UNITED STATES
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
December 29, 1999
(Date of earliest event reported)
UNIDYNE CORPORATION
(Exact name of small business issuer
as specified in its charter)
DELAWARE 0-10372 23-2154902
(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation or Identification No.)
organization)
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ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
On December 29, 1999, the Corporation appointed Rudolph Palitz LLC as the
Corporation's independent accountants and auditors, pursuant to a directive and
determination by the Audit Committee of the Board of Directors that the
corporation should change its independent accountants and auditors to a firm
better able to render service to all the Corporation's geographically dispersed
facilities. The Corporation's previous auditors, Strouss, Hui & Ellis, P.C, had
served as independent accountants and auditors since April 14, 1999. Prior
thereto, Arthur Andersen LLP had served as the Corporation's independent
accountants and auditors from 1996 until its resignation on March 26, 1999 (see
Forms 8-K and 8-K/A filed April 12, 1999 and May 3, 1999, respectively)
For the years ended December 31, 1998 and December 31, 1997, the Corporation's
Accountant's Report did not contain any adverse opinion or disclaimer of
opinion. Arthur Andersen LLP, the Corporation's auditors for the year ended
December 31, 1997, issued a modified opinion on the financial statements for the
year then ended which was qualified for an uncertainty as to going concern.
There have been no disagreements regarding accounting issues a) between the
Corporation and Strouss, Hui & Ellis, P.C. for the year ended December 31, 1998
or in any interim period through December 29, 1999, nor b) between the
Corporation and Arthur Andersen LLP in the previous year or in any interim
period through the date of its resignation.
Prior to the date of filing this Form 8-K, the Corporation provided a draft
thereof to Rudolph, Palitz LLC, to Strouss, Hui & Ellis, P.C., and to Arthur
Andersen LLP. None of the accounting firms expressed any disagreement with the
statements being made herein.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ITEM 7. EXHIBITS
1. Letter from Strouss, Hui & Ellis, P.C.
UNIDYNE Corporation
January 31, 2000 /s/ Wayne R. Lorgus
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President and Chief Financial Officer
