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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
October 26, 1999
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(Date of Report - date of earliest event reported)
Virtual Technology Corporation
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(Exact name of registrant as specified in charter)
Minnesota 000-25397 41-1639011
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(State or other jurisdiction of (Commission File No.) (IRS Employer
incorporation or organization) Identification No.)
3100 West Lake Street, Suite 400, Minneapolis, MN 55416
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(Address of principal executive offices)
(612) 915-1122
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(Registrant's telephone number, including area code)
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(Former Name and Address)
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ITEMS 1 THROUGH 3 AND ITEMS 5, 6, 8, AND 9 ARE NOT APPLICABLE AND ARE THEREFORE
OMITTED.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
The Registrant has dismissed its principal accounting firm, Lurie,
Besikof, Lapidus & Co., LLP ("Lurie"), and engaged a new firm,
PricewaterhouseCoopers LLP, both effective as of October 26, 1999. The decision
to change accountants has been approved by the Registrant's Board of Directors.
Lurie's report on the financial statements of the Registrant for each
of the past two years has not contained an adverse opinion or disclaimer of
opinion, nor been qualified or modified as to uncertainty, audit scope or
accounting principles.
There have been no disagreements with Lurie on any matter of accounting
principles or practice, financial statement disclosure or auditing scope or
procedure.
ITEM 7. EXHIBITS AND FINANCIAL STATEMENTS
(c) Exhibits:
16. Letter dated October 27, 1999 from Lurie, Besikof, Lapidus & Co.,
LLP.
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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, thereunto duly authorized.
Dated: October 26, 1999
VIRTUAL TECHNOLOGY CORPORATION
By:/s/ Kenneth Israel
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Kenneth Israel, Chairman
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EXHIBIT 16
LETTER FROM LURIE, BESIKOF, LAPIDUS & CO., LLP
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[Letterhead of Lurie, Besikof, Lapidus & Co., LLP]
October 27, 1999
U.S. Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Re: Virtual Technology Corporation
Ladies and Gentlemen:
We have reviewed a copy of the Form 8-K being filed by Virtual
Technology Corporation that relates to our dismissal as the independent
accountants for such Registrant and agree with the statements made therein by
the Registrant in response to Item 304(a) of Regulation S-K.
Very truly yours,
/s/ Lurie, Besikof, Lapidus & Co., LLP
