SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------
FORM 8-K
AMENDMENT NO. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 6, 2000
WORLDBID CORPORATION
----------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Nevada
----------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
000-26729 88-0427619
- --------------------------------- ---------------------------------
(Commission File Number) (IRS Employer Identification No.)
1110 - 1175 Douglas Street, Victoria, British Columbia, Canada, V8R 5R5
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(250) 475-2248
- --------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
- --------------------------------------------------------------------------------
(Former name or Former Address, if Changed Since Last Report)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Sarna & Company (the "Former Accountant"), was replaced as independent
certified public accountant and independent auditor for Worldbid Corporation
(the "Company") on November 6, 2000. The Company's decision to change
accountants was approved by its Board of Directors.
During the period from inception to April 30, 1999 and through the fiscal
year ended April 30, 2000, there were no disagreements with the Former
Accountant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements if not
resolved to the satisfaction of the Former Accountant would have caused it to
make reference thereto in its report on the financial statements for such year.
During the period from inception to April 30, 1999 and through the fiscal
year ended April 30, 2000, the Former Accountant's Report did not contain an
adverse opinion or disclaimer of opinion, nor was it qualified or modified as to
uncertainty, audit scope, or accounting principles.
During the period from inception to April 30, 2000, and through the date of
this report, the Former Accountant did not advise the Company with respect to
any of the matters described in paragraphs (a)(1)(iv)(B)(1) through (3) of Item
304 of Regulation S-B.
On November 6, 2000, the Company engaged KPMG LLP Chartered Accountants as
its independent auditors and independent certified public accountant.
The Company has provided the Former Accountant with a copy of the foregoing
disclosures and has requested in writing that the Former Accountant furnish it
with a letter addressed to the Securities and Exchange Commission stating
whether or not it agrees with such disclosures. A copy of such letter has been
filed as an exhibit to this report in accordance with Item 601 of Regulation
S-B.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits. The following exhibit is filed as part of this report:
Exhibit
Number Description
------ -----------
16.1 Letter, dated November 21, 2000 from Sarna & Company (the
"Former Auditor") to the Securities and Exchange Commission
stating that it has reviewed Item 4 in the Form 8-K and is
in agreement.
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.
Worldbid Corporation
(Registrant)
Date: November 21, 2000 By: /s/ Barry Alexander
-----------------------------------
Name: Barry Alexander
Title: Secretary
EXHIBIT INDEX
Exhibit
Number Description
- ------ -----------
16.1 Letter, dated November 21, 2000 from Sarna & Company (the "Former
Auditor") to the Securities and Exchange Commission stating that
it has reviewed Item 4 in the Form 8-K and is in agreement.