SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) October 27, 2003
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Veritec Inc.
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(Exact Name of Registrant as Specified in Charter)
Nevada 000-15113 95-3954373
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(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
9400 Golden Valley Road, Golden Valley, MN 55427
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code 763.253.2670
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On October 27, 2003, Veritec, Inc. (the "Company") received a letter of
resignation dated October 22, 2003 from its independent public accountants,
Callahan, Johnston & Associates, LLC ("Callahan").
Callahan performed audits of the Company's financial statements as of
and for the years ended June 30, 2003 and 2002. Callahan's audit reports for
such fiscal years did not contain an adverse opinion or disclaimer of opinion;
however, its audit reports for each of the years ended June 30, 2003 and 2002
were modified as to the uncertainty of the Company's ability to continue as a
going concern. Callahan's reports were not qualified or modified as to audit
scope or accounting principles.
During the years ended June 30, 2003 and 2002, and during the interim
period from July 1, 2003 to October 27, 2003, there have been no disagreements
between the Company and Callahan 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 Callahan, would have
caused Callahan to make reference to the subject matter of such disagreements in
its reports.
During the years ended June 30, 2003 and 2002 and during the interim
period from July 1, 2003 to October 27, 2003, Callahan has not advised the
Company of any reportable events as described in Item 304(a)(1)(iv)(B) of
Regulation S-B.
Callahan has furnished the Company with a letter to the SEC stating
that it agrees with the above statements, which letter is attached hereto as
Exhibit 16.1.
The Company's Board of Directors has yet to select new independent
public accountants for the Company.
ITEM 7. EXHIBITS
Exhibit No. Description
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16.1 Letter from Callahan, Johnston & Associates, LLC dated
October 28, 2003
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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.
VERITEC INC.
Date: October 30, 2003 By /s/ Van Thuy Tran
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Van Thuy Tran
Its Chief Executive Officer
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