SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report: April 12, 1999
TRUDY CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-16056 06-1007765
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(Commission file number) (IRS employer identification number)
353 Main Avenue, Norwalk, CT 06851-1552
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(Address of principle executive offices) (Zip code)
(203) 846-2274
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(Registrant's telephone number, including area code)
none
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(Former name or former address, if changed since last report)
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
The Board of Directors of the Company have approved, at a special meeting of the
board on April 9, 1999, the engagement of Ernst & Young, LLP and is in the
process of retaining this firm as its independent auditor for the fiscal year
ending March 31, 1999 to replace the firm of Abrams and Company, P.C., who was
dismissed as auditor of the Company effective April 9, 1999. Ernst & Young, LLP
is the independent auditor used by Futech Interactive Products, Inc., the
company with which Trudy Corporation has agreed to merge.
The reports of Abrams and Company, P.C. on the Company's financial statements
for the past two fiscal years 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 Company's financial statements for each of
the two fiscal years ended March 31, 1997 and 1998, and in the subsequent
interim period, there were no disagreements with Abrams and Company, P.C. on any
matters of accounting principles or practices, financial statement disclosure,
or auditing scope procedures which, if not resolved to the satisfaction of
Abrams and Company, P.C. would have caused Abrams and Company, P.C. to make
reference to these matters in their report. Trudy Corporation has requested
Abrams and Company, P.C. to furnish the company with a letter addressed to the
Commission stating whether it agrees with the above statements. A copy of that
letter, dated April 12, 1999 is filed as an exhibit to this Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Commission Act of 1934,
the registrant has duly caused this report on its behalf by the undersigned
hereunto duly authorized.
TRUDY CORPORATION
April 12, 1999 By: /s/ W.W. BURNHAM
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William W. Burnham
President, Chief Executive Officer,
and Chairman of the Board
By: /s/ W.T. CARNEY
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William T. Carney
Chief Financial Officer and Secretary
ABRAMS AND COMPANY, P.C.
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Certified Public Accountants
ONE HUNTINGTON QUADRANGLE
SUITE 4 SOUTH 1
MELVILLE, N.Y. 11747-4406
(516) 454-9393 TEL.
(516) 454-6228 FAX
[email protected]
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read and agree with the comments in Item 4 of Form 8-K of TRUDY
CORPORATION dated April 12, 1999.
/s/ ABRAMS AND COMPANY, CPAS
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Melville, New York
April 12, 1999
