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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 (Date of earliest event reported): October 5, 2000
SUNGLOBE FIBER SYSTEMS CORPORATION
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(Exact name of registrant as specified in its charter)
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<S> <C> <C>
Nevada 2-70345-NY 88-0182534
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(State or other jurisdiction of (Commission File (IRS Employer
incorporation) Number) Identification No.)
1550 Sawgrass Corporate Parkway, Suite 370 Sunrise, Florida 33323
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(Address of principal executive offices) (Zip Code)
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Registrant's telephone number, including area code (954) 838-0527
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Item 4. Changes in Registrant's Certifying Accountant.
On October 5, 2000, we retained the accounting firm of Grant Thornton
LLP to audit and report on our consolidated financial statements. Our Board of
Directors approved this action.
We had recently engaged Grant Thornton LLP to report on the financial
statements of our subsidiary, SG Fiber Co. (formerly known as SunGlobe Fiber
Systems Corporation), as of June 30, 2000 and for the period from March 3, 2000
(date of inception) through June 30, 2000 and also to review unaudited pro forma
financial information giving effect to the merger of TimeOne, Inc., our
predecessor corporation, and SG Fiber Co. in connection with our Form 8-K/A,
filed on September 19, 2000, relating to the acquisition of SG Fiber Co.
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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 hereunto duly authorized.
SUNGLOBE FIBER SYSTEMS CORPORATION
By: /s/ Barry H. Pasternak
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Name: Barry H. Pasternak
Title: President
Dated: October 10, 2000
