UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
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FORM 8-K/A
[Amending Form 8-K [Date of Event December 4, 1996] Filed on
December 6, 1996 and Amended on December 13, 1996]
Quarterly Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Event December 4, 1996 Commission File Number 000-28876
CHEM INTERNATIONAL, INC. AND SUBSIDIARIES
(Exact name of registrant as specified in its charter)
Delaware 13-3035216
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
201 Route 22
Hillside, New Jersey 07205
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (201) 926-0816
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CHEM INTERNATIONAL, INC. AND SUBSIDIARIES
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
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1. Effective December 4, 1996, Chem International, Inc. ["Chem"] dismissed
its prior certifying accountants, Cornick, Garber & Sandler, LLP
["Cornick"] and retained as its new certifying accountants, Moore
Stephens, P.C. Cornick's report on Chem's financial statements during the
most recent fiscal year contained no adverse opinion or a disclaimer of
opinion, and was not qualified as to uncertainty, audit scope or
accounting principles. The decision to change accountants was approved by
Chem's Board of Directors.
During the last fiscal year and the subsequent interim period through
December 4, 1996, there were no disagreements between Chem and Cornick on
any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if not
resolved to the satisfaction of Cornick, would have caused it to make a
reference to the subject matter of disagreements in connection with its
report.
None of the "reportable events" described in Item 304(a)(l)(iv)(A)
occurred with respect to Chem within the last fiscal year and through
December 4, 1996.
2. Effective December 4, 1996, the Company engaged Moore Stephens, P.C. as
its principal accountants to audit the Company's financial statements.
During the Company's last two most recent fiscal years and the subsequent
interim period to date hereof, the Company has not consulted Moore
Stephens, P.C. on items which (1) concerned the application of accounting
principles to a specified transaction, either complete or proposed or (2)
concerned the subject matter of a disagreement or reportable event with
Cornick.
3. The Company has requested Cornick to furnish it with a letter addressed to
the Securities and Exchange Commission stating whether Cornick agrees with
the statements contained in the first paragraph above. A copy of the
letter from Cornick to the Securities and Exchange Commission is filed as
Exhibit 1 hereto.
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CHEM INTERNATIONAL, INC. AND SUBSIDIARIES
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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1. Letter from Cornick to the Securities and Exchange Commission dated
January 3, 1997.
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SIGNATURES
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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 thereunto duly authorized.
CHEM INTERNATIONAL, INC. AND SUBSIDIARIES
Date: January 3, 1997 By:/s/ E. Gerald Kay
E. Gerald Kay,
President and Chief Executive Officer
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CORNICK, GARBER & SANDLER, LLP
Certified Public Accountants
EXHIBIT 1
January 3, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
We have read the information in the second paragraph of item 4(1)
contained in the Form 8-K/A dated January 3, 1997 of Chem International, Inc.
and agree with the statements made therein.
Very truly yours,
Cornick, Garber & Sandler, LLP
Certified Public Accountants
cc: Mr. E. Gerald Kay, President
Chem International, Inc.
630 Third Avenue New York, NY 10017-6705 212-557-3900 Fax 212-557-3936
50 Charles Lindbergh Boulevard Uniondale, NY 11553-3600 516-542-9030
Fax 516 542-9035
