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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 14, 1998
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What A World!, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-25002 59-3200879
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
P.O. Box 20125, Tampa, Florida 33716
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(Address of principal executive offices) (zip code)
Registrant's Telephone Number, including Area Code: (813) 577-9366
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N/A
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(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) On May 11, 1998, What A World!, Inc. (the "Registrant")
dismissed Arthur Andersen LLP (the "Former Accountant") as the Registrant's
independent accountants. The Registrant's Board of Directors participated in
and approved the decision to change independent accountants.
The reports of the Former Accountant on the Registrant's financial
statements for the fiscal years ended February 3, 1996 and February 1, 1997
contained explanatory paragraphs as to uncertainty with respect to the
Registrant's ability to continue as a going concern. There were no
disagreements with the Former Accountant for the fiscal years ended February 3,
1996 and February 1, 1997 and the subsequent interim period through May 11, 1998
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 the Former Accountant, would have caused them to make
reference thereto in their reports on the financial statements for such years.
No events of the kind set forth in Item 304(a)(1)(iv)(B) of Regulation S-B
occurred during the fiscal years ended February 3, 1996 and February 1, 1997.
The Former Accountant has furnished the Registrant with a letter
addressed to the Securities and Exchange Commission stating that it agrees with
the above statements. A copy of this letter was included as an exhibit to the
Report on Form 8-K as filed on May 14, 1998.
(b) The Registrant has engaged Kirkland, Russ, Murphy & Tapp
(the "New Accountant") as its new independent accountants, effective May 11,
1998. During the fiscal years ended February 3, 1996 and February 1, 1997 and
the interim periods subsequent to February 1, 1997, the Registrant did not (i)
consult with the New Accountant on the application of accounting principles to
any specified transaction, either completed or proposed, (ii) consult with the
New Accountant on the type of audit opinion that might be rendered on the
Registrant's financial statements, (iii) receive either written or oral advice
from the New Accountant that was an important factor in reaching a decision as
to an accounting, auditing or financial reporting issue or (iv) consult with
the New Accountant on any matter that was the subject of a disagreement or a
reportable event (each as described in Item 304(a)(1)(iv) of Regulation S-B).
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
(16) Letter dated May 14, 1998 from Arthur Andersen LLP
pursuant to Item 304(a)(3) of Regulation S-B as
previously filed on May 14, 1998, with Report on
Form 8-K.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
WHAT A WORLD!, INC.
(Registrant)
Dated: May 29, 1998 By: /s/ David F. Miller
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David F. Miller
President
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