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): August 3, 2000
PANAGRA INTERNATIONAL CORP.
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(Exact name of registrant as specified in its charter)
New York 0-30183 13-4025362
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation or organization) ID Number)
515 Madison Avenue, New York, NY 10022
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(Address of principal executive offices)
(212) 829-0905
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(Registrant's Telephone Number)
Item 4. Change in Registrant's certifying accountant.
On August 3, 2000, Panagra International Corp. (the "Company") engaged
the accounting firm of Livingston Wachtell & Co. LLP ("Livingston") as its
independent public accountants to review the Company's interim financial
statements beginning with fiscal quarter ended June 30, 2000, and to audit the
Company's financial statements beginning with fiscal year ending December 31,
2000, and to review our previously filed financial statements for the quarter
ended March 31, 2000. The appointment of new independent public accountants was
approved by the Company's Board of Directors. We amicably concluded our
relationship with our former independent public accountants, Nelson Mayoka &
Company, P.C. ("NMC") effective with the appointment of Livingston.
Prior to the appointment of Livingston, the company did not consult with
Livingston on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure.
There were no disagreements with NCM on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure that would have caused NMC to make references in their report to such
disagreements.
NMC's reports on the Company's financial statements have contained no
adverse opinion or disclaimer of opinion and were not modified as to audit scope
or accounting principles.
We have provided NMC with a copy of this disclosure and requested that
they furnish a letter addressed to the Securities and exchange Commission (the
"Commission") stating whether they agree with the above statements. (A copy of
the letter addressed to the Commission is filed as Exhibit 1.0 to this report on
Form 8-K.)
Item 7. Financial Statements and Exhibits
Exhibit 1.0 Letter from Nelson Mayoka & Company P.C. dated August 8, 2000
regarding 8-K disclosure.
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.
Panagra International Corporation
Date: August 8, 2000 By: /s/ Elie Saltoun
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Elie Saltoun, Chief Executive Officer