Exhibit 16.2
[LETTERHEAD OF COX TECHNOLOGIES, INC.]
October 10, 2000
James J. Bedinger
Bedinger & Company
1850 Mt. Diablo Blvd., Suite 610
Walnut Creek, CA 94596
Dear Jim:
The Board of Directors of Cox Technologies, Inc. has decided to dismiss
Bedinger & Company as the Company's principal independent accountant. We want to
thank you for the excellent working relationship that we have shared with your
firm over the years. However, the Company is in the process of closing its
office in Phoenix, Arizona, and the Board of Directors has determined that it
would be more prudent to have the principal independent accountant located near
the corporate office in Belmont, North Carolina. In connection with your audit
of the financial statements for the fiscal year ended April 30, 2000, the
Company would like for you to complete the fiscal 2000 consolidated federal and
individual state income tax returns that you are currently preparing. Our
understanding is that you will have those returns completed by October 31, 2000.
The Board of Directors has approved the appointment of the independent
accounting firm of Cherry, Bekaert & Holland L.L.P. to audit the Company's
financial statements for the fiscal year ending April 30, 2001. Mr. Trent
Wilson, a partner in that firm, will be contacting you in the near future to
start the transition process. Please let the Company know if there is anything
we can do to help in this process.
The report of Bedinger & Company on the Company's consolidated financial
statements for the fiscal years ended April 30, 2000 and 1999 did not contain 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 two fiscal years ended April 30, 2000
and 1999, and during the subsequent interim periods, there were no disagreements
on any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures which, if not resolved to the
satisfaction of Bedinger & Company, would have caused Bedinger & Company to make
reference to the matter in its report.
Per Item 304 (a) (3) of Regulation S-K, please furnish a letter to Cox
Technologies, Inc., addressed to the Securities and Exchange Commission, stating
whether or not Bedinger & Company agrees with the statements made herein. A copy
of your letter will be filed as Exhibit 16.1 to the Current Report on Form 8-K
filed by Cox Technologies, Inc.
Sincerely yours,
/s/ Jack Mason
