SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported) January 7, 2000
---------------
Core Technologies (Pennsylvania), Inc
--------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 000-17577 22-2527194
- --------------- ---------------- ----------------
(State or other (Commission File Number) (IRS Employer
jurisdictionof incorporation Identification No.)
P.O. Box 299, Villanova, PA 19805
----------------------------------
(Address of principal executive offices)
Registrant's telephone number, including area code 610-581-7283
------------
212 Philips Road, Exton, PA 19341
---------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Items 1 through 3. Not applicable.
- -----------------
Item 4. Change in Registrant's Certifying Accountants
- --------
On January 7, 2000, KPMG LLP informed the Company that
it had terminated its client-auditor relationship with the
Company.
KPMG LLP's report on our consolidated financial
statements for the year ended December 31, 1997 did not
contain an adverse opinion or disclaimer of opinion, and was
not qualified or modified as to uncertainty, audit scope or
accounting principles. KPMG LLP did not issue a report on
our consolidated financial statements for any period
subsequent to December 31, 1997.
There were no disagreements with KPMG LLP during our
two most recent fiscal years or the subsequent interim
period through January 7, 2000 or any matter covered by Item
304(a)(iv) of Regulation S-K. There were no events required
to be reported by Item 304(a)(v) of Regulation S-K during
our last two fiscal years or the subsequent interim period
through January 7, 2000.
Item 5. Other On January 13, 2000, the Company's lender, Finova
------------- Capital Corporation, declared a default and accelerated the
Events Company's indebtedness. Finova has a security interest in
------ substantially all of the Company's assets. The Company
understands that Finova taken steps to execute on its
security interests.
On January 28, 2000 the Company terminated
substantially all of its employees. The Company subsequently
ceased operations and is in the process of winding down its
business.
Item 6. Not applicable.
------
Item 7. Financial Statements, Pro Forma Financial Information and
------- Exhibits.
Exhibit 16. Letter from KPMG LLP.
Items 8 and 9. Not Applicable
----------------
<PAGE>
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.
CORE TECHNOLOGIES, INC.
By:---------------------------------------------
Date: March 17, 2000 George E. Mitchell
President and Chief Executive Officer
<PAGE>
EXHIBIT 16
----------
March , 2000
--
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Core Technologies, Inc. and, under
the date of March 6, 1998, except as to note 2 which is as of June 8, 1998, and
the second paragraph of note 7 which is as of July 20, 1998, we reported on the
consolidated financial statements of Core Technologies, Inc. and subsidiaries as
of and for the years ended December 31, 1997 and 1996. On January 7, 2000, we
resigned. We have read Core Technologies, Inc.'s statements included under Item
4 of its Form 8-K dated January 7, 2000, and we agree with such statements.
Very truly yours,
KPMG, LLP
