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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): January 6, 1999
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Virtual Gaming Technologies, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 001-14363 33-0716247
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
12625 High Bluff Drive, Suite 205A
San Diego, California 92130-2053
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (619) 259-5015
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(Former name or former address, if changed since last report)
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Item 1. Changes in Control of Registrant.
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
The Company's independent auditors for the fiscal years ended December 31,
1997 and 1996 were McGladrey & Pullen LLP. Effective January 6, 1999, the
Registrant, upon the approval of the audit committee of the Board of Directors
of the Registrant, approved the appointment of Pannell Kerr Forster
International as the Registrant's independent auditors for the fiscal year
ended December 31, 1998.
Except for the explanatory paragraph included in the firm's report on the
financial statements for the 1997 and 1996 fiscal years, relating to substantial
doubt existing about the Company's ability to continue as a going concern, the
audit report of McGladrey & Pullen LLP on the Company's financial statements for
the past two years did not contain an adverse opinion or a disclaimer of
opinion, nor were they qualified or modified as to uncertainty, audit scope, or
accounting principles. There were no disagreements between the Registrant and
McGladrey & Pullen during the past two years and the subsequent interim period
preceding such dismissal on any matter of accounting principles or practices,
financial statement disclosure, or audit scope or procedure, which
disagreement(s), if not resolved to the satisfaction of McGladrey & Pullen,
would have caused it to make a reference to the subject matter of the
disagreement(s) in connection with its reports.
Item 5. Other Events.
Not applicable.
Item 6. Resignations of Registrant's Directors.
Not applicable.
Item 7. Financial Statements and Exhibits.
Exhibits.
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16.1 Letter on Changes in Certifying Accountant
Item 8. Changes in Fiscal Year.
Not applicable.
Item 9. Sales of Equity Securities Pursuant to Regulation S.
Not applicable.
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 hereunto duly authorized.
Virtual Gaming Technologies, Inc.
(Registrant)
Date: January 18, 1999 By: /s/ Bruce Merati
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Bruce Merati, Chief Financial Officer
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EXHIBIT 16.1
January 13, 1998
Securities and Exchange Commission
Washington, DC 20549
We were previously the independent accountants for Virtual Gaming Technologies,
Inc., and on February 24, 1998 and July 16, 1998 we reported on the consolidated
financial statements of Virtual Gaming Technologies, Inc. (A Development Stage
Company) and Subsidiaries as of and for the two years ended December 31, 1997
and 1996.
We have read the second paragraph of Virtual Gaming Technologies, Inc.'s
statements included under Item 4 of its Form 8-K dated January 13, 1999, and we
agree with such statements.
/s/ McGLADREY & PULLEN, LLP
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McGLADREY & PULLEN, LLP
