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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities and Exchange Act of 1934
Date of Report (Date of Earliest event reported) September 5, 2000
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Dynamic I-T, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Colorado 82-0379959
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(State or other jurisdiction Commission File (IRS Employer
of incorporation) No. Identification No.)
2504 Eleventh Street, Santa Monica, California 90405
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 392-8179
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c/o 10200 W. 44th Ave., #400, Wheat Ridge, Colorado 80033
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(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On September 5, 2000 Dynamic I-T, Inc. ("Dynamic" or the "Company")
informed Michael Johnson, CPA ("Johnson") that it is dismissing him as the
Company's principal independent public accountant. The decision to dismiss
Johnson was recommended and approved by the Company's Board of Directors.
None of the reports of Johnson on the Company's audited financial
statements for the years ended March 31, 1998, 1999 and 2000 and the unaudited
financial statements for the interim period ended September 5, 2000 contained an
adverse opinion or a disclaimer of opinion and were not qualified or modified as
to uncertainty, audit scope, or accounting principles.
In connection with the audits of the Company's financial statements for
the years ended March 31, 1998, 1999 and 2000 and the compilation of the
Company's financial statements for the interim period through September 5, 2000,
there have been no disagreements with Johnson on any matters of accounting
principles or practices, financial statement disclosure or auditing scope and
procedures, which disagreements, if not resolved to the satisfaction of Johnson
would have caused Johnson to make references to his reports on the Company's
financial statements for the years ended March 31, 1998, 1999 and 2000 or the
interim period through September 5, 2000, and none of the events described in
Item 304(a)(1)(v) of Regulation S-K occurred during such period with respect to
the Company or Johnson.
ITEM 7. FINANCIALS STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
16.1* Letter from Michael Johnson, CPA, stating his
concurrence with the foregoing disclosures is
included as Exhibit 16.1 to this Form 8-K report
Exhibit No. Description
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16.1* Letter from Michael Johnson, CPA, regarding his
concurrence with the foregoing disclosure between
himself and the Company.
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X To be filed by amendment.
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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.
DYNAMIC I-T, INC.
By: /s/ Spencer Young
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Spencer Young
Vice President & Director
Date: September 5, 2000
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