SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDED
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): January 10, 1997
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Megatech Corporation
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(Exact name of registrant as specified in its charter)
Massachusetts 0-9643 04-2461059
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number: Identification No.)
555 Woburn Street, Tewksbury, Massachusetts 01876
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 937-9600
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(Former name or former address, if changed since last report).
MEGATECH CORPORATION
AMENDED
FORM 8-K
Item 1. Changes in Control of Registrant.
Not Applicable
Item 2. Acquisition or Disposition of Assets.
Not Applicable
Item 3. Bankruptcy or Receivership.
Not Applicable
Item 4. Changes in Registrant's Certifying Accountants.
(a) On January 2, 1997, the Registrant appointed the accounting
firm of Sullivan Bille, P.C. as independent accountants for
the year ended December 31, 1996 to replace Gordon Harrington
& Osborn, P.C., effective with such appointment. Gordan,
Harrington & Osborn, P.C. declined to stand for re-election
due to the amount of the audit fees for the year ended
December 31, 1996. The Registrant's Board of Directors
approved the selection of Sullivan Bille, P.C. as new
independent accountants upon the recommendation of the
Registrant's management. Management has not consulted with
Sullivan Bille, P.C. on any accounting, auditing or reporting
matter.
(b) During the two most recent fiscal years and the subsequent
interim period December 31, 1995 through January 2, 1997,
there have been no disagreements with Gordon, Harrington &
Osborn, P.C. on any matter of accounting principles or
practices, financial statement disclosure or auditing scope
or procedure or any reportable events.
(c) Gordon, Harrington & Osborn, P.C.'s report on the financial
statements for the past two years contained no adverse opinion
or disclaimer of opinion and was not qualified or modified as
to uncertainty, audit scope or accounting principles.
(d) The Registrant has provided Gordon, Harrington & Osborn, P.C.
with a copy of this disclosure and has requested that Gordon,
Harrington & Osborn, P.C. furnish it with a letter addressed
to the SEC stating whether it agreed with the above
statements. (A copy of Gordon, Harrington & Osborn, P.C.'s
letter to the SEC is filed as Exhibit 16 to the Amended
Form 8-K).
Item 5. Other Events.
Not Applicable
Item 6. Resignation of Registrant's Directors.
Not Applicable
Item 7. Financial Statements and Exhibits.
Not Applicable
Item 8. Change in Fiscal Year.
Not Applicable
Item 9. Sale of Equity Securities Pursuant to Regulation S.
Not Applicable
EXHIBITS
No. Description Page
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16 Letter from former principal accountant regarding 4
concurrence with statements made by Registrant in
Item 4.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant had duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Megatech Corporation
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(Registrant)
Dated: January 10, 1997 /s/ VAHAN V. BASMAJIAN
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Vahan V. Basmajian, President and Treasurer