FORM 8-K/A
Number 1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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): February 14, 1997
PARAMARK ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-23026 22-3261564
(State of other jurisdictions (Commission file number) (IRS Employer
of incorporation) Identification No.)
135 Seaview Drive
Secaucus, NJ 07094-3618
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (201) 422-0910
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Item 4. Changes in Registrant's Certifying Accountant
(a) On February 14, 1997 Arthur Andersen LLP ("AA") resigned its
position as the Registrant's independent auditors. Such resignation was
necessitated because AA concluded that it has a conflict of interest in
reporting on the Registrant's financial statements for the fiscal year ended
December 31, 1996 due to the fact that during 1996 AA had rendered financial
advisory services to the Registrant for which it received a fee. During
Registrant's engagement of AA to the date of AA's withdrawal (the "Interim
Period"): (i) there were no disagreements (of the nature contemplated by Item
304 (a) (1) (iv) of Regulation S-K ("Disagreements)) between Registrant and AA;
and (ii) there were on reportable events of the nature contemplated by Item 304
(a)(1)(v)(A)-(D) of Regulation S-K.
(b) On February 21, 1997 Registrant engaged Amper, Politziner & Mattia
("AP&M") as its independent public accountants for Registrant's fiscal year
ending December 31, 1996. During Registrant's two fiscal years ended December
31, 1995 and the Interim Period, Registrant did not consult AP&M with respect to
any of the matters contemplated by Item 304 (a)(2)(i)-(ii) of Regulation S-K.
Item 7. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not applicable.
(b) Pro Froma Financial Information
Not applicable.
(c) Exhibits
(i) Letter from Arthur Andersen LLP
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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.
PARAMARK ENTERPRISES, INC.
(Registrant)
By: /s/ Charles Loccisano
Charles Loccisano
Chairman, Chief Executive Officer
By: /s/ Alan S. Gottlich
Alan S. Gottlich
President, Chief Financial Officer
Date: March 10, 1997
ARTHUR ANDERSEN LLP
101 Eisenhower Parkway
Roseland NJ 07068-1099
February 17, 1997
Securities and Exchange Commission
450 Fifth Street NW
Washington DC 20549
We have read Item 4 in the attached Form 8-K dated February 14, 1997 of Paramark
Enterprises, Inc. to be filed with the Securities and Exchange Commission and
are in agreement with the statements contained therein.
Very truly yours,
/s/ ARTHUR ANDERSEN LLP
ARTHUR ANDERSEN LLP
