GBS COM TECH CORP/
8-K, 1999-06-29
FOOTWEAR, (NO RUBBER)
Previous: GBS COM TECH CORP/, 10QSB, 1999-06-29
Next: GBS COM TECH CORP/, 10KSB, 1999-06-29



                       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): May 21, 1999

                                GBS COM-TECH CORP
                 (Formerly Mobile Services International, Inc.)
            (Exact name of registrant as specified in its charter)


        Delaware                 0-20556               13-3400758
(State of incorporation) (Commission file number)(IRS Employer Identification)

                                 9652 Hood Road
                        Jacksonville, Florida 32257-1141
                   (Address of Principal executive offices)

                                 904-260-5156
             (Registrant's telephone number, including area code)

<PAGE>
Item 4.  Changes in Registrant's Certifying Accountant

(a)   (1)   Indication of Registrant's Certifying Accountant of Decision to
            Resign from the Engagement.

      (i)   On May 21, 1999, the Board of Directors of GBS Com-Tech Corp. ("the
            Company") accepted the resignation of the firm of Grant-Schwartz
            (now Frederick R. Grant, CPA).

      (ii)  For fiscal years ended December 31, 1994 and 1995, Grant-Schwartz
            Associates issued unqualified opinions with modifications as to the
            uncertainty the company could continue as a going concern. This
            uncertainty related to the recurring losses from operations and lack
            of adequate capital.

      (iii) There were no disagreements with Grant-Schwartz Associates during
            the audits of the Company's financial statements for the fiscal
            years ended December 31, 1994 and December 31, 1995 and any
            subsequent interim period preceding the change in any matter of
            accounting principles or practices, financial statement disclosure,
            or auditing scope or procedures, which would have caused the
            accountants to make reference to the subject matter of the
            disagreement in the audit report if the disagreement had not been
            resolved to the accountant's satisfaction.

      (iv)  During the three most recent fiscal years and through the present,
            there have been no reportable events (as defined by Item 304 of
            Regulation S-K) with Grant-Schwartz Associates (now Frederick R.
            Grant, CPA).

      (v)   A letter of Grant-Schwartz Associates addressed to the Securities
            and Exchange Commission is included as an Exhibit to this Form 8-K.
            Such letter states that such firm agrees with the statements made by
            the Company in this Item 4.

(a)   (2)   Engagement of New Accountants

            On May 21, 1999, the Registrant engaged the firm of Holyfield
            Associates, P.A. ("Holyfield") as its new independent accountants.
            Holyfield was not consulted regarding the application of accounting
            principles to a specific completed or contemplated transaction; or
            the type of audit opinion to be rendered with regard to the
            Registrant's financial statements; or any disagreements or
<PAGE>
            reportable events as such terms are used in Regulation S-B, Item
            304(a)(2).

(a)   (3)   Copy of Disclosures.

            Grant-Schwartz Associates has been provided with a copy of the
            disclosures contained in the Form 8-K with a request that it furnish
            to the Registrant a letter addressed to the Commission stating
            whether it agrees with the statements made by the Registrant in
            response to Item 304(a) of Regulation S-B, and, if not, stating the
            respects in which it does not agree. Attached, as an exhibit, is a
            copy of a letter from Grant-Schwartz Associates to the Commission
            stating that it agrees with the statements in the Form 8-K
            concerning its firm.


Item 7.  Financial Statement Exhibits

(c)    Exhibits:

         NUMBER         DESCRIPTION

            1           Letter of Grant-Schwartz Associates to the Securities
                        and Exchange Commission included herein pursuant to the
                        requirements of Item 304(a) of Regulation S-K.

         SIGNATURES

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

         GBS COM-TECH CORP.




         /s/ Chief Shonekan
         Chief of the Board of Directors,
         Chief Executive Officer and
         Chief Financial Officer

                                                                       EXHIBIT 1

                         GRANT-SCWARTZ ASSOCIATES, CPA'S
                          2263 NW 2ND AVENUE - STE 210
                            BOCA RATON, FLORIDA 33431



May 21, 1999

Securities and Exchange Commission
Washington, D.C.

Gentlemen:

We were previously principal accountants for Mobile Services, Inc. (now named
GBS COM-TECH CORP) and, we reported on the financial statements of Mobile
Services International, Inc. as of and for the years ended December 31, 1995 and
1994. On May 21, 1999, we resigned. We have read GBS Com-Tech Corp.'s statements
included under Item 4 of its Form 8-K dated May 21, 1999, and we agree with such
statements.



/s/ Grant-Schwarts Associates, CPA's


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission