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) December 11, 2002
NUTEK, INC.
(Exact name of Registrant as specified in charter)
Nevada 0-29087 87-0374623
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification)
6340 McLeod Drive, Suite 3, Las Vegas, NV 89120
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 262-2061
ITEM 4. Changes in Registrant's Certifying Accountant
(a) Information required by Item 304 (a)(1) of Regulation S-K
On December 11, 2002, Nutek, Inc. (the Company) determined
to change the Company's independent accountants, and,
accordingly, ended the engagement of Chavez & Koch, CPA's,
in that role and retained Gary V. Campbell, CPA, Ltd. as its
independent accountants for the fiscal year ending December 31,
2002. The Audit Committee of the Board of Directors (the "Audit
Committee") and the Board of Directors of the Company approved
the decision to change independent accountants based on the fact
that the Company's current Chief Financial Officer previously
served as a manager at Chavez & Koch, CPA's. Per the requirements
under the recently announced Sarbanes-Oxley Act (the text of which
appears below) the Company is required to switch auditors.
H.R.3763, Sarbanes-Oxley Act of 2002
SEC. 206. CONFLICTS OF INTEREST.
Section 10A of the Securities Exchange Act of 1934 (15 U.S.C.
78j-1), as amended by this Act, is amended by adding at the
end the following:
(l) CONFLICTS OF INTEREST- It shall be unlawful for a registered
public accounting firm to perform for an issuer any audit service
required by this title, if a chief executive officer, controller,
chief financial officer, chief accounting officer, or any person
serving in an equivalent position for the issuer, was employed by
that registered independent public accounting firm and participated
in any capacity in the audit of that issuer during the 1-year
period preceding the date of the initiation of the audit.
During the period of December 27, 2001, through December 11,
2002, there were no disagreements with Chavez & Koch, CPA's
on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which
disagreement(s), if not resolved to Chavez & Koch, CPA's
satisfaction, would have caused them to refer to the subject
matter of the disagreement(s) in connection with their report;
and there were no "reportable events" as defined in Item
304 (a)(1)(v) of the Securities and Exchange Commission's
Regulation S-K. Neither of the reports of Chavez & Koch, CPA's
for the period ending December 31, 2001, and the subsequent
interim periods through December 11, 2002, contain an adverse
opinion or disclaimer of opinion, nor was either qualified or
modified as to uncertainty, audit scope, or accounting
principles.
(b) Information required by Item 304(a)(2) of Regulation S-K
Effective December 12, 2002, the Company has engaged Gary V.
Campbell, CPA, Ltd. as its independent accountants for the
fiscal year ended December 31, 2002. During the most recent
two fiscal years and during the portion of 2002 preceding
the Board's decision, neither the Company nor anyone engaged
on its behalf has consulted with Gary V. Campbell, CPA, Ltd.
regarding: (i) either the application of accounting
principles to a specified transaction, either completed or
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 of a disagreement (as
defined in Item 304(a)(1)(iv) of Regulation S-K) or a
reportable event (as described in Item 304(a)(1)(v) of
Regulation S-K).
The Company has furnished Chavez & Koch, CPA's with a copy
of the disclosures under this Item 4 and has requested that
Chavez & Koch, CPA's provide it with a letter addressed to the
SEC stating whether or not they agree with the above statements.
A copy of the letter from Chavez & Koch, CPA's has been filed
as an exhibit.
ITEM 7. EXHIBITS
Exhibit 16. Letter from Chavez & Koch, CPA's to the Securities and
Exchange Commission.
SIGNATURES
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.
Date: December 12, 2002
NUTEK, INC.
By:
/s/ Murray N. Conradie
-------------------
Murray Conradie, President
EXHIBIT 16 - ACCOUNTANT'S LETTER
December 11, 2002
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Nutek, Inc. (copy
attached), which we understand will be filed with the
Commission, pursuant to Item 4 of Form 8-K, as part of the
Company's Form 8-K report dated December 11, 2002. We agree
with the statements concerning our Firm in such Form 8-K.
Sincerely,
Chavez& Koch, CPA's Ltd.
/s/Tim Koch, CPA
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Chavez & Koch, CPA's