DATAMARINE INTERNATIONAL INC
8-K, 1998-09-22
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
Previous: EIP MICROWAVE INC, 10KSB/A, 1998-09-22
Next: DRS TECHNOLOGIES INC, SC 13G, 1998-09-22




                                 UNITED STATES
                       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 September 22, 1998


                         DATAMARINE INTERNATIONAL, INC.
- -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                     0-8936
- -------------------------------------------------------------------------------
                            (Commission File Number)


             Massachusetts                            04-2454559
- -------------------------------------------------------------------------------
       (State of Incorporation)         (I.R.S. Employer Identification Number)


               7030 220th SW, Mountlake Terrace, Washington 98043
- -------------------------------------------------------------------------------
                    (Address of principal executive offices)


                                 (425)771-2182
- -------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)


<PAGE>


Item 4. Changes in Registrant's Certifying Accountant

On September 17, 1998 the Audit Committee of the Board of Directors voted to
(i) engage Grant Thornton LLP as the independent accountants for Datamarine
International, Inc. and (ii) dismiss PricewaterhouseCoopers LLP as such
independent accountants.

During the fiscal years ended September 28, 1996 and September 27, 1997 and the
subsequent interim period through September 22, 1998 (i) there were no
disagreements with PricewaterhouseCoopers LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedures, which disagreements if not resolved to their satisfaction would
have caused them to make reference thereto in their report on the financial
statements for such years, and (ii) PricewaterhouseCoopers LLP has not advised
the registrant of any reportable events as defined in paragraphs (A) through
(D) of Regulation S-K Item 304 (a)(1)(v).

The accountant's report of PricewaterhouseCoopers LLP on the consolidated
financial statements of Datamarine International, Inc. and subsidiaries as of
and for the years ended September 27, 1997 and September 28, 1996 did not
contain any adverse opinion or disclaimer of opinion, and was not qualified or
modified as to uncertainty, audit scope, or accounting principles.

A letter from PricewaterhouseCoopers LLP is attached as Exhibit 16.

Item 7. Financial Statements and Exhibits

(c)   Exhibits


Exhibit 16.  Letter re change in certifying accountant.


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.

                                            Datamarine International, Inc.
                                                     (Registrant)



Date: September 22, 1998                    /S/ JAN KALLSHIAN
      ------------------                    -----------------------------------
                                                Jan Kallshian
                                                Chief Financial Officer




                                   EXHIBIT 16

                   Letter re change in certifying accountant


PricewaterhouseCoopers LLP (letterhead)
Morris County Financial Center
One Sylvan Way
Parsippany NJ 07054-3894
Telephone (973) 829-9000
Facsimile (973) 829-9313


September 22, 1998

Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549


Commissioners:

We have read the statements made by Datamarine International, Inc. (copy
attached), which we understand will be filed with the Commission, pursuant to
Item 4 of Form 8-K, as part of the Company's Form 8-K for the month of
September 1998. We agree with the statements concerning our Firm in such Form
8-K.


Very truly yours,

/S/ PRICEWATERHOUSECOOPERS LLP
    --------------------------




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission