procedure or any reportable events.
(c) Coopers and Lybrand's report on the financial
statements for the past two years was modified as to uncertainty
regarding PGI Incorporated's ability to continue as a going
concern.
(d) PGI Incorporated has requested that Coopers and
Lybrand furnish it with a letter addressed to the SEC stating
whether it agrees with the above statements. A copy of Coopers and
Lybrand's letter to the SEC, dated February 9, 1995, is filed as
Exhibit 16 to the Form 8-K.
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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.
PGI Incorporated
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(Registrant)
February 9, 1995 /s/Laurence A. Schiffer
(Date) ----------------------------------
(Signature)
Laurence A. Schiffer
President
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EXHIBIT INDEX
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Sequential
Page Number
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1. Inapplicable.
2.1 Inapplicable.
2.2 Inapplicable.
4.1 Inapplicable.
16. Coopers and Lybrand's letter
to the SEC dated February 9, 1995. . . . . . . . . . . .5
17. Inapplicable.
21. Inapplicable.
24. Inapplicable.
25. Inapplicable.
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