SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON DC  20549


                                 FORM 8-K/A
                              Amendment No. 1



             Current Report Pursuant to Section 13 or 15(d) of
                    The Securities Exchange Act of 1934




                          Date of Report: July 11, 2002
                        ---------------------------------
                        (Date of earliest event reported)




                            Centerpoint Corporation
           ------------------------------------------------------
           (Exact Name of Registrant as Specified in its Charter)




       Delaware                   000-22813            13-3853272
- ------------------------    --------------------- -------------------
(State of Incorporation)    (Commission File No.)  (I.R.S. Employer
                                                   Identification No.)




             18 East 50th Street 10th Floor New York, NY 10022
           -----------------------------------------------------
           (Address and Zip Code of Principal Executive Offices)




      Registrant's telephone number including area code: (212) 758-6622



ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

     On July 11, 2002 Centerpoint Corporation ("we" "us") dismissed Arthur
Andersen SpA as our principal accountant.  The decision to change accountants
was approved by our Board of Directors.  We do not currently have an audit
committee.

     Neither of the reports of Arthur Andersen SpA on our financial statements
for each of the past two fiscal years ended December 31, 2000 and 2001
contained an adverse opinion or disclaimer of opinion, nor was any such report
modified as to audit scope or accounting principles.  However, Arthur Andersen
SpA's report on our financial statements for the year ended December 31, 2001
does contain a "going concern qualification".  We do not believe that there
were any disagreements with Arthur Andersen SpA on any matter of accounting
scope or procedure in connection with the audits of our financial statements
for the years ended December 31, 2000 and 2001 or during the subsequent
interim period through July 11, 2002, which, if not resolved to Arthur
Andersen SpA's satisfaction, would have caused Arthur Andersen SpA to make
reference to the subject matter of the disagreement(s) in connection with its
reports.


     We requested that Arthur Andersen SpA furnish us a letter addressed to
the Commission stating whether it agrees with the statements made by us, and,
if not, stating the respects in which it does not agree.  However, we have
been advised by Arthur Andersen SpA that it is unable to provide, and will not
provide, the letter since it no longer has the infrastructure necessary to
provide such letters.  As a result, pursuant to Item 304T of Regulation S-B,
no letter from Arthur Andersen SpA will be filed herewith.


     We have engaged BDO Seidman LLP as our new independent accountants as of
July 11, 2002.  During the two most recent fiscal years and through July 11,
2002, we have not consulted with BDO Seidman LLP regarding either (i) the
application of accounting principles to a specific transaction, either
completed or proposed; or consulted with BDO Seidman LLP regarding the type of
audit opinion that might be rendered on our financial statements (BDO Seidman
LLP has not provided us with any reports or advice, either written or oral,
that would be an important factor in reaching a decision as to an accounting,
auditing or financial reporting issue); or (ii) any matter that was either the
subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of
Regulation S-K and the related instructions to Item 304 of Regulation S-K, or
a reportable event, as that term is defined in Item 304(a)(1)(iv) of
Regulation S-K.













Page 2



                                  SIGNATURES


     Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this amendment to be signed on its behalf by
the undersigned hereunto duly authorized.


                                   CENTERPOINT CORPORATION



Date: July 15, 2002                By: /s/  David Fuller
                                       ------------------------------
                                       David Fuller, Secretary










































Page 3