UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
Amendment No. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
July 19, 2000
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Date of Report (Date of earliest event reported)
COVOL TECHNOLOGIES, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 0-27808 87-0547337
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(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
3280 N. Frontage Road
Lehi, UT 84043
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(Address of principal executive offices)
(Zip Code)
(801) 768-4481
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report.)
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Item 4. Change in Registrant's Certifying Accountant
On July 19, 2000, Covol Technologies, Inc. dismissed
PricewaterhouseCoopers LLP as its independent accountants. The Registrant's
Audit Committee participated in and approved the decision to change independent
accountants.
The reports of PricewaterhouseCoopers LLP on the financial statements
for the past two fiscal years contained no adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope or
accounting principle.
In connection with its audits for the two most recent fiscal years and
through July 19, 2000, there have been no disagreements with
PricewaterhouseCoopers LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of PricewaterhouseCoopers LLP
would have caused them to make reference thereto in their reports on the
financial statements for such years.
During the two most recent fiscal years and through July 19, 2000, there
have been no reportable events (as defined in Regulation S-K Item 304(a)(1)(v)).
The Registrant requested that PricewaterhouseCoopers LLP furnish it with
a letter addressed to the Securities and Exchange Commission stating whether or
not it agrees with the above statements. A copy of such letter is filed as
Exhibit 16 to this Form 8-K.
On July 19, 2000, the audit committee appointed Arthur Andersen LLP as
Covol's auditors. Covol has not consulted with Arthur Andersen LLP on any
application of accounting principles or any other matter during the two fiscal
years ended September 30, 1999 or subsequent thereto.
The appointment of PricewaterhouseCoopers LLP as independent auditors
of Covol for the fiscal year ending September 30, 2000 was ratified by the
stockholders at the February 29, 2000 annual meeting. Covol expects to hold a
special meeting of stockholders in the near future, at which time the
stockholders will be asked to vote on ratification of the selection of Arthur
Andersen LLP as auditors for the fiscal year ending September 30, 2000.
Item 7. Financial Statements and Exhibits
(c) The following exhibit is included herein:
16 Letter re change in certifying accountant
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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.
COVOL TECHNOLOGIES, INC.
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Registrant
Date: July 28, 2000 /s/ Kirk A. Benson
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Kirk A. Benson
Chief Executive Officer and
Principal Executive Officer
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