UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 8-K/A

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported) March 15, 2004

                            SILVERADO FINANCIAL INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)



        Nevada                       000-31079                   77-0140428
--------------------------------------------------------------------------------
State or other jurisdiction         Commission                  IRS Employer
Of incorporation                    File Number            Identification Number


            1475 South Bascom Avenue, Suite 210, Campbell, CA. 95008
            --------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number including area code: (408) 371-2301

ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS

On March 15, 2004, the Company's principal accountant,  James C. Marshall,  CPA,
P.C. of  Scottsdale,  Arizona  resigned.  The board of  directors of the Company
accepted the resignation of James C. Marshall, CPA, P.C.

The audit  reports on the  Company's  financial  statements  for the years ended
December  31, 2002 and 2001 were  modified to reflect an  uncertainty  as to the
Company's ability to continue as a going concern.  For the last two fiscal years
and any  subsequent  interim  period  preceding  the  dismissal,  there  were no
disagreements with Marshall on any matter of accounting principles or practices,
financial  statement  disclosure,  or auditing scope or procedure  which, if not
resolved  to the  satisfaction  of Marshall  would have caused  Marshall to make
reference to the matter in their reports

On March 16,  2003,  the  Company  engaged  Epstein,  Weber &  Conover,  P.L.C.,
Certified  Public  Accountants  of  Scottsdale,  Arizona  as its new  Certifying
Accountant.  The Company did not have any consulting  arrangements with Epstein,
Weber  &  Conover,   P.L.C.,   Certified  Public   Accountants  prior  to  their
appointment.

ITEM 7: EXHIBITS

     16.1 Letter from James C. Marshall, P.C. dated April 7, 2004

                                   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.





Date:    April 7, 2004

                                  SILVERADO FINANCIAL INC.

                                  By  /s/ John Hartman
                                      -----------------------------------------
                                          John Hartman, Chief Executive Officer