<PAGE> 1
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): June 1, 1998
INTERNATIONAL MERCANTILE CORPORATION
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
MISSOURI 0-7693 43-0970243
- -------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification
Number)
7979 OLD GEORGETOWN ROAD, BETHESDA, M.D. 20814
- -------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (301) 774-6913
<PAGE> 2
Item 4. Change in Registrant's Certifying Accountants
On June 1, 1998, the Board of Directors of the Registrant appointed the
firm of Thomas P. Monahan, CPA as independent auditor for the fiscal year
ending December 31, 1997. The accounting firm of Weinberg & Company, P.A.
served as the Registrant's independent auditors for the fiscal years ended
December 31, 1993, 1994, 1995 and 1996.
The registrant believes that there were no disagreements with The
accounting firm of Weinberg & Company, P.A. within the meaning of Instruction 4
of Item 304 of Regulation S-K on any matters of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures in
connection with audits of the Company's financial statements for the fiscal
years ended December 31, 1995 and 1996 which disagreements, if not resolved
to their satisfaction, would have caused him to issue an adverse opinion or a
disclaimer of opinion, or was qualified or modified as to uncertainty, audit
scope or accounting principles. No report on the financial statements of the
Registrant for the years ended December 31, 1995 and 1996 (the past two fiscal
years) contained an adverse opinion or disclaimer of opinion, or was
modified as to uncertainty, audit scope, or accounting principle.
During the three most recent fiscal years ended and through the present,
there have been no reportable events (as defined in Item 304 of Regulation S-K)
with The accounting firm of Weinberg & Company, P.A.
Item 5. Other Events.
None
ITEM 7. FINANCIAL REPORTS AND EXHIBITS.
(B) EXHIBITS.
1. Letter from Weinberg & Company, P.A. issued pursuant to Reg.
Section 229.304(a)(3).
<PAGE> 3
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.
INTERNATIONAL MERCANTILE CORPORATION
(Registrant)
By: /s/MAX APPLE
-----------------
Stan Cipkowski,
President and Principal
Dated: June 1, 1998
<PAGE> 1
EXHIBIT 1
WEINBERG & COMPANY, P.A.
CERTIFIED PUBLIC ACCOUNTANTS
6100 GLADES ROAD
SUITE 314
BOCA ROTON, FLORIDA 33434
June 1, 1998
Mr. Max APPLE,
President
International Mercantile Corporation
7979 Old Georgetown Road
Bethesda, Maryland 20814
Dear Mr. Apple,
I have received and reviewed the Form 8-K dated June 1, 1998 reporting
in Item 4 the events which transpired on June 1, 1998 relating to my
firms resignation as auditors and the appointment of Thomas P. Monahan, CPA
as the new auditor for the fiscal year ending December 31, 1997.
I have reviewed Item 4 of such Form 8-K and have no disagreements with the
position of the Registrant as stated therein.
Sincerely,
/s/Elliott Weinberg
---------------------
Weinberg