UNITED STATES
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) May 12, 2000
------------
Transnational Financial Network, Inc.
- --------------------------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)
California 1-14219 94-2964195
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission File (I.R.S.Employer
of incorporation) Number) Identification No.)
401 Taraval Street, San Francisco, CA 94116
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code: (415) 242-7800
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant.
On May 12, 2000, the registrant's board of directors named Grant Thornton LLP
(the "Accountant") as the accountant to audit Transnational Financial Network,
Inc. (the "Company") for the fiscal year 2000. Neither the Company nor anyone
acting on behalf of the Company consulted the new accountant regarding the
application of accounting principles to a specific completed or contemplated
transaction, or the type of audit opinion that might be rendered on the
Company's financial statements. No written or oral advice was provided by Grant
Thornton that was an important factor considered by the Company in reaching a
decision as to accounting, auditing or financial reporting issues.
The Company has not consulted its former accountant, Deloitte & Touche LLP,
regarding any such issues.
<PAGE>
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, thereby
duly authorized.
Date: May 16, 2000
Transnational Financial Corporation
/s/ Joseph Kristul
-----------------------------------
Joseph Kristul, President