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
February 28, 2000
Date of Report (Date of earliest event reported)
PMCC FINANCIAL CORP.
(Exact name of Registrant as specified in its charter)
Delaware 0-7614 11-3404072
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
3 Expressway Plaza
Roslyn Heights, New York 11577
(516) 625-3000
(Registrant's telephone number, including area code)
Page 1 of 2 Pages
Exhibit Index Appears at Page 2
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Item 4. Changes in Registrant's Certifying Accountant
(a) Resignation of independent accountants
(i) On February 28, 2000, the Registrant received a letter
dated February 24, 2000 from KPMG LLP, the Registrant's
independent accountants, confirming that the
client-auditor relationship between the Registrant and
KPMG LLP had ceased. KPMG LLP had not yet been retained
to audit the Registrant's financial statements for the
year ended December 31, 1999.
(ii) The independent auditor's report on the consolidated
financial statements for the two years ended December
31, 1998 contained no adverse opinion, no disclaimer of
opinion, nor was qualified or modified as to
uncertainty, audit scope or accounting principals.
(iii) Not applicable.
(iv) In connection with the audits of the two years ended
December 31, 1998 and during any subsequent interim
periods preceding February 24, 2000, the Registrant had
no disagreements with the independent auditors on any
matter of accounting principle or practice, financial
statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the
satisfaction of the independent auditors, would have
caused it to make reference to the subject matter of
the disagreements in connection with their report.
(v) Not applicable.
(b) Engagement of new independent accountants
(i) On March 2, 2000, the Registrant's board of directors
formally engaged Marcum & Kliegman, LLP, 130 Crossways
Park Drive, Woodbury, New York, as its new independent
auditors (the "new accounting firm") to audit the
Registrant's financial statements. The Registrant,
during the two most recent fiscal years and the
subsequent interim periods prior to the engagement of
the new accounting firm, did not consult with the new
accounting firm with regard to any of the matters
listed in Regulation S-K Items 304 (a) (2) (i) or (ii).
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
Exhibit 16. Letter from KPMG LLP regarding change in
independent auditors.
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SIGNATURES
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.
PMCC FINANCIAL CORP.
Date: March 6, 2000
By: /s/ Stephen J. Mayer
--------------------
Name: Stephen J. Mayer
Title: Chief Financial Officer
March 3, 2000
Securities and Exchange Commission
Washington, DC 20549
Ladies and Gentlemen:
We were previously principal accountants for PMCC Financial Corp. and, under the
date of March 23, 1999, we reported on the consolidated financial statements of
PMCC Financial Corp. and subsidiary as of December 31, 1998 and 1997 and for
each of the years in the three-year period ended December 31, 1998. On February
24, 2000, we resigned as principal accountants. We have read PMCC Financial
Corp.'s statements included under Item 4(a) of its Form 8-K, dated February 28,
2000 and we agree with such statements.
Very truly yours,
KPMG LLP
