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): January 19, 2000
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ALYN CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 000-21153 33-0709359
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Identification No.)
Incorporation)
16761 Hale Avenue
Irvine, California 92606
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (949) 425-1525
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
The Registrant has engaged Deloitte & Touche LLP to be its principal accountant
effective January 31, 2000, to audit its accounting statements for the year
ended December 31, 1999. The Registrant has dismissed, and therefore has
terminated its client-auditor relationship with, PricewaterhouseCoopers LLP, its
previous principal accountant with respect to the audit of the Registrants'
financial statements. PricewaterhouseCoopers LLP issued an unqualified opinion
on the Registrant's consolidated financial statements as of and for the year
ended December 31, 1997, and a qualified opinion as of and for the year ended
December 31, 1998.
PricewaterhouseCoopers LLP qualified its opinion as of and for the year ended
December 31, 1998, by including a going concern modification.
PricewaterhouseCoopers LLP qualified its opinion because at that time the
Registrant needed to raise additional capital in order to continue operations at
then-current levels for the next twelve months and the Registrant lacked a
history of operations that would adequately suggest that it would raise such
funds.
The decision to change accountants was approved by the Board of Directors of the
Registrant by unanimous written consent.
During the two most recent fiscal years and the subsequent interim period
preceding this termination, there were no disagreements over accounting matters,
financial disclosures, or any other limitations on the scope or procedure of the
independent auditor in the course of performing professional services. The
Registrant has authorized PricewaterhouseCoopers LLP to respond fully to any
inquiries of Deloitte & Touche LLP concerning the work done and conclusions
drawn in performing previous audits of the Registrant and concerning the reasons
for termination of the services of PricewaterhouseCoopers LLP.
ITEM 7. FINANCIAL STATEMENT AND EXHIBITS
Exhibit A. Letter from PricewaterhouseCoopers LLP
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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.
ALYN CORPORATION
February 1, 2000 /s/ Raymond Brooks
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Raymond Brooks
Chief Financial Officer
[PRICEWATERHOUSECOOPERS LLP LETTERHEAD]
January 28, 2000
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements made by our former client, Alyn Corporation, in
Item 4 of Alyn's Form 8-K report dated January 19, 2000. We agree with the
statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ PRICEWATERHOUSECOOPERS LLP
PriceWaterhouseCoopers LLP
