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U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported): May 28, 1999
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Metro Global Media, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-21634 65-0025871
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State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
1060 Park Avenue, Cranston, Rhode Island 02910
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (401) 942-7876
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(Former name of former address, if changed since last report)
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Item 4 Change in Registrant's Certifying Accountants
1) On May 10, 1999, Metro Global Media, Inc. ("Metro") appointed the
accounting firm of Grant Thornton, LLP as independent accountants for
fiscal 1999 to replace Trien Rosenberg, Rosenberg, Weinberg, Ciullo &
Fazzari, LLP, ("Trien") effective with such appointment. Metro's Board
of Directors approved the selection of Grant Thornton, LLP as new
independent accountants. Management has not consulted with Grant
Thornton on any accounting, auditing or reporting matter.
2) During the two most recent fiscal years and interim period subsequent
to May 30, 1998, there have been no disagreements with Trien on any
matter of accounting principals or practices, financial statement
disclosure or auditing scope or procedure. As a result of the
Company's receipt of a SEC comment letter dated January 7, 1999, there
are unresolved issues which may effect the May 31, 1998 financial
statements as well as the current year financial statements of the
Company.
3) Trien's report on the financial statements for the past two years
contained no adverse opinion or disclaimer of opinion and was not
qualified or modified as to uncertainty, audit scope or accounting
principles.
4) Metro has provided Trien with a copy of this disclosure and has
requested Trien furnish it with a letter addressed to the SEC stating
whether it agrees with the above statements. (A copy of Trien's letter
to the SEC, dated May 24, 1999, is filed as Exhibit 16 to the form
8-K/A).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
METRO GLOBAL MEDIA, INC.
By: /s/ Janet Hoey
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Janet Hoey, Treasurer
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EXHIBIT 16
May 24, 1999
Securities and Exchange Commission
Washington, DC 20549
We have read Item 4 of the Current Report on Form 8-K/A of Metro Global Media,
Inc. for May 19, 1999 and we agree with the statements contained therein insofar
as they relate to our firm.
Very truly yours,
TRIEN, ROSENBERG, ROSENBERG,
WEINBERG, CIULLO & FAZZARI, LLP
Morristown, New Jersey
May 24, 1999
