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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 of Report (Date of earliest event reported): June 9, 1997
DAWCIN INTERNATIONAL CORP.
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Exact Name of Registrant as Specified in Its Charter
NEW YORK
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(State or other Jurisdiction of Incorporation)
0-18270 11-2857523
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(Commission File Number) (IRS Employer Identification No.)
100 Garden City Plaza, Garden City, New York 11530
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(Address of Principal Executive Offices) (Zip Code)
(516) 739-8800
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(Registrant's Telephone Number, Including Area Code)
Command Credit Corporation
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 4. Changes in Registrant's Certifying Accountant
(a) The audit report of Gulian & Company for the fiscal years ended
June 30, 1996 and June 30, 1995, filed as part of the Registrant's Annual
Report on Form 10-KSB for the fiscal year ended June 30, 1996, was filed by the
Registrant with the Securities and Exchange Commission without obtaining the
signature of Gulian & Company. The Registrant filed an Amendment to its Annual
Report on Form 10-KSB for the fiscal year ended June 30, 1996 to remove the
audit report of Gulian & Company, to identify the financial statements filed as
part of the Annual Report as unaudited, and to clarify that they are the
responsibility of management and contain all necessary adjustments.
During the Registrant's two most recent fiscal years and any
subsequent interim period there were no disagreements with Gulian & Company on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if not
resolved to the satisfaction of Gulian & Company would have caused it to make a
reference to the subject matter of the disagreements in connection with its
report.
Charles J. Davitian, CPA had previously resigned as the principal
accountant to audit the Registrant's financial statements. The report of
Charles J. Davitian, CPA on the Registrant's financial statements for the past
two fiscal years did not contain an adverse opinion or a disclaimer of opinion,
and was not qualified or modified as to uncertainty, audit scope, or accounting
principles. The decision to change accountants was approved of by the Board of
Directors of the Registrant.
During the Registrant's two most recent fiscal years and any
subsequent interim period proceeding such registration, there were no
disagreements with Charles J. Davitian, CPA on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope of
procedure, which disagreements, if not resolved to the satisfaction of Charles
J. Davitian, CPA, would have caused him to make a reference to the subject
matter of the disagreements in connection with his report.
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(b) On June 9, 1997, the Registrant engaged Israeloff, Trattner & Co.,
certified public accountants, 11 Sunrise Plaza, Valley Stream, New York 11580,
to audit its financial statements for the fiscal years ended June 30, 1997 and
June 30, 1996. During the fiscal years ended June 30, 1997 and June 30, 1996,
or during any subsequent interim period prior to the engagement of Israeloff,
Trattner & Co., the Registrant did not (nor did someone on its behalf) consult
with Israeloff, Trattner & Co. regarding either: (i) the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that might be rendered on the Registrant's
financial statements, and neither written nor oral advice was provided to the
Registrant that was an important factor considered by the Registrant in
reaching a decision as to the accounting, auditing or financial reporting
issue; or (ii) any matter that was the subject of a disagreement or event
identified in paragraphs (a)(1)(iv) or (a)(1)(v) of Item 304 of Regulation S-K.
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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 hereto duly authorized.
DAWCIN INTERNATIONAL CORP.
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(Registrant)
Date: June 18, 1997
By: /s/ William G. Lucas
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William G. Lucas,
Chairman and Chief
Financial Officer
