QUADRAX CORP
8-K, 2000-02-18
ABRASIVE, ASBESTOS & MISC NONMETALLIC MINERAL PRODS
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                       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)            December 27, 1999
                                                -------------------------------

QUADRAX CORPORATION
- --------------------------------------------------------------------------------
(Exact Name of Registratn as Specified in Charter)

Delaware                             0-16052                     05-0420158
- --------------------------------------------------------------------------------
(State or Other Jurisdiction of    (Commission File Number)  (IRS Employer
Incorporation)                                               Identification No.)

600 Main Street                                        West Warwick, RI  02893
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                              (Zip Code)


Registrant's telephone number, including area code (401) 821-1700
- --------------------------------------------------------------------------------


                                 Not Applicable
- --------------------------------------------------------------------------------
         (Former Name or Former Address, If Changed Since Last Report.)

<PAGE>

ITEM 4.  Change in Registrant's Certifying Accountant.

         On December 27, 1999, the Board of Directors,  upon the  recommendation
         of management, voted to appoint Mayer Rispler & Company, P.C. to act as
         independent  auditors  for the  Company  for  the  fiscal  year  ending
         December 31, 1998 and December 31, 1999, replacing Livingston & Haynes,
         P.C. Livingston & Haynes, P.C. had not commenced work on the audit, and
         they had no  differences  of opinion  with the Company  concerning  its
         financial  reports or accounting  principles.  The  decision  to change
         accountants was recommended by the Board of Directors.


<PAGE>


                                   Signatures



         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  ahs duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.




                                            Quadrax Corporation

      February 9, 2000                 /s/ James J. Palermo
- ---------------------------            -----------------------------------------
          (Date)                       James J. Palermo, Chief Executive Officer
                                       and President



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