SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
----------------------------------------
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 25, 1999
ELLIGENT CONSULTING GROUP, INC.
[Exact Name of Registrant as specified in its Charter]
Nevada 33-14576-D 87-0453842
[State or Other Jurisdiction [Commission File No.] [IRS Employer
of Incorporation] Identification No.]
152 West 57th Street, 40th Floor, New York, New York 10019
[Address of principal executive offices; ZIP Code]
Registrant's Telephone No., including Area Code: (212) 765-2915
N/A
(Former name or Former Address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant
(a) Previous Independent Accountants:
(i) Hansen, Barnett & Maxwell ("Hansen") by the letter dated January
25, 1999, was dismissed as the independent accountants for the
Registrant.
(ii) The reports of Hansen on the financial statements of the
Registrant for the past two fiscal years contain no adverse
opinion or disclaimer of opinion and were not qualified or
modified as to audit scope or accounting principles, however, the
reports for the past two fiscal years were modified as to
uncertainty.
(iii) The Registrant's Board of Directors approved the dismissal of
Hansen.
(iv) For the two most recent fiscal years and through January 25,
1999, there have been no disagreements between the Registrant and
Hansen on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure,
which would have caused Hansen to make a reference thereto in its
report on the Registrant's financial statements for such period.
(v) During the two most recent fiscal years and through January 25,
1999, there have been no reportable events (as defined in
Regulation S-K, Item 304 (a)(1)(v)).
The Registrant has requested that Hansen furnish it with a letter addressed to
the Securities and Exchange Commission stating whether or not Hansen agrees with
the above statements. A copy of such letter will be filed as an amendment to
this Form 8-K.
(b) New Independent Accountants:
(i) The Registrant engaged Moore Stephens, P.C. ("Moore Stephens"), 340
North Avenue, Cranford, New Jersey 07016, as its new independent
accountants as of January 25, 1999. Prior to such date, the
Registrant did not consult with Moore Stephens regarding (i) the
application of accounting principles, (ii) the type of audit
opinion that might be rendered by Moore Stephens, or (iii) any
other matter that was the subject of a disagreement between the
Registrant and its auditor (as defined in Item 304(a)(1)(iv) of
Regulation S-K) or a reportable event (as described in Item
304(a)(1)(v) of Regulation S-K).
Item 8. Change in Fiscal Year
On January 25, 1999, the Board of Directors of the Registrant approved the
change of the Registrant's year end from July 31, to December 31. The transition
report will be filed on Form 10-KSB for the period August 1, 1998 through
December 31, 1998.
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.
ELLIGENT CONSULTING GROUP, INC.
Dated:January 28, 1999 By: /s/ Edwin T. Brondo
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Edwin T. Brondo
Chief Financial Officer
2
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Elligent Consulting Group, Inc.
January 25, 1999
Mr. Douglas Hawkes
Hansen, Barnett & Maxwell
345 East 300 South, Suite 200
Salt Lake City, Utah 84111-2693
Dear Mr. Hawkes:
On behalf of Elligent Consulting Group, Inc. (the "Company" or "Elligent"), I
wish to thank you for your efforts in past audits for Elligent and Arena Group,
Inc.
Now that our headquarters is located in New York City, we have assigned a new
auditor for the Company as noted below. Please be advised that effective
immediately Hansen, Barnett & Maxwell is hereby dismissed as the independent
auditor of Elligent Consulting Group, Inc.
Please provide to us at your earliest convenience a letter addressed to the
Securities and Exchange Commission stating whether you agree with the statements
set forth in the attached Form 8-K under Item 4(a) thereof.
We have engaged Moore Stephens, P.C. to audit our financial statements for the
year ending July 31, 1999. In accordance therewith, they would like to make
inquiries and examine your workpapers for the audit of our financial statements
for the years ended July 31, 1998 and 1997. Also, they would like to examine the
tax records maintained by you for the three years prior to our current audit
date. We hereby authorize you to respond fully and without limitation to their
request
Please allow our auditors to copy any information needed from files related to
our financial statements or tax return that they request (unless proprietary in
nature) and bill our company for the reproduction costs.
We have represented to our auditors that we are not involved with your firm in
any disputes about accounting principles, audit procedures, or similarly
significant items and that we have paid in full for all services rendered by you
to date. You will be contacted by James Mortenson or James Alviggi of this
audit firm concerning these matters.
Please feel free to contact me regarding the foregoing. Again, on behalf of
Elligent, I would like to thank you for all of your assistance.
Sincerely,
Edwin T. Brondo
Chief Financial Officer
Elligent Consulting Group, Inc.
152 West 57th Street, New York, New York 10019
Tel: 212-765-2915 Fax: 212-765-2924 email: [email protected]
website: www.elligent.com
