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 (Date of earliest event reported) July 19, 1999
HITSGALORE.COM, INC.
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(Exact name of Registrant as specified in its charter)
FLORIDA 000-26668 65-0036344
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(State or other jurisdiction (Commission (I.R.S Employer
of incorporation or organization) file Number) Identification No.)
10134 6th Street, Suite J, Rancho Cucamonga, CA 91730
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(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code (909) 481-8821
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HITSGALORE.COM, INC.
Item 4. Changes in Registrant's Certifying Accountant
On July 26, 1999, the Registrant received written notice from Moore
Stephens Lovelace, P.A. that it was withdrawing as auditor of record for
Hitsgalore.com, Inc. The notice received from Moore Stephens Lovelace
was dated as of July 19, 1999, and mailed on July 21, 1999. The reports
of Moore Stephens Lovelace, P.A. on the financial statements of
Hitsgalore.com, Inc. (formerly Systems Communications, Inc.) as of
December 31, 1998 and for the period from its inception (July 21, 1998)
to December 31, 1998 and on the consolidated financial statements of
Systems Communications, Inc. (the Registrant's predecessor) for each of
the two years in the period ended December 31, 1998 did not contain an
adverse opinion or a disclaimer of opinion and were not qualified or
modified as to audit scope or accounting principles. The reports of
Moore Stephens Lovelace, P.A. included an explanatory paragraph
expressing substantial doubt about the Registrant's and its
predecessor's ability to continue as a going concern.
In connection with the audits of the financial statements of the
Registrant and it's predecessor referred to above, and in the subsequent
interim periods, there were no disagreements with Moore Stephens
Lovelace, P.A. on any matters of accounting principles or practices,
financial statement disclosure, or auditing scope and procedures which,
if not resolved to the satisfaction of Moore Stephens Lovelace, P.A.
would have caused Moore Stephens Lovelace, P.A. to make reference to the
matter in their report.
Moore Stephens Lovelace, P.A. stated that its withdrawal as auditor of
record for Hitsgalore.com, Inc. was due to the Company not meeting the
"Firm's client acceptance criteria." The Company has authorized Moore
Stephens Lovelace, P.A. to respond fully to the inquiries of a successor
accountant concerning its withdrawal as the Registrant's auditor of
record.
Moore Stephens Lovelace, P.A. has furnished a letter addressed to the
Commission stating that it agrees with the statements contained herein.
A copy of that letter, dated July 26, 1999 is filed herewith.
The withdrawal of Moore Stephens Lovelace, P.A. as the Registrant's
auditor of record was not recommended or approved by the Registrant's
Board of Directors.
As of this date, the Registrant has not appointed a new independent
accountant.
Item 7. Financial Statements and Exhibits
(c) Exhibits
16.2 Letter Re: Change in certifying accountants
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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.
HITSGALORE.COM, INC. Date: July 27, 1999
By /s/ Steve Bradford
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Steve Bradford
President, Principal Executive Officer
Principal Accounting Officer and Director
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Exhibit 16.2
July 26, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K dated July 19, 1999 of Hitsgalore.com,
Inc. and are in agreement with the statements contained in the first
four paragraphs insofar as they relate to our firm. We have no basis to
agree or disagree with other statements of the registrant contained
therein.
/s/ Moore Stephens Lovelace, P.A.
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Moore Stephens Lovelace, P.A.
