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) MAY 30, 2000
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GLOBALNET, INC.
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(Exact name of registrant as specified in charter)
NEVADA 000-27469 87-0635536
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(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1919 SOUTH HIGHLAND AVENUE, SUITE 125-D, LOMBARD, IL 60148
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (630) 652-1300
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N/A
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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 May 30, 2000, the Registrant selected KPMG LLP ("KPMG") to serve as
its independent public accountants for fiscal 2000 and, accordingly, terminated
Andersen Andersen & Strong ("Andersen"). The decision to engage KPMG and
terminate Andersen was approved by the Audit Committee and the Board of
Directors of the Registrant.
Andersen's reports on the Registrant's consolidated financial
statements for the most recent fiscal year did not contain an adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope or accounting principles. During the most recent fiscal year and
through May 30, 2000, there was no disagreement with Andersen regarding any
matter of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, which disagreement, if not resolved to the
satisfaction of Andersen, would have caused Andersen to make reference thereto
in their reports.
The Registrant has requested that Andersen furnish it with a letter
addressed to the Securities and Exchange Commission stating whether or not it
agrees with the above statements. A copy of such letter, dated October 10, 2000
is filed as Exhibit 99.1 to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No. Exhibit 99.1
Letter from Andersen Andersen & Strong
Exhibit 99.2
Press Release
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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 thereunto duly authorized.
GLOBALNET, INC.
(Registrant)
Date: October 31, 2000 By: /s/ Pere Valles
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Pere Valles
Vice President and
Chief Financial Officer
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