UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
Amendment No. 3
TO
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest reported) November 20, 2000
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WHITNEY INFORMATION NETWORK, INC.
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(Exact name of registrant as specified in its chapter)
COLORADO 000-27403 84-1475486
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
4818 Coronado Parkway, Cape Coral, Florida 33940
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(Address of principal executive offices) (Zip code)
Registrants telephone number, including area code(941)542-8999
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______________________________________________________________
(Former name or former address, if changed since last report)
ITEM 4. CHANGES IN REGISTRANTS CERTIFYING ACCOUNTANT
A. This Amendment No. 3 to the November 20, 2000 filing of Form
8-K is filed for the purpose of reporting the receipt of a letter
from the accounting firm of BDO Seidman, Miami, Florida.
B. The aforesaid letter from BDO Seidman, LLP dated
December 4, 2000 was sent to the SEC and to Whitney
Information Network, Inc.
BDO Seidman, LLP
Accountants and Consultants
International Place
100 S.E. 2nd Street, Suite 2200
Miami, Florida 33131
Telephone: (305) 381-8000 Fax: (305) 374-1135
Voice Mail: (305) 381-7832
December 4, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
We have been furnished with copies of the response to Item 4 on
Form 8-K, Form 8-K Amendment No. 1 and Form 8-K Amendment No. 2
for the event that occurred on November 14, 2000, which were filed
on November 21, 2000, November 22, 2000 and November 29, 2000,
respectively, by our former client, Whitney Information Network,
Inc. (Whitney). We do not disagree with the disclosure made in
responses to that item, insofar as it relates to our Firm, except
for as follows:
With respect to November 21, 2000 filing of Form 8-K, we believe
that Whitney omitted that an accounting disagreement remains
unresolved as more fully described below:
1. On October 20, 2000 we orally communicated to Whitney that
after a comprehensive review and analysis of the Companys
accounting for advertising costs, we disagreed with the Companys
accounting practices for advertising costs, and that unless they
provided factual support for their method of accounting or
corrected their method of accounting for advertising costs for
financial statements of all fiscal years and interim periods
previously filed with the Commission, we would be unable to
perform a review of Whitneys financial statements for the nine
months ended September 30, 2000 nor perform an audit for the
year ended December 31, 2000.
With respect to the Form 8-K Amendment No. 2, Item 4(D)2, we
further disagree with Whitneys statement that there have been
no disagreements with BDO Seidman, LLP on any matter of
accounting principles or practices as more fully described above.
We have insufficient information to agree or disagree with
Whitneys statement in the second paragraph of Item 4(D)2 to the
Form 8-K Amendment No. 2 regarding any conclusions reached
between Larry Legel and any meeting between the Company and the
SEC on November 17, 2000.
Very truly yours,
/s/ BDO Seidman, LLP
BDO Seidman, LLP
cc: Ronald S. Simon
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.
WHITNEY INFORMATION NETWORK, INC.
/s/ Ronald S. Simon
Ronald S. Simon
Secretary/Treasurer, Chief Financial Officer
and a member of the Board of Directors
Date: December 8, 2000
