GLOBALNET INC
8-K/A, 2000-11-21
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549




                                   FORM 8-K/A

                                 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
                                                 -------------------------------


                                 GLOBALNET, INC.
--------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)


             NEVADA                   000-27469                87-0635536
--------------------------------------------------------------------------------
  (State of other jurisdiction       (Commission              (IRS Employer
        of incorporation)           File Number)           Identification No.)


1919 SOUTH HIGHLAND AVENUE, SUITE 125-D, LOMBARD, IL                    60148
--------------------------------------------------------------------------------
(Address of principal executive offices)                             (Zip Code)


Registrant's telephone number, including area code (630) 652-1300
                                                   -----------------------------


                                       N/A
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)



<PAGE>


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 two most  recent  fiscal  years 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 two most recent
fiscal years 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 November 15, 2000
is filed as Exhibit 99.3 to this Current Report on Form 8-K/A.

ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS

         (c)      Exhibits

                  Exhibit No.       Exhibit 99.3
                                    Letter from Andersen Andersen & Strong



<PAGE>


                                   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: November 21, 2000                     By    /s/ Pere Valles
                                              ----------------------------------
                                                 Pere Valles
                                                 Vice President and
                                                 Chief Financial Officer




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