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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
May 21, 1999
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(Date of Earliest Event Reported)
RIDE, INC.
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(Exact name of registrant as specified in its charter)
Washington 1-13042 91-1571027
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(State or other jurisdiction of Commission File Number (I.R.S. Employer
incorporation or organization) Identification No.)
8160 304th Avenue Southeast
Preston, Washington 98050
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(Address of principal executive offices) (Zip Code)
(425) 222-6015
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(Registrant's telephone number, including area code)
Page 1 of 3
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On May 21, 1999, Ernst & Young LLP ("Former Auditors") resigned as
Independent Auditors for Ride, Inc. (the "Company").
The Former Auditors reported on the Company's financial statements for the
preceding two years in the period ended December 31, 1997 and the six months
ended June 30, 1998. The respective reports of the Former Auditors on the
financial statements for such periods contained no adverse opinion or
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles. However, the Former Auditors' report
for the six months ended June 30, 1998 did contain an explanatory paragraph
regarding the uncertainty of the Company's ability to continue as a going
concern.
During the preceding two years in the period ended December 31, 1997 and the
six months ended June 30, 1998, and through the date of this report, there
were no disagreements with the Former Auditors on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement if not resolved to the satisfaction of the
Former Auditors would have caused them to make reference thereto in their
report on the financial statements for such periods.
The Company has not engaged a successor accounting firm as of the date of
this report.
The Company has provided the Former Auditors with a copy of the foregoing
disclosures and the Former Auditors have addressed a letter to the Securities
and Exchange Commission stating that they agree with such disclosures.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) EXHIBITS
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EXHIBIT NO. DESCRIPTION
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16.1 Letter re: Change in Certifying Accountant
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SIGNATURES
In accordance with the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
RIDE, INC.
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(Registrant)
Dated: May 28, 1999 By /s/ Greg Cook
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Greg Cook
CHIEF OPERATING OFFICER AND
CHIEF FINANCIAL OFFICER
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Exhibit 16.1
May 28, 1999
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of Form 8-K dated May 27, 1999 of Ride, Inc. and are in
agreement with the statements contained in paragraphs one, two, three and five
on page 2 therein. We have no basis to agree or disagree with other statements
of the registrant contained in paragraph four on page 2 therein.
ERNST & YOUNG LLP
Seattle, Washington
