IMTEK OFFICE SOLUTIONS INC
8-K, 2000-08-31
FINANCE SERVICES
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                                 UNITED STATES
                       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):  August 10, 2000
                                                          ---------------



                          IMTEK OFFICE SOLUTIONS, INC.
                          ----------------------------
             (Exact name of registrant as specified in its charter)


           Delaware                     33-24464-NY            11-2958856
---------------------------------    -----------------   ---------------------
  (State or other jurisdiction       (Commission File)   (IRS Employer ID No.)
of incorporation or organization)

     8003 Corporate Drive, Suite C
          Baltimore, Maryland                                      21236
----------------------------------------                        ----------
(Address of principal executive offices)                        (Zip Code)

Registrant's telephone number, including area code:  (410) 931-2054
                                                     --------------
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ITEM 4. Changes in Registrant's Certifying Accountant
        ---------------------------------------------

        (a) Grant Thornton LLP ("Grant Thornton"), by certified mail dated
        August 10, 2000 and received by the Company on August 14, 2000, notified
        the Registrant of Grant Thornton's withdrawal and resignation of the
        Registrant's auditor and certifying accountants. Additionally, Grant
        Thornton advised that it was withdrawing both the 1999 and 1998
        auditor's reports on the Registrant's financial statements, and that
        these audit reports can no longer be relied upon.

            The auditor's reports for both 1999 and 1998 did not contain an
        adverse opinion or a disclaimer of opinion, nor was it qualified or
        modified as to uncertainty, audit scope, or accounting principles.
        Except to the extent otherwise disclosed herein, there have not been any
        disagreements with Grant Thornton on any matter of accounting principles
        or practices, financial statement disclosure, or auditing scope or
        procedure during the Registrant's two most recent fiscal years.

            According to the August 10, 2000 letter from Grant Thornton, the
        prior auditor resigned based on the following: (1) the Company is
        alleged to have consistently "refused" to furnish Grant Thornton with
        documentation and information pertinent to the Company's settlement of a
        lawsuit in April 2000 based on certain diversion of funds; (2) that
        Grant Thornton learned for the first time on August 3, 2000 of the
        Company's filing of a Form 8-K on June 1, 2000 with the Securities
        Exchange Commission (the "Commission") in which the Company stated it is
        appropriate to restate the 1999 and 1998 financial statements, and that
        Grant Thornton was not informed or given the opportunity to investigate
        the factual basis for the Company's conclusion as to the need to restate
        the 1999 and 1998 financial statements, and therefore was not able to
        agree or disagree with the Company's judgment about the need to restate
        the financial statements; and (3) for the reasons alleged, Grant
        Thornton could not "continue to be associated" with the 1999 and 1998
        financial statements and was withdrawing both the auditor's reports for
        1999 and 1998 and was resigning as the Company's auditors.

            Contrary to statements made in the Grant Thornton letter dated
        August 10, 2000, the Company has not refused to furnish Grant Thornton
        with the information requested relating to the lawsuit settled in April
        2000, and Grant Thornton was directly involved in the Company's
        preparation of the June 1, 2000 Form 8-K filed with the Commission.

                                      -2-
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        Moreover, the Registrant has not yet made any final determination on
        whether the above mentioned financial statements need to be restated.
        The letter to stockholders attached as an exhibit to the Registrant's
        June 1, 2000 Form 8-K merely noted that the Registrant's belief at the
        time that restatement would be appropriate. The August 10 Grant Thornton
        letter was issued only after the Company notified Grant Thornton of
        disputes the Company has with Grant Thornton's bills for services
        relating to the prior audits and the services provided in connection
        with those audits, and these disputes with Grant Thornton presently
        remain unresolved.

        (b) As of the date of this filing, the Registrant is in the process of
        looking to engage a new independent accounting firm to serve as the
        Company's auditor.

            A copy of this filing is being provided to Grant Thornton in
        accordance with the requirements of Item 304(a)(3) of Regulation S-K.

            Contemporaneously with the filing of this Form 8-K, the Registrant
        has filed a Form 15 notifying the Commission that pursuant to Section
        15(d) of the Exchange Act, the Registrant has not been obligated to make
        any filings with the Commission from at least July 1, 1997 (the
        beginning of the registrant's fiscal year which ended June 30, 1998) to
        the present. Except to the extent described in the Form 15, the
        Registrant will not be making any further filings with the Commission.

ITEM 5. Other Events.
        ------------

        A copy of the Registrant's letter to stockholders dated August 31, 2000
is attached hereto as Exhibit 99 and incorporated herein by reference.

ITEM 7. Financial Statements and Exhibits.
        ---------------------------------

        (c) Exhibits
            --------

            99 Letter to Stockholders dated August 31, 2000.

                                      -3-
<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, thereunto duly authorized, in Baltimore, Maryland, on August 31,
2000.

                                         Imtek Office Solutions, Inc.


                                         By: /s/ Brad C. Thompson
                                             _____________________________
                                             Brad C. Thompson
                                             Chief Financial Officer


                                      -4-


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