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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):
October 12, 2000
CYNET, INC.
(Exact name of Registrant as specified in charter)
Texas 000-28349 76-0467099
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
12777 Jones Road, Suite 400 Houston, Texas 77070
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (281) 897-8317
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Effective October 12, 2000, the accounting firm of BDO Seidman, LLP
("BDO") resigned as the independent certified public accountants
for CYNET, Inc., a Texas corporation ("Registrant"). BDO issued
reports on the financial statements of Registrant as of and for the
two fiscal years ended December 31, 1999. Each of these reports
contained an explanatory paragraph regarding Registrant's ability to
continue as a going concern.
The resignation of BDO occurred without action by the board of
directors or any committee of the board of directors of Registrant.
During Registrant's two fiscal years ended December 31, 1999, there
were no disagreements between Registrant and BDO on any matter of
accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, which disagreements (if not resolved
to BDO's satisfaction) would have caused BDO to make reference to
the subject matter or matters of the disagreement in connection with
its reports on Registrant's financial statements for such periods.
A letter from BDO agreeing with the foregoing disclosure is filed as
an exhibit to this Form 8-K.
Registrant has not yet engaged an accounting firm as a successor to
BDO.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
16.1 Letter from BDO Seidman LLP regarding change in certifying
accountant
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned herein to duly authorized.
Dated: October 17, 2000
CYNET, INC.
By: /s/ Vincent W. Beale, Sr.
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Vincent W. Beale, Sr., Chairman of
the Board of Directors and Chief
Executive Officer
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