UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934
August 7, 2000
Commission File Number: 33-75176
Consoltex Inc.
New Brunswick
(I.R.S. Employer Identification No.)
8555 route Transcanadienne, Saint-Laurent, Quebec H4S 1Z6
(514) 333-8800
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NOTICE OF CHANGE OF AUDITOR
(a) On August 7, 2000, upon the recommendation of the Board of
Directors of Consoltex Inc. (the "Corporation"), the shareholders
decided not to reappoint the firm of PricewaterhouseCoopers
LLP ("PWC") as auditors of the Corporation. In their place,
effective the same date, the shareholders engaged the firm of
Deloitte & Touche LLP as the auditors of the Corporation for the
fiscal year ending December 31, 2000.
(b) PWC's report on the Corporation's financial statements for the
fiscal years ended December 31, 1999 and December 31, 1998
contained no adverse opinion or disclaimer of opinion nor were
they qualified as to uncertainty, audit scope or accounting
principles.
(c) In connection with the prior audits for the fiscal years ended
December 31, 1999 and December 31, 1998, there have been no
disagreements with PWC on any matter of accounting principles
or practices, financial statement disclosure or audit scope
or procedure.
(d) The Corporation did not consult with Deloitte & Touche LLP ("DT")
with regard to any matter concerning the application of
accounting principles to any specific transactions, either
completed or proposed, or the type of audit opinion that might be
rendered with respect to the Corporation's financial statements.
(e) The Corporation has requested that each of PWC and DT review the
disclosures contained herein and furnish it with a letter
addressed to the Commission stating whether or not they are in
agreement with the above statements. A copy of said letters both,
dated August 7, 2000 are filed as Exhibits 16-1 and 16-2 to this
Form 6-K.
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ITEM 7 - FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(a) Exhibits
Exhibit 16-1. Letter from PricewaterhouseCoopers LLP
Exhibit 16-2. Letter from Deloitte & Touche LLP
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.
CONSOLTEX INC.
Date: August 7, 2000
/s/Paul J. Bamatter
=========================
Paul J. Bamatter
Vice-President and
Chief Financial Officer
Consoltex Inc.
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Exhibit 16-1
PricewaterhouseCoopers LLP
1250 Rene-Levesque Blvd. West
Suite 3500
Montreal, Quebec H3B 2G4
August 7, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read the Form 6-K dated August 7, 2000 of Consoltex Inc.
and are in agreement with the statements contained in paragraphs
(a) through (c) and paragraph (e). We have no basis to agree or
disagree with other statements of the registrant contained therein.
/s/PricewaterhouseCoopers LLP
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PricewaterhouseCoopers LLP
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Exhibit 16-2
Deloitte & Touche LLP
1 Place Ville-Marie
Suite 3000
Montreal, Quebec H3B 4T9
August 7, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read the Form 6-K dated August 7, 2000 of Consoltex Inc.
and are in agreement with the statements contained in paragraphs (a),
(d)and (e). We have no basis to agree or disagree with other
statements of the registrant contained therein.
/s/Deloitte & Touche LLP
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Deloitte & Touche LLP
