EMC ENERGIES, INC. 8-K
U. S. Securities and Exchange Commission
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
September 30, 1999
Commission File No. 0-5391
EMC ENERGIES, INC.
(Name of Small Business Issuer in its Charter)
WYOMING 83-0210365
(State or Other Jurisdiction of (I.R.S. Employer I.D. No.)
incorporation or organization)
4685 S. HIGHLAND DR, SUITE 202
SALT LAKE CITY, UT 84117
(Address of Principal Executive Offices)
Issuer's Telephone Number: (801)274-1011
Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Sections 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the Registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.
(1) Yes X No (2) Yes X No
---- ---- ---- ----
Item 4. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.
McGladrey & Pullen, Certified Public Accountants located in Casper, Wyoming,
audited the financial statements of EMC Energies, Inc. for the years ended
June 30, 1990 and 1989. McGladrey & Pullen was dismissed by management on
November 29, 1999, as a result of engaging another local auditor for the
Company, David T. Thomson.
David T. Thomson, P.C., Certified Public Accountant located in Salt Lake
City, Utah, audited the financial statements of EMC Energies, Inc. for the
years ended June 30, 1998, and June 30, 1999. Mr. Thomson was engaged by the
Company on September 30, 1999.
The decision to change accountants was approved by the board of directors.
There were no disagreements between the Company and McGladrey & Pullen,
whether resolved or not resolved, on any matter of accounting principles or
practices, financial statement disclosure or auditing, scope or procedure
which, if not resolved, would have caused them to make reference to the
subject matter of the disagreement in connection with their reports.
The Reports of McGladrey & Pullen for the years 1990 and 1989 did not contain
any adverse opinions or disclaimers of opinion, but were modified as to
uncertainty, audit scope or accounting principles as follows:
Note 13 to the audited financial statements of EMC Energies, Inc. for the
year ended June 30, 1989, and Note 11 to the audited financial statements of
EMC Energies, Inc. for the year ended June 30, 1990 addressed "Continued
Existence" uncertainties, which stated, in part, "Substantial uncertainty
exists as to the Company's ability to continue future operations comparable
to those of the past." Management does not disagree with this statement.
Management did not consult David T. Thomson, P.C. regarding the application
of accounting principles to a specific completed or contemplated transaction
or the type of audit opinion that might be rendered, nor concerning any
matter
that was the subject of any disagreement or event.
ExhibitsDescription
- -------- -----------
EX-16 Letter regarding change of 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.
EMC ENERGIES, INC.
Date: 12-20-99 By /S/ Jennifer Ngo
President and Director
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
We were previously the independent accountants for EMC Energies, Inc. and on
September 26,1990 we reported on the financial statements of EMC Energies,
Inc. as of and for the years ended June 30, 1999 and 1989. We have not
performed any audit services for EMC Energies, Inc. since 1990. On November
29, 1999, we were notified that other auditors were engaged as independent
accountants of EMC Energies, Inc. for 1998 and 1999. We have read EMC
Energies, Inc.'s statements included under Item 4 of its December 20, 1999
Form 8-K and we agree with such statements.
/s/ McGladry & Pullen LLP
Casper, Wyoming
December 20, 1999
