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: APRIL 17, 2002
TEAM MUCHO, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Ohio 0-21533 31-1209872
- ---------------------------------- --------------------------- -------------------------------
(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NO.) (IRS EMPLOYER IDENTIFICATION
INCORPORATION OR ORGANIZATION) NUMBER)
110 E. Wilson Bridge Road
Worthington, Ohio 43085
(614) 848-3995
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER
INCLUDING AREA CODE OF REGISTRANT'S
PRINCIPAL EXECUTIVE OFFICES)
None
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On April 17, 2002, TEAM Mucho, Inc. (the "Company") decided to dismiss
Arthur Andersen LLP ("Andersen") as the Company's independent auditors and
engaged Ernst & Young LLP ("E&Y") to serve as the Company's independent auditors
for 2002. This determination was approved by the Audit Committee of the Board of
Directors.
During the Company's two most recent fiscal years, and the subsequent
interim period through the date of this Report, there were no disagreements
between the Company and Andersen on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to Andersen's satisfaction, would have caused
Andersen to make reference to the subject matter of the disagreement in
connection with its reports; and there were no reportable events as listed in
Item 304(a)(1)(v) of Regulation S-K.
Andersen's audit reports on the Company's consolidated financial
statements for the past two fiscal years did not contain any adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope or accounting principles. The Company has provided Andersen with a
copy of the foregoing disclosures. A letter from Andersen is attached hereto as
Exhibit 16.1, indicating its concurrence with the disclosures provided.
During the Company's two most recent fiscal years, and the subsequent
interim period through the date of this Report, the Company did not consult E&Y
with respect to the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit opinion that
might be rendered on the Company's consolidated financial statements, or any
other matters or reportable events as described in paragraph 304(a)(1)(v) of
Regulation S-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) EXHIBITS.
Exhibit No. Description
16.1 Letter from Arthur Andersen LLP to the
Securities and Exchange Commission.*
99.1 Press Release, dated April 23, 2002.
* To be filed by amendment.
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.
TEAM MUCHO, INC.
Date: April 23, 2002 By: /s/ S. CASH NICKERSON
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S. Cash Nickerson, Chairman, President and CEO
EXHIBIT INDEX
Exhibit No. Description
16.1 Letter from Arthur Andersen LLP to the
Securities and Exchange Commission.*
99.1 Press Release, dated April 23, 2002.
* To be filed by amendment.