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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: January 27, 2000
GLOBAL MEDIA CORP.
(Exact name of registrant as specified in its charter)
NEVADA 91-1842480
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
400 ROBSON STREET
VANCOUVER, B.C.
CANADA V6B 2B4
(Address of principal executive offices)(Zip Code)
(604) 688-9994
(Registrant's telephone number, including area code)
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ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective January 27, 2000, the Registrant dismissed Ernst & Young LLP,
Chartered Accountants, as its independent accountants, and engaged Arthur
Anderson LLP, Chartered Accountants, as its new independent accountants. The
decision to change independent accountants was approved by the Registrant's
Board of Directors on January 27, 2000. No consultation regarding accounting
policy or procedures with new auditors occurred prior to their engagement.
In connection with Ernst & Young LLP's audit for the fiscal year for the period
from August 1, 1998 to July 31, 1999, and with the subsequent interim period
through January 27, 2000:
(a) the reports of Ernst & Young LLP did not contained an adverse
opinion or a disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope, or accounting principles; and
(b) there were no disagreements with Ernst & Young LLP on any matter
of accounting principles or practices, financial statement disclosure or
auditing scope or procedure which, if not resolved to the satisfaction of Ernst
& Young LLP, would have caused them to make reference to the subject matter of
the disagreement in with their reports.
The Registrant has provided Ernst & Young LLP with a copy of the disclosure
contained in this Form 8-K and has requested that Ernst & Young LLP provide
the Registrant with a letter addressed to the U.S. Securities and Exchange
Commission stating whether or they agree with the disclosure. The Registrant
will file such letter within ten business days of this filing.
The Registrant has provided Ernst & Young with a copy of the disclosure
contained herein and has requested that Ernst & Young provide the Registrant
with a letter addressed to the U.S. Securities and Exchange Commission stating
whether or they agree with the disclosure. Ernst & Young has provided such a
letter, which is attached hereto as an Exhibit to this Current Report on Form
8-K.
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Item 7. Financial Statements and Exhibits.
(c) Exhibits:
16.1 Letter re Change in Certifying Accountant dated February 7,
2000.
SIGNATURE
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 thereunder duly authorized.
GLOBAL MEDIA CORP.
By /s/ Jim Porter
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Jim Porter, Chief Financial Officer
February 9, 2000
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EXHIBIT 16.1
February 7, 2000
U.S. Securities and Exchange Commission
450 Fifth Street, NW
Washington, D.C. 20549
Ladies and Gentlemen:
RE: GLOBAL MEDIA CORP.
We have read Item 4 of Form 8-K dated January 27, 2000, of Global Media Corp.,
and are in agreement with the statements contained in the second paragraph
therein. We have no basis to agree or disagree with other statements of the
registrant contained therein.
Yours very truly,
/s/ ERNST & YOUNG LLP
ERNST & YOUNG LLP,
Chartered Accountants
