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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): August 23, 1995
Dynamic International, Ltd.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Nevada 0-21475 93-1215401
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(STATE OR OTHER JURISDICTION OF (COMMISSION (I.R.S. EMPLOYEE
INCORPORATION OR ORGANIZATION) FILE NUMBER) IDENTIFICATION NUMBER)
58 Second Avenue, Brooklyn NY 11215
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code: (718) 369-4160
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Dynamic Classics, Ltd., 230 Fifth Avenue, New York, NY 10001
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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 ACCOUNTANTS.
(a) On June 26, 1996, Registrant dismissed Hoberman, Miller & Co.,
P.C. as its independent accountants ("Hoberman"). This action had been
approved by Registrant's Board of Directors. During the past two years
Hoberman did not issue a report on Registrant's financial statements that
either contained an adverse opinion or a disclaimer of opinion, or was
qualified or modified as to uncertainty, audit scope or accounting principles.
During the period of their engagement from June 30, 1973 until June
26, 1996, there were no disagreements between Registrant and Hoberman on any
matter of accounting principles or practices, financial statement disclosure,
or audit scope and procedure, which disagreement, if not resolved to the
satisfaction of Hoberman, would have caused them to make reference to the
subject matter of the disagreement in connection with any report that was to
have been, or will be, prepared for Registrant.
(b) On July 11, 1996 the Board of Directors of Registrant
appointed Moore Stephens, P.C. as its independent accountants, subject to
ratification by Registrant's shareholders.
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Financial Statements
Financial Statements will be filed by amendment to this Form 8-K.
(c) Exhibits
1. Registrant's Second Amended and Modified Plan of
Reorganization dated February 22, 1996 (the "Plan")*
2. Errata Sheet and Correction Statement with respect to the Plan
dated May 7, 1996*
3. Order Confirming the Plan dated May 23, 1996*
4. Letter by independent accountants in connection with the
disclosure under item 4 of this Report
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* Previously filed
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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: October 23, 1996
DYNAMIC INTERNATIONAL, LTD.
By: /s/ Marton Grossman
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Marton B. Grossman, President
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October 23, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Dynamic International, Ltd.
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Dear Sir:
We agree with Statement (a) under Item 4 in the Form 8-K/A report of
Dynamic International, Ltd. executed on behalf of the Company on October 23,
1996. We are unable to agree or disagree with Statement (b).
Very truly yours,
/s/ Hoberman, Miller & Co., P.C.
