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 4, 1998
Restaurant Teams International, Inc.
(Exact name of registrant as specified in its charter)
State of Texas 001-13559 75-2337102
(State of incorporation) (Commission File No.) (IRS Employer
Identification No.)
1705 E. Whaley
Longview, Texas 75605
(Address of principal executive offices) (Zip code)
No change
(Former name of address, if changed since last report).
Item 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On March 4, 1999, the Registrant ended its relationship with its
independent auditors, Lane, Gorman, Trubitt, LLP, effective as of that date.
There have been no disagreements with Lane, Gorman, Trubitt, LLP on any
matter of accounting principles, practices, financial statement disclosure, or
auditing scope or procedure or any reportable event. The change is being made to
maximize economies of scale relative to acquisitions in process and anticipated.
The registrant's audit committee has now engaged Ernst & Young LLP,
effective March 5, 1999. The registrant has not consulted Ernst & Young LLP
prior to such appointment with respect to any matter of accounting principles or
practices, financial statement disclosure, auditing scope or procedure, or any
disagreement with Lane, Gorman, Trubitt, LLP.
The registrant has authorized Lane, Gorman, Trubitt, LLP to respond
fully to the inquires of Ernst & Young LLP. Attached as an exhibit with this
filing report is the Lane, Gorman, Trubitt, LLP letter addressed to the SEC, as
required by Item 304 (a) (3) of Regulation S-K.
<PAGE>
ITEM 7. FINANCIAL STATEMENT, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
None
(b) Pro Forma Financial Information
None
(c) Exhibits
16.1 Letter re change in Certifying 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 hereunto duly authorized.
Restaurant Teams International, Inc.
Date: November 4, 1998 By: /s/ Stanley L. Swanson
--------------------
Stanley L. Swanson
Chief Executive Officer
(Signature)
Date: November 4, 1998 By: /s/ Curtis A. Swanson
------------------
Curtis A. Swanson
Chief Financial Officer
(Signature)
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
16.1 Letter re change in Certifying Accountant
[graphic omitted]
L A N E
CERTIFIED PUBLIC
GORMAN
ACCOUNTANTS
TRUBITT Securities and Exchange Commission
AND CONSULTANTS Washington, D.C. 20549
L.I.P.
We were previously the independent accountants
for Restaurant Teams International, Inc. and were
engaged to report on the financial statements of
2626 Howell Restaurant Teams International, Inc. as of and for
The Seventh Floor the two years ended December 31, 1998. Prior to
Dallas,Texas 75204 completing those audits, on March 4, 1999, we were
214.871.7500 dismissed as independent accounts of Restaurant
Fax 214.871.0011 Teams International, Inc.
www.lgtcpa.com
We have read Restaurant Teams International, Inc.'s
statements included under Item 4 of its Form 8-K
dated March 9, 1999, and we agree with such
Members: statements.
AICPA /s/ Lane Gorman Trubitt, L.L.P.
-------------------------------
The McGladney Network Lane Gorman Trubitt, L.L.P.
GMN International
