SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
June 14, 2000
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: June 14, 2000
ALANCO TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
Arizona 86-0220694
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
15900 North 78th Street, Suite 101, Scottsdale, Arizona 85260
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(Address of principal executive offices) (Zip Code)
(480) 607-1010
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(Registrant's telephone number, including area code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On June 12, 2000 Alanco Technologies, Inc. (the "Company") elected to
terminate its relationship with Hein + Associates LLP , as the Company's
independent public accountants. The decision was made due to projected
increases in audit costs resulting from the expansion of Alanco Technologies,
Inc. operations in Phoenix, Arizona, while the independent public accountants
are in Denver, Colorado. As of June 12, 2000 the Company has appointed Semple
& Cooper LLP, Phoenix, Arizona, as the Company's independent public accountants
for the fiscal year ended June 30, 2000.
Hein + Associates LLP's report on the financial statements for either of
the past two years did not contain an adverse opinion or a disclaimer opinion,
nor was it qualified or modified as to uncertainty, audit scope or accounting
principles.
The decision to change accountants was approved by the Company's Board of
Directors, who also expressed appreciation for the superlative work performed
by Hein + Associates.
During the Company's two most recent fiscal years and any subsequent
interim period preceding the dismissal, there were no disagreements with Hein +
Associates LLP on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which disagreement, if not
resolved to the satisfaction of Hein + Associates LLP, would have caused Hein +
Associates LLP to make a reference to the subject matter of this disagreement
in connection with its report.
The Company has requested that Hein + Associates LLP review this Report
and furnish the Company with a letter addressed to the Commission containing
any new information, clarification of the Company's expression of its views, or
in any respect in which it does not agree with the statements made by the
Company herein. Such letter, which states that Hein + Associates LLC is in
agreement with the statements herein, is attached as Exhibit 1.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DATE: June 14, 2000 ALANCO TECHNOLOGIES, INC
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(Registrant)
/s/ John A. Carlson
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John A. Carlson
Chief Financial Officer
EXHIBIT
NUMBER
16.1 Letter re Change in Certifying Accountant of Hein + Associates LLP,
dated June 12, 2000
