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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
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 7, 1999
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Central American Equities Corp.
(Exact name of registrant as specified in its chapter)
Florida 0-24185 65-0636168
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(State or other jurisdiction Commission IRS Employer
of incorporation) File Number Identification No.
19200 Von Karman, Suite 850, Irvine, CA 92612
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
949-757-0222
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(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant.
At a board of directors meeting held on July 7, 1999 of which a quorum was
present, the Board of Directors of Central American Equities Corp. accepted the
resignation of Steven J. Gannuscio as its Certified Accountant for the fiscal
years ended December 31, 1997 and December 31, 1998. Mr. Gannuscio resigned
because he did not hold the proper credentials to file audited reports with the
Securities and Exchange Commission.
During the past two years, Mr. Gannuscio was the principal accountant for
Central American Equities Corp. At no time did Mr. Gannuscio's financial
statements contain an adverse opinion or disclaimer of opinion or was modified
as to uncertainty, audit scope, or accounting principles. Nor were there any
disagreements with Mr. Gannuscio on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure.
On July 7, 1999, Central American Equities Corp. engaged Pinkham and Pinkham,
P.C. Certified Public Accountants as the principal accountant for the company.
Central American Equities Corp. has authorized Mr. Gannuscio to respond fully to
the inquiries of the successor accountant. On October 15, 1999, Pinkham and
Pinkham, P.C. issued an independent audit of Central American Equities Corp.
This new audit was filed on October 19, 1999 with the SEC as Item 7 of Form
10-KSB/A.
Item 7. Exhibits
16. Letter from former accountant indicating agreement with the statements in
this filing.
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.
Central American Equities Corp.
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(Registrant)
Date: October 28, 1999
/s/ Michael N. Caggiano
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Michael N. Caggiano
President and CEO
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STEPHEN J. GANNUSCIO
PUBLIC ACCOUNTANT
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246 CLIFTON AVENUE
ROOM 20 - FLOOR 2
CLIFTON, NEW JERSEY 07011
TELEPHONE: (973) 478-6188
FACSIMILE: (973) 478-6178
October 29, 1999
United States Securities & Exchange Commission
Washington, D.C. 20549
RE: CENTRAL AMERICAN EQUITIES CORPORATION
FORM 8-K/A
Dear Sir/Madam:
Please be advised that I have been provided with a copy of Form 8-K/A
for Central American Equities Corporation notifying the commission of a change
in the company's certifying accountant.
Be advised that I have read the above filing and in accordance with
Item 304(a) I hereby represent that I agree with the statements made in such
filing. I make this representation in the capacity of the former accountant of
Central American Equities Corporation.
Should you have any questions, please do not hesitate to contact me
directly.
Very truly yours,
/s/ Stephen J. Gannuscio
STEPHEN J. GANNUSCIO
