SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):May 18, 1998
COMMUNITY MEDICAL TRANSPORT, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-24640 13-3507464
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
4 Gannet Drive, White Plains, NY 10604
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(Address of Principal Executive Offices)
(914) 697-9233
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(Registrant's Telephone Number, Including Area Code)
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Item 4. Change in Registrant's Certifying Accountant.
(a)(1)(i) Richard A. Eisner & Company, LLP ("Eisner") terminated its position as
the Company's auditors pursuant to letter received by the Company on May 18,
1998.
(a)(1)(ii) Eisner's report on the financial statements for either of the past
two years did not contain an adverse opinion or a disclaimer of opinion, and was
not qualified or modified as to any uncertainty, audit scope or as to accounting
principles.
(a)(1)(iii) There has been no Board of Directors action in connection with
Eisner's resignation.
(a)(1)(iv) During the Company's two most recent fiscal years and any subsequent
interim periods preceeding Eisner's resignation, there were no disagreements
with Eisner on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which disagreements if not
resolved to the satisfaction of Eisner, would have caused Eisner to make
reference to the subject matter of the disagreements in connection with its
report.
(a)(1)(v) There were no reportable events of the type described in Item
304(a)(1)(v)(A) through (D) of Regulation S-K.
(a)(2) The Company has not yet engaged a successor accounting firm.
(a)(3) The Company has provided Richard A. Eisner & Company, LLP with a copy of
the foregoing disclosures and has requested in writing that it furnish the
Company with a letter addressed to the Securities and Exchange Commission
stating whether or not it agrees with such disclosures. A copy of such letter
will be filed as an exhibit to this report in accordance with Item 601 of
Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Exhibit (a) Copy of letter from Richard A. Eisner & Company, LLP
regarding change of the Company's independent public accountants.
(b) Not applicable.
(c) The letter of Richard A. Eisner & Company, LLP shall be filed, via an
amendment to this Form 8-K, as an exhibit to this report in accordance with the
provisions of Item 601 of Regulation S-K.
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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 thereunto duly authorized.
COMMUNITY MEDICAL TRANSPORT, INC.
Date: May 28, 1998 /s/ Donald J. Panos
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Donald J. Panos
Chief Financial Officer
Richard A. Eisner & Company, LLP
Accountants and Consultants
May 26, 1998
Community Medical Transport Inc.
C/o Michael DiGiovanna
Parker Duryee Rosoff & Haft
529 Fifth Avenue
New York, NY 10017-4608
Gentlemen:
Richard A. Eisner & Company, LLP ("Eisner"), has had an opportunity to
review the Form 8-K dated May 20th, 1998, which reports the fact that Eisner
terminated its position as the Company's auditors pursuant to a letter received
by the Company on May 18, 1998. We agree with the statements contained in the
Form 8-K, (except as to the statement regarding a successor accounting firm as
to which we have no knowledge), insofar as it reports that during the Company's
two most recent fiscal years, and any subsequent interim periods preceding
Eisner's resignation, "there were no disagreements with Eisner on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure, which disagreement(s) if not resolved would have caused
Eisner to make reference to the subject matter of the disagreement in connection
with its report."
For the record, the reason that Eisner terminated its position as auditors
for the Company was the fact that the Company recently commenced a litigation
against Eisner (and others) which alleged negligence and breach of contract on
the part of Eisner in connection with a pre-acquisition audit of a company which
subsequently became a subsidiary of the Company. Since Eisner disputes the
allegations of that complaint and intends to vigorously defend against such
matter, Eisner concluded that it could no longer continue its role as Auditors
of the Company, even though the Company had not terminated Eisner's services.
Very truly yours,
Richard A. Eisner & Company, LLP
