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)
June 16, 1998 (June 9, 1998)
CABLE & CO. WORLDWIDE, INC.
(Exact name of Registrant as specified in its charter)
Delaware 0-20769 22-3341195
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation or organization) Identification No.)
724 Fifth Avenue, New York, New York 10019
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 489-9686
n/a
(Former name or former address, if changed since last report)
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Item 4. Change in Registrant's Certifying Accountant
On June 9, 1998, Goldstein Golub Kessler & Company, P.C. resigned as the
Company's independent auditors as a result of procedural issues relating to the
coordination of matters between the Company and Goldstein Golub Kessler &
Company, P.C. The report of Goldstein Golub Kessler & Company, P.C. on the
financial statements of the Company for each of the past two years did not
contain an adverse opinion or disclaimer of opinion and was not qualified or
modified as to uncertainty, audit scope or accounting principles except that the
auditor's report for the year ended December 31, 1997 did contain an emphasis of
a matter paragraph regarding the uncertainty as to the Company's ability to
continue as a going concern. The Company believes, and has been advised by
Goldstein Golub Kessler & Company, P.C. that it concurs in such belief, that
during the two most recent fiscal years and the subsequent interim period
preceding the resignation of Goldstein Golub Kessler & Company, P.C., the
Company and Goldstein Golub Kessler & Company, P.C. did not have any
disagreement on any matters of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which disagreement if not
resolved to the satisfaction of Goldstein Golub Kessler & Company, P.C. would
have caused Goldstein Golub Kessler & Company, P.C. to make reference to the
matter in their reports.
The Company has engaged Feldman Sherb Ehrlich & Co., P.C., as its new
independent auditors.
Exhibit Index.
16.1 Letter on 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.
Dated: June 16, 1998
CABLE & CO. WORLDWIDE, INC.
(Registrant)
By: /s/ Alan Kandall
ALAN KANDALL
President
EXHIBIT 16.1
June 16, 1998
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously the auditors for Cable & Co. Worldwide, Inc. and Subsidiaries
(Commission File Number 0-20769) and as of February 26, 1998, we reported on the
consolidated financial statements at December 31, 1997 and for each of the two
years in the period then ended. On June 9, 1998 we resigned as auditors for the
Company. We have read the statements included under item 4 of its form 8-K dated
June 16, 1998 and we agree with such statements.
We are not in a position to agree or disagree with the Company's assertion as to
whether they have or have not engaged a new independent auditor.
Very truly yours,
/s/ Goldstein Golub Kessler & Company, P.C.
GOLDSTEIN GOLUB KESSLER & COMPANY, P.C.
