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): January 6, 1997
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Megatech Corporation
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(Exact name of registrant as specified in its charter)
Massachusetts 0-9643 04-2461059
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number: Identification No.)
555 Woburn Street, Tewksbury, Massachusetts 01876
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 937-9600
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(Former name or former address, if changed since last report).
Item 1. Changes in Control of Registrant.
Not Applicable
Item 2. Acquisition or Disposition of Assets.
Not Applicable
Item 3. Bankruptcy or Receivership.
Not Applicable
Item 4. Changes in Registrant's Certifying Accountants.
(a) On January 2, 1997, the Registrant appointed the accounting
firm of Sullivan Bille, P.C. as independent accountants for
the year ended December 31, 1996 to replace Gordon Harrington
& Osborn, P.C., effective with such appointment. The
Registrant's Board of Directors approved the selection of
Sullivan Bille, P.C. as new independent accountants upon the
recommendation of the Registrant's management. Management has
not consulted with Sullivan Bille, P.C. on any accounting,
auditing or reporting matter.
(b) During the two most recent fiscal years and interim period
subsequent to December 31, 1995, there have been no
disagreements with Gordon, Harrington & Osborn, P.C. on any
statement disclosure or auditing scope or procedure or any
reportable events.
(c) Gordon, Harrington & Osborn, P.C.' report on the financial
statements for the past two years contained no adverse opinion
or disclaimer of opinion and was not qualified or modified as
to uncertainty, audit scope or accounting principles.
(d) The Registrant has provided Gordon, Harrington & Osborn, P.C.
with a copy of this disclosure and has requested that Gordon,
Harrington & Osborn, P.C. furnish it with a letter addressed
to the SEC stating whether it agreed with the above
statements. (A copy of Gordon, Harrington & Osborn, P.C.'s
letter to the SEC is filed as Exhibit 16 to the Form 8-K).
Item 5. Other Events.
Not Applicable
Item 6. Resignation of Registrant's Directors.
Not Applicable
Item 7. Financial Statements and Exhibits.
Not Applicable
Item 8. Change in Fiscal Year.
Not Applicable
Item 9. Sale of Equity Securities Pursuant to Regulation S.
Not Applicable
EXHIBITS
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No. Description Page
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<C> <S> <C>
16 Letter from former principal accountant regarding 4
concurrence with statements made by Registrant in
Item 4.
</TABLE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant had duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Megatech Corporation
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(Registrant)
Dated: January 6, 1997 /s/ VAHAN V. BASMAJIAN
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Vahan V. Basmajian, President and Treasurer
Gordon,--------------------- Richard Hart Harrington, CPA
Harrington Kenneth J. Osborn, CPA
& Osborn, P.C Michael P. Rurack, CPA
- ---------------------------- Denise S. Roy, CPA
Certified Public Accountants
Securities and Exchange Commission
450 5th Street, NW
Washington, DC 20549
Gentlemen:
We have reviewed and agree with the comments in Item 4 of Form 8-K of
Megatech Corporation dated January 6, 1997.
/s/ GORDON, HARRINGTON & OSBORN, P.C.
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Gordon, Harrington & Osborn, P.C.
North Andover, MA 01845
January 6, 1997
30 Massachusetts Avenue, North Andover, MA 01845-3413
Tel. (508) 689-0601 * Fax (508) 794-0077
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