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 28, 2000
VIRTUAL ACADEMICS.COM, INC.
(Exact name of registrant as specified in its charter)
Delaware 33-25900 75-228820
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
6421 Congress Avenue, Suite 201, Boca Raton, Florida 33487
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(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code (561) 994-4446
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Item 4. Changes in Registrants Certifying Accountants
On August 28, 2000, the Board of Directors of Virtual Academics.Com,
Inc. (the "Company") recommended and approved the replacement of its principal
accountants, Sweeney, Gates & Co. ("SG"). Also, on August 28, 2000, the Board of
Directors recommended and approved the replacement firm of Grant Thornton LLP as
the Company's independent auditors, effective August 28, 2000.
SG has not issued an audit report on the Company's financial
statements. During period of SG's engagement, there have been no disagreements
with SG on any matter of accounting principles or practices, financial statement
disclosures, or auditing scope or procedure, which, if not resolved to the
satisfaction of SG, would have caused them to make reference to the subject
matter of such disagreements in connection with issuing their reports. Also, no
reportable events, within the meaning of Item 304(a)(1)(v) of Registration S-K,
has occurred during the two most recently completed years and subsequent interim
periods, preceding this change.
The Company has provided SG with these disclosures, and has requested
that they furnish the Company with a letter, addressed to the Securities and
Exchange Commission, stating whether or not they agree with the statements
contained herein. That letter will be filed by amendment.
Item 7. Financial Statements and Exhibits
(a) None
(b) None
(c) Exhibits
Exhibit 16.1 - Letter addressed to the Securities and Exchange
Commission from Sweeney, Gates & Co. - to be filed by amendment.
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.
VIRTUAL ACADEMICS.COM, INC.
Date: August 30, 2000 By: /s/ Steven Bettinger
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Steven Bettinger
President and Chief Operating Officer
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