UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 reported) August 1, 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 (Comission (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)
Registrant's telephone number, including area code(941)542-8999
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______________________________________________________________
(Former name or former address, if changed since last report)
CONTENTS
Item 1. Changes in Control of Registrant.
Not applicable.
Item 2. Acquisition of Dispostition of Assets.
Not applicable.
Item 3. Bankruptcy or Receivership.
Not applicable.
Item 4. Changes in Registrant's Certifying Accountant
On July 28, 2000, Whitney Information Network, Inc. replaced its
auditor, Larry Legel, CPA, Ft. Lauderdale, Florida with
BDO Seidman, Miami, Florida, effective August 17, 2000.
The reason for the change in Registrant's Certifying Accountant
was to engage the services of a larger firm to prepare the annual
audit reports.
A letter was sent to the SEC on August 1, 2000 by
Larry Legel, CPA, in which Larry Legel, CPA, acknowledged the
aforesaid change as being made solely because of the Company's
desire to have a larger independent certified public accounting
firm; and further stated that the reports on the financial
statements of the Company by Larry Legel, CPA, over the past
two years contain no adverse opinion or disclaimer of opinion
and were not qualified or modified as to uncertainty, audit scope
or accounting principles; and further stated that during the
Company's two most recent fiscal years and the subsequent interim
period preceding the dismissal of Larry Legel, CPA, there were no
disagreements with Larry Legel, CPA, on any matter of accounting
principles or practices, financial statements, disclosure, or
auditing scope, or procedure.
The change was approved by the Board of Directors on
July 28, 2000, effective August 17, 2000.
Item 5. Other Events.
Not applicable.
Item 6. Resignation of Registrant's Directors.
Not applicable.
Item 7. Financial Statements and Exhibits.
Not applicable.
Item 8. Change in Fiscal Year.
Not applicable.
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: August 1, 2000
August 1, 2000
Securities & Exchange Commission
450 Fifth Street N.W.
Washington, DC 20549
re: Whitney Information Network, Inc. SEC No. 000-27403
Form 8-K required letter.
Replacement of auditor.
Securities and Exchange Commission:
In accordance with Item 304 of Regulation S-B, Whitney
Information Network, Inc., a corporation incorporated
within the State of Colorado, has made, pursuant to approval
by the board of Directors of the Company, the following
statements that I agree with:
A: The independent certified public accounting
firm for the Company, Larry Legel, CPA, has been dismissed
due to the Company's desire to engage a larger certified
public accounting firm. Accordingly, the dismissal was
necessary in order for the Company to retain BDO Seidman,
Miami, Florida, as the Company's independent certified
public accountants. The dismissal was made July 28, 2000,
effective August 17, 2000.
B: (i) Larry Legel was dismissed solely because
of the Company's desire to have a larger independent
certified public accounting firm.
(ii) The reports on the finanical statements
of the Company by Larry Legel over the past two years
contain no adverse opinion or disclaimer of opinion and were
not qualified or modified as to uncertainty, audit scope, or
accounting principles.
(iii) The decision to change accountants was
approved by the Board of Directors of the Company on
July 28, 2000, effective August 17, 2000.
(iv) During the Company's two most recent fiscal
years and any subsequent interim period preceding the dismissal
of Larry Legel, there were no disagreements with Larry Legel on
any matter of accounting principles or practices, financial
statements, disclosure, or auditing scope, or procedure.
(v) No reportable events referred to in Item 304(a)(v)
of regulation S-K occurred during the two years prior to the
dismissal of Larry Legel.
(1) BDO Seidman has been engaged effective August
17, 2000. The Company did not consult with BDO Seidman on any
matter during the two most recent fiscal years or any subsequent
interim period prior to engaging BDO Seidman.
(2) The Company has requested that Larry Legel
issue this letter and Larry Legel has furnished the Company with
this letter addressed to the Commission stating that he agrees with
the foregoing statements made by the Company.
/s/ Larry Legel, CPA
Larry Legel, CPA
Date: August 1, 2000
c: Whitney Information Network, Inc.
BDO Seidman
