UNITED STATES
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): November 8, 1999
CUMBERLAND TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in its Charter)
FLORIDA
(State or other jurisdiction of incorporation)
0-19727 59-3094503
(Commission File No.) (I.R.S.Employer Identification No.)
4311 West Waters Avenue, Suite 501 Tampa, Florida
(Address of Principal Executive Office)
33614
(Zip code)
(813) 885-2112
(Registrant's Telephone Number, Including Area Code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
At a meeting held on November 8, 1999, the Board of Directors of the
Company approved the engagement of Giunta, Ferlita & Walsh, P.A. as its
independent auditors for the fiscal year ending December 31, 1999 to
replace the firm of Ernst & Young LLP, who were dismissed as auditors of
the Company effective November 9, 1999. The reports of Ernst & Young LLP
on the Company's financial statements for the past two fiscal years did
not contain an adverse opinion or a disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope, or accounting
principles. In connection with the audits of the Company's financial
statements for each of the two fiscal years ended December 31, 1998 and
1997, and in the subsequent interim period through November 8, 1999, there
were no disagreements with Ernst & Young LLP on any matters of accounting
principles or practices, financial statement disclosure, or auditing scope
and procedures which, if not resolved to the satisfaction of Ernst of
Young LLP would have caused Ernst & Young LLP to make reference to the
matter in their report. The Company has requested Ernst & Young LLP to
furnish it a letter addressed to the Commission stating whether it agrees
with the above statements. A copy of that letter dated November 23, 1999
is filed as Exhbit 16 to this Form 8-K.
<PAGE>
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, thereunto duly authorized, in Tampa, State of Florida, on November
24, 1999.
CUMBERLAND TECHNOLOGIES, INC.
Date: November 24, 1999 By: /s/: Joseph M. Williams
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Joseph M. Williams
President and Chief Executive Officer
Date: November 24, 1999 By: /s/ Carol S. Black
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Carol S. Black
Secretary and Chief Financial Officer
November 23, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K, dated November 23, 1999, of Cumberland
Technologies, Inc. (File No. 0-19727) and are in agreement with the statements
contained in the second and third sentences of the paragraph on page 1 therein.
We have no basis to agree or disagree with other statements of the registrant
contained therein.
BY: /S/: ERNST & YOUNG LLP
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Copy to Cumberland Technologies, Inc.
