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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: August 13, 1999
DIRECTCOM, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
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<S> <C>
02-22475 22-2942013
(Commission File No.) (IRS Employer Identification No.)
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3 Garrett Mountain Plaza
Suite 202A
West Paterson, New Jersey 07424
(Address of principal executive offices)
(Zip Code)
(973) 523-2500
(Registrant's telephone number, including area code)
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ITEM 4 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
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(a) Effective as of August 9, 1999, Registrant retained the services of
Thompson Dugan, PC ("Thompson") as Registrant's certifying
accountant for the performance of accounting and financial
reporting services. Thompson replaces PricewaterhouseCoopers LLP
("PWC"), the firm that served as the independent accountants of
Registrant as of and for the years ended December 31, 1997 and
1998. Registrant's decision to dismiss PWC was a result of
Registrant's decision to reduce its auditing costs.
(b) The reports of PWC on Registrant's consolidated financial
statements for the past two fiscal years contain no adverse
opinion or disclaimer of opinion and were not qualified as to
uncertainty, audit scope or accounting principals.
(c) In connection with PWC's audits for the years ended December 31,
1997 and December 31, 1998, and the interim period through its date
of dismissal on August 9, 1999, there have been no disagreements on
any matter of accounting principals or practices, financial
statement disclosure or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of PWC, would
have caused it to make reference thereto in its reports on the
Registrant's financial statements for such years.
(d) Attached as Exhibit 16 to this Report is a copy of the letter from
PWC concurring with the statements in paragraphs (a)-(c) above.
(e) A decision to change the principal independent accountant was
approved by Registrant's Board of Directors.
ITEM 7 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
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(c) Exhibits.
16 PricewaterhouseCoopers letter dated August 12, 1999.
SIGNATURE
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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.
DIRECTCOM, INC.
(Registrant)
By: /s/ Nicholas Robinson
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(Signature)
Name: Nicholas Robinson
Title: President
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Exhibit 16
August 12, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by DirectCom, Inc. (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 dated August 13, 1999. We agree with
the statements concerning our Firm in such Form 8-K.
Very truly yours,
PricewaterhouseCoopers LLP
