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): December 17, 1999
INSTANT VIDEO TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
0-28079 84-1141967
(Commission File Number) (IRS Employer Identification No.)
500 Sansome Street, Suite 503
San Francisco, California 94111
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (415) 391-4455
Not Applicable
(Former name or former address, if Changed Since Last Report)
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Item 4. Changes in Registrant's Certifying Accountant.
On December 17, 1999, KPMG LLP resigned as the independent auditors of
Instant Video Technologies, Inc., a Delaware corporation (the "Company"). The
independent auditor's report for the fiscal years ended June 30, 1998 and 1999
contained no adverse opinion, disclaimer of opinion, or qualification or
modification as to uncertainty, audit scope or accounting principles. During
fiscal year 1998 and 1999 and through the date of resignation, there were no
disagreements between the Company and KPMG LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
16. Letter from KPMG LLP regarding its concurrence or disagreement with the
statements made in this report.
2
<PAGE>
SIGNATURE
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.
Date: December 28, 1999
INSTANT VIDEO TECHNOLOGIES, INC.
By: ________________________________________
Name: Edward H. Davis
Title: General Counsel
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EXHIBIT INDEX
Exhibit
Number Description
------- -----------
16 Letter from KPMG LLP, former independent auditors,
regarding its concurrence or disagreement with the
statements made in this report.
4
KPMG
500 E. Middlefield Road Telephone 650 404 5000
Mountain View, CA 94043 Fax 650 960 0566
December 17, 1999
Mr. Richard Jones
Instant Video Technologies, Inc.
500 Sansome Street, Suite 503
San Francisco, California 94111
Dear Mr. Jones:
This is to confirm that the client-auditor relationship between Instant Video
Technologies, Inc. and KPMG LLP has ceased.
Very Truly Yours,
/s/ KMPG LLP
cc: Mr. Lynn E. Turner
Chief Accountant
Securities and Exchange Commission
- --- --- --- ---
KPMG LLP. KPMG LLP, a U.S. limited liability partnership, is
- --- --- --- --- a member of KPMG International, a Swiss association.
