SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 5, 1998
INTELLIGENT DECISION SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Commission File Number: 0-22254
Delaware 38-3286394
(State or other jurisdiction (IRS Employer
of incorporation or organization) identification No.)
191 Post Road West, Westport, Connecticut 06880
(Address of principal executive offices)
(203) 221-2668
(Registrant's telephone number)
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Item 4. Change in Registrant's Certifying Accountants
Pursuant to a letter dated August 24, 1998, Intelligent Data Systems, Inc.
(the "Registrant") was informed by its auditors, PricewaterhouseCoopers LLP
that the accounting partnership would no longer be representing the
Registrant as its accountants.
In connection with the audits of the fiscal year ended June 30, 1997, and
the subsequent interim period, up to the date of dismissal, there were no
disagreements between the Registrant and PricewaterhouseCoopers LLP (nee
Coopers & Lybrand LLP) regarding any matter of accounting principles or
practice, financial statement disclosure, or auditing scope or procedure,
which disagreements if not resolved to their satisfaction would have caused
them to make reference in connection with their opinion to the subject
matter of the disagreement, and the firm has not advised the registrant of
any reportable events.
The accountant's report on the financial statements for the previous fiscal
year did not contain an adverse opinion or a disclaimer of opinion, nor was it
qualified or modified as to audit scope or accounting principles. The report
did include an explanatory paragraph which noted that losses from operations
together with other factors raised substantial doubt about its ability to
continue as a going concern during the ensuing year. Management's plans in
regard to these matters were described in Note 2 of the report.
Filed herewith as an Exhibit is a letter of PricewaterhouseCoopers LLP,
addressed to the Commission, stating agreement with the Registrant's response
to this Item 4.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
The following exhibit is filed with this report: Letter from
PricewaterhouseCoopers LLP to the Commission dated October 5, 1998.
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.
Dated: October 5, 1998
INTELLIGENT DECISION SYSTEMS, INC.
/s/ David Horowitz
David Horowitz
President
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Exhibit to 8-K/A
PRICEWATERHOUSECOOPERS, LLP
Certified Public Accountants
333 Bridge Street, Suite 505
Grand Rapids, Michigan 49504
Telephone: 616/458-7700
Facsimile: 616/454-6375
October 5, 1998
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Intelligent Decisions Systems, 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/A report dated October 5,
1998. We agree with the statements concerning our Firm in such Form 8-K/A.
Very truly yours,
/s/ PRICEWATERHOUSECOOPERS LLP
PricewaterhouseCoopers LLP
