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) June 21, 1999
------------------------------
THE WIDECOM GROUP, INC.
- -------------------------------------------------------------------------------
(Exact name of Registrant as specified in charter)
Ontario, Canada 1-13588 98-0139939
- -------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
72 Devon Road, Unit #18, Brampton, Ontario Canada L6T 5B4
- -------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (905)712-0505
----------------------------
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
On June 15, 1999, the Board of Directors of The Widecom Group, Inc.
(the "Company") determined that it would be in the best interests of the
Company to cease the relationship with its independent accountant and
auditors, BDO Dunwoody, LLP, which acted as its independent accountant and
auditors with respect to the Company's financial statements for the
previous two fiscal years ended March 31, 1998.
The replacement of BDO Dunwoody, LLP was recommended and approved by
the Board of Directors of the Company and is not the result of any
disagreement with BDO Dunwoody, LLP on any matter of accounting principles
or practice, financial statement disclosure or auditing scope or procedure.
During the last two fiscal years no report issued by BDO Dunwoody,
LLP contained any adverse opinion or a disclaimer of opinion, or was
qualified or modified as to uncertainty, audit scope, or accounting
principles. In addition, during the last two fiscal years and subsequent
periods, there were no disagreements with BDO Dunwoody, LLP regarding
accounting principles, or practices, financial statement disclosure, or
auditing scope or procedure nor any dispute between the Company and BDO
Dunwoody, LLP with respect to the Company's status as a "going concern."
Effective June 15, 1998, the Board of Directors of the Company
determined that it would be in the best interests of the Company to retain
the services of Schwartz, Lewitski, Feldman, LLP to replace BDO Dunwoody,
LLP as its independent accountant and auditors. The firm will be auditing
the Company's financial statements to be included in the Company's Form 10K
for its fiscal year ended March 31, 1999 due to be filed with the
Securities and Exchange Commission on or about June 29, 1999.
The Company intends to have Schwartz, Lewitski, Feldman, LLP continue
to serve as the Company's accountant and auditors for the fiscal year
ending March 31, 2000.
During the last two fiscal years and subsequent periods, the Company
did not consult with Schwartz, Lewitski, Feldman, LLP regarding accounting
principles, or practices, financial statement disclosure, or auditing scope
or procedure or accounting principles applicable to any specific
transaction.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits
16.1 Letter from BDO Dunwoody, LLP on change in Certifying Accountant.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report on Form 8K to be signed on its
behalf by the undersigned hereunto duly authorized.
THE WIDECOM GROUP, INC.
(Registrant)
By: /s/ Raja S. Tuli
--------------------------------
Raja S. Tuli
Chief Executive Officer
Dated: June 21, 1999
Exhibit 16.1
[BDO Dunwoody LLP LETTERHEAD]
June 18, 1999
Office of the Chief Accountant
Securities and Exchange Commission
Mail Stop 11-3
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have been furnished with a copy of the response to Item 4 of Form 8-K
for the event that occurred on June 15, 1999, to be filed by our former
client, The Widecom Group Inc. We agree with the statements made in
response to that item insofar as they relate to our Firm.
Yours truly,
/s/ BDO Dunwoody LLP
CHARTERED ACCOUNTANTS
Per: Stephen W. Spiers, C.A.
Partner
