SI DIAMOND TECHNOLOGY INC
8-K, 2000-09-13
GENERAL INDUSTRIAL MACHINERY & EQUIPMENT
Previous: PATTERSON DENTAL CO, S-8, EX-23.2, 2000-09-13
Next: SI DIAMOND TECHNOLOGY INC, 8-K, EX-16, 2000-09-13



                       Securities and Exchange Commission
                             Washington, D.C. 20549

                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                                       OF
                     THE SECURITIES AND EXCHANGE ACT OF 1934

       Date of Report (Date of Earliest Event Reported): September 6, 2000

                           SI DIAMOND TECHNOLOGY, INC.
             (Exact Name of Registrant as Specified in its Charter)

                                      TEXAS
                 (State or Other Jurisdiction of Incorporation)




     1-11602                                             76-0273345
(Commission File No.)                       (I.R.S. Employer Identification No.)


                             3006 Longhorn Boulevard
                                    Suite 107
                               Austin, Texas 78758
                    (Address of Principal Executive Offices)

                                  512/339-5020
              (Registrant's Telephone Number, Including Area Code)


<PAGE>


ITEM 4.  CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT

         On September 6, 2000, SI Diamond  Technology,  Inc. (the  "Registrant")
was notified that  WallaceSanders  & Company had merged with McGladrey & Pullen,
LLP and that  WallaceSanders  & Company  would no longer be the  auditor for the
Registrant.  McGladrey  & Pullen,  LLP was  appointed  as the  Registrant's  new
auditor effective September 6, 2000. The auditor's reports from WallaceSanders &
Company for the  Registrant's  past two fiscal  years did not contain an adverse
opinion or a disclaimer of opinion,  and were not qualified as to audit scope or
accounting  principles.  However,  the auditor's reports for the past two fiscal
years were modified  regarding the  uncertainty of the  Registrant's  ability to
continue as a going concern.  The decision to engage McGladrey & Pullen,  LLP as
the successor to  WallaceSanders  & Company was  recommended and approved by the
Registrant's Board of Directors.  During the Registrant's two most recent fiscal
years and the subsequent interim period preceding the change, there have been no
disagreements  with  WallaceSanders  &  Company  on  any  matter  of  accounting
principles or practices,  financial statement  disclosure,  or auditing scope or
procedure.  The Registrant has requested  WallaceSanders  & Company to furnish a
letter addressed to the Commission stating whether it agrees with the statements
made in this Item. Such letter is included in an exhibit to this Form 8-K.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

    (c)  Exhibits:

         16       Letter on change in certifying accountant

         99       Notice from Accountant

                                   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.

                              SI DIAMOND TECHNOLOGY, INC.


                              By: /s/ Tracy Vaught
                                 -----------------------------------------------
                                 Tracy Vaught, Chief Financial Officer


Dated: September 12, 2000



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission