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) July 20, 1999
Blue Ridge Real Estate Company
Big Boulder Corporation
(Exact name of registrant as specified in its charter)
0-28-44 (Blue Ridge) 24-0854 342 (Blue Ridge)
Pennsylvania 0-28-43 (Big Boulder) 24-0822326 (Big Boulder
(State of other (Commission File Number) (IRS Employer Identification Number)
jurisdiction
of incorporation)
P. O. Box 707, Blakeslee, Pennsylvania 18610-0707
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (570) 443-8433
Not applicable
(Former name or former address, if changed since last report)
Under a Security Combination Agreement between Blue Ridge Real Estate Company
("Blue Ridge") and Big Boulder Corporation ("Big Boulder") (referred to as the
"Corporations") and under the by-laws of the Corporations, shares of the
Corporations are combined in unit certificates, each certificate representing
the same number of shares of each of the Corporations. Shares of either of the
Corporations may be transferred only together with an equal number of shares of
the other Corporation. For this reason, a combined Blue Ridge/Big Boulder Form
8-K is being filed. Except as otherwise indicated, all information applies to
both Corporations.
<PAGE>
Item 4. Changes in Registrant's Certifying Accountants.
Effective July 20, 1999 the Registrant dismissed PricewaterhouseCoopers LLP
("PwC") as its independent accountants. The action was recommended and approved
by the audit committee of the Registrant subject to ratification by the
Registrant's board of directors. Ratification by the board of directors is
expected at its October 6, 1999 meeting.
PwC's reports on the Registrant's financial statements for the past two
years contained no adverse opinion or disclaimer of opinion, and were not
qualified or modified as to uncertainty, audit scope or accounting principle.
During the most recent two fiscal years and the subsequent interim periods
preceding July 20, 1999, there were no disagreements between the Registrant and
PwC on any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if not resolved
to the satisfaction of PwC, would have caused them to make a reference to the
subject matter of the disagreements in connection with their reports on the
financial statements.
The Registrant has provided a copy of this disclosure to PwC in compliance
with the provisions of Item 304 (a) (3) of Regulation S-K.
The Registrant engaged Parente, Randolph, Orlando, Carey & Associates
("PROC") to act as its independent accountants. The action was recommended and
approved by the audit committee of the Registrant. The Registrant did not
consult with PROC regarding any issues required to be disclosed under Rule 304
(a) (2) of Regulation S-K during the Registrant's most recent two fiscal years
or during any subsequent interim period.
Exhibit 16.1 Letter from PricewaterhouseCoopers to Securities and Exchange
Commission.
<PAGE>
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934,
each of the Corporations has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Blue Ridge Real Estate Company
Date: October 7, 1999 By: /s/ Gary A. Smith
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Gary A. Smith
President
Big Boulder Corporation
Date: October 7, 1999 By: /s/ Gary A. Smith
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Gary A. Smith
President
<PAGE>
Exhibit 16.1
Accountants Letter
September 30, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Commissioners:
We have read the statements made by Blue Ridge Real Estate Company and Big
Boulder Corporation (copy attached), which we understand will be filed with the
Commission, pursuant to Item 4 of Form 8-K, as part of the Companies' Form 8-K
report dated July 20, 1999. We agree with the statements concerning our Firm in
such Form 8-K.
Very truly yours,
By: /s/PricewaterhouseCoopers LLP
