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 Event Requiring Report: October 17, 2000
GOLDEN OPPORTUNITY DEVELOPMENT CORPORATION
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(Exact Name of Registrant as Specified on its Charter)
000-27961 87-0067813
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(Commission File Number) (IRS Employer Identification Number)
NEVADA
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(State or Other Jurisdiction of Incorporation or Organization)
268 West 400 South, Suite 300
Salt Lake City, Utah 84101
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(Address of Principal Executive Offices)
(801) 575-8073
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(Registrant's Telephone Number, Including Area Code)
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ITEM 4. Changes in Registrant's Certifying Accountant
On October 17, 2000, Golden Opportunity Development Corporation ("the Company")
retained Mantyla McReynolds of Salt Lake City ("Mantyla"), to be the principal
accountant engaged to audit the Company's financial statements. This change
replaces the firm of Crouch, Bierwolf & Chisholm of Salt Lake City ("CBC"), who
was dismissed on October 17, 2000, as the Company's principal accountant and
auditor. The Company had a good relationship with CBC, but determined that it
needed the services of a larger firm. Accordingly, the Company's board of
directors approved the engagement of Mantyla as the principal accountant.
The audit reports of CBC on the Company's financial statements for the fiscal
year ending December 31, 1999 did not contain any adverse opinion or disclaimer
of opinion, nor were they qualified or modified as to uncertainty, audit scope,
or accounting principles, except such reports included an explanatory paragraph
for a going concern uncertainty.
In connection with the audits of the fiscal year ending December 31, 1999 and
the subsequent interim periods through June 30, 2000, and up to October 17, the
date of CBC's termination, the Company had no disagreements with CBC on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedures, which disagreements, if not resolved to their
satisfaction, would have caused CBC to make reference in connection with their
opinion to the subject matter of the disagreement. In addition, during that time
there were no reportable events (as defined in Item 304(a)(1)(iv) of Regulation
S-B).
During the fiscal year ending December 31, 1999, and the subsequent interim
period through June 30, 2000, and through October 17, 2000, the date of
termination, and prior to Mantyla's appointment, the Company did not consult
with Mantyla regarding the application of generally accepted accounting
principles to a specific transaction, either proposed or completed, or the type
of audit opinion that might be rendered on the Company's consolidated financial
statements. Since there were no disagreements or reportable events (as defined
in Item 304(a)(2) of Regulation S-B), the Company did not consult Mantyla in
respect to these matters during that time.
The Company provided Mantyla with a copy of this report prior to filing it with
the SEC. The Company requested that Mantyla furnish the Company with an
engagement letter stating whether Mantyla agrees with the above statements. A
copy of that engagement letter dated October 17, 2000 is filed as Exhibit 16(i)
to this Form 8-K.
The Company also supplied CBC with a copy of this report prior to its filing
with the SEC. The Company requested CBC to supply it with a letter regarding
whether CBC agrees with statements contained herein. A copy of CBC's letter
dated October 17, 2000 is filed as Exhibit 16 (ii) to this Form 8-K.
ITEM 7. Financial Statements and Exhibits
The following exhibit(s) are included as part of this report:
EXHIBIT PAGE
NO. NO. DESCRIPTION
16(i) * Engagement letter from Mantyla McReynolds dated October 17,
2000 relating to its retention as the Registrant's
independent auditors.
16(ii) * Letter from Crouch, Bierwolf and Chisholm dated October 17,
2000 stating that it has reviewed the Form 8-K and has no
objection to the statements made within it.
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Pursuant to the requirement of the Securities Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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.
Dated: October 17, 2000
Golden Opportunity Development Corporation
By: /s/ Richard D. Surber
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Richard D. Surber, President
