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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): March 23, 2000
SARATOGA HOLDINGS I, INC.
(Exact name of registrant as specified in its charter)
TEXAS
(State or other jurisdiction of incorporation)
333-68213 74-2896910
(Comission File Number) (IRS Employer Identification No.)
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301 Congress Avenue, Suite 1550
Austin, Texas 78701
(Address of principal executive office, including zip code)
(512) 478-5717
(Registrant's telephone number, including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
The Board of Directors of Saratoga Holdings, I, Inc. (the "Company")
decided that the Company will select a regional accounting firm as the Company's
principal independent accountant to audit the Company's consolidated financial
statements for the 1999 fiscal year; and thus, the Company will not
re-appointment Ernst & Young LLP ("E&Y") as the Company's principal independent
account.
The reports of E&Y on any of the Company's financial statements for the
past two fiscal 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.1
In connection with any audits of the Company's financial statements for
each of the two fiscal years ended December 31, 1997 and December 31, 1998, and
in any subsequent interim period, there were no disagreements with E&Y on any
matters of accounting principles or practices, financial statement disclosure,
or auditing scope and procedures which, if not resolved to the satisfaction of
E&Y would have caused E&Y to make reference to the matter in their report. None
of the reportable events listed in Item 304(a)(1)(v) of Regulation S-K occurred
with respect to the Company and E&Y.
Pursuant to Item 4(a) of Form 8-K and Item 304(a)(3) of Regulation S-K,
the Company has provided E&Y with a copy of this Form 8-K and has requested E&Y
to furnish the Company a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above statements and, if not, to
state the respects in which E&Y does not agree with such statements.
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1 On March 29, 1999, the Board of Directors of the Company's Predecessor
determined not to engage Hein and Associates to audit its consolidated financial
statements as of and for the year ended December 31, 1998 and instead selected
E&Y to provide this service. Thus, E&Y did not become the Predecessor's
independent accountant to audit consolidated financial statements until March
29, 1999.
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SIGNATURE
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.
SARATOGA HOLDINGS I, INC.
(Registrant)
Date: September 26, 2000 By: /s/ Thomas F. Cooke
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Thomas F. Cooke, Chief Executive Officer
