SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (date of earliest event reported) January 5, 2000
TOUPS TECHNOLOGY LICENISNG, INC.
(Exact name of registrant as specified in its charter)
Florida 000-23897 59-3462501
State or other jurisdiction Commission (IRS Employer
of incorporation) File Number) Identification No.)
7887 Bryan Diary Road, Suite 105, Largo, Florida 33777
(address of principal executive offices)
Registrant's telephone number, including area code: (813)-548-0918
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ITEM 1 Not applicable
ITEM 2 Not applicable
Item 3 Not applicable.
Item 4 On January 5, 2000, Harper, Van Scoik & Company, LLP, the
independent accountant who was previously engaged as the
principal accountant to audit the registrant's financial
statements, resigned. The principal accountant's reports on the
financial statements for the past two 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. The decision to accept the accountant's resignation
was approved by the registrant's board of directors. During the
registrant's two most recent fiscal years and the subsequent
interim period preceding such resignation, there were
disagreements with the former accountant on (a) the amount and
method of valuing certain unregistered and restricted shares of
stock of the registrant that were issued to attract and retain
key employees, to acquire various license agreements and to make
acquisitions and for development needs and (b) the
appropriateness of the method of revenue recognition employed
with respect to a transaction involving related parties. The
board of directors of the registrant discussed the subject matter
of these disagreements with the former accountant, and both
matters were subsequently resolved to the satisfaction of the
former accountant in connection with the former accountant's
audit of the registrant's financial statements for the fiscal
year ended December 31, 1998. The registrant has authorized the
former accountant to respond fully to any inquiries of the
registrant's successor accountant concerning the subject matter
of these disagreements. There were no other disagreements with
the former accountant on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or
procedure, which disagreement(s), if not resolved to the
satisfaction of the former accountant, would have caused it to
make reference to the subject matter of the disagreement(s) in
connection with its report. The registrant has provided the
former accountant with a copy of the disclosures it is making
herein no later than the day that the disclosures are filed with
the Commission and has requested the former accountant to furnish
it with a letter addressed to the Commission stating whether it
agrees with the statements made by the registrant herein and, if
not, stating the respects in which it does not agree.
Item 5 Not applicable
Item 6 Not applicable.
Item 7 Not applicable.
Item 8 Not applicable.
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.
Toups Technology Licensing, Inc.
(Registrant)
Date:February 14, 2000 Leon H. Toups, President
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(Signature)
