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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
August 10, 1999
FINANCIALWEB.COM, INC.
Nevada (commission file #) 93-1202428
201 Park Place
Suite 321
Altamonte Springs, Florida 32701
(407)834-4443
(Registrant's telephone number)
FinancialWeb.com, Inc.
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(Exact name of registrant as specified in its charter)
NEVADA (Commission File #) 93-1202428
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
201 Park Place
Suite 321
Altamonte Springs, FL 32701
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (407)834-4443
N/A
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(Former name or former address, if changed since last report)
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August 10, 1999 Page 2 of 4
Item 4. Changes in Registrant's Certifying Accountant
On August 10, 1999, the Registrant notified Jere Lane, CPA that his
services as the Registrant's independent auditor were concluded as of
August 10, 1999.
The Registrant and Jere Lane have not, in connection with the audit of
the Registrant's financial statements for each of the prior two years ended
December 31, 1997 and December 31, 1998 or for any subsequent interim period
prior to and including August 10, 1999, had any disagreement on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreement, if not resolved to Mr. Lane's
satisfaction, would have caused Mr. Lane to make reference to the subject matter
of the disagreement in connection with his reports.
The reports of Mr. Lane on 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, except that the report of Mr. Lane on the Company's
financial statements for the year ending December 31, 1998 included an
explanatory paragraph relating to an uncertainty about the Company's ability to
continue as a going concern.
The decision to change accountants was approved by the Registrant's
board of directors.
On August 10, 1999, the Registrant appointed Deloitte & Touche as its
independent accountant and Deloitte & Touche accepted such appointment.
The Registrant had no relationship with Deloitte & Touche required to
be reported pursuant to Regulation S-K item 304(a)(2) during the two fiscal
periods ended December 31, 1997 and December 31, 1998, or the subsequent
interim period prior to and including August 10, 1999.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
16.1 Letter from Jere Lane regarding his concurrence with the
Registrant's Statement regarding change of accountants.
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Page 3 of 4
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.
FinancialWeb.com, Inc.
Date: August 10, 1999 By: /s/ James Pl Gagel
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James P. Gagel
Executive Vice President
FinancialWeb.com, Inc.
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Page 4 of 4
EXHIBIT 16.1 to FORM 8-K
August 10, 1999
Securities and Exchange Commission
450 Fifth Street, North West
Washington, D.C. 20549
Gentlemen:
I have read Item 4 of Form 8-K dated August 10, 1999, of FinancialWeb.com, Inc.
and I am in agreement with the statements contained in the first three
paragraphs on page 2 therein. I have no basis to agree or disagree with other
statements of the registrant contained therein.
Very truly yours,
/s/ Jere Lane
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Jere Lane, CPA
