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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 15 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 17, 1999
COMMODORE APPLIED TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
Delaware 1-11871 11-3312952
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
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150 East 58th Street, Suite 3400
New York, New York 10155
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(Address of principal executive offices)
Registrant's telephone number, including area code: (212) 308-5800
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Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a)(1)(i) The Registrant terminated its former auditors,
PricewaterhouseCoopers, LLC ("PwC"), on August 17,
1999.
(ii) During the Registrant's past two fiscal years, PwC's
report on the Registrant's financial statements
neither contained any adverse opinions or disclaimers
of opinions nor were qualified or modified as to
uncertainty, audit scope or accounting principal,
except that PwC's auditors report on the
Registrant's consolidated financial statements for
the year ended December 31, 1998 contained an
explanatory paragraph relating to the Registrant
continuing as a going concern due to the Registrant's
recurring losses from operations and net cash
outflows from operations.
(iii) The decision to terminate its relationship with PwC
was approved by the Board of Directors of the
Registrant.
(iv) In connection with its audits for the past two
fiscal years and through August 17, 1999, there were
no disagreements with PwC 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
PwC, would have caused it to make reference to the
subject matter of the disagreements in connection
with its reports.
(a)(2) Pursuant to action approved by the Registrant's Board
of Directors, the Registrant retained Tanner & Co.
("Tanner") as its auditors as of August 17, 1999.
(a)(3) The Registrant provided PwC with the above
disclosures prior to filing this Current Report on
Form 8-K with the Commission, and is filing herewith
PwC's response to those disclosures pursuant to Item
304(a)(3) of Regulation S-K.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) EXHIBITS
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EXHIBIT NO. DESCRIPTION
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16 Letter regarding 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 Current Report to be signed on its
behalf by the undersigned hereunto duly authorized.
COMMODORE APPLIED TECHNOLOGIES, INC.
By: /s/ William E. Ingram
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William E. Ingram
Vice President and Controller
Date: August 23, 1999
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EXHIBIT INDEX
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EXHIBIT NO. DESCRIPTION
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16 Letter regarding Change in Certifying Accountant.
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EXHIBIT 16
August 23, 1998
Securities and Exchange Commission
450 5th Street, N.W.
Washington, DC 20549
Commissioners:
We have read the statements made by Commodore Applied Technologies, Inc. (copy
attached), which will be filed with the Commission, pursuant to Item 4 of Form
8-K, as part of the Company's Form 8-K to be filed on or about August 23, 1999.
We agree with the statements concerning our Firm in such Form 8-K, except we
have no basis for commenting on the statement made in Item 4 (a)(1)(ii)
Very truly yours,
PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
