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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): September 21, 2000
iiGroup, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-14026 59-219720
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(State or other jurisdiction (Commission File (IRS Employer
of Incorporation ) Number) Identification Number)
7000 W. Palmetto Park Road #501 Boca Raton, Florida 33433
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (561) 620-9202
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(Former name or former address, if changed since last report)
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Item 1. Changes in Control of Registrant.
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None.
Item 2. Acquisition or Disposition of Assets.
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None.
Item 3. Bankruptcy or Receivership.
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None.
Item 4. Changes in Registrant's Certifying Accountant.
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On September 15, 2000, the Company dismissed Margolies, Fink &
Wichrowski, Pompano Beach, Florida, as its independent accountant. The
determination to dismiss Fink, Margolies & Wichrowski and to engage other
auditors was made by the Company's Board of Directors after consideration of the
Company's professional service requirements as its business activities expand.
Except as provided in the next sentence, the report of Margolies, Fink &
Wichrowski on the financial statements of the Company for the two fiscal years
ended July 31, 1999, contained no adverse opinion or disclaimer of opinion and
were not qualified or modified as to uncertainty, audit scope or accounting
principles. The reports of Margolies, Fink & Wichrowski dated October 15, 1998,
for the year ended July 31, 1998, and dated August 25, 1999, for the year ended
July 31, 1999, each contained a going concern opinion. In connection with the
Company's audits for the fiscal years ended July 31, 1998, and 1999, and through
September 15, 2000, there have been no disagreements with the former accountants
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement, if not resolved
to the satisfaction of the former accountants, would have caused them to make
reference to the subject matter of the disagreement in their report on the
financial statements for such year. The Company does not believe that during the
two years ended July 31, 1999, and through September 15, 2000, there were any
reportable events (as defined in Regulation S-B, Item 304(a)(1)(v)) with
Margolies, Fink & Wichrowski. Pursuant to Regulation S-B, Item 304(a)(3), the
Company has filed with this Report a letter addressed to the Securities and
Exchange Commission by Fink, Margolies & Wichrowski stating that that firm
agrees with the above statements.
On September 15, 2000, the Company engaged as Daszkal, Bolton, Manela,
Devlin & Co., Boca Raton, Florida, as the Company's auditors.
Item 5. Other Events.
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None.
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Item 6. Resignations of Registrant's Directors.
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None.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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The letter of Margolies, Fink & Wichrowski addressed to the Commission
pursuant to Item 4 of this Report and Regulation S-B, Item 304, is filed with
this Report.
Item 8. Change in Fiscal Year.
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None.
Item 9. Sales of Equity Securities Pursuant to Regulation S.
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None.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this Report to be signed on its behalf by the
undersigned herein duly authorized.
iiGROUP, INC.
Dated: September 22, 2000 By: /s/ Neil Swartz
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Neil Swartz, Chief Executive Officer
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