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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Commission File Number:
earliest event reported):
JANUARY 19, 2001 1-10210
eGLOBE, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 13-3486421
(State or other jurisdiction of (IRS Employer Identification
incorporation) Number)
1140 Connecticut Avenue, NW, Suite 801
Washington, D.C. 20036
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(202) 822-8981
(Former name or former address, if changed since last report)
1250 24th Street, NW, Suite 725
Washington, D.C. 20037
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eGlobe, Inc.
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ITEM 4. CHANGE IN CERTIFYING ACCOUNTANT
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On January 19, 2001, BDO Seidman, LLP resigned as our independent public
accountants.
We have been advised by BDO Seidman, LLP that for the year ended March 31, 1998,
the nine months ended December 31, 1998 and the year ended December 31, 1999,
there were no disagreements with BDO Seidman, LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedures, which disagreements if not resolved to their satisfaction would have
caused them to make reference in their opinion on our financial statements to
the subject matter of the disagreement.
The audit opinion of BDO Seidman, LLP on our most recent consolidated financial
statements as of and for the period ending December 31, 1999 contained a
statement that the potential redemption of our Series P and Q Convertible
Preferred stock (discussed in Note 19 to our consolidated financial statements),
coupled with the fact that we have suffered significant recurring losses from
operations, have a net capital deficiency, have significant short-term cash
commitments and do not presently have sufficient firm commitments from outside
sources to finance our growth plan, combine to raise substantial doubt about our
ability to continue as a going concern.
SIGNATURE
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Pursuant to the requirements of Section 13 of 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed in its
behalf by the undersigned, thereunto duly authorized.
eGlobe, Inc.
(Registrant)
Date: January 31, 2001 By /S/ David Skriloff
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David Skriloff
Chief Financial Officer
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January 25, 2001
Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549
RE: eGlobe, Inc.
Gentlemen:
We have read, and agree with, the description of the resignation and other
comments attributed to BDO Seidman, LLP set forth in Item 4 of Form 8-K dated
January 26, 2001 of eGlobe, Inc.
Very truly yours,
/S/ BDO Seidman, LLP
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BDO Seidman, LLP