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 24, 2000
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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
000-26751 98-0178674
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(Commission File Number) (IRS Employer Identification No.)
900-1281 West Georgia Street, Vancouver, B.C. V6E 3J7
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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)
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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
On October 24, 2000, the Board of Directors of CyPost Corporation (the
"Company") decided not to re-engage the services of Arthur Andersen LLP as the
Company's auditors, and to engage Hollander, Lumer & Co. LLP as the Company's
independent auditors, effectively immediately.
The report of Arthur Andersen LLP on the consolidated financial statements
of the Company and subsidiaries for the year ended December 31, 1999 did not
contain an adverse opinion or disclaimer of opinion, nor was the report
qualified or modified as to audit scope or accounting principles. However, the
accountant's report on the Company's consolidated financial statements for the
year ended December 31, 1999 was modified as to an uncertainty with an
explanatory paragraph with respect to the Company's ability to continue as a
going concern.
There were no disagreements with Arthur Andersen LLP as of the date of
their report, whether or not resolved, on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or procedure, which,
if not resolved to Arthur Andersen LLP's satisfaction, would have caused such
firm reference to the subject matter of the disagreement(s) in connection with
their report.
The Company has provided Arthur Andersen LLP a copy of this Current Report
on Form 8-K and has requested Arthur Andersen LLP to furnish a letter addressed
to the Securities and Exchange Commission (the "Commission") stating whether it
agrees with the statements made by the Company herein and, if not, stating the
respects in which it does not agree.
Item 7. Financial Statements and Exhibits
Exhibit 1. Letter dated October 31, 2000 from Arthur Andersen LLP
Addressed to the Commission.
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.
CYPOST CORPORATION
Date: October 31, 2000 By: /s/ Robert Adams
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President
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