FORM 8-K
(As last amended in Release No. 33-7505,
effective January 1, 1999, 63 F.R. 9632)
SECURTIES EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act 1934
Date of Report (Date of earliest event reported) OCTOBER 18, 1999
(Exact name of registrant as specified in it's charter)
AMERI-CAN RAILWAY SYSTEMS, INCORPORATED
(State or other jurisdiction (Commission file (IRS Employer
of incorporation) Number) Identification No.)
NEW HAMPSHIRE 0-25967 14-1805077
(Address of principal executive offices) (Zip code)
100 WALNUT STREET CHAMPLAIN, NEW YORK 12919
518-298-2042
Registrant's telephone number, Including area code
NO CHANGE SINCE LAST REPORT
(Former name or former address, if changed since last report.)
<PAGE>
Item 4. Changes in Registrant's certifying Accountants
Effective October 18, 1999, Ameri-can Railway Systems,
Incorporated (the " Registrant") has engaged the accounting
firm of BDO Seidman, LLP as independent certified public
accountants for the Registrant. Previously, the Registrant
had engaged the accounting firm of Feldhammer / Fishman. The
Registrant advised the former accountant of its decision to
dismiss them on September 23, 1999. The decision to change
accountants was approved by the board of directors
Since inception of the company and any subsequent
interim period prior to the dismissal of Feldhammer /
Fishman, there were no reports on the financial statements
of the Registrant containing any adverse opinion, or
disclaimer of opinion, no such reports were qualified or
modified as to uncertainty, audit scope, or accounting
principles, except for the report on the financial
statements for the period from inception to January 31,
1999, which was modified as to a going concern uncertainty.
There were no disagreements with the former accountant on
any matter of accounting principles or practices, financial
statement disclosure, or auditing scope of procedure, which
disagreement, if not resolved to the satisfaction of the
former auditor, would have caused them to make reference to
the subject matter of the disagreement in connection with
its report. The company has authorized the former
accountant to respond fully to the inquires.
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.
(Registrant)
AMERI-CAN RAILWAY SYSTEMS,
INCORPORATED
Date: October 18, 1999 (Signature)
By: Sydney A. Harland
Sydney A. Harland
Chairman & CEO.
<PAGE>
Exhibit
Number 16 Description
Letter from Feldhammer / Fishman , the
Registrant's former independent accountant to
Ameri-can Railway Systems, Incorporated.
Letter form Feldhammer / Fishman, sent to the
Securities Exchange Commission.
F E L D H A M M E R
F I S H M A N
C 0 M P T A B L E S A G R E E S
C H A R T E R E D A C C 0 U N T A N T S
To the Directors of Ameri-Can Railway Systems Incorporated,
September 24, 1999
Mr. Sydney Harland
Chairman & CEO
100 Walnut Street
Champlain, New York 12919
Dear Mr. Harland:
This is to confirm that the client-auditor relationship between
Ameri-can Railway Systems, Incorporated ( Commission File Number
0-25967 ) and Feldhammer / Fishman has ceased.
Sincerely,
/s/ Feldhammer Fishman
Feldhammer Fishman S.E.N.C.
5050 De Sorel, Suite 110, Montreal, Quebec, Canada H4P 1G5
Tel. (514) 735-5375 Fax: (514) 738-8137 Internet:[email protected]
F E L D H A M M E R
F I S H M A N
C 0 M P T A B L E S A G R E E S
C H A R T E R E D A C C 0 U N T A N T S
To the Directors of Ameri-Can Railway Systems Incorporated,
September 24, 1999
Securities and Exchange Commission
450 5th Street N.W.
Washington, D.C. 20549
Gentleman:
We have been furnished with a copy of the response to item 4 of
form 8-K for the event that occurred on September 24, 1999, to be
filed by our former audit client, Ameri-can Railway Systems,
Incorporated. We agree with the statements made in response to
that item insofar as they relate to our Firm.
Very truly yours,
/s/ Feldhammer Fishman
Feldhammer Fishman S.E.N.C.
5050 De Sorel, Suite 110, Montreal, Quebec, Canada H4P 1G5
Tel. (514) 735-5375 Fax: (514) 738-8137 Internet:[email protected]
