U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGEACT OF 1934
Date of Report (Date of earliest event reported) December 28, 1998
AQUAGENIX, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-24490 65-0419263
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) Identification No.)
6500 Northwest 15th Avenue, Fort Lauderdale,
Florida 33309 (Address of principal executive offices)
(954) 975-7771
(Issuer's telephone number)
Not Applicable
(Former name or former address, if changed since last report)
1
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant
---------------------------------------------
(a) On December 18, 1998, Aquagenix, Inc. (the "Company") advised
PricewaterhouseCoopers LLP ("PwC") that it would not be appointed as the
Company's auditors for the year ended December 31, 1998. The Board of Directors
approved the Company's decision not to appoint PwC as the Company's auditors for
the year ended December 31, 1998 on April 16, 1998.
(b) During either of the two most recent fiscal years PwC reports on
the Company's financial statements have not contained adverse opinions or
disclaimers of opinion. During either of the two most recent fiscal years there
have not been any disagreements between PwC and the Company on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure or any reportable events between PwC and the Company.
(c) The Company delivered a copy of this Form 8-K report to PwC on
December 28, 1998. The Company has attached as an Exhibit hereto, a letter from
PwC addressed to the Securities and Exchange Commission stating that it agrees
with the statements made by the Company in response to Item 4 hereof.
(d) On December 18, 1998, the Board of Directors of the Company
appointed Durland & Company, CPAs, P.A. as independent auditors of the Company
for the fiscal year ended December 31, 1998 and Durland & Company, CPAs, P.A.
accepted such appointment.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
------------------------------------------------------------------
(c) Exhibits:
16.1 Letter of PricewaterhouseCoopers LLP pursuant to Item
304(a)(3) of Regulation S-B to be filed by amendment.
2
<PAGE>
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.
AQUAGENIX, INC.
By: /s/ Abraham S. Fischler
-------------------------------
Abraham S. Fischler
Chairman of the Board
3
PricewaterhouseCoopers LLP
- --------------------------------------------------------------------------------
PricewaterhouseCoopers LLP
200 East Las Olas Boulevard
Suite 1700
Ft. Lauderdale FL 33301
Telephone (954) 764-7111
Facsimile (954) 525-453
Securities and Exchange Commission
450 5th Street, N.W.
Washington, DC 20549
December 30, 1998
Commissioners:
We have read the statements made by Aquagenix, Inc. (copy attached), which we
understand will be filed with the Commission, pursuant to Item 4 of Form 8-K,
as part of the Company's Form 8-K report for the month of December 1998. We
agree with the Statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ PricewaterhouseCoopers LLP
- -------------------------------
PricewaterhouseCoopers LLP
