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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
Date of Report (Date of earliest event reported) October 15, 1999
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CyPost Corporation
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
Delaware 98-0178674
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(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
101-260 W. Esplanade, N. Vancouver, British Columbia V7M3G7
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(Address of Principal Executive Offices) (Zip Code)
(604) 904-4422
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, If Changed since Last Report.)
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Item 4. Change in Registrant's Certifying Accountant.
The Board of Directors of the Registrant on October 15, 1999 (i) appointed
Arthur Andersen & Co., LLP ("Arthur Andersen") as independent auditor effective
immediately and (ii) accepted the resignation of Thomas P. Monahan, CPA who had
served as the Registrant's independent auditor since its inception.
During the two fiscal years ended December 31, 1997 and 1998, and the
subsequent interim period through March 31, 1999 (i) there were no
disagreements with Mr. Monahan on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures,
which disagreements, if not resolved to his satisfaction, would have caused him
to issue an adverse opinion or disclaimer of opinion, or was qualified or
modified as to uncertainty, audit scope or accounting principles, (ii) there was
no adverse opinion or disclaimer of opinion, or modification as to uncertainty,
audit scope, or accounting principles or practices contained in any of Mr.
Monahan's reports for financial statements for such period, and (iii) Mr.
Monahan has not advised the registrant of any reportable events or disagreements
(as defined in paragraphs (a) through (d) of Item 304 of Regulation S-B).
There was no consultation by the Registrant with Arthur Andersen as to (i)
the application of accounting principles, or (ii) the type of audit opinion that
might be rendered on the Registrant's financial statements.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following Exhibits are included in this Current Report on Form 8-K:
Exhibit Number Description of Exhibit
16 Letter on change in certifying accountant from Thomas P.
Monahan, CPA.
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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.
CyPost Corporation
(Registrant)
Date: October 19, 1999 By: /s/ Steven M. Berry
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Steven M. Berry,
(Chief Executive Officer)
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EXHIBIT 16
THOMAS P. MONAHAN
CERTIFIED PUBLIC ACCOUNTANT
208 LEXINGTON AVENUE
PATERSON, NEW JERSEY 07502
TEL. (973) 790-8775
October 19, 1999
Mr. Steven Berry, Chief Executive Officer
CyPost Corporation
101-260 W. Esplanade, N. Vancouver
British Columbia
I have previously acted as independent auditor for CyPost Corporation
since its inception but have tendered my resignation as independent auditor.
I have received and reviewed the Form 8-K dated October 19, 1999,
reporting in Item 4 the change in independent auditor attendant to my
resignation and the appointment of Arthur Andersen & Co., LLP as the Company's
new independent auditor.
I have reviewed Item 4 of such Form 8-K and have no disagreements with the
statements made therein by the Registrant.
Respectfully submitted,
/s/ Thomas P. Monahan
Certified Public Accountant