SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 8-K
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported ) September 29, 2000
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EDG CAPITAL, INC.
(Exact name of registrant as specified in its charter)
New York 33-3764-NY 11-3023098
(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation or organization) Identification No.)
700 Stewart Avenue, Garden City, New York 11530
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (516) 222-7749
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Item 4. Changes in Registrant's Certifying Accountant
(a) (1) Previous independent accountants
(i) On September 29, 2000, EDG Capital, Inc. ("registrant")
dismissed Scott & Guilfoyle as its independent accountants.
(ii) The reports of Scott & Guilfoyle on the financial statements
for the past two fiscal years contained no adverse opinion or
disclaimer of opinion and were not modified as to uncertainty,
audit scope or accounting principles.
(iii) The registrant's Board of Directors approved the decision to
change independent accountants on September 29, 2000.
(iv) In connection with its audits for the two most recent fiscal
years, there have been no disagreements with Scott & Guilfoyle
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 Scott &
Guilfoyle would have caused them to make reference thereto in
their report on the consolidated financial statements for such
years.
(v) The registrant has requested that Scott & Guilfoyle furnish it
with a letter addressed to the Commission stating whether or
not it agrees with the above statements. A copy of such
letter, dated September 29, 2000, is filed as Exhibit 16.1 to
this Form 8-K.
(2) New independent accountants
The registrant engaged Lazar Levine & Felix LLP as its new
independent accountants as of September 29, 2000. During the two most recent
fiscal years, the registrant has not consulted with Lazar Levine & Felix LLP
regarding either (i) the application of accounting principles to a specified
completed or contemplated transaction, or the type of audit opinion that might
be rendered on the registrant's financial statements and either written or oral
advice was provided 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
response to Item 304(a) (1) (iv) of Regulation S-B.
Item 7. Financial Statement and Exhibits
(c) The following documents are filed herewith as exhibits:
16.1 Letter from Scott & Guilfoyle, dated September 29, 2000.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on behalf by the
undersigned hereto duly authorized.
EDG CAPITAL, INC.
/s/ Jack Schwartzberg
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Name: Jack Schwartzberg
Title: President
Date: September 29, 2000
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