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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
November 16, 2000
Date of report (Date of earliest event reported)
GENFINITY CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-22045 13-3525328
(State or Other (Commission File Number) (IRS Employer
Jurisdiction Identification No.)
of Incorporation)
124 North Belair Road, Evans, Georgia 30809
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(Address of Principal Executive Offices)
(919) 960-2660
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(Registrant's telephone number, including area code)
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ITEM 4. Changes in Registrant's Certifying Accountant.
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In October 2000 and effective immediately, Genfinity, Inc. (the
"Company"), previously Apple Homes Corp., selected the accounting firm of Tabb,
Conigliaro & McGann, P.C. ("TCM") as the independent accountants for the Company
for the fiscal year ending March 31, 2001 to replace the accounting firm of
Gifford, Hillegass & Ingwersen, P.C. ("GHI"). The decision to change accountants
was approved by the Board of Directors.
The Company filed its Annual Report on Form 10-K for the fiscal year
ended March 31, 2000 upon GHI's completion of their audit of the Company's
consolidated financial statements for the year then ended. The Form 10-K was
filed on June 29, 2000.
During the period between the change in accountants and the
effectiveness of GHI's replacement ( the "Pre-Effective Period"), there were no
disagreements with GHI 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 GHI) would have caused GHI
to make reference in connection with their report to the subject matter of the
disagreements. The accountants' report on the consolidated financial statements
of the Company for the fiscal year ended March 31, 2000 did not contain any
adverse opinion or disclaimer of opinion and was not qualified or modified as to
uncertainty or audit scope or accounting principles.
During the Pre-Effective Period, the Company (or anyone on the
Company's behalf) did not consult with TCM regarding either the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that might be rendered on the Company's
consolidated financial statements and neither a written report nor oral advice
was provided to the Company that TCM concluded was an important factor
considered by the Company in reaching a decision as to an accounting, auditing
or financial reporting issue.
The Company has requested GHI to furnish the Company with a letter
addressed to the Securities and Exchange Commission stating whether GHI agrees
with the above statements. A copy of this letter is attached to this current
report on Form 8-K.
ITEM 7. Financial Statements and Exhibits
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(a) Exhibits.
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The following exhibit is filed with this report.
Exhibit Number Description
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16 Letter from Gifford, Hillegass & Ingwersen, P.C.
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SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
Genfinity Corporation
Date: November 17, 2000
By /s/ Arnold W. Kwong
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Name: Arnold W. Kwong
Title: Chief Operating Officer
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EXHIBIT INDEX
Exhibit Number Description
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16 Letter from Gifford, Hillegass & Ingwersen, P.C.
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