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UNITED STATES
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): March 17, 1998
THE TRANSLATION GROUP, LTD.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE 000-21725 23-3382869
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(State of Incorporation) (Commission File Number) (I.R.S. Employer
(Identification Number)
332C Haddon Avenue
WESTMONT, NJ 08108
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(Address of Principle Executive Offices (Zip Code)
(609)858-6614
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(Registrant's Telephone Number, Including Area Code
44 Tanner Street
HADDONFIELD, NJ 08033
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(Former Name, Former Address, and Former Fiscal Year,
if Changed Since Last Report)
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Item 4. Changes in Registrant's Certifying Accountant.
Pursuant to Item 304 of Regulation S-K, the Company makes the
following representations:
Item 304 (a) (1)
(i) On March 17, 1998, the Company finalized its decision
not to retain Votta & Company ("Votta"), Certified
Public Accountants, 19 Chestnut Street, Haddonfield,
NJ 08033, to audit the Company's financial statements
for the year ended March 31, 1998. The reason for
this decision was the Company's desire to retain a
larger firm due to its recent acquisition of The Word
House Companies and its planned future acquisitions.
(ii) Votta's reports on the Company's financial statements
for either of the past two years has not contained
either an adverse opinion or a disclaimer of opinion,
nor was qualified or modified as to uncertainty,
audit scope or accounting principles.
(iii)The change in accountants was recommended by the
Audit Committee of the Board of Directors of the
Company and was approved by the Board of Directors of
the Company.
(iv) During the Company's two most recent fiscal years and
subsequent interim period up to the date of the
change of accountants, there were no disagreements
with the former accountants on any matter of
accounting principle or practices, financial
statement disclosure, or auditing scope of procedure,
which disagreement(s), if not resolved to the
satisfaction of Votta, would have caused Votta to
make a reference to the subject matter of the
disagreement(s) in connection with his report.
On March 17, 1998, the Company reached an agreement
with Richard A. Eisner & Company, LLP, 575 Madison
Avenue, New York, NY 10022-2597 to act as the
Company's auditors commencing with the Company's
audit for the year ending March 31, 1998.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
1. Letter by the dismissed independent accountants in
connection with the disclosure under Item 4. of this
Report.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this registration statement to be signed on its
behalf by the undersigned, thereto duly authorized.
Date: March 25, 1998
THE TRANSLATION GROUP, LTD.
By: /S/
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Charles D. Cascio,
President and CEO
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EXHIBIT 1
March 20, 1998
United States Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Dear Sir:
We have read and agree with the comments in Item 304 (a)(1) of Form 8-K of
The Translation Group. LTD. dated March 17, 1998.
Very truly yours,
/s/
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Votta & Company
