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) . . . . . . .January 2, 1995
CORCAP, INC.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Exact name of registrant as specified in its charter)
Nevada 1-09964 06-1237135
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
Incorporation)
120 Union Street, Willimantic, CT 06226
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code. (203) 456-4187
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Former name or former address, if changed since last report)
Item 4 - Changes in Registrant's Certifying Accountants.
(a) The Registrant's principal independent accountant, Coopers & Lybrand
L.L.P. resigned on January 2, 1996. The reports by Coopers & Lybrand L.L.P.
on the Registrant's financial statements for the last two fiscal years
contained no adverse opinion or any disclaimer of opinion, nor were they
qualified or modified as to audit scope or accounting principles. The report
of Coopers & Lybrand L.L.P. for the year ended December 31, 1993 was
qualified as to the Company's ability to continue as a going concern and was
modified as to uncertainties related to an unwaived pension funding
deficiency and as to potential environmental cleanup liability. The report
of Coopers & Lybrand L.L.P. for the year ended December 31, 1994 was
qualified as to the Company's ability to continue as a going concern and was
modified as to uncertainty related to an unwaived pension funding deficiency.
There have been no disagreements by the Registrant with Coopers & Lybrand
L.L.P. on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreement(s),
if not resolved to the satisfaction of Coopers & Lybrand L.L.P., would have
caused it to make a reference to the subject of such disagreement(s) in
connection with its reports.
Item 7 - Financial Statements and Exhibits
(c) Exhibits -
(16) Letter from the Registrant's former independent accountant
regarding its concurrence with the statements in Item 4(a).
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.
CORCAP, INC.
/s/ Diane W. Burns
Diane W. Burns, President
Date: January 5, 1995
EXHIBIT 16
[Letterhead of Coopers & Lybrand L.L.P.]
January 4, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements made by CorCap, Inc. (the Company) (copy attached),
which we understand will be filed with the Commission, pursuant to Item 4 of
Form 8-K, as part of the Company's Form 8-K report for the month of January
1996. We agree with the statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ Coopers & Lybrand L.L.P.
