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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
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JUNE 1, 1999
(Date of earliest event reported)
STARNET FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
DELAWARE 33-13627 75-2168244
(State or other jurisdiction of (Commission file number ) (I.R.S. employer identification no.)
incorporation or organization)
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17000 PRESTON ROAD, SUITE 350
DALLAS, TEXAS 75248
(Address of principal executive offices)
972-239-2939
(Registrant's telephone number,
including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
In connection with the acquisition reported on Form 8-K on June 8,
1999, Jackson & Rhodes PC resigned as the Company's certifying accountant.
During its tenure as certifying accountant for the Company, Jackson & Rhodes's
report on the financial statements of the Company did not contain an adverse
opinion or disclaimer of opinion or was qualified or modified as to uncertainty,
audit scope or accounting principles. The resignation of Jackson & Rhodes PC was
not the result of any disagreements on any matter involving accounting
principles or practices, financial statement disclosure or auditing scope or
procedure.
The Board of Directors approved the engagement of Farmer, Fuqua, Hunt &
Munselle, P.C. as the Company's new principal accountant as of June 1, 1999.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:
16.1 --- Letter from Jackson & Rhodes PC, dated as of June 7,
1999, concerning its resignation as the registrant's
certifying accountant, incorporated by reference to
Registrant's Form 8-K, filed June 8, 1999.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
STARNET FINANCIAL, INC.
Dated: October 26, 1999 By: /s/ Daniel L. Jackson
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Daniel L. Jackson, President