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 Report: January 13, 2000
(Date of earliest event reported)
NETWOLVES CORPORATION
(Exact name of registrant as specified in its charter)
New York 000-25831 11-3439392
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
200 Broadhollow Road, Suite 207, Melville, New York 11747
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (516) 393-5016
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(Former name or former address, if changed since last report.)
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Item 4. Changes in Registrant's Certifying Accountant
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(a) On January 13, 2000 the Board of Directors determined to replace Hays &
Company, the Company's independent public accountants for the fiscal year ended
June 30, 1999, with Richard A. Eisner & Co., LLP, which will be the Company's
independent public accountants for its fiscal year ended June 30, 2000.
(b) In connection with the audit for the Company's fiscal years ended June
30, 1999 and 1998 and through the date of this report, there were no
disagreements with Hays & Company on any matters of accounting principles or
practices, financial statement disclosure or auditing scope or procedure, which
agreements, if not resolved to their satisfaction, would have caused it to make
a reference to the subject matter of the disagreement in connection with its
report.
(c) The report of Hays & Company for the years ended June 30, 1999 and 1998
do not contain an adverse opinion or a disclaimer of opinion, or a qualification
or modification as to uncertainty, audit scope or accounting principles.
(d) The Company has not had any discussions nor received any written
opinion or oral advice from Richard A. Eisner & Co., LLP during the two most
recent fiscal years and any subsequent interim period with respect to either the
application of accounting principles to a specified transaction, either
completed or proposed, or as to the type of audit opinion that might be rendered
on the registrant's financial statements.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits
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Letter from Hays & Company required by Item 304(a)(3) of Regulation
S-K.
Signatures
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
NETWOLVES CORPORATION
/s/ Walter M. Groteke
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Walter M. Groteke, President
Dated: January 13, 2000
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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: NetWolves Corporation
File No. 000-25831
Commissioners:
We have read Item 4 of the Form 8-K of NetWolves Corporation dated January 13,
2000. We agree with statements concerning our Firm in such Form 8-K.
Very truly yours,
s/ Hays & Company
Hays & Company
New York, New York
January 13, 2000
