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 15, 2005
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MARC PHARMACEUTICALS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-113734 13-4169954
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification
No.)
350 Bedford Street, Stamford, Connecticut 06901
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(Address of Principal Executive Offices) (Zip Code)
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Registrant's telephone number, including area code: (203) 352-8817
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On July 15, 2005, Marc Pharmaceuticals, Inc. (the "Registrant") was
advised by its independent auditors, Weinick Sanders Leventhal & Co., LLP
("Weinick"), that on or before August 1, 2005 Weinick will cease to perform
audit services for any publicly held company. Accordingly, after July 31, 2005,
Weinick will not serve as the Registrant's independent auditors. On July 21,
2005 the Registrant engaged Raich, Ende & Malter Co. LLP ("Raich"), an
independent certified public accounting firm, to serve as its independent
auditors beginning on August 1, 2005.
The principal report on the financial statements of the Registrant
issued by Weinick for the year ended December 31, 2004, the only audited
financial statements since the registration of the Registrant's securities under
the Securities Act of 1933, as amended, did not contain an adverse opinion or a
disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit
scope or accounting principles. Weinick's audit report as at and for the year
ended December 31, 2004 contained a going concern qualification.
During the Registrant's most recent fiscal year ended on December
31, 2004 and the period subsequent to December 31, 2004 through the date of this
filing, there were no disagreements with Weinick on any matters of accounting
principles or practice, financial statement disclosure, or auditing scope or
procedure.
The Registrant has provided Weinick with a copy of the foregoing
disclosure and Weinick furnished to the Registrant a letter addressed to the
U.S. Securities and Exchange Commission (the "Weinick Letter") stating that it
agrees with such disclosure. A copy of the Weinick Letter is annexed as an
Exhibit to this Current Report on Form 8-K.
The Registrant has not consulted Raich on (A) applications of
accounting principals to a specified transaction, either completed or proposed,
(B) the type of auditing opinion that might be rendered on the Registrant's
financial statements, and neither a written report was provided to the
Registrant nor oral advice was provided that Raich concluded was an important
factor considered by the Registrant in reaching a decision as to the accounting,
auditing or financial reporting issue or (C) any matter that was either the
subject of a disagreement or a reportable event.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(C) Exhibits.
99.1 Letter to the U.S. Securities and Exchange Commission from Weinick
Sanders Leventhal & Co., LLP dated July 20, 2005.
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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 hereunto duly authorized.
MARC PHARMACEUTICALS, INC.
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(Registrant)
Date: July 21, 2005 By: /s/ Robert M. Cohen
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Robert M. Cohen
President, Chief Financial Officer and
Chief Executive Officer
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EXHIBIT INDEX
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EXHIBIT # DESCRIPTION
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99.1 Letter to U.S. Securities & Exchange Commission from Weinick Sanders
Leventhal & Co. LLP dated July 20, 2005
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