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): February 24, 2000
forestindustry.com, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 0-26673 98-0207081
(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
Suite 504 - 999 Canada Place, Vancouver, British Columbia, V6C 3E1
(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (604) 632-3802
AUTOEYE INC.
Suite 1650
Waterfront Centre, 200 Burrard Street
Vancouver, British Columbia
Canada V6C 3L
(Former name or former address
if changed since last report.)
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Item 4. Change in Registrant's Certifying Accountant
Effective February 24, 2000 the Company retained Watson Dauphinee & Masuch
("Watson") to act as the Company's independent certified public accountant. In
this regard Watson replaced Ernst & Young LLP ("E&Y") which audited the
Company's financial statements for the fiscal years ended May 31, 1999 and 1998.
The reports of E&Y for these fiscal years did not contain an adverse opinion, or
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles. During the Company's two most recent
fiscal years and subsequent interim periods, there were no disagreements with
E&Y on any matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedures, which disagreements, if not resolved
to the satisfaction of E&Y would have caused it to make reference to such
disagreements in its reports.
The Company has authorized E&Y to discuss any matter relating to the
Company and its operations with Watson.
The change in the Company's auditors was recommended and approved by the
board of directors of the Company. The Company does not have an audit committee.
During the two most recent fiscal years and subsequent interim periods,
the Company did not consult Watson regarding the application of accounting
principles to a specified transaction, either completed or proposed, or the type
of audit opinion that might be rendered on the Company's financial statements,
or any matter that was the subject of a disagreement or a reportable event.
Watson has reviewed the disclosures contained in this 8-K report. The
Company has advised Watson that it has the opportunity to furnish the Company
with a letter addressed to the Securities and Exchange Commission concerning any
new information, clarifying the Company's disclosures herein, or stating any
reason why Watson does not agree with any statements made by the Company in this
report. Watson has advised the Company that nothing has come to its attention
which would cause it to believe that any such letter was necessary.
Item 5. Other Events
On February 25, 2000, the shareholders of the Company approved a proposal
to change the name of the Company from Autoeye Inc. to forestindustry.com, Inc.
The new ticker symbol for the Company's common stock on the OTCBB is "FXCH".
Item 7. Financial Statements, Pro Forma Financial Information
(a) Not Applicable
(b) Not Applicable
(c) Exhibits
<PAGE>
3.1 Certificate of Amendment to the Articles of Incorporation of the Registrant
16.1 Letter from former auditors confirming information in Item 4
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.
Date: March 7, 2000
forestindustry.com, Inc.
By: /s/ Joe Perraton
Joe Perraton
President
AUTOEYE, Inc.
Amendment
to the
Certificate of Incorporation
Pursuant to the provisions of the Delaware General Corporation Law,
Autoeye, Inc. adopts the following Amendment to its Certificate of
Incorporation:
The following amendment was adopted on February 25, 2000. Such amendment
was adopted by a vote of the shareholders. Notice of the Meeting of Shareholders
at which the amendment was adopted was given in accordance with Section 222 of
the Delaware General Corporation Law. The number of shares voted for the
amendment was sufficient for approval pursuant to Section 242 of the Delaware
General Corporation Law.
Amendment
Article I of the Certificate of Incorporation is amended to read as
follows:
The name of the Corporation is forestindustry.com Inc.
AUTOEYE, Inc.
By ___________________________
Date: February 25, 2000 Andrew Hromyk
Secretary and a Director
March 7, 2000
PRIVATE & CONFIDENTIAL
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C., 20549
Dear Sir/Madam:
We have read Item 4 of Form 8-K dated February 24, 2000, of
forestindustry.com, Inc. (formerly Autoeye Inc.) and are in agreement with the
statements contained in the first paragraph therein. We have no basis to agree
or disagree with other statements of the registrant contained therein.
Very truly yours,
/s/ Ernst & Young
Ernst & Young
cc: Mr. Joe Perraton, President, forestindustry.com, Inc.
