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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) November 15, 2000
MEDCARE TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-28790 87-0429962B
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1515 West 22nd Street, Oak Brook, Illinois 60523
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (630) 472-5300
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Item 4 - Changes in Registrant's Certifying Accountants
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On November 10, 2000, Arthur Andersen LLP resigned as the independent
public accountants of Medcare Technologies, Inc., (the "Company").
Arthur Andersen LLP resigned after the audit for the fiscal year ending
December 31, 1999. Arthur Andersen LLP issued an unqualified audit opinion on
the 1999 year-end financial statements. The 1998 year-end financial statements
were audited by Clancy and Co., P.L.L.C. who issued an unqualified audit
opinion. During the course of their work, the Company and Arthur Andersen LLP
have not had any disagreements on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure.
The Company has engaged Clancy and Co., PLLC as its new independent public
accountants effective as of the date of the dismissal of its former accountants.
During the Company's most recent fiscal year prior to the engagement, there have
been no consultations with the newly engaged accountants with regard to either
the application of accounting principle as to any specific transaction, the type
of audit opinion that would be rendered on the Company's financial statements or
any matter of disagreement with the former accountants.
Item 7 - Financial Statements and Exhibits
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C. Exhibits:
16 Former Accountants Letter
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 herunto duly authorized.
Medcare Technologies, Inc.
(Registrant)
By: /s/ Ray Krauss
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Ray Krauss
CEO and President
Date: November 15, 2000
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Exhibit Index
Exhibit Number Description
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16 Former Accountants Letter
