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): April 29, 1999
DYNAMIC HEALTH PRODUCTS, INC.
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(Exact name of registrant as specified in its charter)
FLORIDA 0-23031 34-1711778
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(State or other jurisdiction of (File Number) (IRS Employer
incorporation) Identification No.)
6950 BRYAN DAIRY ROAD
LARGO, FLORIDA 33777
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(Address of principal executive offices)
Registrant's telephone number, including area code (727) 544-8866
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
On April 29, 1999, the Company engaged Grant Thornton LLP as the
Company's independent auditors for the fiscal year ended March 31, 1999,
replacing the firm of Kirkland, Russ, Murphy & Tapp, CPAs, which served as the
Company's independent auditors for the fiscal year ended March 31, 1998. The
change was approved by the Company's audit committee. The reason for the change
to a national firm was to better position the Company for access to the public
capital markets.
The reports of Kirkland, Russ, Murphy & Tapp, CPAs for each of the two
fiscal years ended March 31, 1997 and March 31, 1998 did not contain any adverse
opinion or disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles.
The Company believes there were no disagreements with Kirkland, Russ,
Murphy & Tapp, CPAs within the meaning of Instruction 4 to Item 304 of
Regulation S-K on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure in connection with the
audits of the Company's financial statements for the fiscal years ended March
31, 1998 and 1997 or for any subsequent interim period, which disagreements if
not resolved to their satisfaction would have caused Kirkland, Russ, Murphy &
Tapp, CPAs to make reference to the subject matter of the disagreements in
connection with its reports.
During the two most recent fiscal years and through present, there have
been no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K) of
the type required to be disclosed by that section. The Company has not consulted
with Grant Thornton LLP regarding either (i) the application of accounting
principles to a specified transaction, either completed or
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proposed; or the type of audit opinion that might be rendered on the Company's
financial statements; or (ii) any matter that was either the subject matter of a
disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related
instructions) or a reportable event (as defined in Item 304(a)(1)(v) of
Regulation S-K).
A letter of Kirkland, Russ, Murphy & Tapp, CPAs addressed to the
Securities and Exchange Commission is included as Exhibit 16 to this Form 8-K.
Such letter states that such firm agrees with the statements made by the Company
in this Item 4.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:
16 Letter of Kirkland, Russ, Murphy & Tapp, CPAs to the Securities and
Exchange Commission included herein pursuant to the requirements of
Item 304(a)(3) or Regulation S-K.
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 here unto duly authorized.
DYNAMIC HEALTH PRODUCTS, INC.
April 30, 1999 By: /s/ KOTHA S. SEKHARAM
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Kotha S. Sekharam, President
