UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------- FORM 8-K/A -------------
Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): August 15, 1999
ELITE TECHNOLOGIES, INC.
(Exact name of Company specified in its charter)
TEXAS 0-17597 76-0252296
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation or organization) Identification No.)
3700 CRESTWOOD PARKWAY SUITE 1000 DULUTH, GEORGIA 30096
(Address of principal executive offices) (Zip Code)
(770) 381-8089
(Registrant's telephone number, including area code)
AMENDMENT TO CURRENT REPORT
Item 4 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
Pursuant to the Securities Act of 1934, the Company filed an 8-K for
change of Registrant's Certifying Accountants. This filing was misfiled, under
the Company's previous name, CONCAP, Inc. and is therefore being refiled under
the correct name. This misfiling has caused a delay in filing.
On July 15, 1999, the Company dismissed its independent accountant,
Rachlin Cohen & Holtz LLP and engaged a new independent accountant, KPMG, LLP,
to audit the financial statements for the fiscal year ended May 31, 1999. The
decision to change accountants was approved by the Company's board of directors.
The reports on the financial statements for the past two years do not
contain any adverse opinion or disclaimers of opinion, nor were they qualified
or modified as to uncertainty, audit scope, or accounting principles, except as
follows:
The accountant's report of Rachlin Cohen & Holtz LLP on the financial
statements of CONCAP, Inc. (the Company's previous name) as of May 31,
1998, and 1997, and for each of the three years in the period ended May
31, 1998 and for the period from inception to May 31, 1998 contained an
explanatory paragraph referring to an uncertainty as to the Company's
ability to continue as a going concern.
<PAGE>
This change in the Company's accountants was due to the Company's desire
to engage an auditor with a larger staff. There were no disagreements with
Rachlin Cohen & Holtz LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure.
Item 7 EXHIBIT INDEX
16.1 Letter from Rachlin Cohen & Holtz LLP re Change in Certifying
Accountants E-1
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
hereunto duly authorized.
Elite Technologies, Inc.
By: /s/ SCOTT SCHUSTER
---------------------------------
Scott Schuster
Chairman
[LETTERHEAD OF RACHLIN COHEN & HOLTZ LLP]
August 26, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: Elite Technologies, Inc.
File Ref. No. (0-17597)
Gentlemen:
We were previously accountants for CONCAP, Inc. and on May 31, 1998, we
reported on the financial statements of CONCAP, Inc. as of May 31, 1998, and
1997 and for each of the three years in the period ended May 31, 1998, and for
the period from inception to May 31, 1998 (which report contained an explanatory
paragraph referring to an uncertainty as to the Company's ability to continue as
a going concern). On July 15, 1999, we were dismissed as principal accountants
of CONCAP, Inc. We have read the statements included under Item 4 of Form 8-K/A
of Elite Technologies, Inc. (the new name of the Company) for August 15, 1999,
and we agree with such statements.
Very truly yours,
Rachlin Cohen & Holtz LLP
cc: Mr. Scott Schuster
Elite Technologies, Inc.
3700 Cestwood Parkway
Suite 1000
Duluth, GA 30096
