WALLSTREET RACING STABLES INC
8-K, 2000-07-26
RACING, INCLUDING TRACK OPERATION
Previous: INSPIRE PHARMACEUTICALS INC, 8-A12G/A, 2000-07-26
Next: WALLSTREET RACING STABLES INC, 8-K, EX-16, 2000-07-26





                       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): July 24, 2000


                         WALLSTREET RACING STABLES, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


   Colorado                      0-23823                         84-1313024
   --------                      -------                         ----------
(State or other               (Commission                    (I.R.S. Employer
jurisdiction of               File Number)                   Identification No.)
incorporation)


                       1001 Kings Avenue, Suite 220
                         Jacksonville, Florida                        32207
               ----------------------------------------            ----------
               (Address of Principal Executive Offices)            (Zip Code)


        Registrant's telephone number including area code: (904) 346-0170
                                                           --------------


       (Former name or former address, if changed since last report): N/A


<PAGE>



Item 1. CHANGES IN CONTROL OF REGISTRANT

          No report required.


Item 2. ACQUISITION OR DISPOSITION OF ASSETS

          No report required.


Item 3. BANKRUPTCY OR RECEIVERSHIP

         No report required.


Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

     On July 24, 2000,  Wallstreet  Racing  Stables,  Inc. (the  "Company"),  as
approved by the Board of Directors,  engaged  Stark Tinter & Associates,  LLC as
its principal  accountant and independent  auditors for the year ending June 30,
2000, and  simultaneously  accepted the  resignation of Kish Leake & Associates,
P.C. as its  principal  accountant  and auditors.  Kish Leak & Associates,  P.C.
stated as its  reason  for its  resignation  that it would no  longer  engage in
providing audit services to public companies.

     The reports of Kish Leake & Associates,  P.C. for the past two fiscal years
did not  contain an  adverse  opinion or a  disclaimer  of opinion  and were not
qualified or modified as to uncertainty, audit scope or accounting principles.

     In connection with the audits of the Company's financial statements for the
fiscal years ended June 30, 1999 and 1998, there were no disagreements with Kish
Leak & Associates,  P.C. on any matters of  accounting  principles or practices,
financial  statement  disclosure,  or auditing scope and procedure which, if not
resolved to the satisfaction of Kish Leake & Associates, P.C., would have caused
Kish Leake & Associates,  P.C. to make  reference to the matter in their report.
Further,  there  were no  reportable  events as that term is  described  in Item
304(a)(1)(iv)(B) of Regulation S-B.

     The Company has  requested  Kish Leake &  Associates,  P.C. to furnish it a
letter  addressed to the Securities and Exchange  Commission  stating whether it
agrees with the above statements.  A copy of the letter, dated July 25, 2000, is
filed as Exhibit 1 to this Form 8-K.

     During the two most recent fiscal years and any subsequent  interim period,
the Company has not  consulted  Stark Tinter &  Associates  LLC,  regarding  any
matter requiring disclosure in this Form 8-K.

Item 5. OTHER EVENTS

          No report required.


                                       2

<PAGE>


Item 6. RESIGNATION OF DIRECTORS

          No report required.


Item 7. FINANCIAL STATEMENTS AND EXHIBITS

          a.   Not applicable.

          b.   Not Applicable.

          c.   Exhibits.

               1.   Letter,   dated  July  25,  2000,  from  former   certifying
                    accountant, Kish Leake & Associates, P.C.


Item 8. CHANGE IN FISCAL YEAR

          Not applicable.

                                       3

<PAGE>



                                    SIGNATURE

     Pursuant  to the  requirements  of  Section  13 or 15(d) 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.


                                                WALLSTREET RACING STABLES, INC.

Date: July 24, 2000                         By: /s/ Timothy J. Murtaugh
                                               -----------------------------
                                                Timothy J. Murtaugh, President



<PAGE>



                                  EXHIBIT INDEX

Exhibit
Number                      Description
------                      -----------

  16                        Letter from Kish Leake & Associates, P.C., dated
                            July 25, 2000




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission