UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: October 3, 2002
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CENTURY PARK PICTURES CORPORATION
(Exact name of small business issuer as specified in its charter)
Commission File Number: 0-14247
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Minnesota 41-1458152
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(State of incorporation) (IRS Employer ID Number)
4701 IDS Center, Minneapolis, MN 55402
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(Address of principal executive offices)
(612) 333-5100
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(Issuer's telephone number)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On October 4, 2002, the Company's independent certified public accounting firm,
Blanski Peter Kronlage & Zoch, P. A. (Blanski) of Minneapolis, Minnesota
formally notified the Company, in writing, that it was discontinuing providing
auditing services to all of it's publicly-owned clients. Blanski had previously
notified the Company verbally of it's intention to resign as the Company's
independent auditor.
No accountant's report on the financial statements for either of the past two
(2) years contained an adverse opinion or a disclaimer of opinion or was
qualified or modified as to uncertainty, audit scope or accounting principles,
except for a going concern opinion expressing substantial doubt about the
ability of the Company to continue as a going concern.
During the Company's two most recent fiscal years (ended September 30, 2001 and
2000) and from September 30, 2001 to the date of this Report, there were no
disagreements with Blanski on any matter of accounting principles or practices,
financial disclosure, or auditing scope or procedure. There were no reportable
events, as described in Item 304(a)(1)(v) of Regulation S-K, during the
Company's two most recent fiscal years (ended September 30, 2001 and 2000) and
from September 30, 2001 to the date of this Report.
On October 2, 2002, subsequent to the oral notification of the resignation of
Blanski, the Company's Board of Directors approved the retention of the
accounting firm of S. W. Hatfield, CPA of Dallas, Texas as its independent
auditors for the fiscal year ending September 30,2002. During the Company's two
most recent fiscal years ended September 30, 2001, and the subsequent interim
periods through the date of this Report, the Company did not consult with S. W.
Hatfield, CPA regarding any of the matters or events set forth in Item
304(a)(2)(i) and (ii) of Regulation S-K.
ITEM 5. OTHER EVENTS
The Company acknowledges that it is delinquent in filing the required Quarterly
Reports on Form 10-QSB for the quarterly periods ended December 31, 2001, March
31, 2002 and June 30, 2002. It is the intent of management to file these
documents as soon as possible upon the review of the Company's financial
statements in these filings by the Company's new auditing firm, pursuant to the
requirements of SEC Release 34-42266.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No. Description
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16.1 Letter regarding change in certifying accountant - to be
provided via amendment when issued by the Company's former
certifying accountant
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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.
CENTURY PARK PICTURES CORPORATION
Date: October 7, 2002 By: /s/ Thomas K. Scallen
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Thomas K. Scallen
Chairman and Chief Executive Officer