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): March 13, 1998
INTERNATIONAL META SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware 000-17945 33-0146747
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation
or organization)
7718 Wood Hollow Drive, Suite 150
Austin, Texas 78731
(Address of principal executive office)
Issuer's telephone number: 512-795-8825
Item 4 Changes in Registrant's Certifying Accountant
On March 13, 1998, International Meta Systems, Inc. (the "Company")
received notice that its accountants, Singer Lewak Greenbaum &
Goldstein, LLP, (the "former accountants") have resigned as the
Company's auditors as of March 4, 1998. The former accountants'
report on the Company's December 31, 1996 financial statements
reflected an uncertainty relating to the Company's ability to
continue as a going concern. There were no disagreements on any
matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure.
Item 5 Other Events
The Company has not yet engaged successor accountants to the former
accountants. Because of the events associated with the Company's
Chapter 11 bankruptcy filing on March 2, 1998, the Company's
management now believes that the Company will be unable to complete
its annual report on
1
<PAGE> 2
Form 10-KSB in a timely manner for filing on or before March 31,
1998.
Item 7 Financial Statements and Exhibits
(c) Exhibits
16.1 Letter on change in certifying accountant
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
INTERNATIONAL META SYSTEMS, INC.
Date: March 20, 1998 /s/ Lee Hoevel
---------------------------------
Lee Hoevel, President
<PAGE> 1
Singer, Lewak, Greenbaum & Goldstein LLP
Certified Public Accountants & Management Consultants
March 19, 1998
Securities and Exchange Commission
Washington, D.C. 20549
RE: International Meta Systems, Inc.
000-17945
Dear Sir or Madam:
We have read Item 4 of the Form 8-K of International Meta Systems,
Inc., dated March 13, 1998, and agree with the statements contained
therein.
Very truly yours,
/s/ Singer Lewak Greenbaum & Goldstein LLP
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SINGER LEWAK GREENBAUM & GOLDSTEIN LLP
