FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): October 19, 1999
THE HARTCOURT COMPANIES INC.
(Exact name of registrant as specified in its charter.)
Utah
(State of incorporation or organization)
001-12671
(Commission File Number)
87-0400541
(I.R.S. Employee Identification No.)
1196 East Willow Street, Long Beach, California 91730
(Address of principal executive offices)
Registrant's telephone number, including area code: (562) 426-9796
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Item 1. Changes in Control of Registrant
None
Item 2. Acquisition or Disposition of Assets
None
Item 3. Bankruptcy or Receivership
None
Item 4. Changes in Registrants Certifying Accountant
On October 18, 1999 Registrant received a letter of resignation from
Registrants independent accountants, Harlan & Boettger, LLP, dated October 8,
1999. A copy of said letter of resignation is attached hereto as Exhibit 16(a).
At the present time the Board of Directors of the Registrant, has not made a
decision concerning an auditing firm to replace Harlan & Boettger, LLP. Harlan &
Boettger previously issued an unqualified report dated March 6, 1999, assuming
the Company will continue as a going concern, which did not contain any adverse
opinion or disclaimer of opinion, or any qualification as to uncertainty, audit
scope or accounting principles. Such report has not been modified.
There were no disagreements with Harlan & Boettger on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure during the two year period prior covered by their report and
subsequently through October 8, 1999.
Item 5. Other Events
None
Item 6. Resignation of Registrants Directors
None
Item 7. Financial Statements and Exhibits
a) Financial Statements - None
b) Exhibits
Exhibit 16(a) - Letter of resignation by Harlan & Boettger, LLP, as independent
accountants for Registrant.
Exhibit 16(b) - Consent of independent accountants.
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Item 8. Change in Fiscal Year
None
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE HARTCOURT COMPANIES INC. (Registrant)
By: /s/ Alan Phan
-------------------
Dr. Alan Phan
Dated: October 19, 1999
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EXHIBIT 16(a)
Harlan & Boettger, LLP
Certified Public Accountants
5415 Oberlin Drive
San Diego, CA 92121
PH: (858) 535-2000
FAX: (858) 535-2015
October 8, 1999
Office of Chief Accountant
SECPS LetterFile
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, NW
Washington, DC 20549
Gentlemen:
We were the previous principal accountants for The Hartcourt Companies, Inc.
(Registrant). On March 6, 1999, we reported on the financial statements of The
Hartcourt Companies, Inc. and Subsidiaries as of and for the years ended
December 31, 1998 and 1997.
On October 8, 1999, we notified Dr. Alan V. Phan, President that we would no
longer be serving The Hartcourt Companies, Inc. as their principal accountants.
There have been no disagreements concerning accounting principles or
disclosures. As of this date, we have not read nor approved the Registrants
Form 8-K referencing the change of accountants.
Very truly yours,
/s/ Harlan & Boettger, LLP
Harlan & Boettger, LLP
cc: Dr. Alan V. Phan, President
The Hartcourt Companies, Inc.
<PAGE>
EXHIBIT 16(b)
Harlan & Boettger, LLP
Certified Public Accountants
5415 Oberlin Drive
San Diego, CA 92121
PH: (858) 535-2000
FAX: (858) 535-2015
Securities and Exchange Comission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 in the Form 8-K for The Hartcourt Companies Inc.
(Commission File No. 001-12671) dated October 19, 1999, filed with the
Securities and Exchange Commission and are in agreement with the statements
contained therein insofar as they relate to our firm.
Harlan & Boettger, LLP
/s/ Harlan & Boettger, LLP
San Diego, California
October 19, 1999
