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): June 15, 2000 Universe2U Inc. --------------- (Exact name of registrant as specified in its charter) Nevada 333-86331 88-0433489 ------ --------- ---------- (State or other (Commission File No.) (I.R.S. Employer jurisdiction Identification No.) of incorporation) 30 West Beaver Creek Rd. - Suite 109 Richmond Hill, Ontario, Canada L4B 3K1 ------------------------------ ------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (905) 881-3284 Paxton Mining Corporation -------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 4. Changes in Registrant's Certifying Accountant. Effective June 15, 2000, Universe2U Inc. (the "Company") appointed Moore Stephens Cooper Molyneux LLP ("Moore Stephens") as its independent public accountants. Moore Stephens replaces Williams & Webster, P.S. ("Williams & Webster") as the Company's auditors. The change in independent public accountants was approved by the Board of Directors of the Company. Williams & Webster's report on the financial statements of the Company for the year ended June 30, 1999, did not contain an adverse opinion or a disclaimer of opinion, nor was it modified as to audit scope, accounting principles, or uncertainties other than the ability to continue as a going concern. During the term of Williams & Webster's engagement, there were no disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which if not resolved to the satisfaction of the former accountant, would have caused it to make reference to the subject matter of the disagreement in connection with its report. Prior to retaining Moore Stephens, the Company had not consulted with Moore Stephens regarding the application of accounting principles to a specified transaction or the type of audit opinion that might be rendered on the Company's financial statements. ITEM 7. Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) The exhibits filed as part of this report are listed below and are attached to this report as indicated. Exhibit No. - ----------- 16 Letter re: Change in Certifying Accountant # # # 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. June 15, 2000 UNIVERSE2U INC. By: /s/ Kim Allen ---------------- Kim Allen President