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 : October 4, 2000
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CONVERSION TECHNOLOGIES INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-28198 13-3754366
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
7 San Bartola Drive
St. Augustine Florida 32086
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (904) 808-0503
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Item 4. Changes in Registrant's Certifying Accountant.
Effective September 28, 2000, Conversion Technologies International, Inc.(the
"Registrant") has engaged the accounting firm of Gallogly, Fernandez and Riley,
LLP as independent certified public accountants for the Registrant. Previously,
the Registrant had engaged the accounting firm of BDO Seidman, LLP. Effective
July l, 2000, the partners in the Orlando, Florida accounting practice of BDO
Seidman, LLP purchased the Orlando accounting practice of BDO Seidman, LLP and
are continuing the practice under the name of Gallogly, Fernandez and Riley, LLP
as an independent member of the BDO Alliance. A resolution was passed by the
board on September 13, 2000 to accept the audit committee's recommendation and
dismiss BDO Seidman, LLP and a motion was passed by the board to allow the audit
committee to engage the firm of Gallogly, Fernandez and Riley LLP as the
Registrant's new accounting firm. The Registrant advised the former accountant
of its decision to dismiss them on September 28, 2000 and the former accountant
resigned on the same date.
During the past two years and any subsequent interim period prior to the
dismissal of BDO Seidman, LLP, there were no reports on the financial statements
of the Registrant containing any adverse opinion, or modified as to uncertainty,
audit scope or accounting principles, except for the report on the financial
statements for the years ended June 30, 1998 and June 30, 1999, which were
modified as to a going concern uncertainty. There were no disagreements with the
former accountant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope of procedure, which disagreement, if not
resolved to the satisfaction of the former auditor, would have caused them to
make reference to the subject matter of the disagreement in connection with its
report. The company has authorized the former accountant to respond fully to the
inquires.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
16. Letter, dated October 4, 2000, concerning the change in the
Registrant's Certifying Accountant.
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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.
Conversion Technologies International, Inc.
Registrant
By: /s/ Eckardt C. Beck
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Eckardt C. Beck
Acting President & Chief Executive Officer
DATED: October 4, 2000
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EXHIBIT INDEX
Exhibit Description
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16. Letter, dated October 4, 2000 concerning the change in the
Registrant's Certifying Accountant.
