1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
AMENDMENT NO. 2
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JANUARY 31, 2000
GRACE DEVELOPMENT, INC.
- --------------------------------------------------------------------------------
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
COLORADO 0-25582 84-1110469
- --------------------------------------------------------------------------------
(STATE OR OTHER (COMMISSION FILE NUMBER) (IRS EMPLOYER
JURISDICTION OF IDENTIFICATION
INCORPORATION) NUMBER)
1690 CHANTILLY DRIVE, ATLANTA, GEORGIA 30324
- ------------------------------------------------------------------------------
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (404) 633-3831
2
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
INTRODUCTORY NOTE
On April 14, 2000, the Registrant filed Amendment No. 1 to its Current
Report on Form 8-K dated January 31, 2000 ("Amendment No. 1"), which contained
the financial statements required by Item 7 of Form 8-K. The text of Item 7(a)
is hereby amended and supplemented by adding thereto the following Report of
independent Accountants, which is added to include a conformed signature, which
was inadvertently omitted from the Report of Independent Accountants that was
filed with Amendment No. 1.
INDEPENDENT AUDITORS' REPORT
To the Members of
Webwizard II, LLC
We have audited the balance sheets of WEBWIZARD II, LLC (a Limited Liability
Company) as of December 31, 1999 and 1998 and the related statements of
operations, members' deficit, and cash flows for the year ended 1999 and for the
period November 17, 1998 [date of inception] to December 31, 1998. These
financial statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audits to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of WEBWIZARD II, LLC as of
December 31, 1999, and the results of its operations, its changes in members'
deficit, and its cash flows for year ended December 31, 1999 and for the period
November 17, 1998 [date of inception] to December 31, 1998, in conformity with
generally accepted accounting principles.
Atlanta, Georgia
February 24, 2000
/s/Habif, Arogeti & Wynne, LLP
3
SIGNATURE
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, thereunto duly authorized.
GRACE DEVELOPMENT, INC.
By: /s/ James Blanchard
----------------------------------
James Blanchard
President
Dated as of May 8, 2000