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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: August 25, 2000
WIN-GATE EQUITY GROUP, INC.
(Exact name of registrant as specified in its charter)
Florida 0-6770 65-06698942
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(State or other jurisdiction of Commission File Number (I.R.S. Employer
incorporation or organization) Identification Number)
45 Broadway, 17th Floor
New York, NY 10006
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(Address of Principal Executive Offices) (Zip Code)
(212) 509-0982
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(Registrant's telephone number, including area code)
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
None.
Item 8. Changes in Fiscal Year.
On January 21, 2000, Win-Gate Equity Group, Inc. (the "Company")
entered into and consummated a Stock Purchase Agreement with all of the
shareholders of Globaltron Communications Corporation ("Globaltron"). Pursuant
to the Stock Purchase Agreement, the Company acquired all of the issued and
outstanding shares of Globaltron and Globaltron became a wholly-owned subsidiary
of the Company. For financial accounting purposes, Globaltron was deemed the
surviving entity. As Globaltron had a fiscal year ending March 31, in connection
with the closing of the Globaltron transaction, the Company's fiscal year
changed from December 31 to March 31.
London Witte & Company, P.A. acted as the Company's independent
auditors prior to the acquisition of Globaltron, the Company's operating entity.
Grant Thornton became the Company's independent auditors on March 10, 2000. The
Company had no disagreements with London Witte & Company, P.A. on any matter of
accounting principles or practices, financial statement disclosure, auditing
scope or procedure. London Witte & Company continues to perform selected
assignments on behalf of the Company.
The Company's 10-KSB for the period ended March 31, 2000 will reflect
the change of fiscal year from December 31 to March 31 in connection with the
Globaltron transaction.
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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.
WIN-GATE EQUITY GROUP, INC.
By: /s/ Gary D. Morgan
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Gary D. Morgan
Chief Executive Officer
Dated: August 25, 2000
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